TunaValue

Shameless cloner with very few original ideas.

[TunaValue @TunaValue]

@cannibalstocks I prefer Autonation, covenant leverage is now over 4 for GPI to AN 2.77 with rising yields that’s not comfortable. I think Greg is buying to stop anymore aquizitions. Also check out Mangements incentives, GPI managers are encouraged to aquire while AN to buyback.

[TunaValue @TunaValue]

@CJ0pp3l The report also mentions... Tessara Blue B.V. (New Dutch Entity): On May 21, 2026, Sygnity incorporated a 100%-owned subsidiary in Utrecht, Netherlands named Tessara Blue B.V. This will help with M&A outside CEE.

[TunaValue @TunaValue]

@varuninvesting Why not buy Sygnity and have the CSU machine without the potential size risk?

[TunaValue @TunaValue]

@NicoperJES @avlans__ @Spencer_Invest Luckily we have Mohnish Pabrais Wagon fund hoovering them up everyday

[TunaValue @TunaValue]

@varuninvesting 100%, addicted to the dopamine checking prices and reading about my investments gives me

[TunaValue @TunaValue]

@IJW121 @valuehurts At a tiny market cap, $DSG trades at <1x sales (vs 3x+ for most serial acquirers).

lets say they cut dev costs and free up £500k. They only need to generate/acquire an extra £100k FCF to grow FCF 20% for the year. Checkout early days of Software Circle.

[TunaValue @TunaValue]

@IJW121 @valuehurts Spot on, But that heavy spend was partly funding the Talentis migration. Post-migration, the thesis here is they'll shift legacy to maintenance, lower CapEx, and flip a portion of that operating cash flow into FCF to help fund the new acquisition strategy.

[TunaValue @TunaValue]

@ardaarkun Why not just buy more CNR and have the Thermal backstop with the Met optionality... they will both generate similar FCF but CNR feels the safer play

[TunaValue @TunaValue]

@david_katunaric Have you looked at $DSG.L? Sub £5m market cap recruitment software co transitioning to a serial acquirer, Matthias Riechert (Software Circle chairman) joined the board in Feb 2026, and Will Thorndike's Sun Mountain Fund holds around 12% as per their IR page (I hold shares)

[TunaValue @TunaValue]

@Gastrader976 @Fin_Eng_Net Flow Traders for me has been a sleep at night portfolio position which I can sell in the next 2020 panic. This slight pivot impacts that quality of sleep. A true black swan event will naturally hurt them if they go from milliseconds to up to a minute holding period. ive reduced.

[TunaValue @TunaValue]

@Gastrader976 @Fin_Eng_Net Flow Traders launching a "deep learning division for directional trading" is a massive regime shift, not just a tech upgrade. Historically, their moat is market-neutral market making. Shifting to short-term directional prop trading entirely alters their risk profile.

[TunaValue @TunaValue]

@varuninvesting Didn't META recognise a $8.03 billion income tax benefit in Q1... so PE more like 23...

[TunaValue @TunaValue]

@DrewCohenMoney Good to see management so optimistic..

Total insider Buys/Sells last 6 months:
Total Buys 0
Tota Sells 110

[TunaValue @TunaValue]

@ardaarkun @johnkmason This seems quite low, is this both Thermal and Met?

[TunaValue @TunaValue]

@silentallocator @LunchInvesting The Bond was paid off today, but i understand the SPK has become much stricter about owners using the "offsetting" method and not actually putting in any cash for the raises, could be why approval is taking longer