Published a deep dive with some scenarios as we see it on $PLBY. Weighted average of outcomes is $5.

Report at PLBYdd.com

Assets.PLBYdd.com & model.PLBYdd.com for additional details

Thinking of shifting some of my $VTNR allocation into $PBF ... anyone have thoughts on either?

We'll be broadcasting the $NFLX earnings call when it kicks off in two hours, followed by some analysis & discussion. Would love to have some Netflix bulls & bears join!

If you haven't read Seth Klarman's Margin of Safety, or if you have and would enjoy a refresher,

@wookcapital's book club will kick 2023 off with a two hour discussion on the value investing classic Jan. 31st at 8PM ET. We'll be hosting these on the last Tuesday of each month.

Join our Discord at Wook.gg, the only barrier to entry is that we ask that you introduce yourself! You can also sign-up for our weekly newsletter (https://t.co/ZYUjwMbjgm) and join our weekly Spaces (https://twitter.com/i/spaces/1kvJpmpebMoxE?s=20) at the close on Fridays where we cover highlights from the week and assorted market/investment related topics. We believe that through crowdsourced research investment alpha is achievable, learn more about us here: https://wookcapital.com/about-us/

PA allocations (some include options) 1/6:

37.5% cash ( $XHLF & $SGOV )

13% $ALSN (+CCs)

10.1% $BTI

8.5% $PLBY

5.5% $DOLE

4.6% $EOG

3.8% $GRVY

3.7% $OSTK

2.5% $VTNR

2.1% $IMXI

1.8% $ATTO

1.5% $GOGO

1.2% $TTI

1% $DSKE

0.3% $PBR

~2% $AAPL+ $QQQ+ $SPY P

Tiny $TPB, $ASTS, $MSOS CSPs

Feel free to discuss below, please respond to my Twitter Poll:

Multiple is that of a rental/leasing company, yet 2022F gross revenue is to be 53% from logistics division… look at the gap between $GXO & you can appreciate why they rejected an offer for $86/sh in June. I worked there in Corporate Strategy until Dec 2021, believe management would see upside beyond a double from current levels based on SotP.

These sentiments are fantastic to hear, and largely align with my crude (pun intended) understanding of the current marketplace. Given their skew to distillate production from the 75k bpd former Shell Mobile, AL refinery (closed April 1st) it appears they'll have paid for the refinery ($75M) with just 2Q22's FCF. Renewable diesel project value also appears discounted at current price, long still looking to add on weakness ahead of earnings next month.

https://commonstock.com/post/4e6a4e3c-b8dc-47c5-880c-ccc1505a4dc7 by @parrot