Levered Value

Personal Journal | Credit | Value

[Levered Value @TselCapital]

https://t.co/Siut5uwVmZ re-rated today. Still quite cheap to market comps. Next level after breaking L90s should be $150 if you believe the growth story on the AI product. $MNDY.

[Levered Value @TselCapital]

$MNDY is mispriced.

Stock at ~$76, strip out $1.5B of cash, EV of $2.3B for:

• $1.23B FY ‘25 revenue (+27% y/y)
• $322M FCF (26% margin)
• 110% NRR
• 250,000 customers globally
• growing upmarket

Priced to close to a run-off scenario at 1.7x ARR.

[Levered Value @TselCapital]

Not investment advice. Currently long $MNDY.

[Levered Value @TselCapital]

@memoizing @visegrad24 @TweetHelperBot Can you pls send me training videos of 8 year olds being told Palestinians are “dogs meant to killed”? Or do those not exist?

[Levered Value @TselCapital]

@martinvars @TweetHelperBot frame this

[Levered Value @TselCapital]

@thedebralea Mode Ani

[Levered Value @TselCapital]

@Efune @TweetHelperBot frame this

[Levered Value @TselCapital]

@HenMazzig @TweetHelperBot frame this

[Levered Value @TselCapital]

@AGHamilton29 @TweetHelperBot frame this

[Israel ישראל @Israel]

Justice justice we shall pursue.

We will find each and every one of the Hamas animals who did this.

[Gunther Eagleman™ @GuntherEagleman]

Remember when the Palestinians celebrated the deaths of 3000 Americans on 9/11…

No more refugees!

[Levered Value @TselCapital]

@TomScibelli #yankees desperately need to sell at deadline please

[Levered Value @TselCapital]

They don’t know I was a monetarist before it was cool… 😞

[Genevieve Roch-Decter, CFA @GRDecter]

Money supply growth ▶️ Inflation

It's not a mystery

Now that M2 money supply growth is negative, inflation will cool quickly

The new risk could be deflation