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[@eriksen_tim](/creator/twitter/eriksen_tim)
"$FCNCA up $XXX today to $2230 per share. That puts the value of $SBNC's ownership of FCNCA at $6200 per share of $SBNC. If we assume XX% tax that is still nearly $5k per SBNC share. The SBNC stub is valued at $1700 per share ($6700 market price less the FCNCA holdings) and has annual earnings of $XXX. So 3x earnings net of the FCNCA holdings"  
[X Link](https://x.com/eriksen_tim/status/1854232993558343785) [@eriksen_tim](/creator/x/eriksen_tim) 2024-11-06T18:42Z 11.3K followers, 9795 engagements


"Cedar Creek Partners Q2 investor letter released. Fund up XXX% in Q2 XXXX% YTD. $ENDI $SODI $PCHM $PHIG $PROM $FIEB $PDRX $ROYTL $PDRX"  
[X Link](https://x.com/eriksen_tim/status/1948099675455893942) [@eriksen_tim](/creator/x/eriksen_tim) 2025-07-23T19:15Z 11.3K followers, 18K engagements


"Great quarter but I think $MUEL goofed their financials. $11629000 of earnings divided by 930000 shares is $XXXXX per share not $XXXXX. It looks like they somehow included March EPS and June EPS in the June EPS number. The six months number also seems to have March EPS counted twice"  
[X Link](https://x.com/eriksen_tim/status/1948862863407546377) [@eriksen_tim](/creator/x/eriksen_tim) 2025-07-25T21:48Z 11.3K followers, 1889 engagements


"Cedar Creek and Shipyard Capital @CapitalShipyard filed letter today on $ROYTL noting why we think trustee should reject ARO claim by operator"  
[X Link](https://x.com/eriksen_tim/status/1588277728243224577) [@eriksen_tim](/creator/x/eriksen_tim) 2022-11-03T21:11Z 11.4K followers, XX engagements


"$ROYTL special meeting this morning. Preliminary results are that unitholders approved Proposal X to replace trustee. Received XX% support. Proposal X did not get approval from XX% of unitholders since only XX% voted. It had XX% support"  
[X Link](https://x.com/eriksen_tim/status/1679153398384562176) [@eriksen_tim](/creator/x/eriksen_tim) 2023-07-12T15:39Z 11.4K followers, 7719 engagements


"Deep dive on $ROYTL. Hope it is helpful"  
[X Link](https://x.com/eriksen_tim/status/1849281418242957328) [@eriksen_tim](/creator/x/eriksen_tim) 2024-10-24T02:47Z 11.4K followers, 2867 engagements


"Cedar Creek Partners Q3 letter released. Q3 XXX% YTD XXXX% net. Weighted ave. holding is at X times our earnings estimate. PharmChem $PCHM and Propel $PROM bought out. First IC $FIEB expected close in Q4. $SODI $CZBS $ENDI $SLBK $PHIG"  
[X Link](https://x.com/eriksen_tim/status/1980759026960039972) [@eriksen_tim](/creator/x/eriksen_tim) 2025-10-21T22:12Z 11.4K followers, 10.4K engagements