Derek Jacobs

Owner / Operator Site Work Contractor, RE Development, Ex-Levered Credit, Father of 2, Jets/Mets/Badgers

[Derek Jacobs @dereksjacobs]

@ClintT_land Interested

[Derek Jacobs @dereksjacobs]

@JaredVidales Know the finished lot business pretty well. Feel free to DM me to discuss further.

[Derek Jacobs @dereksjacobs]

@TheRealEstateG6 Labor Turnover, Working Capital (Retainage, Vendor Terms) needs and financial analysis (capitalize vs expense R&M, life of equip) are key. EBITDA Margins in the 20s (incl. R&M) realistic. GC relationships key, trade at lower multiple given capital intensity and project based biz

[Derek Jacobs @dereksjacobs]

@TKyle Sounds like a finished lot developer. Hard/ Key part missing is the entitlements prior to improvements.

[Derek Jacobs @dereksjacobs]

@philiphartz Any interest in ground up deal? Zoned by right, nice site, great location. Growing area. Might kill deal with current buyer. Ready to move fast. [email protected] if interested.

[Derek Jacobs @dereksjacobs]

@HarveyLouis12 Any interest in ground up deal? Zoned by right for flex warehouse / self storage, clean site, great location. Growing area. Might kill deal with current buyer. Ready to move fast. DM if interested.

[Derek Jacobs @dereksjacobs]

@Rudolph_Cos Any interest in ground up deal? Zoned by right, nice site, great location. Growing area. Might kill deal with current buyer. Ready to move. DM if interested.

[Bernie Sanders @BernieSanders]

Every time Elon Musk pokes fun at government assistance for the 99%, remember that he would be worth nothing without $4.9 billion in corporate welfare. Oh, Elon just l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

[Derek Jacobs @dereksjacobs]

@EnergyCredit1 $CHK 11.5% payment on 7/1. Secureds trading <$5. Maybe will rally on Ch11 news?

[Derek Jacobs @dereksjacobs]

@econ_713 1776? Where’d you source that one from? @VandelayIndust9

[Derek Jacobs @dereksjacobs]

@WillRayValentin $ENBL should benefit

[David Einhorn @davidein]

Dear @elonmusk @TSLA, More Boring Bonehead Questions

[Derek Jacobs @dereksjacobs]

@EthanHBellamy Blackstone sponsors behind PHP, Grand Prix and Eagleclaw, all run by Jamie Welch, ex-ET CFO.

[Derek Jacobs @dereksjacobs]

@mailboxmoney6 @EnergyCredit1

[Derek Jacobs @dereksjacobs]

@mailboxmoney6 FILO trades in the $30s. Implies <$1B EV while >$300MM market cap behind >$13B of debt & pref. Think they even make the May interest payment?

[Derek Jacobs @dereksjacobs]

@encapped @EthanHBellamy How do I make the cut? I want in

[Derek Jacobs @dereksjacobs]

@EthanHBellamy What’s the consensus on when $CHK files?

[Derek Jacobs @dereksjacobs]

@modestproposal1 $ENTG $CCMP $MKSI are great businesses, relatively immune to date. $ENTG still closing bolt-ons. Q2 guide was flat to up Q/Q.

[Derek Jacobs @dereksjacobs]

@StrapCap Thoughts on $EQM / $ETRN land swap option?

[Derek Jacobs @dereksjacobs]

@brunking @MLPguy $CEQP implied in the release that they have better use of cash (buying back debt @ discount) but hampered by HoldCo loan. FR needs to inject equity, refi / amend HoldCo to allow for better capital allocation. They’ll figure it out.

[Derek Jacobs @dereksjacobs]

@brunking @MLPguy Need to work something out with First Reserve and HoldCo loan lenders. Can’t cut or they default.