Reddit Posts
Deep value $ASIX and value play $III…
Mentions
I started investing in HON DRIP in the late 1990s after a work colleague talked incessantly about them. Initially $100/month then switched to $500/quater and occasionally added some bonus dollars. I stopped contributing about 4 years ago. Today, it is by far my largest individual holding nearing 7 figures. I only sold once - 100 shares to redo our kitchen in 2021. I would add extra dollars back in the day and sold their spin-off ASIX, REZI and GTX and reinvested back into HON.
I have been a longtime holder of HON since the late 1990 via their DRIP program. I initially was invest $100/month then switched to $500/quarter, added extra cash along the way. Sold previous spin-offs ASIX, REZI and GTX and purchased more HON. It is my largest individual position nearing 7 figures. I have only sold (100 shares) once to redo the kitchen during Covid. SOLS is not as slow growth as people think as they have unique positions with little competitions - it will do well in the long term.
I have been a longtime holder of HON since the late 1990 via their DRIP program. I initially was invest $100/month then switched to $500/quarter, added extra cash along the way. Sold ASIX, REZI and GTX and purchased more HON. It is my largest individual position nearing 7 figures. I have only sold (100 shares) once to redo the kitchen during Covid. SOLS is not as slow growth as people think as they have unique positions with little competitions - it will do well in the long term.
Stick to it. I have been investing in HON since the late 1990's via their DRIP - initially $100/month then switched to $500/quarter added extra from my bonuses or extra cash and sold previous spin-offs (ASIX, REZI, GTX) and rebrought parent. By far my largest individual holding. Only sold once (100 shares) during Covid to remodel the kitchen. Probably not touching anymore but will give to heirs to get the stepped-up cost basis. Good Luck.
I have investing HON since the late 1990's via their DRIP - initially $100/month then switched to $500/quarter added extra from my bonuses and sold previous spin-offs (ASIX, REZI, GTX) and rebrought parent. By far my largest individual holding. Only sold once (100 shares) during Covid to remodel the kitchen. Probably not touch anymore but give to heirs to get stepped-up cost basis.
Here is the tickers that will print: SHAK ASIX NICE UNIT
For me, I have two approaches for new opportunities - I open my eyes and ask people - what is trending (new stores, news items, etc) - then I google to see if they make sense to me - this is how I found Ulta and O’Reilly Auto Parts - started seeing a lot of new stores made, nice profit and got out of Ulta when I saw too many stores. I always ask people stuff to get confirmation - I did it with ULTA (nice ride from 150 > 400), LULU (200 >350) and got out of CHWY when people told me they were buying more from local shops or the case of LULU, my wife and her friends started buying Vuori and Alo. I kept hearing about autonomous driving so I investigated but saw too many issues with Lidar and though Waymo and TSLA were just too far ahead of everyone. I think the LiDAR segment will consolidate considerably and there will be bankruptcies. Home building / renovation was booming due to the pandemic; thus, I decided to play the housing boom by looking at commodity chemical companies that supply DIY market; like AdvanSix (ASIX) - Caprolactam producer used in making fibers for carpets. Now I am once again watching these segments but have not pull the trigger. Right now, I think the home builders have over built. I just drove from NJ to FL and could not believe all the new builds. No way they are filling them. Secondly, I look at the “smart” money like Bill Gates - Breakthrough Energy- what are they investing in and then look for similar companies - this is how I played the momentum game with QS that I am now out with a very nice profit. (90 range) I ask questions because I know I am not the smartest guy in the room. People unknowingly give you honest opinion on things they use and purchase, and this is just one data point of my DD process. I like to add I never trust a bulletin board comment without a lot of verification. I retired early 11 years ago and have been enjoying the good life. Good Luck.
I asked about 5-6 near my home and at work about 45 miles apart. It surprised me. For me, I have two approaches for new opportunities - **I open my eyes and ask people** \- what is trending (new stores, news items, etc) - then I google to see if they make sense to me - this is how I found Ulta and O'Reilly Auto Parts - started seeing a lot of new stores made, nice profit and got out of Ulta when I saw too many stores. I always ask people stuff to get confirmation - I did it with ULTA (nice ride from 150 > 400), LULU (200 >350) and got out of CHWY when people told me they were buying more from local shops or the case of LULU, my wife and her friends started buying Vuori and Alo. I kept hearing about autonomous driving so I investigated but saw too many issues with Lidar and though Waymo and TSLA were just too far ahead of everyone. I think the LiDAR segment will consolidate considerably and there will be bankruptcies. Home building / renovation was booming due to the pandemic; thus, I decided to play the housing boom by looking at commodity chemical companies that supply DIY market; like AdvanSix (ASIX) - Caprolactam producer used in making fibers for carpets. Now I am once again watching these segments but have not pull the trigger. Secondly, **I look at the "smart" money** like Bill Gates - [Breakthrough Energy](https://breakthroughenergy.org/our-work/breakthrough-energy-ventures/bev-portfolio/)\- what are they investing in and then look for similar companies - this is how I played the momentum game with QS that I am now out with a very nice profit. (90 range) I ask questions because I know I am not the smartest guy in the room.
AMD and META (FB) are unique. In the case of AMD, I firmly believed that the industry would support a second supplier as they did want to rely solely on INTC for CPU for personal computing devices at the time. On META (FB), I just believed that they had too many eye balls to fail and that they would figure out how to monetize it. However, with that said, here is my approach for identifying opportunities. For me, I have two approaches for new opportunities - **I open my eyes** \- what is trending (new stores, news items, etc) - then I google to see if they make sense to me - this is how I found Ulta and O'Reilly Auto Parts - started seeing a lot of new stores made nice profit and got out of Ulta when I saw too many stores. I kept hearing about autonomous driving so I investigated but saw too many issues with Lidar and though Waymo and TSLA were just too far ahead of everyone. I think this segment will consolidate considerably or there will be some bankruptcies. Home building / renovation was booming due to the pandemic; thus, I decided to play the housing boom by looking at commodity chemical companies that supply DIY market Chemours CC) - world largest supplier of titanium dioxide that goes into paints, putties, plasters etc. (I avoid the paint manufacturers and big box stores as retail is too competitive for me). AdvanSix (ASIX) - Caprolactam producer used in making fibers for carpets. I am out of these two presently. Secondly, **I look at the "smart" money** like Bill Gates - [Breakthrough Energy](https://breakthroughenergy.org/our-work/breakthrough-energy-ventures/bev-portfolio/)\- what are they investing in and then look for similar companies - this is how I played the momentum game with QS that I am now out with a nice profit.
It really depends on the quality of the companies. [Honeywell (HON) and spinoff Resideo (REZI)), Advansix (ASIX) and Garrett Motion (GTX).](https://finance.yahoo.com/quote/HON/chart?p=HON#eyJpbnRlcnZhbCI6IndlZWsiLCJwZXJpb2RpY2l0eSI6MSwidGltZVVuaXQiOm51bGwsImNhbmRsZVdpZHRoIjo0LjM0ODY1OTAwMzgzMTQxNzUsImZsaXBwZWQiOmZhbHNlLCJ2b2x1bWVVbmRlcmxheSI6dHJ1ZSwiYWRqIjp0cnVlLCJjcm9zc2hhaXIiOnRydWUsImNoYXJ0VHlwZSI6ImxpbmUiLCJleHRlbmRlZCI6ZmFsc2UsIm1hcmtldFNlc3Npb25zIjp7fSwiYWdncmVnYXRpb25UeXBlIjoib2hsYyIsImNoYXJ0U2NhbGUiOiJwZXJjZW50Iiwic3R1ZGllcyI6eyLigIx2b2wgdW5kcuKAjCI6eyJ0eXBlIjoidm9sIHVuZHIiLCJpbnB1dHMiOnsiaWQiOiLigIx2b2wgdW5kcuKAjCIsImRpc3BsYXkiOiLigIx2b2wgdW5kcuKAjCJ9LCJvdXRwdXRzIjp7IlVwIFZvbHVtZSI6IiMwMGIwNjEiLCJEb3duIFZvbHVtZSI6IiNmZjMzM2EifSwicGFuZWwiOiJjaGFydCIsInBhcmFtZXRlcnMiOnsid2lkdGhGYWN0b3IiOjAuNDUsImNoYXJ0TmFtZSI6ImNoYXJ0In19fSwicGFuZWxzIjp7ImNoYXJ0Ijp7InBlcmNlbnQiOjEsImRpc3BsYXkiOiJIT04iLCJjaGFydE5hbWUiOiJjaGFydCIsImluZGV4IjowLCJ5QXhpcyI6eyJuYW1lIjoiY2hhcnQiLCJwb3NpdGlvbiI6bnVsbH0sInlheGlzTEhTIjpbXSwieWF4aXNSSFMiOlsiY2hhcnQiLCLigIx2b2wgdW5kcuKAjCJdfX0sInNldFNwYW4iOnsibXVsdGlwbGllciI6NSwiYmFzZSI6InllYXIiLCJwZXJpb2RpY2l0eSI6eyJwZXJpb2QiOjEsImludGVydmFsIjoid2VlayJ9fSwibGluZVdpZHRoIjoyLCJzdHJpcGVkQmFja2dyb3VuZCI6dHJ1ZSwiZXZlbnRzIjp0cnVlLCJjb2xvciI6IiMwMDgxZjIiLCJzdHJpcGVkQmFja2dyb3VkIjp0cnVlLCJldmVudE1hcCI6eyJjb3Jwb3JhdGUiOnsiZGl2cyI6dHJ1ZSwic3BsaXRzIjp0cnVlfSwic2lnRGV2Ijp7fX0sImN1c3RvbVJhbmdlIjpudWxsLCJzeW1ib2xzIjpbeyJzeW1ib2wiOiJIT04iLCJzeW1ib2xPYmplY3QiOnsic3ltYm9sIjoiSE9OIiwicXVvdGVUeXBlIjoiRVFVSVRZIiwiZXhjaGFuZ2VUaW1lWm9uZSI6IkFtZXJpY2EvTmV3X1lvcmsifSwicGVyaW9kaWNpdHkiOjEsImludGVydmFsIjoid2VlayIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7Im11bHRpcGxpZXIiOjUsImJhc2UiOiJ5ZWFyIiwicGVyaW9kaWNpdHkiOnsicGVyaW9kIjoxLCJpbnRlcnZhbCI6IndlZWsifX19LHsic3ltYm9sIjoiUkVaSSIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJSRVpJIn0sInBlcmlvZGljaXR5IjoxLCJpbnRlcnZhbCI6IndlZWsiLCJ0aW1lVW5pdCI6bnVsbCwic2V0U3BhbiI6eyJtdWx0aXBsaWVyIjo1LCJiYXNlIjoieWVhciIsInBlcmlvZGljaXR5Ijp7InBlcmlvZCI6MSwiaW50ZXJ2YWwiOiJ3ZWVrIn19LCJpZCI6IlJFWkkiLCJwYXJhbWV0ZXJzIjp7ImNvbG9yIjoiIzcyZDNmZiIsIndpZHRoIjoyLCJpc0NvbXBhcmlzb24iOnRydWUsInNoYXJlWUF4aXMiOnRydWUsImNoYXJ0TmFtZSI6ImNoYXJ0Iiwic3ltYm9sT2JqZWN0Ijp7InN5bWJvbCI6IlJFWkkifSwicGFuZWwiOiJjaGFydCIsImZpbGxHYXBzIjpmYWxzZSwiYWN0aW9uIjoiYWRkLXNlcmllcyIsInN5bWJvbCI6IlJFWkkiLCJnYXBEaXNwbGF5U3R5bGUiOiJ0cmFuc3BhcmVudCIsIm5hbWUiOiJSRVpJIiwib3ZlckNoYXJ0Ijp0cnVlLCJ1c2VDaGFydExlZ2VuZCI6dHJ1ZSwiaGVpZ2h0UGVyY2VudGFnZSI6MC43LCJvcGFjaXR5IjoxLCJoaWdobGlnaHRhYmxlIjp0cnVlLCJ0eXBlIjoibGluZSIsInN0eWxlIjoic3R4X2xpbmVfY2hhcnQiLCJoaWdobGlnaHQiOmZhbHNlfX0seyJzeW1ib2wiOiJBU0lYIiwic3ltYm9sT2JqZWN0Ijp7InN5bWJvbCI6IkFTSVgifSwicGVyaW9kaWNpdHkiOjEsImludGVydmFsIjoid2VlayIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7Im11bHRpcGxpZXIiOjUsImJhc2UiOiJ5ZWFyIiwicGVyaW9kaWNpdHkiOnsicGVyaW9kIjoxLCJpbnRlcnZhbCI6IndlZWsifX0sImlkIjoiQVNJWCIsInBhcmFtZXRlcnMiOnsiY29sb3IiOiIjYWQ2ZWZmIiwid2lkdGgiOjIsImlzQ29tcGFyaXNvbiI6dHJ1ZSwic2hhcmVZQXhpcyI6dHJ1ZSwiY2hhcnROYW1lIjoiY2hhcnQiLCJzeW1ib2xPYmplY3QiOnsic3ltYm9sIjoiQVNJWCJ9LCJwYW5lbCI6ImNoYXJ0IiwiZmlsbEdhcHMiOmZhbHNlLCJhY3Rpb24iOiJhZGQtc2VyaWVzIiwic3ltYm9sIjoiQVNJWCIsImdhcERpc3BsYXlTdHlsZSI6InRyYW5zcGFyZW50IiwibmFtZSI6IkFTSVgiLCJvdmVyQ2hhcnQiOnRydWUsInVzZUNoYXJ0TGVnZW5kIjp0cnVlLCJoZWlnaHRQZXJjZW50YWdlIjowLjcsIm9wYWNpdHkiOjEsImhpZ2hsaWdodGFibGUiOnRydWUsInR5cGUiOiJsaW5lIiwic3R5bGUiOiJzdHhfbGluZV9jaGFydCIsImhpZ2hsaWdodCI6ZmFsc2V9fSx7InN5bWJvbCI6IkdUWCIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJHVFgifSwicGVyaW9kaWNpdHkiOjEsImludGVydmFsIjoid2VlayIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7Im11bHRpcGxpZXIiOjUsImJhc2UiOiJ5ZWFyIiwicGVyaW9kaWNpdHkiOnsicGVyaW9kIjoxLCJpbnRlcnZhbCI6IndlZWsifX0sImlkIjoiR1RYIiwicGFyYW1ldGVycyI6eyJjb2xvciI6IiNmZjgwYzUiLCJ3aWR0aCI6MiwiaXNDb21wYXJpc29uIjp0cnVlLCJzaGFyZVlBeGlzIjp0cnVlLCJjaGFydE5hbWUiOiJjaGFydCIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJHVFgifSwicGFuZWwiOiJjaGFydCIsImZpbGxHYXBzIjpmYWxzZSwiYWN0aW9uIjoiYWRkLXNlcmllcyIsInN5bWJvbCI6IkdUWCIsImdhcERpc3BsYXlTdHlsZSI6InRyYW5zcGFyZW50IiwibmFtZSI6IkdUWCIsIm92ZXJDaGFydCI6dHJ1ZSwidXNlQ2hhcnRMZWdlbmQiOnRydWUsImhlaWdodFBlcmNlbnRhZ2UiOjAuNywib3BhY2l0eSI6MSwiaGlnaGxpZ2h0YWJsZSI6dHJ1ZSwidHlwZSI6ImxpbmUiLCJzdHlsZSI6InN0eF9saW5lX2NoYXJ0In19XX0-) I really did not want to own the spinoffs; thus, I sold and reinvest back into HON.
ASIX earnings out. EPS: $5.92 vs $4.81 last year. Nice growth there. Authorized $75 million in share repurchases, which is impressive for a $1.1 billion company. That's about 6% if the company.
For me, I have two approaches for new opportunities - I open my eyes - what is trending (new stores, news items, etc) - then I google to see if they make sense to me - this is how I found Ulta and O'Reilly Auto Parts - started seeing a lot of new stores made nice profit and got out of Ulta when I saw too many stores. I kept hearing about autonomous driving so I investigated but saw too many issues with Lidar and though Waymo was just too far ahead of everyone. I think this segment will consolidate considerably or there will be some bankruptcies. Home building / renovation is booming due to the pandemic; thus, I decided to play the housing boom by looking at commodity chemical companies that supply DIY market • Chemours CC) - world largest supplier of titanium dioxide that goes into paints, putties, plasters etc. (I avoid the paint manufacturers and big box stores as retail is too competitive for me). • AdvanSix (ASIX) - Caprolactam producer used in making fibers for carpets. Secondly, I look at the "smart" money like Bill Gates - Breakthrough Energy - what are they investing in and then look for similar companies - this is how I played the momentum game with QS that I am out with a nice profit.
X - US Steel. Their ceo was straight up giddy in the earnings call because things are going so well. MLR - Tow trucks. Ceo said they had a huge order backlog and sees their supply issues being more or less resolved in second half of 2022 (according to last earnings call that is). Decent value at it's current price. ASIX - Chemical. As far as I know there are shortages of literally everything this company produces. They should be printing money the next few quarters. I own all 3.
As climate change gets worse governments place more restrictions on polluting industries. These restrictions mostly effect start ups therefore reducing competition and increasing profit margins at companies who've already established themselves (regulatory capture $$$). Chemical refineries should do well. I own 100 shares in ASIX which is basically a small cap version of what Dow Chemical used to be. >AdvanSix Inc. is a manufacturer of Nylon 6, a polymer resin which is a synthetic material used by its customers to produce fibers, filaments, engineered plastics and films that, in turn, are used in such end-products as such as building and construction, fertilizers, plastics, solvents, packaging, paints, coatings, adhesives and electronics. It also sells caprolactam, ammonium sulfate fertilizer, acetone and other intermediate chemicals Currently has a market cap of 1b. P/E of 6 with decent revenue and earnings growth projections.
UAN, CF, ASIX are my next week plays
For me, I have two approaches for new opportunities - **I open my eyes** \- what is trending (new stores, news items, etc) - then I google to see if they make sense to me - this is how I found Ulta and O'Reilly Auto Parts - started seeing a lot of new stores made nice profit and got out of Ulta when I saw too many stores. I kept hearing about autonomous driving so I investigated but saw too many issues with Lidar and though Waymo was just too far ahead of everyone. I think this segment will consolidate considerably or there will be some bankruptcies. Home building / renovation is booming due to the pandemic; thus, I decided to play the housing boom by looking at commodity chemical companies that supply DIY market Chemours CC) - world largest supplier of titanium dioxide that goes into paints, putties, plasters etc. (I avoid the paint manufacturers and big box stores as retail is too competitive for me). AdvanSix (ASIX) - Caprolactam producer used in making fibers for carpets. Secondly, I **look at the "smart" money** like Bill Gates - [Breakthrough Energy](https://www.breakthroughenergy.org/investing-in-innovation/bev-portfolio) \- what are they investing in and then look for similar companies - this is how I played the momentum game with QS that I am now out with a nice profit. There are three that I currently like and watching on their progress. Lastly, I normally shy away from the industry I work in as I found myself with biases that effected my judgement.
Hopefully watching less red tomorrow. -9% after picking up INVA, CDEV, and ASIX calls. And more contracts on SOFI since hey it’s already 40% of my portfolio may as well make it 50
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SLCA IRMD OIIM ASIX HEXO COWN SIFY DCOM MGI WETF. Message /u/zjz if they're above 1.5 billion-ish market cap and not related to crypto/pennies/OTC.
Typically HON does spin-offs / mergers that are very friendly to existing shareholders - just looks at ASIX, REZI and GTX spin-off; however GTX did not work out well. I just do not see a SPAC deal occurring.
Wtf happening with ASIX
Anybody else following ASIX?
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: ASIX. Message /u/zjz if they're above 1.5 billion-ish market cap and not related to crypto/pennies/OTC/SPACs.
Eyes on BYSI, ASIX
ASIX, room to grow or am I buying at the ATH and will eat shit and ramen for a while?
My small caps are killing it. $ASIX, $VRT, $NMM, $LESL
I do chemical commodities like CC (titanium dioxide used in paints, plasters, etc and Teflon) and ASIX (produce caprolactam used in nylon fiber production) - as home building / renovations increase so do their demand; conversely when economy goes down so do they.
ASIX reported earning this morning. Beat expectations by 92%... just saying.