Castlerock

I would rather have a moat than a boat.

[Castlerock @_Castlerock_]

Are those drones still flying around?

[Castlerock @_Castlerock_]

@RussellLowery10 Kick everyone out 😂😂😂

[Castlerock @_Castlerock_]

@CapitanoJacko @DadInvest You tell me lol I have no skin in the game

[Castlerock @_Castlerock_]

@citrini What about Tay Keith?

[Castlerock @_Castlerock_]

But on the last 30 days there has been a stark increase drug addicted homeless people. This can easily spiral if not addressed promptly and properly.

[Castlerock @_Castlerock_]

Every city has homeless people. The NYC homeless population is primarily mentally ill persons that happen to use drugs. Other cities homeless populations are primarily drug addicts. I’ve lived here for 14 years there is the usual spring bloom that brings people around.

[Castlerock @_Castlerock_]

Every city has homeless people. The NYC homeless population is primarily mentally ill persons that happen to use drugs. Other cities homeless populations are primarily drug addicts. I’ve lived here for 14 years there is the usual spring bloom that brings people around.

[Castlerock @_Castlerock_]

@DadInvest Is saying the bank name self doxxing? Just go to HR and claim work place harassment.

[Castlerock @_Castlerock_]

@CapitanoJacko @DadInvest Why does the housing market suck then?

[Castlerock @_Castlerock_]

@dampedspring Gaining but it’s not because of my exceptional use of AI or AI. Environment has been conducive to stock pickers. Especially one focused on financial services since the release of Chat GPT

[Castlerock @_Castlerock_]

@BoltsFanStan Doesn’t count. You were next to me when I bought it and you copped the same one 😂

[Castlerock @_Castlerock_]

Last weekend I copped a bucket. Tonight I copped the best 4th of July shirt. 1 comment and I’ll cancel myself.

[Castlerock @_Castlerock_]

@TimyanBankAlert Idk that feels light with index buying.

[Nicholas Craven @NicholasCraven_]

TRAPPER’S ALLEY 3: HELL OR HIGH WATER OUT NOW

[Castlerock @_Castlerock_]

@riceforthought @Rok01T @shlonjay @WagieCapital @TylerHardt 1)How do details keep emerging when everyone declines to comment? 2) Again the math ain’t mathing that’s not enough funding to offer $47.

[Castlerock @_Castlerock_]

@riceforthought @Rok01T @shlonjay @WagieCapital @TylerHardt The market just told you it’s not worth that. Royalty stream with depressed margins at 33.5% operating margins and $300 mil operating income is worth an enterprise value of $1.5 billion. A inferior franchise with half the stores and 10% margins is not worth more.

[Castlerock @_Castlerock_]

@riceforthought @Rok01T @shlonjay @WagieCapital @TylerHardt I’m sorry but shouldn’t the bridge be done by now the news dropped +11 hours ago.

[Castlerock @_Castlerock_]

@WagieCapital @shlonjay @riceforthought @TylerHardt IMO $27 at 8x ebitda is a stretch but best case. It was all a pipe dream they never had funding. PH just capped the valuation. No one will underwrite a take private now at these prices and Irth clearly doesn’t have capital to decrease leverage.

[Castlerock @_Castlerock_]

@shlonjay @riceforthought @WagieCapital @TylerHardt Seriously, what math gets you there? Round numbers - PH ex china $300 mil operating income at $1.5 billion is 5x. $PZZA “adjusted” EBITDA $200 mil at 5x $1 bil. Except PH deal was all cash (EV) so back out $727 mil in debt and you get to a stock of?

[Castlerock @_Castlerock_]

@shlonjay @riceforthought @WagieCapital @TylerHardt How do you get to $47? Please show work...