My favorite looser stock is LILM I purchased after IPO @ 10$/share, and it’s at 0.88$ today. Basically, I held on for three reasons First, their aircraft looks really cool and not like other VTALs which remind me of upsized drones that kids my neighborhood keep crashing. They are pioneering a lot of new technologies like the electric jet engine; and they have a lot of engineering talent. Second, it just seems like the short-flight urban market is underserved because people don’t want a noisy helicopter landing anywhere near their homes. Third they have a low debt level, and about 195 mil$ in cash. Binary outcome, either will be worth a lot or zero depending on if their design is better than other VTALs and if they can get regularity approval to fly in urban areas.
PayPal and Sofi- for a few reasons. 1) valuation for both looks cheap. 2) The online network scalability PayPal’s offerings 3) The low cost of operation Sofi is likely to have in the future as an online bank.
Hi Matt - would love to hear both your thoughts on PKST (Peakstone) - AFFO yield is shockingly over 25% and implied value is very low. Office portfolio is very high quality with only 5% expiries until 2027 and they are 25% industrial
Good question, I think people might be scared because (1) it's in the office catagory (2) 2/3 of their debt is rolling over in the next couple of years. Currently it's at 4%. Will they be able to refi at such a low rate. That said, according to M*, they have a price/book of 0.35 so at some point this is a bargain.
Thanks, Matt, for an interesting discussion on these three companies, none of which have I ever owned. They just didn't interest me. Good stuff!
Why do you restate the video's content to Matt in every single comment. He doesn't need you to do that.
@@Tendomcgoobin probably matt's grandfather or family relative.
My favorite looser stock is LILM I purchased after IPO @ 10$/share, and it’s at 0.88$ today. Basically, I held on for three reasons First, their aircraft looks really cool and not like other VTALs which remind me of upsized drones that kids my neighborhood keep crashing. They are pioneering a lot of new technologies like the electric jet engine; and they have a lot of engineering talent. Second, it just seems like the short-flight urban market is underserved because people don’t want a noisy helicopter landing anywhere near their homes. Third they have a low debt level, and about 195 mil$ in cash. Binary outcome, either will be worth a lot or zero depending on if their design is better than other VTALs and if they can get regularity approval to fly in urban areas.
PayPal and Sofi- for a few reasons. 1) valuation for both looks cheap. 2) The online network scalability PayPal’s offerings 3) The low cost of operation Sofi is likely to have in the future as an online bank.
Most times when stocks are cheap they are cheap for a reason. Lots of competition in the fintech area so paypal has no moat. Sofi is a meme stock.
Hi Matt - would love to hear both your thoughts on PKST (Peakstone) - AFFO yield is shockingly over 25% and implied value is very low. Office portfolio is very high quality with only 5% expiries until 2027 and they are 25% industrial
Good question, I think people might be scared because (1) it's in the office catagory (2) 2/3 of their debt is rolling over in the next couple of years. Currently it's at 4%. Will they be able to refi at such a low rate. That said, according to M*, they have a price/book of 0.35 so at some point this is a bargain.
what are your thoughts regarding PARA deal
My worst is wbd keep holding due to LOTR, batman and potter lollll