Quick Value #281 - Monetizing Investments
Turnaround done, profitable, net cash balance sheet, and now monetizing investment stake valued at >60% of current market cap. Operating businesses have soft fundamentals, but consistently profitable.
Today’s post:
This idea sourced from a recent hedge fund purchase (13F)
Upcoming catalyst via ongoing investment monetization
Net of cash & investments, shares trade at 2.4x EBITDA and 3.6x earnings
Operating businesses are so-so, but performing well after multi-year turnaround
Quick reminder — For newer subscribers, my write-ups are meant to be a “jumping off point” for the idea generation process (i.e. a surface level review). Check out past write-ups here and my home base page here.
Recent write-ups include:
08/18/25 — Atleos a 20% EPS grower at 10x earnings
08/11/25 — Sangoma Technologies turnaround-to-growth transition ($)
08/04/25 — My sourcing list and watchlist process
07/21/25 — ATN International high-quality small-cap telco ($)
07/14/25 — Babcock & Wilcox (BW) option-like upside
06/23/25 — Reviewing RAL spin-off and FTV RemainCo
06/02/25 — Mid-year review of recommended ideas ($)
05/24/25 — Guide to reviewing a 10-K