Cigarrfimpar

Searching for Liquidation Oxymoron’s. May have a position in securities mentioned. Tweets are not recommendations.

[Cigarrfimpar @cigarrfimpar]

You can now access the first-ever Liquidation Almanack - a quarterly review of my portfolio of Liquidation Oxymorons (i.e. going concerns selling below liquidation value).

https://t.co/hgJLcN0T46

[Cigarrfimpar @cigarrfimpar]

@PGWahlen @HardcoreHistory Börja med Blueprint for Armageddon, efter 10 min kommer vara du vara hooked. Fantastisk detaljrikedom och en berättarröst som fängslar.

[Cigarrfimpar @cigarrfimpar]

The most important thing you can read today 📖

[Aeon Magazine @aeonmag]

There’s a paradox at the heart of laziness: it takes hard work to be idle – but the effort of doing nothing can pay off. Last week’s most read: https://t.co/83rpfuMgU2

[Cigarrfimpar @cigarrfimpar]

@HolyFinance Nope, that I have not managed to figure out. Its been a while since the last sale though (Feb 2019) if I'm not mistaken.

[Cigarrfimpar @cigarrfimpar]

A write-up of the French Liquidation Oxymoron
Cofidur SA (ALCOF) is now published!

https://t.co/rj1ydUf5J3

[Tobias Carlisle @Greenbackd]

Buffett says, "Price is my diligence," by which he means:

[Cigarrfimpar @cigarrfimpar]

@Gubben89 I thought it was surprising and disappointing to say the least... My opinion of management changed quite a bit as a result of this. For $CUO $21M is a huge amount so I wouldn't say that it's an overreaction.

[Cigarrfimpar @cigarrfimpar]

A write-up on Continental Materials Corp ($CUO) is now published!
https://t.co/2dCyKhGsQe

[Cigarrfimpar @cigarrfimpar]

@dolfdekraai Correct, thanks for pointing that out!

[Vala Afshar @ValaAfshar]

Do not do things that you know are morally wrong. Not because someone is watching, but because you are.

Self-esteem is just the reputation that you have with yourself. You will always know.

—Naval Ravikant (@naval)

[Cigarrfimpar @cigarrfimpar]

@hammerinvesting @wwwclaes That's always a risk I guess, but not a major concern of mine in this case.

[Cigarrfimpar @cigarrfimpar]

A write-up on Trention AB is now published!
https://t.co/cCS60N8Dpq

[Cigarrfimpar @cigarrfimpar]

@wwwclaes @hammerinvesting The take-over rules differ from country to country and even market to market.

[Cigarrfimpar @cigarrfimpar]

@wwwclaes @hammerinvesting He needs 90% for a compulsory redemption of shares ("tvångsinlösen"). The other ownership level of importance is 30% which trigger a mandatory offering to be made ("budplikt").

[Cigarrfimpar @cigarrfimpar]

@hammerinvesting I make that argument taking the current list of large shareholders and the low trading liquidity into consideration.

[Cigarrfimpar @cigarrfimpar]

@hammerinvesting He has made a lowball offer before so he might do it again. However, if he seriously wants to take TRENT private (i.e. reach 90% ownership) he will have to drive the sharerprice up quite a bit I imagine.

[Cigarrfimpar @cigarrfimpar]

@Fralik9 Håller delvis med och du kan mycket väl ha rätt. Tycker dock att bolagets track record sedan 2016 inte är förkastligt till den grad att de idag förtjänar en likvidationsvärdes-värdering.

[Cigarrfimpar @cigarrfimpar]

More interesting news from TRENT published today https://t.co/X8hBhUo7hc

[Cigarrfimpar @cigarrfimpar]

TRENT's 26,4% ownership in Saxlund Group was of a more readily ascertainable asset nature than I had expected yesterday...
https://t.co/cDoomUFOlL

[Cigarrfimpar @cigarrfimpar]

@michael2017l @MicroCapClub @iancassel It might, but for the most part that is an issue related to high monetary and mental costs of going and being a public company in the US. A more favorable perception of microcaps wouldn't change that.

[Cigarrfimpar @cigarrfimpar]

@iancassel @MicroCapClub It's a benefit for the perception of microcap, not for the individual investor trying to outperform! A more favorable perception = more competition = less opportunities. Also, investing is extremely hard, not microcap investing per se (I would argue microcap investing is easier)