#  @InvestSpecial Dalius - Special Sits Dalton Investments, a US-based activist fund, is urging Fuji Media (4676.T) to speed up asset sales, including a full spin-off of its real estate holdings, and focus on content creation to boost ROE, profitability, and close the conglomerate discount. This is Dalton's latest campaign, following their focus on Japan for decades, practicing value-driven constructive engagement. They push small-caps to unlock value through asset sales, capital returns, and more. ### Engagements: [-----] [#](/creator/twitter::3095079461/interactions)  - [--] Week [------] +57% - [--] Month [-------] +85% - [--] Months [---------] +195% - [--] Year [---------] +54% ### Mentions: [--] [#](/creator/twitter::3095079461/posts_active)  - [--] Week [--] -14% - [--] Month [---] +7.60% - [--] Months [---] +115% - [--] Year [---] +123% ### Followers: [------] [#](/creator/twitter::3095079461/followers)  - [--] Week [------] +0.50% - [--] Month [------] +2.30% - [--] Months [------] +11% - [--] Year [------] +19% ### CreatorRank: [-------] [#](/creator/twitter::3095079461/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 45.21% [stocks](/list/stocks) 27.13% [cryptocurrencies](/list/cryptocurrencies) 4.79% [countries](/list/countries) 4.79% [technology brands](/list/technology-brands) 2.13% [currencies](/list/currencies) 1.6% [luxury brands](/list/luxury-brands) 1.06% [social networks](/list/social-networks) 1.06% [exchanges](/list/exchanges) 0.53% **Social topic influence** [ceo](/topic/ceo) 6.91%, [strong](/topic/strong) 6.38%, [in the](/topic/in-the) 5.85%, [business](/topic/business) 5.32%, [core](/topic/core) 4.26%, [company](/topic/company) 4.26%, [stake](/topic/stake) 3.72%, [debt](/topic/debt) 3.72%, [$kore](/topic/$kore) 3.72%, [arb](/topic/arb) 3.72% **Top accounts mentioned or mentioned by** [@halviocapital](/creator/undefined) [@deepsailcapital](/creator/undefined) [@greystonecap](/creator/undefined) [@gatorcapital](/creator/undefined) [@fairlightcap](/creator/undefined) [@kingdomcapadv](/creator/undefined) [@alluvialcapital](/creator/undefined) [@joncukierwar](/creator/undefined) [@millervalue](/creator/undefined) [@horizonkinetics](/creator/undefined) [@capitalvoss](/creator/undefined) [@hkuppy](/creator/undefined) [@haydencapital](/creator/undefined) [@jameshollier24](/creator/undefined) [@crossroadsonx](/creator/undefined) [@grok](/creator/undefined) [@uncensoredpm](/creator/undefined) [@aboveavgodds](/creator/undefined) [@choiceequities](/creator/undefined) [@gwinvestors](/creator/undefined) **Top assets mentioned** [ContextLogic Inc. (LOGC)](/topic/$logc) [Smart Share Global Limited (EM)](/topic/$em) [Cannae Holdings, Inc. Common Stock (CNNE)](/topic/$cnne) [BARK, Inc. (BARK)](/topic/$bark) [Civeo Corporation (CVEO)](/topic/$cveo) [TELUS International (Cda) Inc. (TIXT)](/topic/$tixt) [Acadia Healthcare Company, Inc. (ACHC)](/topic/$achc) [Rapids (RPD)](/topic/$rpd) [Old Dominion Freight Line Inc (ODFL)](/topic/$odfl) [Diana Shipping, Inc. (DSX)](/topic/$dsx) [Xponential Fitness, Inc. (XPOF)](/topic/$xpof) [Braemar Hotels & Resorts Inc. Common Stock (BHR)](/topic/$bhr) [Goldman Sachs (GS)](/topic/goldman-sachs) [HSBC Holdings PLC (HSBC)](/topic/$hsbc) [Solana (SOL)](/topic/$sol) [Wing Finance (WING)](/topic/$wing) ### Top Social Posts Top posts by engagements in the last [--] hours "$YEXT setup looks interesting. Yet another MBO weve covered on SSI in recent months. The spread to the CEO/Chairmans bid is about 7% with minimal downside to pre-announcement. Decent chance of a bump or an overbid from a 3rd party. Link to the full write-up below" [X Link](https://x.com/anyuser/status/1976559758548283471) 2025-10-10T08:05Z 33.6K followers, 25.5K engagements "We will see an improved bid for $PRTH shortly - Highly opportunistic bid by CEO (owns 58%) - Special committee review underway - Offer values PRTH well below peers - Two activists pushing back p.s. currently offering 30-day free trial to my blog so be sure to check it out" [X Link](https://x.com/InvestSpecial/status/1994810451860099192) 2025-11-29T16:47Z 33.6K followers, 23.5K engagements "$ELME wind-down looks interesting - Sold most of its multifamily portfolio - Paid $14.67/sh special dividend - Remaining assets to be sold by the end of May - Expects to distribute $2.352.80/sh more by YE vs $2.16 stock (930% spread)" [X Link](https://x.com/anyuser/status/2017340879116115991) 2026-01-30T20:55Z 33.6K followers, [----] engagements "Asymmetric bet on FDA decision - Not a typical biotech play: drug works - Key issue is whether the trial design can be agreed - FDA blessed this design before its U-turn - Patient advocates putting pressure on FDA - Recent precedents suggest this is solvable - Upside 160%" [X Link](https://x.com/InvestSpecial/status/2019710308185739294) 2026-02-06T09:50Z 33.6K followers, 13.1K engagements "Some consolidation seems to be starting in the recreational boating market. $MPX is being acquired by $MCFT effectively a take-under with the 69% controlling shareholder backing the deal. Some shareholder disappointment but the offer looks fair. This is a done deal" [X Link](https://x.com/InvestSpecial/status/2019802766395289663) 2026-02-06T15:58Z 33.6K followers, [----] engagements "+350% in a week - $FNCH the best performing pitch on SSI so far Might double again from the current levels. This is what SSI investor community is about Read the full post here: https://www.specialsituationinvestments.com/2024/08/guest-pitch-finch-therapeutics-group-fnch/ https://www.specialsituationinvestments.com/2024/08/guest-pitch-finch-therapeutics-group-fnch/" [X Link](https://x.com/InvestSpecial/status/1823282881923346864) 2024-08-13T08:58Z 33.5K followers, 30.9K engagements "Interesting setup over at $CVEO with a highly reputable activist involved. At its core the pitch rests on a combination of hidden assets growing earning power and the presence of a reputable activist Engine Capital (which owns 10%) already driving significant changes in capital allocation. My conservative estimate of upside excluding the value of underutilized assets suggests a 40% gain over [---] years compared to Engine Capitals estimate of 100%+ over the same period. A key aspect of the thesis is the ongoing capital return program. Engine Capital began its campaign in March [----] pushing" [X Link](https://x.com/InvestSpecial/status/1945406803250122943) 2025-07-16T08:55Z 33.5K followers, 18.2K engagements "Exploring the BPO privatization theme $TASK $TIXT $TTEC BPO privatizations have become a small but growing theme in the market. Majority-shareholder buyouts are emerging across an industry facing significant uncertainty. Meanwhile many of these companies continue to generate strong cash flow. The key idea and likely the reasoning behind these buyouts is that buyers dont see this cash flow drying up anytime soon. If that proves true and AI doesn't decimate these businesses overnight then the bids make a lot of sense. TASK is the latest addition to this trend joining TIXT and TTEC with the" [X Link](https://x.com/InvestSpecial/status/1945769191581360161) 2025-07-17T08:55Z 33.6K followers, 13.1K engagements "Pure-play net-net biopharma plays with announced strategic reviews seem to be disappearing fast. Tang Capital has been especially active recently picking up a number of these names including $CRGX $KRON $IGMS and $ELEV. Recently $EPIX agreed to a similar type of setup. Some broken biopharmas pivoted into crypto treasury plays like $SONN which was up 10x on that deal. Yes thats the world we live inbut I digress. Not many of these plays remain on the market. So it might be worth looking into setups that are trading at massive discounts but still have not announced any strategic shifts or" [X Link](https://x.com/InvestSpecial/status/1946130824211931376) 2025-07-18T08:52Z 33.5K followers, 19.5K engagements "$LOGC remains one of the few attractive NOL plays on the market ContextLogic is the former operator of Wish a failed e-commerce company that has since sold off its core operations. LOGC is now a shell company with a large cash pile (approximately $6.50/share) and significant tax assets (over $13/share). Management is highly incentivized to find an acquisition partner as the CEO is eligible for a substantial payout if the stock price rises to the $1021 range potentially earning him between $12m and $50m compared to the current share price of $7.50. For more context Ill link to an old SSI" [X Link](https://x.com/InvestSpecial/status/1952302257220801009) 2025-08-04T09:35Z 33.5K followers, 11.4K engagements "Interesting thoughts shared by White Falcon Capital Management on the $TIXT buyout. They estimate fair value in the range of $57/share (similar to my estimates of 78x EBITDA) compared to the stock at $3.73/share and Telus offer of $3.40/share. Full letter below. Buyout of $TIXT by its parent $TU looks interesting. Lowball initial offer could be bumped after the special commitee review ends. The largest shareholder of TIXT a BPO and IT services business is TELUS Corp a $24bn Canadian telecom giant holding a 60% stake. TELUS has Buyout of $TIXT by its parent $TU looks interesting. Lowball" [X Link](https://x.com/InvestSpecial/status/1958484765499101251) 2025-08-21T11:02Z 33.6K followers, [----] engagements "3/ $LOGC pitch by Alluvial Capital Cash-rich NOL shell with $222M cash minimal burn and $2B of federal NOLs that never expire. It has partnered with BC Partners which has already invested $75M and may double that ensuring strong dealflow" [X Link](https://x.com/InvestSpecial/status/1960613176577331562) 2025-08-27T07:59Z 33.5K followers, [----] engagements "With $6.50/share in cash downside is well protected. If $LOGC secures the right acquisition its NOLs alone could be worth more than todays market cap. If not liquidation provides a floor. A classic asymmetric special situation" [X Link](https://x.com/InvestSpecial/status/1960613179551027202) 2025-08-27T07:59Z 33.5K followers, [----] engagements "Interesting pitch on $DERM from Summers Value Partners Emrosi new FDA-approved rosacea drug launched Apr [--]. Already $15M+ run-rate patent thru [----] $100M+ sales potential. Could drive profitability by [--] PT $20" [X Link](https://x.com/InvestSpecial/status/1969015297202889183) 2025-09-19T12:26Z 33.5K followers, [----] engagements "$CVEO released an IR deck a few days ago. Nothing new mostly a reiteration of the thesis outlined below. Key takeaway for me is that the potential to put the underutilized Canadian assets in play is increasingly likely. Several projects currently under FID are well-suited for these assets see the screenshot from the IR deck. That's about $2030M in potential earnings power on top of the $97M in expected EBITDA by year-end. Of course its not fully clear when this will materialize but the optionality is becoming more valuable in my eyes. Interesting setup over at $CVEO with a highly reputable" [X Link](https://x.com/InvestSpecial/status/1973670660653113591) 2025-10-02T08:45Z 33.5K followers, [----] engagements "$CIVI next in line Permian oil & gas explorer to be sold after $VTLE. Bloomberg just reported CIVI is looking to merge with a similarly sized or larger peer. Looks cheap but way too much debt for my liking. Any upside from here" [X Link](https://x.com/InvestSpecial/status/1973701663329534127) 2025-10-02T10:48Z 33.6K followers, 10.5K engagements "$ACHC finally might be getting sold. Two activists with a combined 9% stake are pushing the medical facilities owner/operator to explore a sale. Certainly cheap at 7x fwd EBITDA but the staggered board is a big problem. Watching closely for further developments" [X Link](https://x.com/InvestSpecial/status/1974083885660320013) 2025-10-03T12:07Z 33.4K followers, 11.1K engagements "$ACHC has given back all of its activism-related pop in the stock price. This isnt surprising. The two activists clearly pushed for an immediate sale review while noting that the company had been approached by multiple parties. Yet almost a month of silence from management is quite telling theyre not giving up control easily. For now I dont see a clear path to success. More clarity is needed but if the stock continues to decline it could get cheap enough to make the long game from activists interesting. There already seems to be enough dissatisfaction among the broader shareholder base" [X Link](https://x.com/InvestSpecial/status/1981296916164915361) 2025-10-23T09:49Z 33.4K followers, [----] engagements "Time for the occasional fintwit check-in👇 Whats the cheapest stock youre holding right now and why Preferably sub-$1B names no geography or industry limits" [X Link](https://x.com/InvestSpecial/status/1981412806613487949) 2025-10-23T17:30Z 33.6K followers, 22.7K engagements "Interesting pitch by Black Bear Value Partners on $LXS.DE Lanxess is a specialty chemicals co selling its more cyclical and capital-intensive biz in favor of stickier lower-capital-intensity ones. Trades at a 15-20% mid-cycle FCF yield. Buybacks expected to kick in" [X Link](https://x.com/InvestSpecial/status/1983883289006928382) 2025-10-30T13:06Z 33.4K followers, [----] engagements "Unusual bidding war with $EM - After months of wrangling mgmt signed a definitive at $1.25/ADS - Two weeks later the 2nd largest investor topped it with a $1.77/shr offer - Management matching the bid looks increasingly likely - Asymmetric setup with a 3-to-1 risk/reward" [X Link](https://x.com/InvestSpecial/status/1986412729314517291) 2025-11-06T12:37Z 33.4K followers, 21.7K engagements "Great Q3 letter from @HorizonKinetics is out. Covers several interesting topics including the impact of indexation and passive investing in todays market. Full letter: https://horizonkinetics.com/app/uploads/Horizon-Kinetics-Q3-2025-Commentary-Final.pdf https://horizonkinetics.com/app/uploads/Horizon-Kinetics-Q3-2025-Commentary-Final.pdf" [X Link](https://x.com/InvestSpecial/status/1987985365148250257) 2025-11-10T20:47Z 33.5K followers, 27K engagements "Thrift conversion play heating up: Stillwell (5%) just filed a 13D on $CLST. Stock trades 0.7x TBV past its 3-yr lockup and led by a team with a history of selling post-conversion thrifts. With Stillwell in the mix both sale and turnaround angles look compelling👇" [X Link](https://x.com/InvestSpecial/status/1988564244187460066) 2025-11-12T11:07Z 33.6K followers, 12.2K engagements "Nice pitch on $LSEG.L from Eagle Capital Resilient recurring revenue Exposure to both rising markets + volatility Margin expansion as tech spend normalizes Strong capital allocation Mid-teens EPS growth 18x [--] earnings Potential 20% multi-year IRR" [X Link](https://x.com/InvestSpecial/status/1989295516170199214) 2025-11-14T11:33Z 33.4K followers, 11.5K engagements "Sale of $RPD looks increasingly likely. - Activist with 10% stake and [--] board seats likely to push for a sale. - New CFO has PE + cyber M&A background. - $CNNE a possible buyer. - Looks cheap at 12x run-rate FCF with potential growth rebound. Lets dive in👇" [X Link](https://x.com/InvestSpecial/status/1989360206409777160) 2025-11-14T15:50Z 33.6K followers, [----] engagements "2/ Most importantly JANA Partners (owns 10%) is the key catalyst. Theyve steadily increased their stake at meaningfully higher prices and now control [--] board seats. Their standstill expires in the coming months increasing pressure to act if performance doesnt improve" [X Link](https://x.com/InvestSpecial/status/1989360212101443790) 2025-11-14T15:50Z 33.6K followers, [---] engagements "3/ Worth noting: JANA has a strong track record of pushing companies into sale processes. Moreover when JANA first filed a 13D here it was jointly with $CNNE which still owns a stake. CNNE has said publicly that JANA brings them proprietary deal flow (screenshot from Q2)" [X Link](https://x.com/InvestSpecial/status/1989360219391234490) 2025-11-14T15:50Z 33.6K followers, [---] engagements "4/ That doesnt guarantee $CNNE involvement in an $RPD transaction but it establishes them as a credible potential acquirer here. CNNE owns about 0.5% as of now" [X Link](https://x.com/InvestSpecial/status/1989360222570467525) 2025-11-14T15:50Z 33.5K followers, [---] engagements "Pitch on $ODFL by Pelican Bay - Undisputed LTL leader delivering 20% EBIT margins 20% ROIC and a net-cash B/S. - In a cyclical industry its pricing power keeps rivals at bay. - Rare chance to buy a compounder at the low end of its valuation range" [X Link](https://x.com/InvestSpecial/status/1990508223443673126) 2025-11-17T19:51Z 33.5K followers, 11.1K engagements "Another non-binding MBO for the basket: $KW - Take-private led by CEO + $FFH.TO (31% combined stake) - Spread at 8% - Offer looks light at first glance - But I just dont see the special committee rejecting it - Not overly excited given leverage + 20% downside Any thoughts" [X Link](https://x.com/InvestSpecial/status/1990712298848092309) 2025-11-18T09:22Z 33.5K followers, [----] engagements "1/ Joseph Stillwell Specializes in community banks with weak governance and entrenched management. A key sub-segment he focuses on is thrift conversion plays where he typically pushes for a sale once the lock-up expires or takes board seats to drive better capital allocation" [X Link](https://x.com/InvestSpecial/status/1991589198235840956) 2025-11-20T19:27Z 33.6K followers, [---] engagements "Never-ending sale saga at $MX. A $30/shr deal collapsed in [----] now the stock trades near $2.70. This year $7/shr buyout rumors went nowhere. Now an 8.5% activist has filed a 13D and is engaging with management. Strategic review ongoing. Anyone digging into this" [X Link](https://x.com/InvestSpecial/status/1994000987296813441) 2025-11-27T11:10Z 33.5K followers, 15.2K engagements "As suspected $DSX 15% stake build since April has turned into a buyout for $GNK - A cash bid at $20.60/share (spread at 9%) - Bid at c. 0.8-0.9x NAV - Special committee reviewing - Poison pill adopted last month - Feels like this will be rejected Any thoughts" [X Link](https://x.com/InvestSpecial/status/1994073740980932953) 2025-11-27T16:00Z 33.5K followers, 11.4K engagements "Despite reaching breakeven and growing faster than most peers the mkt still values NURS.V like a niche wellness operator. Based on a reasonable 34x EV/Sales multiple $NURS.V is worth $8$11/share vs 5.3/share today with more upside if execution continues" [X Link](https://x.com/InvestSpecial/status/1994744506672194021) 2025-11-29T12:25Z 33.5K followers, [----] engagements "8/ $XPOF pitch by @CapitalVoss Franchisor of boutique fitness brands with an asset-light recurring revenue model. Current valuation implies terminal decline but headline metrics mask strong unit economics. A highly asymmetric setup" [X Link](https://x.com/InvestSpecial/status/1994744509163606324) 2025-11-29T12:25Z 33.5K followers, [----] engagements "$XPOF trades at 6x [----] EBITDA vs. $PLNT at 2021x. Club Pilates alone likely does $105M EBITDA; at a conservative 1113x thats $13$17/share 2x todays price before giving any value to Pure Barre YogaSix BFT or StretchLab" [X Link](https://x.com/InvestSpecial/status/1994744512053481821) 2025-11-29T12:25Z 33.5K followers, [----] engagements "The Value Investors Club "Hall of Fame." Thousands apply. Few get in. Even fewer win the VIC contest each year. I looked at every winning pitch since [----]. Here are the Top [--] investors by total wins (plus my favorite pitch from each)👇" [X Link](https://x.com/InvestSpecial/status/1995803848003219769) 2025-12-02T10:34Z 33.6K followers, 50.5K engagements "1/ charlie479 (active 2001-2009) - [--] wins - Well-known in the value investing community (Norbert Lou) - One of the most legendary VIC runs with the highest win rate (6 out of [--] pitches) - My favourite pitch: $NVR a massive multibagger" [X Link](https://x.com/InvestSpecial/status/1995803851220230245) 2025-12-02T10:34Z 33.6K followers, [----] engagements "Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont see a bump from $EM's management by then it looks like both Hillhouse and Silver Point will take the dissenting rights route. Big special sits players stepping into the $EM trade Silver Point Capital just disclosed a 7% stake. The $41B AUM fund focuses on special sits distressed debt and credit and runs a tight public equity book with only [--] positions as of Q2. Big special sits players stepping into the $EM trade Silver Point Capital just disclosed a 7% stake." [X Link](https://x.com/InvestSpecial/status/1996893590476542185) 2025-12-05T10:45Z 33.6K followers, 28.5K engagements "$PLRX is a biopharma net-net at 50% below year-end cash. - Tang Capital owns 10% (underwater here) - Only P1 asset remains (still moving forward) - Though mgmt just cut the Chief Biz and Chief Science officers - Strategic alts ongoing Feels primed for a Tang-style buyout" [X Link](https://x.com/InvestSpecial/status/1998724686209851685) 2025-12-10T12:01Z 33.5K followers, [----] engagements "$EM shareholder approval has been received. While this was guaranteed given managements ownership it takes a bid increase off the table. The bump thesis didnt play out though the downside was contained. Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont see a bump from $EM's management by then it looks like both Hillhouse and Silver Point will take the dissenting rights route. Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont" [X Link](https://x.com/InvestSpecial/status/2008206858540945558) 2026-01-05T16:00Z 33.6K followers, [----] engagements "$ATKR sale looking increasingly likely - Mgmt openly exploring a sale - Activists rep added to the board late last year - A few weeks ago rumors emerged that multiple PEs were circling - Valuation is tricky but 2030% upside on hist. multiples seems reasonable" [X Link](https://x.com/InvestSpecial/status/2009233186149290380) 2026-01-08T11:58Z 33.5K followers, [----] engagements "2/ $PRPO pitch by @DeepSailCapital Potential multibagger hidden in a microcap cancer diagnostics co with proprietary assay kits (HemeScreen IV-Cell) and its own CLIA lab. PRPO is already up 2x since the original pitch but a further 23x upside remains" [X Link](https://x.com/InvestSpecial/status/2011464030418776215) 2026-01-14T15:42Z 33.6K followers, [----] engagements "$PRPO plays in the $115B oncology diagnostics space. Products distributed via Thermo Fisher McKesson Cardinal etc. Strong growth runway from 1% share. Margins expanding (23% 43%) pathology revs +53% YoY now near FCF breakeven" [X Link](https://x.com/InvestSpecial/status/2011464032687947903) 2026-01-14T15:42Z 33.6K followers, [----] engagements "4/ $KITS pitch by @GreystoneCap An e-commerce optical retailer led by Roger Hardy who previously built and sold Coastal Contacts to EssilorLuxottica. With 35%+ rev growth 70% repeat customers and in-house manufacturing the model scales with strong margins and limited capex" [X Link](https://x.com/InvestSpecial/status/2011464045904154910) 2026-01-14T15:42Z 33.5K followers, [----] engagements "Unsurprisingly $GNK rejected the $DSX bid as undervaluing. GNK then floated a buyout of DSX (price undisclosed) but thats unlikely to go anywhere. DSX doesnt look eager to raise its offer so the most probable outcome is that this story is effectively over. As suspected $DSX 15% stake build since April has turned into a buyout for $GNK - A cash bid at $20.60/share (spread at 9%) - Bid at c. 0.8-0.9x NAV - Special committee reviewing - Poison pill adopted last month - Feels like this will be rejected Any thoughts https://t.co/6Mtbe3K1d5 As suspected $DSX 15% stake build since April has turned" [X Link](https://x.com/InvestSpecial/status/2012101394938179870) 2026-01-16T09:55Z 33.5K followers, [----] engagements "The bid finally came in for $CVGW. However the offer is only about $27/share just slightly above the July trading levels when rumors of a $32/share sale emerged. Well see how things develop there could be some shareholder pushback but it seems unlikely. Interesting Early Merger Arb Setup Developing at $CVGW 20%+ Upside Potential CVGW is one of the largest distributors of avocados in the U.S. The company has faced multiple challenges in recent years particularly after its founder and long-time CEO retired in [----]. The new Interesting Early Merger Arb Setup Developing at $CVGW 20%+ Upside" [X Link](https://x.com/InvestSpecial/status/2013280295508639992) 2026-01-19T16:00Z 33.6K followers, [----] engagements "12% annual returns (net of fees) is the "Great Divide." Most struggle to beat the S&P [---]. These [--] funds consistently hit that mark and along the way write impeccable investor letters. The ultimate fund letters shortlist👇 1) Praetorian Capital - @hkuppy 2) Gator Capital - @gatorcapital 3) Hayden Capital - @HaydenCapital 4) Laughing Water Capital - @LaughingH20Cap 5) Fairlight Capital - @Fairlight_Cap 6) Kingdom Capital Advisors - @kingdomcapadv 7) Atai Capital - @AtaiCapital 8) Merion Road Capital - @aaronjsallen 9) LVS Advisory (Growth Fund) - @LuisVSanchez777 10) Greystone Capital -" [X Link](https://x.com/InvestSpecial/status/2014276351365390498) 2026-01-22T09:58Z 33.5K followers, 77.4K engagements "As expected $SOHO shareholders approved the buyout. Only customary conditions should be left now. Closing is expected in Q1. The spread on preferred shares has narrowed to 2.5%. On the commons its at 1.4%. $SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing the two share classes very differently - Preferreds trade at a 10%+ spread while commons trade at less than 5% - Bet on the preferred stock looks highly attractive. https://t.co/pYqnWKru8g $SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing" [X Link](https://x.com/InvestSpecial/status/2014760043439169933) 2026-01-23T18:00Z 33.6K followers, [----] engagements "$SFD buying out $NATH turned out to be correct unfotruntly I was off on pricing. I still think the buyout price is too low but Lorber and management own 30% and support the deal so it likely closes. The idea returned 3% mostly from dividends. On to the next one. Potential sale of $NATH looks like an interesting asymmetric bet with limited downside and 3050% upside. Back in February the Financial Times reported that the hot dog brand owner was in talks regarding a possible sale. Details were limited but it was noted that major food Potential sale of $NATH looks like an interesting asymmetric" [X Link](https://x.com/InvestSpecial/status/2016179394595766459) 2026-01-27T16:00Z 33.5K followers, [----] engagements "$LKQ seems to have fully yielded to the activists - Major aftermarket parts distributor now exploring a full co sale - Specialty seg. on the block since Dec25 - Follows cooperation with Ancora/Engine 12mo ago - Trades at 10.6x 25E P/E; 2030% premium should be possible" [X Link](https://x.com/InvestSpecial/status/2016254783724663213) 2026-01-27T20:59Z 33.6K followers, [----] engagements "Another potential multibagger from @DeepSailCapital - $SNWV is a high-margin med-tech platform with a rapidly scaling razor/razor-blade model - Recurring consumables at 8090% margins driving operating leverage - Trades at 15x NTM EBITDA far too cheap for 30%+ growth co" [X Link](https://x.com/InvestSpecial/status/2016541783367504300) 2026-01-28T16:00Z 33.5K followers, 11K engagements "#1: $BFIT Long - Europes dominant low-cost gym operator - Trades at a trough 5.3x 26E EBITDA - France inflecting: 24/7 rollout + labor law change can add 60m EBITDA (18% above consensus) - Return to 10x multiple implies 65/share vs stock at 33/share today" [X Link](https://x.com/InvestSpecial/status/2016815647263506462) 2026-01-29T10:08Z 33.6K followers, [----] engagements "#6: $MAGN Long - Underearning #1 nonwovens/films supplier (diapers wipes medical) - Trades at deep discount to public comps & precedent deals - Orphaned post-merger stock with minimal coverage - Synergies + delever drive FCF/EBITDA recovery into [----] - $5080 FV vs $13 today" [X Link](https://x.com/InvestSpecial/status/2016815661838639324) 2026-01-29T10:08Z 33.6K followers, [----] engagements "#7: $CNI Long - CNI levered to Canada-first port shift (Prince Rupert/Vancouver) - Oct [--] US vessel fees push China-built/operated ships to discharge in Canada - Early data shows diversion already - EPS lift + unusual multiple gap to $CP narrows; FV at $127 vs $98 (30%+)" [X Link](https://x.com/InvestSpecial/status/2016815664632086963) 2026-01-29T10:08Z 33.6K followers, [----] engagements "#8: $KAI Short - KAI overearned on pulp & paper capex cycle; - End-markets now in excess capacity; capex + consumables both rolling over - Margins at peak competition rising SG&A set to re-leverage - 31x P/E on declining earnings; Target at $212/shr vs stock at $316" [X Link](https://x.com/InvestSpecial/status/2016815667509354613) 2026-01-29T10:08Z 33.6K followers, [----] engagements "$CCRN pitch by Long Cast: - Medical staffing co at trough earnings - Indiscriminately sold post merger-arb break - Deal broke on FTC delays + govt shutdown - Cheap on multiples; best B/S in industry (40% mcap net cash) - Stock $8/shr vs $18.61/shr buyout price from late 2024" [X Link](https://x.com/InvestSpecial/status/2018407887261876253) 2026-02-02T19:35Z 33.6K followers, [----] engagements "- Highly likely this offer fails as well. - Stock already looks more than fairly valued at current levels. - Plus Donerails track record with public buyout offers isnt great see the $TBCH saga as a reminder. I shared a few more thoughts on $HZO back in [----] see below" [X Link](https://x.com/InvestSpecial/status/2018653801444745678) 2026-02-03T11:52Z 33.6K followers, [----] engagements "$WALD is basically back to October levels on no real news aside from the filing of an expected share issuance prospectus. Worth a closer look the value of the Obagi business alone could be equal to the current EV effectively leaving the rest of the business for free. Quite a curious case over at $WALD. Waldencast owns several well-known makeup and medical cosmetics brands including some exposure to HA fillers. In mid-August the company announced a broad strategic alternatives process to maximize shareholder value. One or both of its https://t.co/yVVzaEpWCD Quite a curious case over at $WALD." [X Link](https://x.com/InvestSpecial/status/2018716110393381071) 2026-02-03T16:00Z 33.6K followers, [----] engagements "$BFIT pitch by Buckley Capital - Dominant EU low-cost gym operator - Trough earnings from France gyms opened during COVID - New clubs back to pre-COVID ROIC; older gyms maturing - 35m France staffing spend is temporary to enable 24/7 access - Upside 2.5x+" [X Link](https://x.com/InvestSpecial/status/2018761849282465971) 2026-02-03T19:01Z 33.6K followers, [----] engagements "@grok @UncensoredPM 😅" [X Link](https://x.com/InvestSpecial/status/2021917773832847695) 2026-02-12T12:02Z 33.6K followers, [--] engagements "GNK/Lemonis seem to have some investor support at $BARK. Shay Cap (2.6%) nominated a GNK exec to the board late last yr. Board unsurprisingly deemed it deficient; nomination pulled shortly before the GNK bid. Still doubt GNK gets anywhere but setup is getting interesting. Bidding war for $BARK seems to be progressing. The board has finally responded establishing a special committee to evaluate both bids. This could get interesting but Im still skeptical that Lemonis offer stands a real chance against insiders here. Bidding war for $BARK seems to be progressing. The board has finally responded" [X Link](https://x.com/InvestSpecial/status/2022339997915836549) 2026-02-13T16:00Z 33.6K followers, [----] engagements "Great letter from Horizon Kinetics on opportunities in the Japanese stock market especially the section on owner-operated enterprises and their historical outperformance. Also a sharp look into Japanese corporate culture. Full letter below" [X Link](https://x.com/InvestSpecial/status/1955569085254918338) 2025-08-13T09:56Z 33.6K followers, 12.7K engagements "$ECBK is another interesting thrift conversion play - Co cross 3-year IPO mark back in July making it elgible for a buyout - All execs have meaningful CiC provisions; EVP and CLO had their CiC multipliers more than 2x recently - Quality for its size and cheap on P/B" [X Link](https://x.com/InvestSpecial/status/2011373622070292918) 2026-01-14T09:43Z 33.6K followers, [----] engagements "First tender of the year is on - Standard odd-lot play. - Minimal cancellation or amendment risk. - Precedents of successful tenders by the same company over the past two years at materially higher prices" [X Link](https://x.com/InvestSpecial/status/2018353466222244167) 2026-02-02T15:59Z 33.6K followers, 11.8K engagements "$SGRP was one of my favorite small-cap shorts this year. It was essentially a merger-break bet with a bunch of red flags (worked out nicely). For more details Ill link the SSI write-up in the comments. Now SGRP is back to its pumpy ways. Heres the announcement the company put out: Investor group acquires 220k SPAR Group shares at 75% premium. The stock immediately jumped about 15% on this. Theres only one caveat: the investment was just $440k in total peanuts compared to the companys $30m market cap and YTD cash burn of $11m (six months ended). Management purposely framed the release in a way" [X Link](https://x.com/InvestSpecial/status/1961044521073938600) 2025-08-28T12:33Z 33.6K followers, [----] engagements "Any thoughts on $BHR preferreds BHR is an owner and operator of multiple luxury hotels including Ritz-Carlton Four Seasons and Hyatt properties. A few weeks ago the company announced a strategic review aimed at selling the entire business. A straight equity play looks far too uncertain given the leverage here but the preferreds look interesting. In particular $BHR.PB offers around 15% downside to pre-announcement levels and 50%+ upside if the company is sold with preferreds fully covered. The external advisor stands to receive a massive $480M termination fee so the sale is likely happening" [X Link](https://x.com/InvestSpecial/status/1975182287026184339) 2025-10-06T12:52Z 33.6K followers, 11.1K engagements "$HZO back in buyout rumors. - This time activist Donerail is allegedly offering $35/sh vs $30 today. - Donerail was also rumored to be pushing for a sale last year. - In [----] HZO was linked to a potential merger with $ONEW at $40/sh👇" [X Link](https://x.com/InvestSpecial/status/2018653797804060840) 2026-02-03T11:52Z 33.6K followers, [----] engagements "Potential sale around the corner - Co is exploring a sale - Founder/Chairman is old; stepped down after [--] yrs as CEO still the largest shareholder - Now likely seeking full retirement and a massive payday - Well-timed amid industry consolidation Upside 40% downside 1015%" [X Link](https://x.com/InvestSpecial/status/2020815967324872722) 2026-02-09T11:04Z 33.6K followers, 10.3K engagements "For more biz context there is a VIC pitch from May'25" [X Link](https://x.com/InvestSpecial/status/2021566614894686658) 2026-02-11T12:46Z 33.6K followers, [----] engagements "$HAYPP trades at just 8x EV/2028 EBITDA is already FCF positive and is committed to returning excess cash. By [----] it could generate annual cash flows approaching todays EV" [X Link](https://x.com/InvestSpecial/status/2011464043513446401) 2026-01-14T15:42Z 33.6K followers, [----] engagements "$YEXT continues to trade down with no news on a non-binding MBO - Spread at 18% the highest ever - Shareholders concerned with lengthy review process - IMO [--] months for offer review + strategic alts is rather standard - Looks interesting at levels below the pre-announcement. $YEXT setup looks interesting. Yet another MBO weve covered on SSI in recent months. The spread to the CEO/Chairmans bid is about 7% with minimal downside to pre-announcement. Decent chance of a bump or an overbid from a 3rd party. Link to the full write-up below. https://t.co/p0Q2MM2eDJ $YEXT setup looks interesting. Yet" [X Link](https://x.com/InvestSpecial/status/2013642683537903810) 2026-01-20T16:00Z 33.6K followers, 11.4K engagements "Bidding war for $BARK seems to be progressing. The board has finally responded establishing a special committee to evaluate both bids. This could get interesting but Im still skeptical that Lemonis offer stands a real chance against insiders here. Bidding war for dog products brand $BARK - Founder group (owns 30%+) offered $0.90/shr - A few days later Marcus Lemonis & GNK overbid at $1.10/shr - Stock at $0.92 so c. 20% upside to the latest bid - Thus far the board hasn't acknowledged Lemonis proposal👇 https://t.co/lEksF7UvkJ Bidding war for dog products brand $BARK - Founder group (owns" [X Link](https://x.com/InvestSpecial/status/2018805570330116504) 2026-02-03T21:55Z 33.6K followers, 11K engagements "$NRP pitch from @GreystoneCap - Royalty biz stress-tested across macro cycles - B/S strengthening; leverage within LT targets - Mgmt free to raise shareholder distributions - 20-year track record of positive FCF with ample reserves - Fair value $200250/sh vs. $118/sh today" [X Link](https://x.com/InvestSpecial/status/2019848574545301722) 2026-02-06T19:00Z 33.6K followers, [----] engagements "$BAH pitch by @UpslopeCapital - IT consulting firm for govt agencies - Most of the revenue comes from defense and intelligence - Sold off on "DOGE" cost-cutting fears de-rated from 30x to 14x PE - LT tailwinds favor BAH - Current valuation more than compensates for ST risk" [X Link](https://x.com/InvestSpecial/status/2020957603946430729) 2026-02-09T20:26Z 33.6K followers, [----] engagements "$PRTH spread widened again after the recent software sell-off. - Thesis remains intact - One of the two activists argued the Chairmans $6.00$6.15 offer is far too low - They are also calling for a full sale process - Buckley Capital sees fair value north of $10/share. We will see an improved bid for $PRTH shortly - Highly opportunistic bid by CEO (owns 58%) - Special committee review underway - Offer values PRTH well below peers - Two activists pushing back p.s. currently offering 30-day free trial to my blog so be sure to check it out. https://t.co/Tkpv55uMKn We will see an improved bid for" [X Link](https://x.com/InvestSpecial/status/2020989586529501395) 2026-02-09T22:34Z 33.6K followers, [----] engagements "Potential buyout circling around $INMD - Co confirms multiple interested parties incl. CEO/founder - Steel Partners bid at $18/sh for 51% stake - CEO open to taking co private; no formal offer yet - Rumored $17/sh bid vs $15.12 stock👇" [X Link](https://x.com/InvestSpecial/status/2021183241198198809) 2026-02-10T11:23Z 33.6K followers, [----] engagements "- Opco itself looks pretty bad - Sales are declining with no clear signs of stabilization - Key patent expires next year - Though biz still throws off a lot of cash (Steels bid implies 6x FCF) and sits on a large net cash balance (50% of market cap)" [X Link](https://x.com/InvestSpecial/status/2021183244440355275) 2026-02-10T11:23Z 33.6K followers, [----] engagements "- My main concern is Steels bid for just 51% not the full co. - It seems they want the control to pay out most of the cash and milk remaining CFs with limited risk. - If others think similarly upside from current levels may be limited" [X Link](https://x.com/InvestSpecial/status/2021183246470463996) 2026-02-10T11:23Z 33.6K followers, [----] engagements "As the $BHR strategic review continues shareholders oppose the egregious $480m advisor termination fee. Brancous says it must be cut below $150m arguing shares trade 30% of NAV largely due to the framework. If activists win theres major upside even in the common equity. Any thoughts on $BHR preferreds BHR is an owner and operator of multiple luxury hotels including Ritz-Carlton Four Seasons and Hyatt properties. A few weeks ago the company announced a strategic review aimed at selling the entire business. A straight equity play looks Any thoughts on $BHR preferreds BHR is an owner and" [X Link](https://x.com/InvestSpecial/status/2021252829428711618) 2026-02-10T16:00Z 33.6K followers, [----] engagements "Have not looked into $SGRP since the summer pump. As expected SGRP continued to drift down well below pre-announcement levels. Shares are down 30%. Cash burn continues and the board has made re-election harder in the meantime. Future is bleak probs goes to zero. $SGRP was one of my favorite small-cap shorts this year. It was essentially a merger-break bet with a bunch of red flags (worked out nicely). For more details Ill link the SSI write-up in the comments. Now SGRP is back to its pumpy ways. Heres the announcement the company $SGRP was one of my favorite small-cap shorts this year. It was" [X Link](https://x.com/InvestSpecial/status/2021298120236441852) 2026-02-10T19:00Z 33.6K followers, [----] engagements "$MYE is up 40% since August with no major news just modest earnings beats each quarter. The only update was confirmation that the tire supply business sale process has begun. If sold I think theres still upside with several additional levers to pull (see pitch below). Interesting SOTP value-unlock play with Gamco as the leading activist at $MYE Myers Industries produces plastic and rubber products for industrial applications whether for storage or other material handling processes. The company is currently exploring a sale of its low-margin Interesting SOTP value-unlock play with Gamco as the" [X Link](https://x.com/InvestSpecial/status/2021328326569209966) 2026-02-10T21:00Z 33.6K followers, [----] engagements "$IHS privatization is around the corner - Cell tower owner/operator in Africa & Brazil - Rumored buyout from MTN Group confirmed - Buyer is the largest shareholder and the customer - Trades 6x 2025E EBITDA - Recent asset sales at 814x EBITDA - 20%+ upside looks feasible" [X Link](https://x.com/InvestSpecial/status/2021566251491827914) 2026-02-11T12:45Z 33.6K followers, [----] engagements "$ITGR pitched by 13D Activist Fund - Only pure-play publicly traded medical device CDMO - High-quality biz sold off on temporary demand issues likely to normalize by [----] - Trades at 10x EBITDA well below precedent transactions - Activist Irenic Capital pushing for a sale" [X Link](https://x.com/InvestSpecial/status/2021660513370091783) 2026-02-11T19:00Z 33.6K followers, [----] engagements "Just stellar performance from Alluvial Capital (@alluvialcapital) both historically and this year. One of the best funds to follow for idea generation by far" [X Link](https://x.com/InvestSpecial/status/2021912414821003517) 2026-02-12T11:40Z 33.6K followers, 30.6K engagements "Yet another potential multibagger from Alluvial Capital - Post-bankruptcy energy engineering & construction biz $MCDIF - Beaten down and illiquid - Working on debt refinancing + resumption of SEC reporting - Uplisting to a major exchange next - Upside to $60 vs mid-$20s stock" [X Link](https://x.com/InvestSpecial/status/2021977599191527703) 2026-02-12T16:00Z 33.6K followers, 15K engagements "Some flower money odd-lot tender on $YEXT - Offer range is $5.75$6.50/sh; stock at $5.34 - Upside $40$115 on an odd-lot position - Likely gets priced at the low end - Mgmt not tendering; 10% investor is considering - Passive funds own 19% (they will tender) - Expires Mar 12" [X Link](https://x.com/InvestSpecial/status/2022248129182183636) 2026-02-13T09:55Z 33.6K followers, [----] engagements "Asset sale followed by a large capital return - Projected cash distributions from the segment sale amount to 80% of the market cap. - RemainCo appears very cheap at just 2.3x normalized EBITDA. - At a norm. 7x multiple upside is 60%. Link in bio" [X Link](https://x.com/InvestSpecial/status/2022385283858083922) 2026-02-13T19:00Z 33.6K followers, [----] engagements "10/ Bulldog Investors Niche activist fund focused on closed-end vehicles trading at discounts to NAV. Their playbook is simple: build a 5%+ stake file a 13D and push for liquidity events usually self-tenders near NAV to force a discount collapse and exit at intrinsic value" [X Link](https://x.com/InvestSpecial/status/1991589243526033584) 2025-11-20T19:27Z 32.8K followers, [---] engagements "Recent case is at $CMU Bulldog built a 12% stake and entered a standstill through [----]. In return for staying passive and avoiding a proxy fight management agreed to a tender offer near NAV. Currently shares trade at a 40% discount" [X Link](https://x.com/InvestSpecial/status/1991589246604570907) 2025-11-20T19:27Z 32.8K followers, [----] engagements "Bidding war back on at $WJL.AX - Few days ago $HALO (17%) bid 90c - Today BGH (18%) countered at 91c - After months of turmoil (activists questionable M&A CEO allegations earnings miss) a sale now looks likely - I just dont see either bidder going much higher from here. $WJL.AX situation continues to perplex. Sale thesis seems to be off the table with the recent major buyback announcement (25% of excess cash) and the $17m travel services business acquisition. Yet both activists continue to buy up shares. Recently Weiss and the BGH consortium $WJL.AX situation continues to perplex. Sale thesis" [X Link](https://x.com/InvestSpecial/status/1991835679370932684) 2025-11-21T11:46Z 33K followers, [----] engagements "Full letter: https://www.dropbox.com/scl/fi/vz0k279wf7bfugn387770/Qlet2025-03.pdfrlkey=knj1wtfup8no8eblr0xxqijjo&e=3&st=requ8lu7&dl=0 https://www.dropbox.com/scl/fi/vz0k279wf7bfugn387770/Qlet2025-03.pdfrlkey=knj1wtfup8no8eblr0xxqijjo&e=3&st=requ8lu7&dl=0" [X Link](https://x.com/InvestSpecial/status/1991939280172908946) 2025-11-21T18:38Z 31.5K followers, [----] engagements "$WALD kept ripping this week now up 60%+ since my original post and well above my conservative 40% upside target. Feels like the right time to take some chips off the table. Still like the setup but execution risk around the strategic review remains. $WALD is ripping after this news hit postmarket open. The stock is now up 23% since the post with most of that move happening in the last few hours. Theres still about 20% upside to my estimate but as noted that now looks conservative. $WALD is ripping after this news hit postmarket open. The stock is now up 23% since the post with most of that" [X Link](https://x.com/InvestSpecial/status/1992164881253245061) 2025-11-22T09:34Z 32.7K followers, [----] engagements "Special committee rejected Zage and LUs offer for $GRND due to financing concerns. Looks bad. They were selling stock while shares ran on MBO expectations. Hard to see the non-binding excuse saving them. Maybe they clear it legally but reputationally the damage is done" [X Link](https://x.com/InvestSpecial/status/1993297711077175539) 2025-11-25T12:36Z 32K followers, [----] engagements "They were selling after and most likely it was a forced sale so legally theyre probably fine. But announcing a buyout without solid financing is highly irresponsible in the current context. Thats why Im emphasizing reputational damage here. This looked like clear manipulation" [X Link](https://x.com/InvestSpecial/status/1993301830692909496) 2025-11-25T12:52Z 31.5K followers, [---] engagements "Pitch on $BILL from 13D Activist Fund - SMB financial-ops platform now 3x P/S vs 60x peak - Transitioning from hyper to sustainable growth - Activists Starboard and Elliott pushing margin improvement + Rule of [--] - Depressed valuation with takeout optionality (rumored)" [X Link](https://x.com/InvestSpecial/status/1993401243201573175) 2025-11-25T19:27Z 32.8K followers, [----] engagements "Full letter: https://www.dropbox.com/scl/fi/sl2wzrxxv3qnwzxibuap8/13D-Activist-Fund-Investor-Letter-Q3-2025.pdfrlkey=da3j9znfqa1zf6sqcde3fnr9x&e=3&st=6m4aq21h&dl=0 https://www.dropbox.com/scl/fi/sl2wzrxxv3qnwzxibuap8/13D-Activist-Fund-Investor-Letter-Q3-2025.pdfrlkey=da3j9znfqa1zf6sqcde3fnr9x&e=3&st=6m4aq21h&dl=0" [X Link](https://x.com/InvestSpecial/status/1993401359929049171) 2025-11-25T19:28Z 32.5K followers, [----] engagements "Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇" [X Link](https://x.com/InvestSpecial/status/1993618539656499217) 2025-11-26T09:51Z 32.9K followers, 27.9K engagements "1/ $KORE is 72m mcap company that provides global connectivity services to industrial companies. Its key products are SIM cards used in GPS trackers medical devices security sensors and other devices through which KORE sells connectivity plans" [X Link](https://x.com/InvestSpecial/status/1993618543372558611) 2025-11-26T09:51Z 31.5K followers, [---] engagements "2/ On Nov [--] $KORE received a non-binding $5/share takeover bid from major holders Searchlight Capital and Abry Partners. Searchlight also owns KORE preferreds. Management acknowledged the bid and confirmed a special committee is already reviewing it" [X Link](https://x.com/InvestSpecial/status/1993618547315208328) 2025-11-26T09:51Z 31.5K followers, [---] engagements "3/ Buyers are ready to move quickly with minimal diligence given their familiarity with $KORE. Searchlight has been involved since [----] through preferred equity and warrants while Abry has been a stakeholder since 2014" [X Link](https://x.com/InvestSpecial/status/1993618550377123874) 2025-11-26T09:51Z 31.5K followers, [---] engagements "4/ Searchlight has been circling $KORE deal for some time. In Dec [----] Searchlights 13D signaled it was considering a bid. By Aug [----] an amended filing showed Searchlight and Abry were formally exploring an acquisition" [X Link](https://x.com/InvestSpecial/status/1993618552893682127) 2025-11-26T09:51Z 31.5K followers, [---] engagements "5/ Searchlight is a credible bidder: an $18bn AUM PE firm with a strong telecom track record including CNSL Ziply Mitel and more. It also has a solid history of successful privatization deals and is leading the process here. Abry its partner is a $5.4bn mid-market PE firm" [X Link](https://x.com/InvestSpecial/status/1993618555250880779) 2025-11-26T09:51Z 31.8K followers, [---] engagements "7/ The bid values KORE at 8.7x TTM EBITDA and 8.0x 2025E. Most direct comps are private while public telecom giants arent relevant. The offer sits above KOREs historical 6.3x7.7x range (ex-2021 spike). With flat revenue and EBITDA in recent years the valuation looks fair" [X Link](https://x.com/InvestSpecial/status/1993618560682426577) 2025-11-26T09:51Z 31.5K followers, [----] engagements "8/ The key issue is uncertainty around the true downside. Shares are still 15% above pre-announcement levels and the bid is a 300%+ premium to Dec'24 Searchlight 13D levels. If the deal falls apart the stock could drop sharply the downside may be larger than it appears" [X Link](https://x.com/InvestSpecial/status/1993618563190685937) 2025-11-26T09:51Z 31.5K followers, [----] engagements "Couldnt agree more. @gatorcapital has one of the most impressive track records out there. True specialists with discipline. Compounding 20%+ annually for decades is no joke. Importantly their letters are always packed with ideas worth exploring for the rest of us. There arent many funds in the world better than @gatorcapital. Full stop. Theyve beaten every major index and compounded 20%+ annually since July [----] and they did it not by running a NASDAQ proxy but by buying mostly banks and insurance and doing old-school bottom-up https://t.co/A8TqGMIiMs There arent many funds in the world" [X Link](https://x.com/InvestSpecial/status/1993635217513291992) 2025-11-26T10:57Z 32.6K followers, 37.9K engagements "Alluvial Capitals largest position: $ZEG.L - Leveraged telecom turnaround. - Trades at 6x FCF while selling infrastructure assets at 12x+. - Multiple divestitures already completed significantly de-risking the balance sheet. - Further asset sales expected" [X Link](https://x.com/InvestSpecial/status/1994127676261716332) 2025-11-27T19:34Z 32.4K followers, 15.7K engagements "Im spending the weekend sifting through Q3 [----] investor letters. Cut the macro fluff kept the good stuff. Ended up with [--] high conviction ideas. A few of these look like multibaggers. Lets dive in 🧵" [X Link](https://x.com/InvestSpecial/status/1994744462409335154) 2025-11-29T12:25Z 32.6K followers, 121.2K engagements "1/ $UCTT pitch by Rewey Beaten-down but strategically critical supplier to $LRCX and $AMAT positioned at the front end of a semiconductor capex recovery. Shares trade near cycle lows while key customers sit near all-time highs with early signs of capex turning positive" [X Link](https://x.com/InvestSpecial/status/1994744465949396998) 2025-11-29T12:25Z 32.5K followers, 11.1K engagements "UCTTs cyclical recovery potential still isnt priced in. The company is cutting costs reducing interest expense and operating under new leadership (AMAT veteran). Asymmetric exposure to the cycle turn and long-term semi growth with 80% upside" [X Link](https://x.com/InvestSpecial/status/1994744468269158585) 2025-11-29T12:25Z 32.8K followers, 11.2K engagements "While its far from ideal to have a commodity hedge fund sitting inside a steady manufacturing business the trading has been surprisingly successful. Cash and the commodity portfolio now total C$330m vs. a C$370m market cap" [X Link](https://x.com/InvestSpecial/status/1994744478708764944) 2025-11-29T12:25Z 32.6K followers, 10.2K engagements "Clear parallels to $APGs margin-inflection story in a regulated market. APG became a 5-bagger and TIC looks positioned on a similar trajectory. The recent acquisition adds scale synergies and cross-sell potential. Trades at a teens norm. [----] FCF yield" [X Link](https://x.com/InvestSpecial/status/1994744486740857216) 2025-11-29T12:25Z 32.9K followers, [----] engagements "4/ $FFBC pitch by @gatorcapital Well-run regional bank trading too cheap. Strong credit culture and a plain-vanilla loan book complemented by solid fee income support consistently high returns. Led by a CEO who has previously sold a bank. Sale could be on the table here too" [X Link](https://x.com/InvestSpecial/status/1994744489395851661) 2025-11-29T12:25Z 32.8K followers, [----] engagements "Based on the current pipeline new capacity could ramp to 45K units annually $300M revenue and 30% adj. EBITDA. Valuing the company at 20x mid-term EBITDA in line with precedent deals in the space suggests potential 6x upside" [X Link](https://x.com/InvestSpecial/status/1994744496555528541) 2025-11-29T12:25Z 32.7K followers, [----] engagements "6/ $NBR pitch by @MillerValue Valued like a declining oilfield services driller but rapidly evolving into a tech-enabled automation and digital drilling platform. Recent acquisition doubles its high-margin tech segment adds synergies and accelerates FCF and deleveraging" [X Link](https://x.com/InvestSpecial/status/1994744499449258415) 2025-11-29T12:25Z 32.7K followers, [----] engagements "Yet the stock trades at under 1x fwd FCF. With long-term EBITDA potential near $1.5B over $1B in possible debt paydown and a normalized FCF yield above 50% the disconnect is extreme. If even part of the story is recognized the upside could be massive" [X Link](https://x.com/InvestSpecial/status/1994744501705785844) 2025-11-29T12:25Z 32.5K followers, [----] engagements "7/ $NURS.V pitch from @DeepSailCapital Hydreight is building the rails for mobile and DTC healthcare essentially Uber for nurses meets Shopify for telehealth. Revenue has exploded from $3M in [----] to a projected $100M+ run-rate as its VSDHOne platform scales rapidly" [X Link](https://x.com/InvestSpecial/status/1994744504109470039) 2025-11-29T12:25Z 32.5K followers, [----] engagements "9/ Pitch on $ODFL by Pelican Bay Undisputed leader in the LTL freight market with durable competitive advantages. Delivers 20% EBIT margins 20% ROIC and holds a net-cash balance sheet demonstrating real pricing power in a notoriously cyclical industry" [X Link](https://x.com/InvestSpecial/status/1994744514590695486) 2025-11-29T12:25Z 32.7K followers, [----] engagements "Ability to invest through the cycle thanks to pricing power keeps rivals at bay. Two years into a tough freight recession peers are struggling to generate enough profit to fund required capex. Intrinsic value sits around $132$200/share offering an entry near the low end" [X Link](https://x.com/InvestSpecial/status/1994744516952428879) 2025-11-29T12:25Z 32.5K followers, [----] engagements "10/ $BEZ.SI pitch from @Fairlight_Cap One of the most notable turnarounds in Singapore small caps. Since [----] BEZ has shifted from a capital-heavy debt-laden shipyard to a growing asset-light marine services biz with recurring FPSO maintenance revenue and a net cash B/S" [X Link](https://x.com/InvestSpecial/status/1994744519477399886) 2025-11-29T12:25Z 32.5K followers, [----] engagements "Despite the transformation the market still misprices BEZ. An asset-light business with a durable niche shouldnt trade at a mid-single-digit multiple. The market remains anchored to its past. Fair value is at least 2x as execution continues and cash is deployed" [X Link](https://x.com/InvestSpecial/status/1994744522488910260) 2025-11-29T12:25Z 32.5K followers, [----] engagements "5/ charlie479 (Mohnish Pabrai) active [------] (6 wins in [--] pitches highest hit rate). Winning pitch (Feb 09): Telemig Celular Brazil wireless operator at just 2.9x EBITDA. Thesis: controlling shareholder Vivo kept increasing ownership; clear synergies + takeout target" [X Link](https://x.com/InvestSpecial/status/1995092551859417137) 2025-11-30T11:28Z 31.9K followers, [---] engagements "6/ will579 active [------] (6 wins). Winning pitch (Apr 10): short Eastman Kodak. Stock was up 100% YTD but the turnaround was just one-time IP licensing from Samsung/LG masking a collapsing cash-burning core. Core EBITDA zero patent tail fading. Filed Ch.11 in 2y" [X Link](https://x.com/InvestSpecial/status/1995092555567120442) 2025-11-30T11:28Z 31.9K followers, [--] engagements "Just finished the new Goehring & Rozencwajg letter worth the time. Im not an energy or commodities guy but if you want a sense of where the market might be heading their letters are must-reads even if you disagree. Link below👇" [X Link](https://x.com/InvestSpecial/status/1995102738619699511) 2025-11-30T12:08Z 32.6K followers, 51.6K engagements "The ultimate [----] Outlook reading list.📚 Ive aggregated the full year-ahead reports from the [--] largest investment banks. Enjoy 👇 1) Goldman Sachs: 2) J.P. Morgan: 3) HSBC: 4) Wells Fargo: 5) Barclays: 6) BNP Paribas: 7) Invesco: 8) LaSalle: 9) T. Rowe Price: 10) Allianz: 11) S&P Global: 12) BlackRock: 13) Deloitte: 14) ING: 15) LaSalle: https://www.lasalle.com/wp-content/uploads/2025/11/ISA_Outlook_2026_Europe_chapter.pdf https://think.ing.com/uploads/reports/FX_Outlook_2026_Nov_2025.pdf" [X Link](https://x.com/InvestSpecial/status/1995431679553339553) 2025-12-01T09:56Z 32.1K followers, [--] engagements "The ultimate [----] Outlook reading list.📚 Ive aggregated the full year-ahead reports from the [--] largest investment banks. Enjoy. 👇 1) Goldman Sachs: 2) J.P. Morgan: 3) HSBC: 4) Wells Fargo: 5) Barclays: 6) BNP Paribas: 7) Invesco: 8) LaSalle: 9) T. Rowe Price: 10) Allianz: 11) S&P Global: 12) BlackRock: 13) Deloitte: 14) ING: 15) LaSalle: https://www.lasalle.com/wp-content/uploads/2025/11/ISA_Outlook_2026_Europe_chapter.pdf https://think.ing.com/uploads/reports/FX_Outlook_2026_Nov_2025.pdf" [X Link](https://x.com/InvestSpecial/status/1995433047823405322) 2025-12-01T10:01Z 32.6K followers, 126K engagements "Spread on $FONR privatization is way too wide. - Highly asymmetric setup - 23% spread with limited downside - Controlling family has no reason to keep it public - Def. agreement is likely soon p.s. currently offering 30-day free trial to my blog so be sure to check it out" [X Link](https://x.com/InvestSpecial/status/1995571422618681736) 2025-12-01T19:11Z 32.7K followers, [----] engagements "2/ aviclara181 (active 2007-present) - [--] wins - Member with one of the highest average ratings per pitch - Long/short value investor mostly focused on mid-cap equities - My favourite pitch: $TEVA 3x'ed in less than two years" [X Link](https://x.com/InvestSpecial/status/1995803854135345512) 2025-12-02T10:34Z 32.6K followers, [----] engagements "3/ todd1123 (active 2008-present) - [--] wins - Majority of pitches are fixed-income security trades - Equity ideas are mostly focused on cyclical turnarounds - My favourite pitch: $CLMT +200% since (and hes back in)" [X Link](https://x.com/InvestSpecial/status/1995803856739979536) 2025-12-02T10:34Z 32.6K followers, [----] engagements "4/ rii136 (active 2007-present) - [--] wins - Member with the highest number of wins in VIC history - Special situations / event-driven value investor - My favourite pitch: $SHLX eventually acquired returned 50%+ within a year" [X Link](https://x.com/InvestSpecial/status/1995803859306848678) 2025-12-02T10:34Z 32.5K followers, [----] engagements "5/ Ray Palmer (active 2013-present) - [--] wins - Top [--] by number of wins over the last decade - Special situations / event-driven investor focused on mid caps - Favourite pitch: Twitter merger arb returned 35% in five months" [X Link](https://x.com/InvestSpecial/status/1995803861878014226) 2025-12-02T10:34Z 32.6K followers, [----] engagements "6/ will579 (active 2001-2014) - [--] wins - Retail-focused long/short equity investor - Long ideas skewed toward deep value - My favourite pitch: Eastman Kodak 100% return on the short; filed Chapter [--] less than two years" [X Link](https://x.com/InvestSpecial/status/1995803864436527594) 2025-12-02T10:34Z 32.6K followers, [----] engagements "7/ miser861 (active 2003-present) - [--] wins - One of the longest-tenured VIC members still active today - Global large-cap value ideas - My favourite pitch: $WFC returned 100% in one year" [X Link](https://x.com/InvestSpecial/status/1995803866944688321) 2025-12-02T10:34Z 32.6K followers, [----] engagements "8/ issambres839 (active 2003-present) - [--] wins - One of the longest-active members on VIC and tied for first in total wins - Focused on obscure beaten-down companies and industries (cannabis MLPs etc.) - My favourite pitch: PNWIF acquired by Staples in 2014" [X Link](https://x.com/InvestSpecial/status/1995803869465473214) 2025-12-02T10:34Z 32.6K followers, [----] engagements "9/ sandman898 (active 2004-2014) - [--] wins - Value-focused investor mostly in large caps - My favourite pitch: $FIS particularly love the line Shares have recently fallen out of favor due to misunderstood exposure to mortgages written right before the GFC" [X Link](https://x.com/InvestSpecial/status/1995803872082690442) 2025-12-02T10:34Z 32.6K followers, [----] engagements "Merger arb with mispriced risk - 18% spread - Backed by holders controlling 37% of shares - Shareholder approval looks highly likely - No regulatory or antitrust overhang - Setup points to a clean Q1 [--] close Subscribe to SSI for full access" [X Link](https://x.com/InvestSpecial/status/1995885482513944967) 2025-12-02T15:59Z 32.6K followers, [----] engagements "21. @gatorcapital (Value) [--]. @InvestorPilk (Value) [--]. @Fairlight_Cap (Value + Special sits) [--]. @vdmandele (Value) [--]. @_Tourlite (Value + Special sits) [--]. @DeepSailCapital (Value) [--]. @JamesHollier24 (Value) [--]. @Headwaters_Cap (Value) [--]. @SagaPartners (Value) [--]. @WhiteBrookCap (Value) [--]. @TMR_Capital (Value + SSI) [--]. @Bonhoeffer_KDS (Value + SSI) [--]. @HaydenCapital (Value) [--]. @dsmoak98 (Value) [--]. @Whit_Huguley (Value) [--]. @OSA_Rochester (Value) [--]. @saltlightfunds (Value + SSI) [--]. @buckleycapital (Value) [--]. @AltaFoxCapital (Value + SSI) [--]. @Dan_Roller (Value + SSI)" [X Link](https://x.com/InvestSpecial/status/1996157513205473495) 2025-12-03T10:00Z 32.5K followers, [----] engagements "41. @AboveAvgOdds (Value + SSI) [--]. @Choice_Equities (Value + SSI) [--]. @GWInvestors (Value + SSI) [--]. @massifcap (Value + SSI) [--]. @BrownAdvisory (Value) [--]. @davidein (Value) [--]. @HalvioCapital (Value) [--]. @MillerValue (Value) [--]. @kingdomcapadv (Value + Special Sits) [--]. @RJInvMgmt (Value) [--]. @BobRobotti (Value) [--]. @TAMIM_A_M (Value) [--]. @horosfunds (Value) [--]. @CrossroadsOnX (Value) [--]. @davidhpolansky from Immersion (Value) [--]. @HorizonKinetics (Value) [--]. @MattPetersonCFA (Value) [--]. 13D Activist Fund (Special Sits) [--]. Emeth Value (Value) [--]. Rewey Asset Management (Value) [--]. L1" [X Link](https://x.com/InvestSpecial/status/1996157516057546996) 2025-12-03T10:00Z 32.5K followers, [----] engagements "@thefartingchimp @AboveAvgOdds @Choice_Equities @GWInvestors @massifcap @BrownAdvisory @davidein @HalvioCapital @MillerValue @kingdomcapadv @alluvialcapital This is not a list of Twitter accounts to follow. Its a list of funds with active letters which Alluvial does provide. You can still go to his Twitter handle and find links to the website with all the letters thats the point of tagging him" [X Link](https://x.com/InvestSpecial/status/1996217003560874023) 2025-12-03T13:56Z 32.5K followers, [---] engagements "My favorite M&A deals. A detailed list of the top [--] underfollowed arb setups with expected overbids and wide spreads. Full research and pitches are available on SSI. P.S. The free trial for my blog expires tonight so be sure to check it out" [X Link](https://x.com/InvestSpecial/status/1996293360538321315) 2025-12-03T19:00Z 32.6K followers, 13.3K engagements "I was clearly too conservative on $SCHL RE. - [--] property sales w/ $400m net proceeds vs my $200250m est. - Stock +30% since July yet no reaction to the sale announcement perhaps due to pricey leasebacks. - Even so looks cheap at 2.5x lease-adj. [--] EBITDA. Any thoughts Hidden RE play over at $SCHL Prominent publisher and distributor of children's books is looking to monetize its prime NYC real estate assets. The sale of excess capacity at its HQs + retail space could fetch $200250m. Operations at 4x EV/EBITDA with zero net debt. 👇 Hidden RE play over at $SCHL Prominent publisher and" [X Link](https://x.com/InvestSpecial/status/1996973589774606557) 2025-12-05T16:03Z 32.6K followers, 12.8K engagements "Timely merger arb w/ closing expected shortly. - Despite the recent sell-off on soft quarterly results the deal likely proceeds. - Buyer knew the issues yet still signed the def. agreement owns 40% and is fully committed to the turnaround. - The spread is way too wide" [X Link](https://x.com/InvestSpecial/status/1997018136298545223) 2025-12-05T19:00Z 32.6K followers, [----] engagements "$DND.TO is ripping up 30% since the end of Nov Co just settled with Onemove run by the former CEOs brother reinforcing the thesis that the board is a willing seller. As reminder Former CEO rumored to be pursuing a $5.72/shr buyout. IMO the easy money is already made. $DND.TO was one of the best VIC shorts recently. Deep DD author even got a cease-and-desist😅 Stock is down 82% since. Now former CEO Matthew Proud (ousted by activists) is trying to buy it back rumored $5.72/share vs $3 today. Approach confirmed price undisclosed👇 https://t.co/xaTMaNJYlt $DND.TO was one of the best VIC shorts" [X Link](https://x.com/InvestSpecial/status/1998331285165764808) 2025-12-09T09:58Z 32.6K followers, [----] engagements "$SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier on no news and now despite shareholder approval it is still sitting at roughly 5%. Curious setup indeed" [X Link](https://x.com/InvestSpecial/status/1998789590052909475) 2025-12-10T16:19Z 32.6K followers, 17.5K engagements "One of the best VIC shorts Ive read recently. $SMR is a major small modular reactor name first mover in the space. Truly impressive work by StockOperator. Essentially calling it promotional or even fraudulent. Stock is down 50% since the pitch more to go👇" [X Link](https://x.com/InvestSpecial/status/1998830099647357388) 2025-12-10T19:00Z 32.7K followers, 12K engagements "Someone is loading up on $KORE. The stock is up 11% on elevated volume since yesterday and the spread has tightened to 9%. Downside remains uncertain but the probability of this deal closing looks solid. Sub 5% spread is probably the level to take profits. Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇 https://t.co/odRUUbxEeR Yet another small-cap privatization with a 20%+" [X Link](https://x.com/InvestSpecial/status/1999055935067824211) 2025-12-11T09:57Z 32.9K followers, [----] engagements "Great pitch by Hayden Capital on 215A.T - Japans dominant spot-work platform with 7080% mkt share - Unmatched fill rates along with winner-take-most flywheel - Asset-light scaling fast margins heading toward 3040% - Credible 3x+ multiyear upside👇" [X Link](https://x.com/InvestSpecial/status/1999173273049870618) 2025-12-11T17:43Z 32.7K followers, 10.5K engagements "Happy to see such a quick outcome. $SOL spread fully closed. Taking chips off the table and moving on. Clean 12% profit in under a week. $SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier on no news and now despite shareholder approval it is still sitting at roughly 5%. Curious setup indeed. https://t.co/lCUZ8V4ynO $SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier" [X Link](https://x.com/InvestSpecial/status/1999433135210250510) 2025-12-12T10:56Z 32.6K followers, 11.5K engagements "Great pitch on $RLGT from @1MainCapital - Underfollowed non-asset 3PL trading at 5x norm. EBITDA - Founder-CEO with real skin in the game (owns 22%) and a strong capital allocation track record - Playing offense via M&A positioning for the cycle turn as a larger company" [X Link](https://x.com/InvestSpecial/status/1999509550555394521) 2025-12-12T16:00Z 32.8K followers, [----] engagements "13D Activist Fund pitch on $WK - High quality SaaS with near monopoly economics in SEC filing software - Bloated SG&A and founder controlled dual class structure suppress margins and valuation - Irenic Capital pushing for governance changes or a potential sale - 4060% upside" [X Link](https://x.com/InvestSpecial/status/2001004401604116593) 2025-12-16T19:00Z 32.7K followers, [----] engagements "Another low-risk odd-lot arb in the bag. $TTSH played out exactly as expected netting $720 per odd-lot account. Holders of fewer than [----] shares will be cashed out at $6.60/share" [X Link](https://x.com/InvestSpecial/status/2001237391898763372) 2025-12-17T10:25Z 32.9K followers, 10.1K engagements "Privatization of looks likely - HK luxury retailer at 30% discount to net cash - Founder nearly took it private at HK$7.20 failed by a razor-thin margin - Likely rebid with a higher offer by Jul [--] - Up 10% since write-up still 20%+ upside remains http://0113.HK http://0113.HK" [X Link](https://x.com/InvestSpecial/status/2001321492303204555) 2025-12-17T16:00Z 32.7K followers, [----] engagements "$BNXA.V up +15% on a strong takeover update - Key UK & Dutch regulators approved - US approvals in [--] of [--] states; last one expected soon (waivable) - Effective date set for Jan [--] 2026; outside date Jan [--] - c. 4% spread left deal largely de-risked. This was a wild ride. $BNXA.V merger looks interesting. All-cash buyout at C$1.55/shr with the spread at 27%. Shareholder approval has already been granted. Key hurdle: obtaining multiple licensing and regulatory approvals. Keep in mind: messy backstory + governance baggage explain the discount.👇 $BNXA.V merger looks interesting. All-cash buyout" [X Link](https://x.com/InvestSpecial/status/2001655080823709964) 2025-12-18T14:05Z 32.6K followers, [----] engagements "Some interesting moves at $LEE Hoffman backstopped a $50m private placement at $3.25/share and becomes board chair. Long-time CEO forced into retirement. Interest on debt cut from 9% to 5% ($90m in total savings over [--] years). Looks interesting with Hoffman in charge. Hoffman is back with yet another letter to $LEE's board mostly focused on governance and strategic changes. Also they continue to insist on the removal of the poison pill and reiterate their willingness to infuse capital (see thread below). I guess he still wants to take Hoffman is back with yet another letter to $LEE's board" [X Link](https://x.com/InvestSpecial/status/2008139241411276965) 2026-01-05T11:31Z 32.7K followers, [----] engagements "Time to take chips off the table on $KORE. The spread has narrowed to 5% from 20%+ with no meaningful updates in recent weeks. Given this is still a non-binding bid r/r here is no longer attractive. Though the spread could easily widen so stay alert. Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇 https://t.co/odRUUbxEeR Yet another small-cap privatization with a 20%+ spread." [X Link](https://x.com/InvestSpecial/status/2008577048114032811) 2026-01-06T16:31Z 32.9K followers, [----] engagements "Pitch on mission-critical Japanese co 7734.T by Baumann Capital - Industrial safety biz with dominant mkt share in gas detection for semiconductor fabs - Regulation-driven recurring revenue with significant switching costs - Multi-year compounding tailwinds from AI capex boom" [X Link](https://x.com/InvestSpecial/status/2008931217681318180) 2026-01-07T15:58Z 32.8K followers, [----] engagements "$SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing the two share classes very differently - Preferreds trade at a 10%+ spread while commons trade at less than 5% - Bet on the preferred stock looks highly attractive" [X Link](https://x.com/InvestSpecial/status/2008983634372645173) 2026-01-07T19:26Z 32.8K followers, [----] engagements "$MODG's Topgolf sale is finalized - Valuation came in slightly above rumors and the deal covers 60% of the equity. - Net proceeds totaled $800m. - Co also repaid $1bn in debt and authorized a $200m buyback. - Shares are up 20% since rumors levels (better than I expected). WSJ reports $MODG may have a buyer for Topgolf Leonard Green rumored at $1B Assuming thats equity value otherwise a big disappointment RemainCo at 10x EBITDA (seems fair) Not seeing much upside. Any thoughts https://t.co/29ThkAOKA2 WSJ reports $MODG may have a buyer for Topgolf Leonard Green rumored at $1B Assuming thats" [X Link](https://x.com/InvestSpecial/status/2009294027611648341) 2026-01-08T16:00Z 33K followers, [----] engagements "$VMC.AX played out exactly as expected. QGold bumped its bid from A$0.17 to A$0.21/share. With no rival bidder in sight the higher-offer thesis is effectively closed out. Smaller bump than hoped but still 10% above write-up levels in just [--] weeks" [X Link](https://x.com/InvestSpecial/status/2009556506434572564) 2026-01-09T09:23Z 32.8K followers, [----] engagements "Another merger moving in the right direction this year. Shareholder approval at the $FO.V subsidiary level has been secured satisfying one of the key closing conditions. The spread has narrowed to under 5% from 30% at the time of the pitch. Closing reaffirmed for Q126" [X Link](https://x.com/InvestSpecial/status/2010731598908690772) 2026-01-12T15:12Z 32.9K followers, [----] engagements "$DOM.L pitch by Palm Valley Capital - Undisputed leader in UK pizza delivery with 54% mkt share - Continues to gain mkt share even as industry volumes decline - Top-line slowdown largely cyclical - Trades at record low 9x EPS w/ 6% divi yield despite stable fundamentals" [X Link](https://x.com/InvestSpecial/status/2010789288863310293) 2026-01-12T19:01Z 32.9K followers, 12.2K engagements "St. James Investment Company just released another great essay. Sharp take on todays markets and the growing risks of passive investing. One of the best year-end letters out thus far👇" [X Link](https://x.com/InvestSpecial/status/2011134550311891223) 2026-01-13T17:53Z 32.8K followers, [----] engagements "@GuyImpatient @Hedgeye I am involved here as well. Looks interesting for sure" [X Link](https://x.com/InvestSpecial/status/2011135059542360099) 2026-01-13T17:55Z 32.9K followers, [---] engagements "Based on the current pipeline new capacity could ramp to 45K units annually $300M revenue and 30% adj. EBITDA. Valuing the company at 20x mid-term EBITDA in line with precedent deals in the space suggests potential 6x upside" [X Link](https://x.com/InvestSpecial/status/2011464056264151301) 2026-01-14T15:42Z 32.8K followers, [----] engagements "6/ $MCCK pitch by @HalvioCapital Deeply undervalued industrial HVAC and metal-forming biz. Core operations are stable profitable and recession-tested. The key caveat: the CEO (75% owner) has been using company cash to trade commodities creating noise in the financials" [X Link](https://x.com/InvestSpecial/status/2011464058801713596) 2026-01-14T15:42Z 33K followers, [----] engagements "While its far from ideal to have a commodity hedge fund sitting inside a steady manufacturing business the trading has been surprisingly successful. Cash and the commodity portfolio now total $300m vs. a $420m market cap" [X Link](https://x.com/InvestSpecial/status/2011464061410595187) 2026-01-14T15:42Z 33K followers, [----] engagements "This setup offers meaningful downside protection. The core business trades at 5x EV/EBIT vs large HVAC peers in the high teens and niche industrials at least high-single-digit EV/EBITDA. Valuing MCCK at 7x EBITDA (recent private comps) implies $85/share vs $56 today" [X Link](https://x.com/InvestSpecial/status/2011464063801323661) 2026-01-14T15:42Z 32.8K followers, [----] engagements "7/ $NRP pitch by @GreystoneCap A coal royalty biz run by an aligned mgmt team with a 30% stake. Co trades at a normalized divi yield of [--] to 15% with strong durability across varying coal price environments supported by at least [--] years of reserves in the ground" [X Link](https://x.com/InvestSpecial/status/2011464066137514036) 2026-01-14T15:42Z 33K followers, [----] engagements "Beyond its core biz $NRP owns 49% of the worlds leading low-cost soda ash producer a key commodity for glass chemicals and more. Based on the [----] buyout price for the other 51% this stake alone represents 35% of NRPs mcap" [X Link](https://x.com/InvestSpecial/status/2011464068335346019) 2026-01-14T15:42Z 33K followers, [----] engagements "8/ $TBCG.L pitch by Blue Tower Largest bank in Georgia with 40% market share and duopoly economics alongside Bank of Georgia. LT ROEs 22% rising to 26% recently as digitalization boosted efficiency deposits and profitability. Yet shares trade at just 5x 2025E P/E" [X Link](https://x.com/InvestSpecial/status/2011464073213325654) 2026-01-14T15:43Z 33K followers, [----] engagements "The real growth driver is Uzbekistan: a 38m-person market liberalizing its banking sector. TBC Uzbekistan already has 19.7m customers (half the population) and 17% share of unsecured consumer loans achieved in [--] years while remaining profitable" [X Link](https://x.com/InvestSpecial/status/2011464075574669506) 2026-01-14T15:43Z 33K followers, [----] engagements "With a dominant Georgian core explosive Uzbekistan growth and conservative capital ratios $TBCG combines high ROEs scale and structural growth at a deep EM discount. Execution so far suggests Uzbekistan could eventually surpass Georgia as the main profit engine" [X Link](https://x.com/InvestSpecial/status/2011464199294116291) 2026-01-14T15:43Z 32.9K followers, [----] engagements "@JonCukierwar 10/ $7952.T pitch by @HalvioCapital Kawai controls 21% of the global piano market yet trades at just 0.6x book. New CEO targets 15B op profit in [--] yrs. Even hitting the 3-yr goal of 5B would value it at 4.8x EBITDA leaving big re-rating potential" [X Link](https://x.com/InvestSpecial/status/2011464415820841394) 2026-01-14T15:44Z 32.9K followers, [----] engagements "@JonCukierwar @HalvioCapital For comparison Steinway was acquired at 14.5x EV/EBITDA and later drew $1B buyout interest at 15.5x. If Kawai executes and garners even half those multiples the stock offers significant upside from todays depressed valuation" [X Link](https://x.com/InvestSpecial/status/2011464458061648075) 2026-01-14T15:44Z 32.9K followers, [----] engagements "Fallen angel in the late innings of a turnaround - Potential 50-100% upside with an earnings inflection approaching - Trading on LTM 6x EBITDA and 12x FCF ex. SBC - Catalyst expected as early as next month - Most of the bear case is already priced in limiting downside" [X Link](https://x.com/InvestSpecial/status/2011830742196572546) 2026-01-15T16:00Z 33K followers, [----] engagements "Merger arb with 20% spread + spinco - Closing delayed due to buyer not wiring funds on time - Outcome hinges on buyer securing cash seems likely - Large deposit already at risk - Deadline extended by target's mgmt signaling their confidence - Stock at pre-announcement levels" [X Link](https://x.com/InvestSpecial/status/2012193518077280569) 2026-01-16T16:01Z 33K followers, [----] engagements "$ONIT is up nearly 40% since my initial post. The thesis is still technically in play and much of the move reflects a broader lift in loan servicers. But given ONITs complex BS and a multiple that has re-rated to more reasonable levels this looks like a good exit point. $ONIT is a cheap loan servicing biz that went through the wringer between [----] and [----]. A turnaround began in [----] when new management came in through a merger. Today its an interesting hidden asset play + rumors of a potential sale. Co trades meaningfully below peers. 👇 $ONIT is a cheap loan servicing biz that went through" [X Link](https://x.com/InvestSpecial/status/2013219899624043002) 2026-01-19T12:00Z 32.9K followers, [----] engagements "- Saba wants the board to approve $WPK.L liquidation by Feb [--]. - If not Saba is prepared to escalate and pursue every available path to force an outcome. - Prominent value investor Roditi owns 30%. - Notably Roditi upped his stake soon after the activist letter came out" [X Link](https://x.com/InvestSpecial/status/2013554450808426778) 2026-01-20T10:09Z 32.9K followers, [----] engagements "The worlds greatest compounders aren't built by accident. They are forged by invisible environments and feedback loops. Tsai Capitals new annual letter is a masterclass in: - Systems theory - Network effects - Long-term philosophy A roadmap to finding the next multibagger👇" [X Link](https://x.com/InvestSpecial/status/2014004130738532729) 2026-01-21T15:56Z 33K followers, [----] engagements "@FriendlyCapMgmt @hkuppy We are talking about returns since inception. In certain years they can underperform; that is absolutely normal" [X Link](https://x.com/InvestSpecial/status/2014310744720892081) 2026-01-22T12:14Z 33K followers, [---] engagements "So the US confirms aliens exist and the market crashes Makes sense. The Bank of England planning for an alien-triggered financial crisis is peak 2026😅 Forget 'First Contact' diplomacy has anyone thought about the shareholders It's a serious article btw👇" [X Link](https://x.com/InvestSpecial/status/2014415266520633416) 2026-01-22T19:10Z 33K followers, [----] engagements "Ennismore Fund pitch on $SAF.DE - Top-2 player in multiple oligopolistic niches - Seen as cyclical yet the majority of profits are driven by high-margin aftermarket segment - Cycle near bottom; sales growth returning in '26 - 65% upside at 13x '26 EBIT" [X Link](https://x.com/InvestSpecial/status/2014442952429572537) 2026-01-22T21:00Z 33K followers, [----] engagements "1/ - 20% spread in a bidding-war is enticing - However R/R is just too bad here - Most of the value is in the brand which from a quick look doesn't seem that valuable - Plus operational challenges persist due to escalating tariff war with China (a key sourcing region)" [X Link](https://x.com/InvestSpecial/status/2015102184820441547) 2026-01-24T16:39Z 33K followers, [----] engagements "2/ - Founder group is fully in control - They are incentivized to reject the Lemonis bid and wait for a better opportunity to take $BARK private (at lower prices) - Boards silence on the new bid isn't reassuring - All of this comes with a c. 40% downside to pre-bid levels" [X Link](https://x.com/InvestSpecial/status/2015102186867343619) 2026-01-24T16:39Z 33K followers, [----] engagements "American Realty Capital Healthcare (HCT) - Odd Lot Tender Offer - $87 Gain $HCT http://t.co/beEeV5nLNb http://goo.gl/LATdAz http://goo.gl/LATdAz" [X Link](https://x.com/InvestSpecial/status/616909744670965760) 2015-07-03T10:01Z 32.8K followers, [--] engagements "Intervest Bancshares (IBCA) - Merger Abritrage - 5% All Stock Spread $IBCA http://t.co/y6XrY9CBhV http://goo.gl/520Yqv http://goo.gl/520Yqv" [X Link](https://x.com/InvestSpecial/status/632130033927213056) 2015-08-14T10:01Z 31.2K followers, [--] engagements "Special Situation Investment $WING https://goo.gl/AxIWCL https://goo.gl/AxIWCL" [X Link](https://x.com/InvestSpecial/status/864822889685581824) 2017-05-17T12:40Z 32.8K followers, [--] engagements "Market misunderstood $WING Q1 results. Irrational algo trading. http://www.specialsituationinvestments.com/2017/05/wingstop-wing-irrational-algo-trading-10-upside/ http://www.specialsituationinvestments.com/2017/05/wingstop-wing-irrational-algo-trading-10-upside/" [X Link](https://x.com/InvestSpecial/status/864835016840404992) 2017-05-17T13:28Z 32.8K followers, [--] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@InvestSpecial Dalius - Special Sits
Dalton Investments, a US-based activist fund, is urging Fuji Media (4676.T) to speed up asset sales, including a full spin-off of its real estate holdings, and focus on content creation to boost ROE, profitability, and close the conglomerate discount. This is Dalton's latest campaign, following their focus on Japan for decades, practicing value-driven constructive engagement. They push small-caps to unlock value through asset sales, capital returns, and more.
Engagements: [-----] #
- [--] Week [------] +57%
- [--] Month [-------] +85%
- [--] Months [---------] +195%
- [--] Year [---------] +54%
Mentions: [--] #
- [--] Week [--] -14%
- [--] Month [---] +7.60%
- [--] Months [---] +115%
- [--] Year [---] +123%
Followers: [------] #
- [--] Week [------] +0.50%
- [--] Month [------] +2.30%
- [--] Months [------] +11%
- [--] Year [------] +19%
CreatorRank: [-------] #
Social Influence
Social category influence finance 45.21% stocks 27.13% cryptocurrencies 4.79% countries 4.79% technology brands 2.13% currencies 1.6% luxury brands 1.06% social networks 1.06% exchanges 0.53%
Social topic influence ceo 6.91%, strong 6.38%, in the 5.85%, business 5.32%, core 4.26%, company 4.26%, stake 3.72%, debt 3.72%, $kore 3.72%, arb 3.72%
Top accounts mentioned or mentioned by @halviocapital @deepsailcapital @greystonecap @gatorcapital @fairlightcap @kingdomcapadv @alluvialcapital @joncukierwar @millervalue @horizonkinetics @capitalvoss @hkuppy @haydencapital @jameshollier24 @crossroadsonx @grok @uncensoredpm @aboveavgodds @choiceequities @gwinvestors
Top assets mentioned ContextLogic Inc. (LOGC) Smart Share Global Limited (EM) Cannae Holdings, Inc. Common Stock (CNNE) BARK, Inc. (BARK) Civeo Corporation (CVEO) TELUS International (Cda) Inc. (TIXT) Acadia Healthcare Company, Inc. (ACHC) Rapids (RPD) Old Dominion Freight Line Inc (ODFL) Diana Shipping, Inc. (DSX) Xponential Fitness, Inc. (XPOF) Braemar Hotels & Resorts Inc. Common Stock (BHR) Goldman Sachs (GS) HSBC Holdings PLC (HSBC) Solana (SOL) Wing Finance (WING)
Top Social Posts
Top posts by engagements in the last [--] hours
"$YEXT setup looks interesting. Yet another MBO weve covered on SSI in recent months. The spread to the CEO/Chairmans bid is about 7% with minimal downside to pre-announcement. Decent chance of a bump or an overbid from a 3rd party. Link to the full write-up below"
X Link 2025-10-10T08:05Z 33.6K followers, 25.5K engagements
"We will see an improved bid for $PRTH shortly - Highly opportunistic bid by CEO (owns 58%) - Special committee review underway - Offer values PRTH well below peers - Two activists pushing back p.s. currently offering 30-day free trial to my blog so be sure to check it out"
X Link 2025-11-29T16:47Z 33.6K followers, 23.5K engagements
"$ELME wind-down looks interesting - Sold most of its multifamily portfolio - Paid $14.67/sh special dividend - Remaining assets to be sold by the end of May - Expects to distribute $2.352.80/sh more by YE vs $2.16 stock (930% spread)"
X Link 2026-01-30T20:55Z 33.6K followers, [----] engagements
"Asymmetric bet on FDA decision - Not a typical biotech play: drug works - Key issue is whether the trial design can be agreed - FDA blessed this design before its U-turn - Patient advocates putting pressure on FDA - Recent precedents suggest this is solvable - Upside 160%"
X Link 2026-02-06T09:50Z 33.6K followers, 13.1K engagements
"Some consolidation seems to be starting in the recreational boating market. $MPX is being acquired by $MCFT effectively a take-under with the 69% controlling shareholder backing the deal. Some shareholder disappointment but the offer looks fair. This is a done deal"
X Link 2026-02-06T15:58Z 33.6K followers, [----] engagements
"+350% in a week - $FNCH the best performing pitch on SSI so far Might double again from the current levels. This is what SSI investor community is about Read the full post here: https://www.specialsituationinvestments.com/2024/08/guest-pitch-finch-therapeutics-group-fnch/ https://www.specialsituationinvestments.com/2024/08/guest-pitch-finch-therapeutics-group-fnch/"
X Link 2024-08-13T08:58Z 33.5K followers, 30.9K engagements
"Interesting setup over at $CVEO with a highly reputable activist involved. At its core the pitch rests on a combination of hidden assets growing earning power and the presence of a reputable activist Engine Capital (which owns 10%) already driving significant changes in capital allocation. My conservative estimate of upside excluding the value of underutilized assets suggests a 40% gain over [---] years compared to Engine Capitals estimate of 100%+ over the same period. A key aspect of the thesis is the ongoing capital return program. Engine Capital began its campaign in March [----] pushing"
X Link 2025-07-16T08:55Z 33.5K followers, 18.2K engagements
"Exploring the BPO privatization theme $TASK $TIXT $TTEC BPO privatizations have become a small but growing theme in the market. Majority-shareholder buyouts are emerging across an industry facing significant uncertainty. Meanwhile many of these companies continue to generate strong cash flow. The key idea and likely the reasoning behind these buyouts is that buyers dont see this cash flow drying up anytime soon. If that proves true and AI doesn't decimate these businesses overnight then the bids make a lot of sense. TASK is the latest addition to this trend joining TIXT and TTEC with the"
X Link 2025-07-17T08:55Z 33.6K followers, 13.1K engagements
"Pure-play net-net biopharma plays with announced strategic reviews seem to be disappearing fast. Tang Capital has been especially active recently picking up a number of these names including $CRGX $KRON $IGMS and $ELEV. Recently $EPIX agreed to a similar type of setup. Some broken biopharmas pivoted into crypto treasury plays like $SONN which was up 10x on that deal. Yes thats the world we live inbut I digress. Not many of these plays remain on the market. So it might be worth looking into setups that are trading at massive discounts but still have not announced any strategic shifts or"
X Link 2025-07-18T08:52Z 33.5K followers, 19.5K engagements
"$LOGC remains one of the few attractive NOL plays on the market ContextLogic is the former operator of Wish a failed e-commerce company that has since sold off its core operations. LOGC is now a shell company with a large cash pile (approximately $6.50/share) and significant tax assets (over $13/share). Management is highly incentivized to find an acquisition partner as the CEO is eligible for a substantial payout if the stock price rises to the $1021 range potentially earning him between $12m and $50m compared to the current share price of $7.50. For more context Ill link to an old SSI"
X Link 2025-08-04T09:35Z 33.5K followers, 11.4K engagements
"Interesting thoughts shared by White Falcon Capital Management on the $TIXT buyout. They estimate fair value in the range of $57/share (similar to my estimates of 78x EBITDA) compared to the stock at $3.73/share and Telus offer of $3.40/share. Full letter below. Buyout of $TIXT by its parent $TU looks interesting. Lowball initial offer could be bumped after the special commitee review ends. The largest shareholder of TIXT a BPO and IT services business is TELUS Corp a $24bn Canadian telecom giant holding a 60% stake. TELUS has Buyout of $TIXT by its parent $TU looks interesting. Lowball"
X Link 2025-08-21T11:02Z 33.6K followers, [----] engagements
"3/ $LOGC pitch by Alluvial Capital Cash-rich NOL shell with $222M cash minimal burn and $2B of federal NOLs that never expire. It has partnered with BC Partners which has already invested $75M and may double that ensuring strong dealflow"
X Link 2025-08-27T07:59Z 33.5K followers, [----] engagements
"With $6.50/share in cash downside is well protected. If $LOGC secures the right acquisition its NOLs alone could be worth more than todays market cap. If not liquidation provides a floor. A classic asymmetric special situation"
X Link 2025-08-27T07:59Z 33.5K followers, [----] engagements
"Interesting pitch on $DERM from Summers Value Partners Emrosi new FDA-approved rosacea drug launched Apr [--]. Already $15M+ run-rate patent thru [----] $100M+ sales potential. Could drive profitability by [--] PT $20"
X Link 2025-09-19T12:26Z 33.5K followers, [----] engagements
"$CVEO released an IR deck a few days ago. Nothing new mostly a reiteration of the thesis outlined below. Key takeaway for me is that the potential to put the underutilized Canadian assets in play is increasingly likely. Several projects currently under FID are well-suited for these assets see the screenshot from the IR deck. That's about $2030M in potential earnings power on top of the $97M in expected EBITDA by year-end. Of course its not fully clear when this will materialize but the optionality is becoming more valuable in my eyes. Interesting setup over at $CVEO with a highly reputable"
X Link 2025-10-02T08:45Z 33.5K followers, [----] engagements
"$CIVI next in line Permian oil & gas explorer to be sold after $VTLE. Bloomberg just reported CIVI is looking to merge with a similarly sized or larger peer. Looks cheap but way too much debt for my liking. Any upside from here"
X Link 2025-10-02T10:48Z 33.6K followers, 10.5K engagements
"$ACHC finally might be getting sold. Two activists with a combined 9% stake are pushing the medical facilities owner/operator to explore a sale. Certainly cheap at 7x fwd EBITDA but the staggered board is a big problem. Watching closely for further developments"
X Link 2025-10-03T12:07Z 33.4K followers, 11.1K engagements
"$ACHC has given back all of its activism-related pop in the stock price. This isnt surprising. The two activists clearly pushed for an immediate sale review while noting that the company had been approached by multiple parties. Yet almost a month of silence from management is quite telling theyre not giving up control easily. For now I dont see a clear path to success. More clarity is needed but if the stock continues to decline it could get cheap enough to make the long game from activists interesting. There already seems to be enough dissatisfaction among the broader shareholder base"
X Link 2025-10-23T09:49Z 33.4K followers, [----] engagements
"Time for the occasional fintwit check-in👇 Whats the cheapest stock youre holding right now and why Preferably sub-$1B names no geography or industry limits"
X Link 2025-10-23T17:30Z 33.6K followers, 22.7K engagements
"Interesting pitch by Black Bear Value Partners on $LXS.DE Lanxess is a specialty chemicals co selling its more cyclical and capital-intensive biz in favor of stickier lower-capital-intensity ones. Trades at a 15-20% mid-cycle FCF yield. Buybacks expected to kick in"
X Link 2025-10-30T13:06Z 33.4K followers, [----] engagements
"Unusual bidding war with $EM - After months of wrangling mgmt signed a definitive at $1.25/ADS - Two weeks later the 2nd largest investor topped it with a $1.77/shr offer - Management matching the bid looks increasingly likely - Asymmetric setup with a 3-to-1 risk/reward"
X Link 2025-11-06T12:37Z 33.4K followers, 21.7K engagements
"Great Q3 letter from @HorizonKinetics is out. Covers several interesting topics including the impact of indexation and passive investing in todays market. Full letter: https://horizonkinetics.com/app/uploads/Horizon-Kinetics-Q3-2025-Commentary-Final.pdf https://horizonkinetics.com/app/uploads/Horizon-Kinetics-Q3-2025-Commentary-Final.pdf"
X Link 2025-11-10T20:47Z 33.5K followers, 27K engagements
"Thrift conversion play heating up: Stillwell (5%) just filed a 13D on $CLST. Stock trades 0.7x TBV past its 3-yr lockup and led by a team with a history of selling post-conversion thrifts. With Stillwell in the mix both sale and turnaround angles look compelling👇"
X Link 2025-11-12T11:07Z 33.6K followers, 12.2K engagements
"Nice pitch on $LSEG.L from Eagle Capital Resilient recurring revenue Exposure to both rising markets + volatility Margin expansion as tech spend normalizes Strong capital allocation Mid-teens EPS growth 18x [--] earnings Potential 20% multi-year IRR"
X Link 2025-11-14T11:33Z 33.4K followers, 11.5K engagements
"Sale of $RPD looks increasingly likely. - Activist with 10% stake and [--] board seats likely to push for a sale. - New CFO has PE + cyber M&A background. - $CNNE a possible buyer. - Looks cheap at 12x run-rate FCF with potential growth rebound. Lets dive in👇"
X Link 2025-11-14T15:50Z 33.6K followers, [----] engagements
"2/ Most importantly JANA Partners (owns 10%) is the key catalyst. Theyve steadily increased their stake at meaningfully higher prices and now control [--] board seats. Their standstill expires in the coming months increasing pressure to act if performance doesnt improve"
X Link 2025-11-14T15:50Z 33.6K followers, [---] engagements
"3/ Worth noting: JANA has a strong track record of pushing companies into sale processes. Moreover when JANA first filed a 13D here it was jointly with $CNNE which still owns a stake. CNNE has said publicly that JANA brings them proprietary deal flow (screenshot from Q2)"
X Link 2025-11-14T15:50Z 33.6K followers, [---] engagements
"4/ That doesnt guarantee $CNNE involvement in an $RPD transaction but it establishes them as a credible potential acquirer here. CNNE owns about 0.5% as of now"
X Link 2025-11-14T15:50Z 33.5K followers, [---] engagements
"Pitch on $ODFL by Pelican Bay - Undisputed LTL leader delivering 20% EBIT margins 20% ROIC and a net-cash B/S. - In a cyclical industry its pricing power keeps rivals at bay. - Rare chance to buy a compounder at the low end of its valuation range"
X Link 2025-11-17T19:51Z 33.5K followers, 11.1K engagements
"Another non-binding MBO for the basket: $KW - Take-private led by CEO + $FFH.TO (31% combined stake) - Spread at 8% - Offer looks light at first glance - But I just dont see the special committee rejecting it - Not overly excited given leverage + 20% downside Any thoughts"
X Link 2025-11-18T09:22Z 33.5K followers, [----] engagements
"1/ Joseph Stillwell Specializes in community banks with weak governance and entrenched management. A key sub-segment he focuses on is thrift conversion plays where he typically pushes for a sale once the lock-up expires or takes board seats to drive better capital allocation"
X Link 2025-11-20T19:27Z 33.6K followers, [---] engagements
"Never-ending sale saga at $MX. A $30/shr deal collapsed in [----] now the stock trades near $2.70. This year $7/shr buyout rumors went nowhere. Now an 8.5% activist has filed a 13D and is engaging with management. Strategic review ongoing. Anyone digging into this"
X Link 2025-11-27T11:10Z 33.5K followers, 15.2K engagements
"As suspected $DSX 15% stake build since April has turned into a buyout for $GNK - A cash bid at $20.60/share (spread at 9%) - Bid at c. 0.8-0.9x NAV - Special committee reviewing - Poison pill adopted last month - Feels like this will be rejected Any thoughts"
X Link 2025-11-27T16:00Z 33.5K followers, 11.4K engagements
"Despite reaching breakeven and growing faster than most peers the mkt still values NURS.V like a niche wellness operator. Based on a reasonable 34x EV/Sales multiple $NURS.V is worth $8$11/share vs 5.3/share today with more upside if execution continues"
X Link 2025-11-29T12:25Z 33.5K followers, [----] engagements
"8/ $XPOF pitch by @CapitalVoss Franchisor of boutique fitness brands with an asset-light recurring revenue model. Current valuation implies terminal decline but headline metrics mask strong unit economics. A highly asymmetric setup"
X Link 2025-11-29T12:25Z 33.5K followers, [----] engagements
"$XPOF trades at 6x [----] EBITDA vs. $PLNT at 2021x. Club Pilates alone likely does $105M EBITDA; at a conservative 1113x thats $13$17/share 2x todays price before giving any value to Pure Barre YogaSix BFT or StretchLab"
X Link 2025-11-29T12:25Z 33.5K followers, [----] engagements
"The Value Investors Club "Hall of Fame." Thousands apply. Few get in. Even fewer win the VIC contest each year. I looked at every winning pitch since [----]. Here are the Top [--] investors by total wins (plus my favorite pitch from each)👇"
X Link 2025-12-02T10:34Z 33.6K followers, 50.5K engagements
"1/ charlie479 (active 2001-2009) - [--] wins - Well-known in the value investing community (Norbert Lou) - One of the most legendary VIC runs with the highest win rate (6 out of [--] pitches) - My favourite pitch: $NVR a massive multibagger"
X Link 2025-12-02T10:34Z 33.6K followers, [----] engagements
"Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont see a bump from $EM's management by then it looks like both Hillhouse and Silver Point will take the dissenting rights route. Big special sits players stepping into the $EM trade Silver Point Capital just disclosed a 7% stake. The $41B AUM fund focuses on special sits distressed debt and credit and runs a tight public equity book with only [--] positions as of Q2. Big special sits players stepping into the $EM trade Silver Point Capital just disclosed a 7% stake."
X Link 2025-12-05T10:45Z 33.6K followers, 28.5K engagements
"$PLRX is a biopharma net-net at 50% below year-end cash. - Tang Capital owns 10% (underwater here) - Only P1 asset remains (still moving forward) - Though mgmt just cut the Chief Biz and Chief Science officers - Strategic alts ongoing Feels primed for a Tang-style buyout"
X Link 2025-12-10T12:01Z 33.5K followers, [----] engagements
"$EM shareholder approval has been received. While this was guaranteed given managements ownership it takes a bid increase off the table. The bump thesis didnt play out though the downside was contained. Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont see a bump from $EM's management by then it looks like both Hillhouse and Silver Point will take the dissenting rights route. Silver Point Capital a large special sitsfocused fund continues to increase its stake and is now at 10%. EGM is on Dec [--]. If we dont"
X Link 2026-01-05T16:00Z 33.6K followers, [----] engagements
"$ATKR sale looking increasingly likely - Mgmt openly exploring a sale - Activists rep added to the board late last year - A few weeks ago rumors emerged that multiple PEs were circling - Valuation is tricky but 2030% upside on hist. multiples seems reasonable"
X Link 2026-01-08T11:58Z 33.5K followers, [----] engagements
"2/ $PRPO pitch by @DeepSailCapital Potential multibagger hidden in a microcap cancer diagnostics co with proprietary assay kits (HemeScreen IV-Cell) and its own CLIA lab. PRPO is already up 2x since the original pitch but a further 23x upside remains"
X Link 2026-01-14T15:42Z 33.6K followers, [----] engagements
"$PRPO plays in the $115B oncology diagnostics space. Products distributed via Thermo Fisher McKesson Cardinal etc. Strong growth runway from 1% share. Margins expanding (23% 43%) pathology revs +53% YoY now near FCF breakeven"
X Link 2026-01-14T15:42Z 33.6K followers, [----] engagements
"4/ $KITS pitch by @GreystoneCap An e-commerce optical retailer led by Roger Hardy who previously built and sold Coastal Contacts to EssilorLuxottica. With 35%+ rev growth 70% repeat customers and in-house manufacturing the model scales with strong margins and limited capex"
X Link 2026-01-14T15:42Z 33.5K followers, [----] engagements
"Unsurprisingly $GNK rejected the $DSX bid as undervaluing. GNK then floated a buyout of DSX (price undisclosed) but thats unlikely to go anywhere. DSX doesnt look eager to raise its offer so the most probable outcome is that this story is effectively over. As suspected $DSX 15% stake build since April has turned into a buyout for $GNK - A cash bid at $20.60/share (spread at 9%) - Bid at c. 0.8-0.9x NAV - Special committee reviewing - Poison pill adopted last month - Feels like this will be rejected Any thoughts https://t.co/6Mtbe3K1d5 As suspected $DSX 15% stake build since April has turned"
X Link 2026-01-16T09:55Z 33.5K followers, [----] engagements
"The bid finally came in for $CVGW. However the offer is only about $27/share just slightly above the July trading levels when rumors of a $32/share sale emerged. Well see how things develop there could be some shareholder pushback but it seems unlikely. Interesting Early Merger Arb Setup Developing at $CVGW 20%+ Upside Potential CVGW is one of the largest distributors of avocados in the U.S. The company has faced multiple challenges in recent years particularly after its founder and long-time CEO retired in [----]. The new Interesting Early Merger Arb Setup Developing at $CVGW 20%+ Upside"
X Link 2026-01-19T16:00Z 33.6K followers, [----] engagements
"12% annual returns (net of fees) is the "Great Divide." Most struggle to beat the S&P [---]. These [--] funds consistently hit that mark and along the way write impeccable investor letters. The ultimate fund letters shortlist👇 1) Praetorian Capital - @hkuppy 2) Gator Capital - @gatorcapital 3) Hayden Capital - @HaydenCapital 4) Laughing Water Capital - @LaughingH20Cap 5) Fairlight Capital - @Fairlight_Cap 6) Kingdom Capital Advisors - @kingdomcapadv 7) Atai Capital - @AtaiCapital 8) Merion Road Capital - @aaronjsallen 9) LVS Advisory (Growth Fund) - @LuisVSanchez777 10) Greystone Capital -"
X Link 2026-01-22T09:58Z 33.5K followers, 77.4K engagements
"As expected $SOHO shareholders approved the buyout. Only customary conditions should be left now. Closing is expected in Q1. The spread on preferred shares has narrowed to 2.5%. On the commons its at 1.4%. $SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing the two share classes very differently - Preferreds trade at a 10%+ spread while commons trade at less than 5% - Bet on the preferred stock looks highly attractive. https://t.co/pYqnWKru8g $SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing"
X Link 2026-01-23T18:00Z 33.6K followers, [----] engagements
"$SFD buying out $NATH turned out to be correct unfotruntly I was off on pricing. I still think the buyout price is too low but Lorber and management own 30% and support the deal so it likely closes. The idea returned 3% mostly from dividends. On to the next one. Potential sale of $NATH looks like an interesting asymmetric bet with limited downside and 3050% upside. Back in February the Financial Times reported that the hot dog brand owner was in talks regarding a possible sale. Details were limited but it was noted that major food Potential sale of $NATH looks like an interesting asymmetric"
X Link 2026-01-27T16:00Z 33.5K followers, [----] engagements
"$LKQ seems to have fully yielded to the activists - Major aftermarket parts distributor now exploring a full co sale - Specialty seg. on the block since Dec25 - Follows cooperation with Ancora/Engine 12mo ago - Trades at 10.6x 25E P/E; 2030% premium should be possible"
X Link 2026-01-27T20:59Z 33.6K followers, [----] engagements
"Another potential multibagger from @DeepSailCapital - $SNWV is a high-margin med-tech platform with a rapidly scaling razor/razor-blade model - Recurring consumables at 8090% margins driving operating leverage - Trades at 15x NTM EBITDA far too cheap for 30%+ growth co"
X Link 2026-01-28T16:00Z 33.5K followers, 11K engagements
"#1: $BFIT Long - Europes dominant low-cost gym operator - Trades at a trough 5.3x 26E EBITDA - France inflecting: 24/7 rollout + labor law change can add 60m EBITDA (18% above consensus) - Return to 10x multiple implies 65/share vs stock at 33/share today"
X Link 2026-01-29T10:08Z 33.6K followers, [----] engagements
"#6: $MAGN Long - Underearning #1 nonwovens/films supplier (diapers wipes medical) - Trades at deep discount to public comps & precedent deals - Orphaned post-merger stock with minimal coverage - Synergies + delever drive FCF/EBITDA recovery into [----] - $5080 FV vs $13 today"
X Link 2026-01-29T10:08Z 33.6K followers, [----] engagements
"#7: $CNI Long - CNI levered to Canada-first port shift (Prince Rupert/Vancouver) - Oct [--] US vessel fees push China-built/operated ships to discharge in Canada - Early data shows diversion already - EPS lift + unusual multiple gap to $CP narrows; FV at $127 vs $98 (30%+)"
X Link 2026-01-29T10:08Z 33.6K followers, [----] engagements
"#8: $KAI Short - KAI overearned on pulp & paper capex cycle; - End-markets now in excess capacity; capex + consumables both rolling over - Margins at peak competition rising SG&A set to re-leverage - 31x P/E on declining earnings; Target at $212/shr vs stock at $316"
X Link 2026-01-29T10:08Z 33.6K followers, [----] engagements
"$CCRN pitch by Long Cast: - Medical staffing co at trough earnings - Indiscriminately sold post merger-arb break - Deal broke on FTC delays + govt shutdown - Cheap on multiples; best B/S in industry (40% mcap net cash) - Stock $8/shr vs $18.61/shr buyout price from late 2024"
X Link 2026-02-02T19:35Z 33.6K followers, [----] engagements
"- Highly likely this offer fails as well. - Stock already looks more than fairly valued at current levels. - Plus Donerails track record with public buyout offers isnt great see the $TBCH saga as a reminder. I shared a few more thoughts on $HZO back in [----] see below"
X Link 2026-02-03T11:52Z 33.6K followers, [----] engagements
"$WALD is basically back to October levels on no real news aside from the filing of an expected share issuance prospectus. Worth a closer look the value of the Obagi business alone could be equal to the current EV effectively leaving the rest of the business for free. Quite a curious case over at $WALD. Waldencast owns several well-known makeup and medical cosmetics brands including some exposure to HA fillers. In mid-August the company announced a broad strategic alternatives process to maximize shareholder value. One or both of its https://t.co/yVVzaEpWCD Quite a curious case over at $WALD."
X Link 2026-02-03T16:00Z 33.6K followers, [----] engagements
"$BFIT pitch by Buckley Capital - Dominant EU low-cost gym operator - Trough earnings from France gyms opened during COVID - New clubs back to pre-COVID ROIC; older gyms maturing - 35m France staffing spend is temporary to enable 24/7 access - Upside 2.5x+"
X Link 2026-02-03T19:01Z 33.6K followers, [----] engagements
"@grok @UncensoredPM 😅"
X Link 2026-02-12T12:02Z 33.6K followers, [--] engagements
"GNK/Lemonis seem to have some investor support at $BARK. Shay Cap (2.6%) nominated a GNK exec to the board late last yr. Board unsurprisingly deemed it deficient; nomination pulled shortly before the GNK bid. Still doubt GNK gets anywhere but setup is getting interesting. Bidding war for $BARK seems to be progressing. The board has finally responded establishing a special committee to evaluate both bids. This could get interesting but Im still skeptical that Lemonis offer stands a real chance against insiders here. Bidding war for $BARK seems to be progressing. The board has finally responded"
X Link 2026-02-13T16:00Z 33.6K followers, [----] engagements
"Great letter from Horizon Kinetics on opportunities in the Japanese stock market especially the section on owner-operated enterprises and their historical outperformance. Also a sharp look into Japanese corporate culture. Full letter below"
X Link 2025-08-13T09:56Z 33.6K followers, 12.7K engagements
"$ECBK is another interesting thrift conversion play - Co cross 3-year IPO mark back in July making it elgible for a buyout - All execs have meaningful CiC provisions; EVP and CLO had their CiC multipliers more than 2x recently - Quality for its size and cheap on P/B"
X Link 2026-01-14T09:43Z 33.6K followers, [----] engagements
"First tender of the year is on - Standard odd-lot play. - Minimal cancellation or amendment risk. - Precedents of successful tenders by the same company over the past two years at materially higher prices"
X Link 2026-02-02T15:59Z 33.6K followers, 11.8K engagements
"$SGRP was one of my favorite small-cap shorts this year. It was essentially a merger-break bet with a bunch of red flags (worked out nicely). For more details Ill link the SSI write-up in the comments. Now SGRP is back to its pumpy ways. Heres the announcement the company put out: Investor group acquires 220k SPAR Group shares at 75% premium. The stock immediately jumped about 15% on this. Theres only one caveat: the investment was just $440k in total peanuts compared to the companys $30m market cap and YTD cash burn of $11m (six months ended). Management purposely framed the release in a way"
X Link 2025-08-28T12:33Z 33.6K followers, [----] engagements
"Any thoughts on $BHR preferreds BHR is an owner and operator of multiple luxury hotels including Ritz-Carlton Four Seasons and Hyatt properties. A few weeks ago the company announced a strategic review aimed at selling the entire business. A straight equity play looks far too uncertain given the leverage here but the preferreds look interesting. In particular $BHR.PB offers around 15% downside to pre-announcement levels and 50%+ upside if the company is sold with preferreds fully covered. The external advisor stands to receive a massive $480M termination fee so the sale is likely happening"
X Link 2025-10-06T12:52Z 33.6K followers, 11.1K engagements
"$HZO back in buyout rumors. - This time activist Donerail is allegedly offering $35/sh vs $30 today. - Donerail was also rumored to be pushing for a sale last year. - In [----] HZO was linked to a potential merger with $ONEW at $40/sh👇"
X Link 2026-02-03T11:52Z 33.6K followers, [----] engagements
"Potential sale around the corner - Co is exploring a sale - Founder/Chairman is old; stepped down after [--] yrs as CEO still the largest shareholder - Now likely seeking full retirement and a massive payday - Well-timed amid industry consolidation Upside 40% downside 1015%"
X Link 2026-02-09T11:04Z 33.6K followers, 10.3K engagements
"For more biz context there is a VIC pitch from May'25"
X Link 2026-02-11T12:46Z 33.6K followers, [----] engagements
"$HAYPP trades at just 8x EV/2028 EBITDA is already FCF positive and is committed to returning excess cash. By [----] it could generate annual cash flows approaching todays EV"
X Link 2026-01-14T15:42Z 33.6K followers, [----] engagements
"$YEXT continues to trade down with no news on a non-binding MBO - Spread at 18% the highest ever - Shareholders concerned with lengthy review process - IMO [--] months for offer review + strategic alts is rather standard - Looks interesting at levels below the pre-announcement. $YEXT setup looks interesting. Yet another MBO weve covered on SSI in recent months. The spread to the CEO/Chairmans bid is about 7% with minimal downside to pre-announcement. Decent chance of a bump or an overbid from a 3rd party. Link to the full write-up below. https://t.co/p0Q2MM2eDJ $YEXT setup looks interesting. Yet"
X Link 2026-01-20T16:00Z 33.6K followers, 11.4K engagements
"Bidding war for $BARK seems to be progressing. The board has finally responded establishing a special committee to evaluate both bids. This could get interesting but Im still skeptical that Lemonis offer stands a real chance against insiders here. Bidding war for dog products brand $BARK - Founder group (owns 30%+) offered $0.90/shr - A few days later Marcus Lemonis & GNK overbid at $1.10/shr - Stock at $0.92 so c. 20% upside to the latest bid - Thus far the board hasn't acknowledged Lemonis proposal👇 https://t.co/lEksF7UvkJ Bidding war for dog products brand $BARK - Founder group (owns"
X Link 2026-02-03T21:55Z 33.6K followers, 11K engagements
"$NRP pitch from @GreystoneCap - Royalty biz stress-tested across macro cycles - B/S strengthening; leverage within LT targets - Mgmt free to raise shareholder distributions - 20-year track record of positive FCF with ample reserves - Fair value $200250/sh vs. $118/sh today"
X Link 2026-02-06T19:00Z 33.6K followers, [----] engagements
"$BAH pitch by @UpslopeCapital - IT consulting firm for govt agencies - Most of the revenue comes from defense and intelligence - Sold off on "DOGE" cost-cutting fears de-rated from 30x to 14x PE - LT tailwinds favor BAH - Current valuation more than compensates for ST risk"
X Link 2026-02-09T20:26Z 33.6K followers, [----] engagements
"$PRTH spread widened again after the recent software sell-off. - Thesis remains intact - One of the two activists argued the Chairmans $6.00$6.15 offer is far too low - They are also calling for a full sale process - Buckley Capital sees fair value north of $10/share. We will see an improved bid for $PRTH shortly - Highly opportunistic bid by CEO (owns 58%) - Special committee review underway - Offer values PRTH well below peers - Two activists pushing back p.s. currently offering 30-day free trial to my blog so be sure to check it out. https://t.co/Tkpv55uMKn We will see an improved bid for"
X Link 2026-02-09T22:34Z 33.6K followers, [----] engagements
"Potential buyout circling around $INMD - Co confirms multiple interested parties incl. CEO/founder - Steel Partners bid at $18/sh for 51% stake - CEO open to taking co private; no formal offer yet - Rumored $17/sh bid vs $15.12 stock👇"
X Link 2026-02-10T11:23Z 33.6K followers, [----] engagements
"- Opco itself looks pretty bad - Sales are declining with no clear signs of stabilization - Key patent expires next year - Though biz still throws off a lot of cash (Steels bid implies 6x FCF) and sits on a large net cash balance (50% of market cap)"
X Link 2026-02-10T11:23Z 33.6K followers, [----] engagements
"- My main concern is Steels bid for just 51% not the full co. - It seems they want the control to pay out most of the cash and milk remaining CFs with limited risk. - If others think similarly upside from current levels may be limited"
X Link 2026-02-10T11:23Z 33.6K followers, [----] engagements
"As the $BHR strategic review continues shareholders oppose the egregious $480m advisor termination fee. Brancous says it must be cut below $150m arguing shares trade 30% of NAV largely due to the framework. If activists win theres major upside even in the common equity. Any thoughts on $BHR preferreds BHR is an owner and operator of multiple luxury hotels including Ritz-Carlton Four Seasons and Hyatt properties. A few weeks ago the company announced a strategic review aimed at selling the entire business. A straight equity play looks Any thoughts on $BHR preferreds BHR is an owner and"
X Link 2026-02-10T16:00Z 33.6K followers, [----] engagements
"Have not looked into $SGRP since the summer pump. As expected SGRP continued to drift down well below pre-announcement levels. Shares are down 30%. Cash burn continues and the board has made re-election harder in the meantime. Future is bleak probs goes to zero. $SGRP was one of my favorite small-cap shorts this year. It was essentially a merger-break bet with a bunch of red flags (worked out nicely). For more details Ill link the SSI write-up in the comments. Now SGRP is back to its pumpy ways. Heres the announcement the company $SGRP was one of my favorite small-cap shorts this year. It was"
X Link 2026-02-10T19:00Z 33.6K followers, [----] engagements
"$MYE is up 40% since August with no major news just modest earnings beats each quarter. The only update was confirmation that the tire supply business sale process has begun. If sold I think theres still upside with several additional levers to pull (see pitch below). Interesting SOTP value-unlock play with Gamco as the leading activist at $MYE Myers Industries produces plastic and rubber products for industrial applications whether for storage or other material handling processes. The company is currently exploring a sale of its low-margin Interesting SOTP value-unlock play with Gamco as the"
X Link 2026-02-10T21:00Z 33.6K followers, [----] engagements
"$IHS privatization is around the corner - Cell tower owner/operator in Africa & Brazil - Rumored buyout from MTN Group confirmed - Buyer is the largest shareholder and the customer - Trades 6x 2025E EBITDA - Recent asset sales at 814x EBITDA - 20%+ upside looks feasible"
X Link 2026-02-11T12:45Z 33.6K followers, [----] engagements
"$ITGR pitched by 13D Activist Fund - Only pure-play publicly traded medical device CDMO - High-quality biz sold off on temporary demand issues likely to normalize by [----] - Trades at 10x EBITDA well below precedent transactions - Activist Irenic Capital pushing for a sale"
X Link 2026-02-11T19:00Z 33.6K followers, [----] engagements
"Just stellar performance from Alluvial Capital (@alluvialcapital) both historically and this year. One of the best funds to follow for idea generation by far"
X Link 2026-02-12T11:40Z 33.6K followers, 30.6K engagements
"Yet another potential multibagger from Alluvial Capital - Post-bankruptcy energy engineering & construction biz $MCDIF - Beaten down and illiquid - Working on debt refinancing + resumption of SEC reporting - Uplisting to a major exchange next - Upside to $60 vs mid-$20s stock"
X Link 2026-02-12T16:00Z 33.6K followers, 15K engagements
"Some flower money odd-lot tender on $YEXT - Offer range is $5.75$6.50/sh; stock at $5.34 - Upside $40$115 on an odd-lot position - Likely gets priced at the low end - Mgmt not tendering; 10% investor is considering - Passive funds own 19% (they will tender) - Expires Mar 12"
X Link 2026-02-13T09:55Z 33.6K followers, [----] engagements
"Asset sale followed by a large capital return - Projected cash distributions from the segment sale amount to 80% of the market cap. - RemainCo appears very cheap at just 2.3x normalized EBITDA. - At a norm. 7x multiple upside is 60%. Link in bio"
X Link 2026-02-13T19:00Z 33.6K followers, [----] engagements
"10/ Bulldog Investors Niche activist fund focused on closed-end vehicles trading at discounts to NAV. Their playbook is simple: build a 5%+ stake file a 13D and push for liquidity events usually self-tenders near NAV to force a discount collapse and exit at intrinsic value"
X Link 2025-11-20T19:27Z 32.8K followers, [---] engagements
"Recent case is at $CMU Bulldog built a 12% stake and entered a standstill through [----]. In return for staying passive and avoiding a proxy fight management agreed to a tender offer near NAV. Currently shares trade at a 40% discount"
X Link 2025-11-20T19:27Z 32.8K followers, [----] engagements
"Bidding war back on at $WJL.AX - Few days ago $HALO (17%) bid 90c - Today BGH (18%) countered at 91c - After months of turmoil (activists questionable M&A CEO allegations earnings miss) a sale now looks likely - I just dont see either bidder going much higher from here. $WJL.AX situation continues to perplex. Sale thesis seems to be off the table with the recent major buyback announcement (25% of excess cash) and the $17m travel services business acquisition. Yet both activists continue to buy up shares. Recently Weiss and the BGH consortium $WJL.AX situation continues to perplex. Sale thesis"
X Link 2025-11-21T11:46Z 33K followers, [----] engagements
"Full letter: https://www.dropbox.com/scl/fi/vz0k279wf7bfugn387770/Qlet2025-03.pdfrlkey=knj1wtfup8no8eblr0xxqijjo&e=3&st=requ8lu7&dl=0 https://www.dropbox.com/scl/fi/vz0k279wf7bfugn387770/Qlet2025-03.pdfrlkey=knj1wtfup8no8eblr0xxqijjo&e=3&st=requ8lu7&dl=0"
X Link 2025-11-21T18:38Z 31.5K followers, [----] engagements
"$WALD kept ripping this week now up 60%+ since my original post and well above my conservative 40% upside target. Feels like the right time to take some chips off the table. Still like the setup but execution risk around the strategic review remains. $WALD is ripping after this news hit postmarket open. The stock is now up 23% since the post with most of that move happening in the last few hours. Theres still about 20% upside to my estimate but as noted that now looks conservative. $WALD is ripping after this news hit postmarket open. The stock is now up 23% since the post with most of that"
X Link 2025-11-22T09:34Z 32.7K followers, [----] engagements
"Special committee rejected Zage and LUs offer for $GRND due to financing concerns. Looks bad. They were selling stock while shares ran on MBO expectations. Hard to see the non-binding excuse saving them. Maybe they clear it legally but reputationally the damage is done"
X Link 2025-11-25T12:36Z 32K followers, [----] engagements
"They were selling after and most likely it was a forced sale so legally theyre probably fine. But announcing a buyout without solid financing is highly irresponsible in the current context. Thats why Im emphasizing reputational damage here. This looked like clear manipulation"
X Link 2025-11-25T12:52Z 31.5K followers, [---] engagements
"Pitch on $BILL from 13D Activist Fund - SMB financial-ops platform now 3x P/S vs 60x peak - Transitioning from hyper to sustainable growth - Activists Starboard and Elliott pushing margin improvement + Rule of [--] - Depressed valuation with takeout optionality (rumored)"
X Link 2025-11-25T19:27Z 32.8K followers, [----] engagements
"Full letter: https://www.dropbox.com/scl/fi/sl2wzrxxv3qnwzxibuap8/13D-Activist-Fund-Investor-Letter-Q3-2025.pdfrlkey=da3j9znfqa1zf6sqcde3fnr9x&e=3&st=6m4aq21h&dl=0 https://www.dropbox.com/scl/fi/sl2wzrxxv3qnwzxibuap8/13D-Activist-Fund-Investor-Letter-Q3-2025.pdfrlkey=da3j9znfqa1zf6sqcde3fnr9x&e=3&st=6m4aq21h&dl=0"
X Link 2025-11-25T19:28Z 32.5K followers, [----] engagements
"Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇"
X Link 2025-11-26T09:51Z 32.9K followers, 27.9K engagements
"1/ $KORE is 72m mcap company that provides global connectivity services to industrial companies. Its key products are SIM cards used in GPS trackers medical devices security sensors and other devices through which KORE sells connectivity plans"
X Link 2025-11-26T09:51Z 31.5K followers, [---] engagements
"2/ On Nov [--] $KORE received a non-binding $5/share takeover bid from major holders Searchlight Capital and Abry Partners. Searchlight also owns KORE preferreds. Management acknowledged the bid and confirmed a special committee is already reviewing it"
X Link 2025-11-26T09:51Z 31.5K followers, [---] engagements
"3/ Buyers are ready to move quickly with minimal diligence given their familiarity with $KORE. Searchlight has been involved since [----] through preferred equity and warrants while Abry has been a stakeholder since 2014"
X Link 2025-11-26T09:51Z 31.5K followers, [---] engagements
"4/ Searchlight has been circling $KORE deal for some time. In Dec [----] Searchlights 13D signaled it was considering a bid. By Aug [----] an amended filing showed Searchlight and Abry were formally exploring an acquisition"
X Link 2025-11-26T09:51Z 31.5K followers, [---] engagements
"5/ Searchlight is a credible bidder: an $18bn AUM PE firm with a strong telecom track record including CNSL Ziply Mitel and more. It also has a solid history of successful privatization deals and is leading the process here. Abry its partner is a $5.4bn mid-market PE firm"
X Link 2025-11-26T09:51Z 31.8K followers, [---] engagements
"7/ The bid values KORE at 8.7x TTM EBITDA and 8.0x 2025E. Most direct comps are private while public telecom giants arent relevant. The offer sits above KOREs historical 6.3x7.7x range (ex-2021 spike). With flat revenue and EBITDA in recent years the valuation looks fair"
X Link 2025-11-26T09:51Z 31.5K followers, [----] engagements
"8/ The key issue is uncertainty around the true downside. Shares are still 15% above pre-announcement levels and the bid is a 300%+ premium to Dec'24 Searchlight 13D levels. If the deal falls apart the stock could drop sharply the downside may be larger than it appears"
X Link 2025-11-26T09:51Z 31.5K followers, [----] engagements
"Couldnt agree more. @gatorcapital has one of the most impressive track records out there. True specialists with discipline. Compounding 20%+ annually for decades is no joke. Importantly their letters are always packed with ideas worth exploring for the rest of us. There arent many funds in the world better than @gatorcapital. Full stop. Theyve beaten every major index and compounded 20%+ annually since July [----] and they did it not by running a NASDAQ proxy but by buying mostly banks and insurance and doing old-school bottom-up https://t.co/A8TqGMIiMs There arent many funds in the world"
X Link 2025-11-26T10:57Z 32.6K followers, 37.9K engagements
"Alluvial Capitals largest position: $ZEG.L - Leveraged telecom turnaround. - Trades at 6x FCF while selling infrastructure assets at 12x+. - Multiple divestitures already completed significantly de-risking the balance sheet. - Further asset sales expected"
X Link 2025-11-27T19:34Z 32.4K followers, 15.7K engagements
"Im spending the weekend sifting through Q3 [----] investor letters. Cut the macro fluff kept the good stuff. Ended up with [--] high conviction ideas. A few of these look like multibaggers. Lets dive in 🧵"
X Link 2025-11-29T12:25Z 32.6K followers, 121.2K engagements
"1/ $UCTT pitch by Rewey Beaten-down but strategically critical supplier to $LRCX and $AMAT positioned at the front end of a semiconductor capex recovery. Shares trade near cycle lows while key customers sit near all-time highs with early signs of capex turning positive"
X Link 2025-11-29T12:25Z 32.5K followers, 11.1K engagements
"UCTTs cyclical recovery potential still isnt priced in. The company is cutting costs reducing interest expense and operating under new leadership (AMAT veteran). Asymmetric exposure to the cycle turn and long-term semi growth with 80% upside"
X Link 2025-11-29T12:25Z 32.8K followers, 11.2K engagements
"While its far from ideal to have a commodity hedge fund sitting inside a steady manufacturing business the trading has been surprisingly successful. Cash and the commodity portfolio now total C$330m vs. a C$370m market cap"
X Link 2025-11-29T12:25Z 32.6K followers, 10.2K engagements
"Clear parallels to $APGs margin-inflection story in a regulated market. APG became a 5-bagger and TIC looks positioned on a similar trajectory. The recent acquisition adds scale synergies and cross-sell potential. Trades at a teens norm. [----] FCF yield"
X Link 2025-11-29T12:25Z 32.9K followers, [----] engagements
"4/ $FFBC pitch by @gatorcapital Well-run regional bank trading too cheap. Strong credit culture and a plain-vanilla loan book complemented by solid fee income support consistently high returns. Led by a CEO who has previously sold a bank. Sale could be on the table here too"
X Link 2025-11-29T12:25Z 32.8K followers, [----] engagements
"Based on the current pipeline new capacity could ramp to 45K units annually $300M revenue and 30% adj. EBITDA. Valuing the company at 20x mid-term EBITDA in line with precedent deals in the space suggests potential 6x upside"
X Link 2025-11-29T12:25Z 32.7K followers, [----] engagements
"6/ $NBR pitch by @MillerValue Valued like a declining oilfield services driller but rapidly evolving into a tech-enabled automation and digital drilling platform. Recent acquisition doubles its high-margin tech segment adds synergies and accelerates FCF and deleveraging"
X Link 2025-11-29T12:25Z 32.7K followers, [----] engagements
"Yet the stock trades at under 1x fwd FCF. With long-term EBITDA potential near $1.5B over $1B in possible debt paydown and a normalized FCF yield above 50% the disconnect is extreme. If even part of the story is recognized the upside could be massive"
X Link 2025-11-29T12:25Z 32.5K followers, [----] engagements
"7/ $NURS.V pitch from @DeepSailCapital Hydreight is building the rails for mobile and DTC healthcare essentially Uber for nurses meets Shopify for telehealth. Revenue has exploded from $3M in [----] to a projected $100M+ run-rate as its VSDHOne platform scales rapidly"
X Link 2025-11-29T12:25Z 32.5K followers, [----] engagements
"9/ Pitch on $ODFL by Pelican Bay Undisputed leader in the LTL freight market with durable competitive advantages. Delivers 20% EBIT margins 20% ROIC and holds a net-cash balance sheet demonstrating real pricing power in a notoriously cyclical industry"
X Link 2025-11-29T12:25Z 32.7K followers, [----] engagements
"Ability to invest through the cycle thanks to pricing power keeps rivals at bay. Two years into a tough freight recession peers are struggling to generate enough profit to fund required capex. Intrinsic value sits around $132$200/share offering an entry near the low end"
X Link 2025-11-29T12:25Z 32.5K followers, [----] engagements
"10/ $BEZ.SI pitch from @Fairlight_Cap One of the most notable turnarounds in Singapore small caps. Since [----] BEZ has shifted from a capital-heavy debt-laden shipyard to a growing asset-light marine services biz with recurring FPSO maintenance revenue and a net cash B/S"
X Link 2025-11-29T12:25Z 32.5K followers, [----] engagements
"Despite the transformation the market still misprices BEZ. An asset-light business with a durable niche shouldnt trade at a mid-single-digit multiple. The market remains anchored to its past. Fair value is at least 2x as execution continues and cash is deployed"
X Link 2025-11-29T12:25Z 32.5K followers, [----] engagements
"5/ charlie479 (Mohnish Pabrai) active [------] (6 wins in [--] pitches highest hit rate). Winning pitch (Feb 09): Telemig Celular Brazil wireless operator at just 2.9x EBITDA. Thesis: controlling shareholder Vivo kept increasing ownership; clear synergies + takeout target"
X Link 2025-11-30T11:28Z 31.9K followers, [---] engagements
"6/ will579 active [------] (6 wins). Winning pitch (Apr 10): short Eastman Kodak. Stock was up 100% YTD but the turnaround was just one-time IP licensing from Samsung/LG masking a collapsing cash-burning core. Core EBITDA zero patent tail fading. Filed Ch.11 in 2y"
X Link 2025-11-30T11:28Z 31.9K followers, [--] engagements
"Just finished the new Goehring & Rozencwajg letter worth the time. Im not an energy or commodities guy but if you want a sense of where the market might be heading their letters are must-reads even if you disagree. Link below👇"
X Link 2025-11-30T12:08Z 32.6K followers, 51.6K engagements
"The ultimate [----] Outlook reading list.📚 Ive aggregated the full year-ahead reports from the [--] largest investment banks. Enjoy 👇 1) Goldman Sachs: 2) J.P. Morgan: 3) HSBC: 4) Wells Fargo: 5) Barclays: 6) BNP Paribas: 7) Invesco: 8) LaSalle: 9) T. Rowe Price: 10) Allianz: 11) S&P Global: 12) BlackRock: 13) Deloitte: 14) ING: 15) LaSalle: https://www.lasalle.com/wp-content/uploads/2025/11/ISA_Outlook_2026_Europe_chapter.pdf https://think.ing.com/uploads/reports/FX_Outlook_2026_Nov_2025.pdf"
X Link 2025-12-01T09:56Z 32.1K followers, [--] engagements
"The ultimate [----] Outlook reading list.📚 Ive aggregated the full year-ahead reports from the [--] largest investment banks. Enjoy. 👇 1) Goldman Sachs: 2) J.P. Morgan: 3) HSBC: 4) Wells Fargo: 5) Barclays: 6) BNP Paribas: 7) Invesco: 8) LaSalle: 9) T. Rowe Price: 10) Allianz: 11) S&P Global: 12) BlackRock: 13) Deloitte: 14) ING: 15) LaSalle: https://www.lasalle.com/wp-content/uploads/2025/11/ISA_Outlook_2026_Europe_chapter.pdf https://think.ing.com/uploads/reports/FX_Outlook_2026_Nov_2025.pdf"
X Link 2025-12-01T10:01Z 32.6K followers, 126K engagements
"Spread on $FONR privatization is way too wide. - Highly asymmetric setup - 23% spread with limited downside - Controlling family has no reason to keep it public - Def. agreement is likely soon p.s. currently offering 30-day free trial to my blog so be sure to check it out"
X Link 2025-12-01T19:11Z 32.7K followers, [----] engagements
"2/ aviclara181 (active 2007-present) - [--] wins - Member with one of the highest average ratings per pitch - Long/short value investor mostly focused on mid-cap equities - My favourite pitch: $TEVA 3x'ed in less than two years"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"3/ todd1123 (active 2008-present) - [--] wins - Majority of pitches are fixed-income security trades - Equity ideas are mostly focused on cyclical turnarounds - My favourite pitch: $CLMT +200% since (and hes back in)"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"4/ rii136 (active 2007-present) - [--] wins - Member with the highest number of wins in VIC history - Special situations / event-driven value investor - My favourite pitch: $SHLX eventually acquired returned 50%+ within a year"
X Link 2025-12-02T10:34Z 32.5K followers, [----] engagements
"5/ Ray Palmer (active 2013-present) - [--] wins - Top [--] by number of wins over the last decade - Special situations / event-driven investor focused on mid caps - Favourite pitch: Twitter merger arb returned 35% in five months"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"6/ will579 (active 2001-2014) - [--] wins - Retail-focused long/short equity investor - Long ideas skewed toward deep value - My favourite pitch: Eastman Kodak 100% return on the short; filed Chapter [--] less than two years"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"7/ miser861 (active 2003-present) - [--] wins - One of the longest-tenured VIC members still active today - Global large-cap value ideas - My favourite pitch: $WFC returned 100% in one year"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"8/ issambres839 (active 2003-present) - [--] wins - One of the longest-active members on VIC and tied for first in total wins - Focused on obscure beaten-down companies and industries (cannabis MLPs etc.) - My favourite pitch: PNWIF acquired by Staples in 2014"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"9/ sandman898 (active 2004-2014) - [--] wins - Value-focused investor mostly in large caps - My favourite pitch: $FIS particularly love the line Shares have recently fallen out of favor due to misunderstood exposure to mortgages written right before the GFC"
X Link 2025-12-02T10:34Z 32.6K followers, [----] engagements
"Merger arb with mispriced risk - 18% spread - Backed by holders controlling 37% of shares - Shareholder approval looks highly likely - No regulatory or antitrust overhang - Setup points to a clean Q1 [--] close Subscribe to SSI for full access"
X Link 2025-12-02T15:59Z 32.6K followers, [----] engagements
"21. @gatorcapital (Value) [--]. @InvestorPilk (Value) [--]. @Fairlight_Cap (Value + Special sits) [--]. @vdmandele (Value) [--]. @_Tourlite (Value + Special sits) [--]. @DeepSailCapital (Value) [--]. @JamesHollier24 (Value) [--]. @Headwaters_Cap (Value) [--]. @SagaPartners (Value) [--]. @WhiteBrookCap (Value) [--]. @TMR_Capital (Value + SSI) [--]. @Bonhoeffer_KDS (Value + SSI) [--]. @HaydenCapital (Value) [--]. @dsmoak98 (Value) [--]. @Whit_Huguley (Value) [--]. @OSA_Rochester (Value) [--]. @saltlightfunds (Value + SSI) [--]. @buckleycapital (Value) [--]. @AltaFoxCapital (Value + SSI) [--]. @Dan_Roller (Value + SSI)"
X Link 2025-12-03T10:00Z 32.5K followers, [----] engagements
"41. @AboveAvgOdds (Value + SSI) [--]. @Choice_Equities (Value + SSI) [--]. @GWInvestors (Value + SSI) [--]. @massifcap (Value + SSI) [--]. @BrownAdvisory (Value) [--]. @davidein (Value) [--]. @HalvioCapital (Value) [--]. @MillerValue (Value) [--]. @kingdomcapadv (Value + Special Sits) [--]. @RJInvMgmt (Value) [--]. @BobRobotti (Value) [--]. @TAMIM_A_M (Value) [--]. @horosfunds (Value) [--]. @CrossroadsOnX (Value) [--]. @davidhpolansky from Immersion (Value) [--]. @HorizonKinetics (Value) [--]. @MattPetersonCFA (Value) [--]. 13D Activist Fund (Special Sits) [--]. Emeth Value (Value) [--]. Rewey Asset Management (Value) [--]. L1"
X Link 2025-12-03T10:00Z 32.5K followers, [----] engagements
"@thefartingchimp @AboveAvgOdds @Choice_Equities @GWInvestors @massifcap @BrownAdvisory @davidein @HalvioCapital @MillerValue @kingdomcapadv @alluvialcapital This is not a list of Twitter accounts to follow. Its a list of funds with active letters which Alluvial does provide. You can still go to his Twitter handle and find links to the website with all the letters thats the point of tagging him"
X Link 2025-12-03T13:56Z 32.5K followers, [---] engagements
"My favorite M&A deals. A detailed list of the top [--] underfollowed arb setups with expected overbids and wide spreads. Full research and pitches are available on SSI. P.S. The free trial for my blog expires tonight so be sure to check it out"
X Link 2025-12-03T19:00Z 32.6K followers, 13.3K engagements
"I was clearly too conservative on $SCHL RE. - [--] property sales w/ $400m net proceeds vs my $200250m est. - Stock +30% since July yet no reaction to the sale announcement perhaps due to pricey leasebacks. - Even so looks cheap at 2.5x lease-adj. [--] EBITDA. Any thoughts Hidden RE play over at $SCHL Prominent publisher and distributor of children's books is looking to monetize its prime NYC real estate assets. The sale of excess capacity at its HQs + retail space could fetch $200250m. Operations at 4x EV/EBITDA with zero net debt. 👇 Hidden RE play over at $SCHL Prominent publisher and"
X Link 2025-12-05T16:03Z 32.6K followers, 12.8K engagements
"Timely merger arb w/ closing expected shortly. - Despite the recent sell-off on soft quarterly results the deal likely proceeds. - Buyer knew the issues yet still signed the def. agreement owns 40% and is fully committed to the turnaround. - The spread is way too wide"
X Link 2025-12-05T19:00Z 32.6K followers, [----] engagements
"$DND.TO is ripping up 30% since the end of Nov Co just settled with Onemove run by the former CEOs brother reinforcing the thesis that the board is a willing seller. As reminder Former CEO rumored to be pursuing a $5.72/shr buyout. IMO the easy money is already made. $DND.TO was one of the best VIC shorts recently. Deep DD author even got a cease-and-desist😅 Stock is down 82% since. Now former CEO Matthew Proud (ousted by activists) is trying to buy it back rumored $5.72/share vs $3 today. Approach confirmed price undisclosed👇 https://t.co/xaTMaNJYlt $DND.TO was one of the best VIC shorts"
X Link 2025-12-09T09:58Z 32.6K followers, [----] engagements
"$SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier on no news and now despite shareholder approval it is still sitting at roughly 5%. Curious setup indeed"
X Link 2025-12-10T16:19Z 32.6K followers, 17.5K engagements
"One of the best VIC shorts Ive read recently. $SMR is a major small modular reactor name first mover in the space. Truly impressive work by StockOperator. Essentially calling it promotional or even fraudulent. Stock is down 50% since the pitch more to go👇"
X Link 2025-12-10T19:00Z 32.7K followers, 12K engagements
"Someone is loading up on $KORE. The stock is up 11% on elevated volume since yesterday and the spread has tightened to 9%. Downside remains uncertain but the probability of this deal closing looks solid. Sub 5% spread is probably the level to take profits. Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇 https://t.co/odRUUbxEeR Yet another small-cap privatization with a 20%+"
X Link 2025-12-11T09:57Z 32.9K followers, [----] engagements
"Great pitch by Hayden Capital on 215A.T - Japans dominant spot-work platform with 7080% mkt share - Unmatched fill rates along with winner-take-most flywheel - Asset-light scaling fast margins heading toward 3040% - Credible 3x+ multiyear upside👇"
X Link 2025-12-11T17:43Z 32.7K followers, 10.5K engagements
"Happy to see such a quick outcome. $SOL spread fully closed. Taking chips off the table and moving on. Clean 12% profit in under a week. $SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier on no news and now despite shareholder approval it is still sitting at roughly 5%. Curious setup indeed. https://t.co/lCUZ8V4ynO $SOL merger arb is moving fast. Shareholder approval just came in. The spread closed from 13% to 5%. This one continues to trade strangely. The spread widened earlier"
X Link 2025-12-12T10:56Z 32.6K followers, 11.5K engagements
"Great pitch on $RLGT from @1MainCapital - Underfollowed non-asset 3PL trading at 5x norm. EBITDA - Founder-CEO with real skin in the game (owns 22%) and a strong capital allocation track record - Playing offense via M&A positioning for the cycle turn as a larger company"
X Link 2025-12-12T16:00Z 32.8K followers, [----] engagements
"13D Activist Fund pitch on $WK - High quality SaaS with near monopoly economics in SEC filing software - Bloated SG&A and founder controlled dual class structure suppress margins and valuation - Irenic Capital pushing for governance changes or a potential sale - 4060% upside"
X Link 2025-12-16T19:00Z 32.7K followers, [----] engagements
"Another low-risk odd-lot arb in the bag. $TTSH played out exactly as expected netting $720 per odd-lot account. Holders of fewer than [----] shares will be cashed out at $6.60/share"
X Link 2025-12-17T10:25Z 32.9K followers, 10.1K engagements
"Privatization of looks likely - HK luxury retailer at 30% discount to net cash - Founder nearly took it private at HK$7.20 failed by a razor-thin margin - Likely rebid with a higher offer by Jul [--] - Up 10% since write-up still 20%+ upside remains http://0113.HK http://0113.HK"
X Link 2025-12-17T16:00Z 32.7K followers, [----] engagements
"$BNXA.V up +15% on a strong takeover update - Key UK & Dutch regulators approved - US approvals in [--] of [--] states; last one expected soon (waivable) - Effective date set for Jan [--] 2026; outside date Jan [--] - c. 4% spread left deal largely de-risked. This was a wild ride. $BNXA.V merger looks interesting. All-cash buyout at C$1.55/shr with the spread at 27%. Shareholder approval has already been granted. Key hurdle: obtaining multiple licensing and regulatory approvals. Keep in mind: messy backstory + governance baggage explain the discount.👇 $BNXA.V merger looks interesting. All-cash buyout"
X Link 2025-12-18T14:05Z 32.6K followers, [----] engagements
"Some interesting moves at $LEE Hoffman backstopped a $50m private placement at $3.25/share and becomes board chair. Long-time CEO forced into retirement. Interest on debt cut from 9% to 5% ($90m in total savings over [--] years). Looks interesting with Hoffman in charge. Hoffman is back with yet another letter to $LEE's board mostly focused on governance and strategic changes. Also they continue to insist on the removal of the poison pill and reiterate their willingness to infuse capital (see thread below). I guess he still wants to take Hoffman is back with yet another letter to $LEE's board"
X Link 2026-01-05T11:31Z 32.7K followers, [----] engagements
"Time to take chips off the table on $KORE. The spread has narrowed to 5% from 20%+ with no meaningful updates in recent weeks. Given this is still a non-binding bid r/r here is no longer attractive. Though the spread could easily widen so stay alert. Yet another small-cap privatization with a 20%+ spread. $KORE is being taken private for $5/share in cash by two reputable PE firms. The buyer group already owns 37% of the company and controls [--] of [--] board seats. Signing a definitive agreement seems highly likely👇 https://t.co/odRUUbxEeR Yet another small-cap privatization with a 20%+ spread."
X Link 2026-01-06T16:31Z 32.9K followers, [----] engagements
"Pitch on mission-critical Japanese co 7734.T by Baumann Capital - Industrial safety biz with dominant mkt share in gas detection for semiconductor fabs - Regulation-driven recurring revenue with significant switching costs - Multi-year compounding tailwinds from AI capex boom"
X Link 2026-01-07T15:58Z 32.8K followers, [----] engagements
"$SOHOO buyout worth a punt - Both preferred and commons are being cashed out - Yet the mkt is pricing the two share classes very differently - Preferreds trade at a 10%+ spread while commons trade at less than 5% - Bet on the preferred stock looks highly attractive"
X Link 2026-01-07T19:26Z 32.8K followers, [----] engagements
"$MODG's Topgolf sale is finalized - Valuation came in slightly above rumors and the deal covers 60% of the equity. - Net proceeds totaled $800m. - Co also repaid $1bn in debt and authorized a $200m buyback. - Shares are up 20% since rumors levels (better than I expected). WSJ reports $MODG may have a buyer for Topgolf Leonard Green rumored at $1B Assuming thats equity value otherwise a big disappointment RemainCo at 10x EBITDA (seems fair) Not seeing much upside. Any thoughts https://t.co/29ThkAOKA2 WSJ reports $MODG may have a buyer for Topgolf Leonard Green rumored at $1B Assuming thats"
X Link 2026-01-08T16:00Z 33K followers, [----] engagements
"$VMC.AX played out exactly as expected. QGold bumped its bid from A$0.17 to A$0.21/share. With no rival bidder in sight the higher-offer thesis is effectively closed out. Smaller bump than hoped but still 10% above write-up levels in just [--] weeks"
X Link 2026-01-09T09:23Z 32.8K followers, [----] engagements
"Another merger moving in the right direction this year. Shareholder approval at the $FO.V subsidiary level has been secured satisfying one of the key closing conditions. The spread has narrowed to under 5% from 30% at the time of the pitch. Closing reaffirmed for Q126"
X Link 2026-01-12T15:12Z 32.9K followers, [----] engagements
"$DOM.L pitch by Palm Valley Capital - Undisputed leader in UK pizza delivery with 54% mkt share - Continues to gain mkt share even as industry volumes decline - Top-line slowdown largely cyclical - Trades at record low 9x EPS w/ 6% divi yield despite stable fundamentals"
X Link 2026-01-12T19:01Z 32.9K followers, 12.2K engagements
"St. James Investment Company just released another great essay. Sharp take on todays markets and the growing risks of passive investing. One of the best year-end letters out thus far👇"
X Link 2026-01-13T17:53Z 32.8K followers, [----] engagements
"@GuyImpatient @Hedgeye I am involved here as well. Looks interesting for sure"
X Link 2026-01-13T17:55Z 32.9K followers, [---] engagements
"Based on the current pipeline new capacity could ramp to 45K units annually $300M revenue and 30% adj. EBITDA. Valuing the company at 20x mid-term EBITDA in line with precedent deals in the space suggests potential 6x upside"
X Link 2026-01-14T15:42Z 32.8K followers, [----] engagements
"6/ $MCCK pitch by @HalvioCapital Deeply undervalued industrial HVAC and metal-forming biz. Core operations are stable profitable and recession-tested. The key caveat: the CEO (75% owner) has been using company cash to trade commodities creating noise in the financials"
X Link 2026-01-14T15:42Z 33K followers, [----] engagements
"While its far from ideal to have a commodity hedge fund sitting inside a steady manufacturing business the trading has been surprisingly successful. Cash and the commodity portfolio now total $300m vs. a $420m market cap"
X Link 2026-01-14T15:42Z 33K followers, [----] engagements
"This setup offers meaningful downside protection. The core business trades at 5x EV/EBIT vs large HVAC peers in the high teens and niche industrials at least high-single-digit EV/EBITDA. Valuing MCCK at 7x EBITDA (recent private comps) implies $85/share vs $56 today"
X Link 2026-01-14T15:42Z 32.8K followers, [----] engagements
"7/ $NRP pitch by @GreystoneCap A coal royalty biz run by an aligned mgmt team with a 30% stake. Co trades at a normalized divi yield of [--] to 15% with strong durability across varying coal price environments supported by at least [--] years of reserves in the ground"
X Link 2026-01-14T15:42Z 33K followers, [----] engagements
"Beyond its core biz $NRP owns 49% of the worlds leading low-cost soda ash producer a key commodity for glass chemicals and more. Based on the [----] buyout price for the other 51% this stake alone represents 35% of NRPs mcap"
X Link 2026-01-14T15:42Z 33K followers, [----] engagements
"8/ $TBCG.L pitch by Blue Tower Largest bank in Georgia with 40% market share and duopoly economics alongside Bank of Georgia. LT ROEs 22% rising to 26% recently as digitalization boosted efficiency deposits and profitability. Yet shares trade at just 5x 2025E P/E"
X Link 2026-01-14T15:43Z 33K followers, [----] engagements
"The real growth driver is Uzbekistan: a 38m-person market liberalizing its banking sector. TBC Uzbekistan already has 19.7m customers (half the population) and 17% share of unsecured consumer loans achieved in [--] years while remaining profitable"
X Link 2026-01-14T15:43Z 33K followers, [----] engagements
"With a dominant Georgian core explosive Uzbekistan growth and conservative capital ratios $TBCG combines high ROEs scale and structural growth at a deep EM discount. Execution so far suggests Uzbekistan could eventually surpass Georgia as the main profit engine"
X Link 2026-01-14T15:43Z 32.9K followers, [----] engagements
"@JonCukierwar 10/ $7952.T pitch by @HalvioCapital Kawai controls 21% of the global piano market yet trades at just 0.6x book. New CEO targets 15B op profit in [--] yrs. Even hitting the 3-yr goal of 5B would value it at 4.8x EBITDA leaving big re-rating potential"
X Link 2026-01-14T15:44Z 32.9K followers, [----] engagements
"@JonCukierwar @HalvioCapital For comparison Steinway was acquired at 14.5x EV/EBITDA and later drew $1B buyout interest at 15.5x. If Kawai executes and garners even half those multiples the stock offers significant upside from todays depressed valuation"
X Link 2026-01-14T15:44Z 32.9K followers, [----] engagements
"Fallen angel in the late innings of a turnaround - Potential 50-100% upside with an earnings inflection approaching - Trading on LTM 6x EBITDA and 12x FCF ex. SBC - Catalyst expected as early as next month - Most of the bear case is already priced in limiting downside"
X Link 2026-01-15T16:00Z 33K followers, [----] engagements
"Merger arb with 20% spread + spinco - Closing delayed due to buyer not wiring funds on time - Outcome hinges on buyer securing cash seems likely - Large deposit already at risk - Deadline extended by target's mgmt signaling their confidence - Stock at pre-announcement levels"
X Link 2026-01-16T16:01Z 33K followers, [----] engagements
"$ONIT is up nearly 40% since my initial post. The thesis is still technically in play and much of the move reflects a broader lift in loan servicers. But given ONITs complex BS and a multiple that has re-rated to more reasonable levels this looks like a good exit point. $ONIT is a cheap loan servicing biz that went through the wringer between [----] and [----]. A turnaround began in [----] when new management came in through a merger. Today its an interesting hidden asset play + rumors of a potential sale. Co trades meaningfully below peers. 👇 $ONIT is a cheap loan servicing biz that went through"
X Link 2026-01-19T12:00Z 32.9K followers, [----] engagements
"- Saba wants the board to approve $WPK.L liquidation by Feb [--]. - If not Saba is prepared to escalate and pursue every available path to force an outcome. - Prominent value investor Roditi owns 30%. - Notably Roditi upped his stake soon after the activist letter came out"
X Link 2026-01-20T10:09Z 32.9K followers, [----] engagements
"The worlds greatest compounders aren't built by accident. They are forged by invisible environments and feedback loops. Tsai Capitals new annual letter is a masterclass in: - Systems theory - Network effects - Long-term philosophy A roadmap to finding the next multibagger👇"
X Link 2026-01-21T15:56Z 33K followers, [----] engagements
"@FriendlyCapMgmt @hkuppy We are talking about returns since inception. In certain years they can underperform; that is absolutely normal"
X Link 2026-01-22T12:14Z 33K followers, [---] engagements
"So the US confirms aliens exist and the market crashes Makes sense. The Bank of England planning for an alien-triggered financial crisis is peak 2026😅 Forget 'First Contact' diplomacy has anyone thought about the shareholders It's a serious article btw👇"
X Link 2026-01-22T19:10Z 33K followers, [----] engagements
"Ennismore Fund pitch on $SAF.DE - Top-2 player in multiple oligopolistic niches - Seen as cyclical yet the majority of profits are driven by high-margin aftermarket segment - Cycle near bottom; sales growth returning in '26 - 65% upside at 13x '26 EBIT"
X Link 2026-01-22T21:00Z 33K followers, [----] engagements
"1/ - 20% spread in a bidding-war is enticing - However R/R is just too bad here - Most of the value is in the brand which from a quick look doesn't seem that valuable - Plus operational challenges persist due to escalating tariff war with China (a key sourcing region)"
X Link 2026-01-24T16:39Z 33K followers, [----] engagements
"2/ - Founder group is fully in control - They are incentivized to reject the Lemonis bid and wait for a better opportunity to take $BARK private (at lower prices) - Boards silence on the new bid isn't reassuring - All of this comes with a c. 40% downside to pre-bid levels"
X Link 2026-01-24T16:39Z 33K followers, [----] engagements
"American Realty Capital Healthcare (HCT) - Odd Lot Tender Offer - $87 Gain $HCT http://t.co/beEeV5nLNb http://goo.gl/LATdAz http://goo.gl/LATdAz"
X Link 2015-07-03T10:01Z 32.8K followers, [--] engagements
"Intervest Bancshares (IBCA) - Merger Abritrage - 5% All Stock Spread $IBCA http://t.co/y6XrY9CBhV http://goo.gl/520Yqv http://goo.gl/520Yqv"
X Link 2015-08-14T10:01Z 31.2K followers, [--] engagements
"Special Situation Investment $WING https://goo.gl/AxIWCL https://goo.gl/AxIWCL"
X Link 2017-05-17T12:40Z 32.8K followers, [--] engagements
"Market misunderstood $WING Q1 results. Irrational algo trading. http://www.specialsituationinvestments.com/2017/05/wingstop-wing-irrational-algo-trading-10-upside/ http://www.specialsituationinvestments.com/2017/05/wingstop-wing-irrational-algo-trading-10-upside/"
X Link 2017-05-17T13:28Z 32.8K followers, [--] engagements
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