Ben Allday

Student | Tweets & Ideas are not investment advice

[Ben Allday @Fooahs]

@10009nyny @commonsenseplay Appreciate it! Unfortunate how it worked out, but it's a learning opportunity at the end of the day.

[Ben Allday @Fooahs]

Did some work on $DND.TO given all that's going on. Think it might be interesting at these levels still. Equity is basically a super-leveraged bet on when and how lenders get repaid.

PT of ~$3.10-6.50, good expected value, but gotta size accordingly given its situation.

(1/11)

[Ben Allday @Fooahs]

@BetaDaysOvaHere lmao

[Ben Allday @Fooahs]

$DND.TO Think we see mgmt go the long-term route and say something about strategic alternatives, but nothing about a near-term sale. The setup just seems a bit at odds with that at the moment. Hope it's wrong. Expect lots of governance/mgmt Q's. Don't let pumpers ruin your views.

[Ben Allday @Fooahs]

@commonsenseplay Not much of a clue here don’t see it too often. Can’t do much now. If I had to guess it’s just a timing thing where microcaps have poor IR departments to some extent, but directionally nothing concrete.

[Ben Allday @Fooahs]

Also like the commentary around opportunity with the AMCs of the space that mgmt gave. Realizing more and more that this mgmt team is super indirect with what they give but if you read between the lines actually give some good insight and qualitative guidance.

[Ben Allday @Fooahs]

$DBO.TO Glad to see mgmt talking about this on call.

Still feel good here - expected to see a tough comp vs last year, but do acknowledge that system sales suffered. Not a 15x LTM business (lower after imminent SP fall) with the themes we see in the industry and execution today.

[Ben Allday @Fooahs]

@buddy11604774 Still think it's cheap despite this but def hurts view a bit given this system sales dynamic will overhang on stock + concentration risk among movies

[Ben Allday @Fooahs]

$DBO.TO aligned with X consensus here and think we see blowout royalties (again!). Seen some debate on system sales but lean toward flat / potential decline. Hope I'm wrong. Given bottom line growth, this things still too cheap but happy to be a buyer at these levels.

[Ben Allday @Fooahs]

$DBO.TO Expected to see weak system sales but not that poor. Interesting dynamic @ragingbullcap pointed out from last earnings call where we're in a strong cinema market (so delay new system sales) but yet to fully inflect royalties to the potential they have, squeezing profits.

[Ben Allday @Fooahs]

$DBO.TO aligned with X consensus here and think we see blowout royalties (again!). Seen some debate on system sales but lean toward flat / potential decline. Hope I'm wrong. Given bottom line growth, this things still too cheap but happy to be a buyer at these levels.

[Ben Allday @Fooahs]

@onecentinvest still remember when they dropped the ATM and buyback program the same day since they were so unsure of the industry outlook

[Ben Allday @Fooahs]

@commonsenseplay Why would Matt want the business without the crown jewel he was trying to buy?

[Ben Allday @Fooahs]

To add:
-Board and prev mgmt were incompetent on a sale. That headwind now seems fully gone as you get 40% of equity owners onto the board
-Get that it changes situation with Plantro but why would Matt get involved if not for some economic interest?
-Shows a LT view / play

[Ben Allday @Fooahs]

$DND.TO news is pretty interesting. Not too material to thesis but good move in the right direction getting equity holders onto the board and former CEO back in the loop. Still long, don’t listen to the spammers!

[Ben Allday @Fooahs]

$DND.TO news is pretty interesting. Not too material to thesis but good move in the right direction getting equity holders onto the board and former CEO back in the loop. Still long, don’t listen to the spammers!

[Ben Allday @Fooahs]

This is excellent, especially given today's time. Highly recommend.

https://t.co/ckaqPmxfIu

[Ian Cassel @iancassel]

Here is a presentation I gave at @smallcapdisc and @PlanetMicroCap this fall. Hope you enjoy it!
https://t.co/J2rnxPewKl

[Stephen Stone - PhD Tricknologist @Stephen19718352]

unironically, one of the most important infographics for young people in the modern age

[Ben Allday @Fooahs]

@10009nyny @TribeRuffner @commonsenseplay Thank you, Jay!

[Ben Allday @Fooahs]

@commonsenseplay What makes you say Friday?

[Ben Allday @Fooahs]

@commonsenseplay when is the news you mentioned supposed to come out?

And just to have it in one tweet, what are key milestones or dates you’re looking at upcoming to Dec 15.

[Ben Allday @Fooahs]

FT on AI bubble

“…share of sectors that are expanding, and those expanding faster than GDP, is in line with the 20-year average…number of sectors where employment is expanding is bang in line with the long-run average… in the midst of a broadening cycle that started last year