I got out of NLOP cuz I think most of the money's been made now and we're getting much closer to those interest rate caps expiring.
SOLV was something I bought on the dip after the spin-off but sold late last year. I think it'll take some time to see what management does. Performance does seem to be languishing now.
I own a lot of IMXI and have been looking forward to their investor day February 26th. Thanks for keeping us all up to date!
Thanks so much for doing these, it's a great service and they are very appreciated.
The upcoming delisting of Tigo/Millicom in Stockholm might be a decent fit for your list. Lots of institutional capital leaving (historically traded volume has been 2/3 in Sweden and 1/3 in the US) because of this and trading will be only on Nasdaq from mid-March.
I got out of NLOP cuz I think most of the money's been made now and we're getting much closer to those interest rate caps expiring.
SOLV was something I bought on the dip after the spin-off but sold late last year. I think it'll take some time to see what management does. Performance does seem to be languishing now.
I own a lot of IMXI and have been looking forward to their investor day February 26th. Thanks for keeping us all up to date!
Thanks so much for doing these, it's a great service and they are very appreciated.
The upcoming delisting of Tigo/Millicom in Stockholm might be a decent fit for your list. Lots of institutional capital leaving (historically traded volume has been 2/3 in Sweden and 1/3 in the US) because of this and trading will be only on Nasdaq from mid-March.
Here's the PR: https://www.globenewswire.com/news-release/2024/11/29/2989153/0/en/Millicom-Tigo-intends-to-consolidate-listing-of-shares-on-NASDAQ-U-S-by-delisting-SDRs-from-Nasdaq-Stockholm-and-resumes-shareholder-remuneration.html
I have also written extensively on it on my Substack.
Love these Monday editions! We’ve owned Solventum, NLOP and Intermex on this list. Still own IMXI and the investor day is approaching next month.
Anyone interested in an IMXI write-up?
Definitely recommend subscribing to @ToffCap! We just did!