FloppedNuts

value investing stuff.

[FloppedNuts @floppednutss]

@BGill1978 Agree this was generally bullish, although the expert’s thoughts on $PESI incremental margin was a bit lower than expected. Think he said 15% on the low end 25% on the high end?

[FloppedNuts @floppednutss]

@jaysyoon $PESI Looks like Ecology moved DOE's glass-or-grout request from a Class 2 to a full Class 3 permit change. Assuming this will add a slight delay? But might not matter as long as it gets approved. https://t.co/wGyJ29BQ1X

[FloppedNuts @floppednutss]

@jaysyoon Why did CH cut their PT on Friday after beating expectations?

[FloppedNuts @floppednutss]

@jaysyoon I wish mgmt would show a little more enthusiasm on these calls. I get not wanting to raise expectations, but dear lord, you’d think they were delivering a eulogy.

[FloppedNuts @floppednutss]

$PESI: Nov 2 Oregon Hanford Cleanup Board agenda lists a WA Ecology item: "Perma Fix capacity information"
Same meeting: PNNL on "Grouting Hanford Tank Waste." First regulator agenda item on PFNW capacity we've seen.

https://t.co/ZrkQkExUUO

[FloppedNuts @floppednutss]

$PESI would surely speed up the process!

[Rep. Dan Newhouse @RepNewhouse]

Earlier this month, the @HanfordVitPlant reached their one-year milestone. To date, the plant has processed more than 250,000 gallons of tank waste.

There is still much work to be done at Hanford, and options like additional supplemental grouting would speed up the work being done while protecting our land and water. However, the progress being made to clean up the Hanford site is deserving of recognition and celebration, and I am proud of the progress we have made thus far.

[FloppedNuts @floppednutss]

@jaysyoon Where would you put the odds on an acquisition before then(mid-late 27)? Seems like a logical target for the bigger waste mgmt cos.

[FloppedNuts @floppednutss]

@HugoNavarroPer2 $PESI

[FloppedNuts @floppednutss]

@DOMOCAPITAL Have you done any work incremental to what Jay Yoon and MT30 have posted? If so, what have you found?

[FloppedNuts @floppednutss]

@jaysyoon Have you spoke with Aaron at CH? Looks like he cut his Q3 EPS estimate a week or so ago. Any idea why?

[FloppedNuts @floppednutss]

@jaysyoon “More conservative” … those are two totally different numbers…. How could this be a conservative estimate? They must be expected rev much much later than anticipated and previously communicated.

[FloppedNuts @floppednutss]

@jaysyoon I would think timing delays like this just bring the multiple from 20-25x range to 10-15 range, which caps upside

[FloppedNuts @floppednutss]

@jaysyoon What are your thoughts on how a dem sweep would impact $pesi ? Govt shutdown -> delays spending? Any risk here?

[FloppedNuts @floppednutss]

@Tintincapital what are these "super optimtistic" assumptions?

[FloppedNuts @floppednutss]

@AG_415 Could be meaningfully higher than 10x too…

[FloppedNuts @floppednutss]

@jaysyoon I’m having trouble understanding how the share price will react tomorrow assuming we get the news we’re hoping for. It seems the market is generally aware of what’s going on given the volume towards close today

[Jay Yoon @jaysyoon]

Another bullish datapoint for $PESI:

The 60 day public comment period for the 200E grout permit modification opened yesterday and runs through Oct 9th. A dedicated public meeting on the permit mod has also been scheduled for Aug 26th.

https://t.co/E07TfFXx0D

Aug 26th is just a day after the earliest date such a meeting can legally be held after the comment period begins. In my view, that is another strong sign that Ecology is broadly supportive of 200E grouting and is moving the permitting process forward as quickly as the regulatory process allows, rather than slow rolling it.

[FloppedNuts @floppednutss]

@EliasMingos @jaysyoon What source are you using for this?

[FloppedNuts @floppednutss]

@Hushmill7 @jaysyoon

[FloppedNuts @floppednutss]

@jaysyoon What’s your view on the alt data landscape for PESI? I work with funds on custom alt data projects (trucking routes, web scraping, cc data, etc). Curious if there are any datasets you think would actually move the needle for underwriting the name