Daniel Sims

Searching for asymmetric bets, off the beaten path | Australian nomad

[Daniel Sims @hiddenvalueblog]

@TheRealDavey2 They forget this is literally how a progressive tax system works

[Daniel Sims @hiddenvalueblog]

$PPS leveraging the AI talent acquired via Technotia to pull off a Reed Hastings esque talent density move. Including redundancy costs in the acquisition price, they have removed $9m in costs for $10.8m investment. If capitalised at 10X the investment has delivered 8X MOIC in 1yr

[Harley Grosser @CapitalHInvest]

$CCL https://t.co/7hbOGFPqWj

[Harley Grosser @CapitalHInvest]

https://t.co/0mA8WrhA58 $PPS

[Daniel Sims @hiddenvalueblog]

Frontline Services Group is currently seeking a hands-on General Manager to lead the business into its next phase of growth.

You'll have the support and trust of the ownership team—but also the autonomy to shape the business your way
https://t.co/ldELiV3G5e

[Lanyon @LanyonFund]

We own 32.1% of all the units in the Fat Prophets Global Property Fund (ASX: FPP), a poorly performing ASX listed investment trust that has has consistently traded well below net asset backing. We have put a resolution to all unitholders to consider winding up the fund. $FPP

[Rufus @RufusPeabody]

Closing Thoughts:

Betting isn’t about maximizing wealth for me — it’s about maximizing utility. By flattening stakes, avoiding fragility, and respecting market signals, I aim for balanced, sustainable growth rather than short-term highs that risk long-term collapse.

[Daniel Sims @hiddenvalueblog]

@WyldeStInvest Their proposal is pretty simple, sell the shares and distribute the proceeds to shareholders. Even after accounting for frictional costs, that should yield >$0.85 per share

[Daniel Sims @hiddenvalueblog]

Next week $FPP shareholders have the chance to generate a greater return in one day then the manager has made cumualtively over the last 7 years...

[Value Investing for a living @SteveGreeny73]

FAT PROPHETS for the underperforming fund manager, not for shareholders in FPP ASX, FAT PROPHETS GLOBAL PROPERTY FUND WIND UP VOTE

https://t.co/raf1h8yddS

[Daniel Sims @hiddenvalueblog]

Cuscal: Hiding in plain sight https://t.co/yGte2knOdf

[Daniel Sims @hiddenvalueblog]

@1stlevelthinker @brockmccamley @lukewinchester9 Calling a company with $17m in the bank that is running around FCF break even due to growth investments “over-capitalised” is laughable

[Daniel Sims @hiddenvalueblog]

@1stlevelthinker @brockmccamley @lukewinchester9 If someone offers you money that cheaply, you take it and bet that you can deploy the excess cash at higher rates of return in the future

[Daniel Sims @hiddenvalueblog]

@1stlevelthinker @brockmccamley @lukewinchester9 Sitting that cash in the bank earns close to 5% currently so when combined with the put option they receive via the convertible is likely a wash.

Not spending their cash provides optionality and resilience for the business in uncertain future conditions

[Daniel Sims @hiddenvalueblog]

@brockmccamley @1stlevelthinker @lukewinchester9 They’re borrowing at a lower cost of capital than Westpac, and conversion/repayment is at ART’s discretion. Hard to see how that’s not in the best interest of shareholders

[Daniel Sims @hiddenvalueblog]

@Kreuzmann13 @ElementaryValue @Blinklebloop Able to buy might be too strong a phrase! I think I’ve had a live order for 4 years and managed to buy $30k total

[Daniel Sims @hiddenvalueblog]

@AmadeusValue He’s also had some shockers $ABIO and $FBRX

[Daniel Sims @hiddenvalueblog]

Australia literally the worst on this metric... and given our recent immigration boom, I'd bet it has materially worsened

[Brandon Beylo @marketplunger1]

The UK Homebuilding Bull Thesis in One Picture.

[Daniel Sims @hiddenvalueblog]

@ExpectingValue Completely agree. Simply removing duplicate PLC costs should create £20-40m of value

[Daniel Sims @hiddenvalueblog]

Given market returns have been driven by a small number of "magnificient" stocks in recent years, I would not have guessed the momentum factor had stopped working 20 years ago

https://t.co/319unNiuuj via @WSJ