Dominick D’Angelo

Director of Research at O’Keefe Stevens Advisory
Substack:

[Dominick D’Angelo @DomInvests42]

Really enjoyed chatting with @stockspinoffss about Topgolf, Callaway, and $MODG. We dug into the Topgolf sale, capital structure, what the 40% stake really represents, and how the core golf business looks from here. Always fun to talk golf and investing at the same time. https://t.co/H3t4nOJrxe

[Dominick D’Angelo @DomInvests42]

$SPHR - Financing package for DC Sphere was approved 8-0. Should be full speed ahead. Earlier this month, there were concerns about the lack of progress surrounding the development. This should alleviate these concerns. https://t.co/y3JG1XCulU

[Dominick D’Angelo @DomInvests42]

@do_em_go I'd like them to continue to pay off debt. I think 27 is going to be worse for them than 26 was.

[Dominick D’Angelo @DomInvests42]

$FPH - Delaying land sales into 2027 should be the least surprising news. Major news at Candlestick: the groundbreaking. My big concern: if they're delaying sales + embarking on SF + diesel through the roof, how are they viewing the health of the B/S? Not good that the creme de la creme Great Part, has to delay sales. Can only guess what that means for Valencia. Tetra Tech lawsuit is still outstanding and would be a nice win for the company if that can get resolved.

[Dominick D’Angelo @DomInvests42]

@do_em_go If they sell SF land in 28, that would alleviate many concerns.

[Dominick D’Angelo @DomInvests42]

I'll give my anecdotal comment: When I went out there and visited a month ago, I toured some Tri Pointe Model homes. I received several calls since I went through them about purchasing a home. When I was out there 2 years ago, they never followed up. Could be a sign of better management, or that they are trying to get anyone to buy.

I agree with don't see just to sell. I always struggle with: take a haircut today vs. hold onto non-income (cash-burning) properties, and what is the true roi by holding is.

[Dominick D’Angelo @DomInvests42]

Our summer 2027 Internship is up. Feel free to share with anyone who may be interested.

https://t.co/pSXgEwQ9Eb

[Dominick D’Angelo @DomInvests42]

Flight from ROC to NYC maybe 1/3 full

[Dominick D’Angelo @DomInvests42]

If anyone is attending the FMX investor day, I’d love to meetup at the cocktail reception or afterwards. Looking forward to what they announce. $BGC

[Dominick D’Angelo @DomInvests42]

@Tintincapital Thank you!!

[Dominick D’Angelo @DomInvests42]

Special Day today in Savannah, GA. Glad she said yes!

[Dominick D’Angelo @DomInvests42]

@Bonhoeffer_KDS Thanks, Keith!

[Dominick D’Angelo @DomInvests42]

@FishtownCap Thank you!

[Dominick D’Angelo @DomInvests42]

$FPH - Out in Valencia this morning to see what’s changed from a few years ago.

[Dominick D’Angelo @DomInvests42]

$BGC - FMX vol + OI ramping nicely into their investor day in a month.

[Dominick D’Angelo @DomInvests42]

@sxcoal Good news for $HCC - Blue Creek is exporting much of their production to India

[David Maginn @macwalter_]

Put Ox Alpha in knute for the week! Knute is free for the rest of the week!

https://t.co/RfH5rbZ7na

[Dominick D’Angelo @DomInvests42]

@macwalter_ Tried it myself and it works great. Lots of updates in the pipeline as well. Worried about a late injury that causes you to lose your matchup? Here’s your solution

[David Maginn @macwalter_]

Sharing Knute - an AI agent that manages your fantasy football team.

Was a fun side project and learned a ton building it.

Will share more about how it all came together. Would love if you tried it out! All feedback is appreciated!

https://t.co/0BR5WTKpMG

[Dominick D’Angelo @DomInvests42]

@Zerosumgame33 If the base oils pricing environment holds 12-16 months, $CLMT puts up 4-5 straight quarters of GAAP profitability, even absorbing the noncash RIN accrual- checks the last box of the S&P index eligibility checklist.

The index math at today’s $4.2B market cap: S&P 600 inclusion = ~0.25% weight = roughly $300m of forced passive buying, 3-4 full days of ADV.

If the stock keeps working and it enters at a $9B cap instead ($80-$100 stock) it goes straight into the MidCap 400: ~$450m of gross passive demand.

[Dominick D’Angelo @DomInvests42]

@Zerosumgame33 I'm not good at math but that seems good.