Changing the Toffcap Monday Monitor
(No, it's not a paywall)
First of all, thank you all for subscribing and following. We’ve been publishing here on Substack for roughly a year now and are very happy with the progress so far. What started as a ‘let’s-just-write-about-what-we-see’ kind of blog is now steadily becoming a more mature platform with interest continuing to grow. Many of you reached out to share their appreciation for our content, and we thank you all for that.
Until now we have never provided an update and felt it was time to give you an idea about our intentions and the future of this publication.
We are currently at roughly 3,700 subscribers and growth is accelerating. We put a lot of effort in trying to provide you with useful and original content and the intention is definitely to continue to do so, but also to continue to improve.
As you might know, our publications consist of company write-ups as well as our Toffcap Monday Monitor (TMM), our regular overview of interesting event-driven trades. While we like doing company write-ups (and would love to do more), these depend on the opportunity set available but mostly on time available - we all have pretty demanding full time jobs. For the moment, we’ll keep our ‘ad hoc’ schedule for company write-ups and don’t project big changes in the near term.
However, our TMM is another discussion and the main subject of this update. We are particularly proud of this publication, which continues to grow. We notice that there’s much interest for it and people are (overall) pretty happy with this service.
As a reminder, the focus of the TMM is on interesting event-driven trades; we have no intention to provide a comprehensive list of every announced buyback program, insider trade, C-suite change, etc. There are plenty of sources out there for that. The goal of the TMM is to present a useful base of (potentially) actionable event-driven investments; ideas that pique interest and warrant further research.
On that base, and given the strongly expanding list of actionable ideas, we decided the change the format of the TMM. New ideas and updates will continue to be highlighted on the post, but going forward we’ll be providing a PDF-document for download with the overview of ongoing event-driven trades.
As an example, here is the latest TMM in the new format:
This new format provides a neater overview in our opinion and much more flexibility in terms of what we can present. The above is just the basic example, but we intend to further improve the format and expand it with more (pricing) data, returns, links and whatever we can come up with that’ll make it more all useful.
We hope you’ll find this an improvement. If you have any other suggestions on how to further improve the publication, feel free to reach out and let us know.
That said, please keep in mind that:
again, the key goal of the TMM is to highlight interesting and actionable ideas, not to provide an exhaustive list of everything event-driven going on. We will continue to expand the TMM as more events are added, but we have no interest in providing a 50p report.
we’re very busy people. We appreciate people reaching out with, let’s say, ‘constructive criticism’. We have dozens of ideas on how to improve the TMM, but we just don’t have the time to implement them all. Nonetheless, we’ll try to steadily continue to improve the TMM.
we are providing this service free of charge, despite significant time and (data-related) expenses. We’re basically subsidizing this service.
One last note that you might find interesting. TMM is published on a bi-weekly basis. The main reason is again the limited capacity available to make it a weekly publication. But, as mentioned, we’re at 3,700 subs. If (once) we reach 5,500 subscribers, we intend to free some capacity to publish TMM on a weekly basis.
So if you want to see TMM published weekly, make sure to like and share, and help us grow!
Thanks for all your hard work!
To be honest, I liked the previous format more as it had updates over any given week and you could glance what has changed in a week. In pdf, we lost that, and feel we have to go over ideas that are already mentioned earlier with no change in the info. E.g. CLMT is still listed as $19 stock.