BV

Ok-Charge1983

What's BV?

notalwayswright

Stop giving her BV

Odd_Entrepreneur2815

Buy KSS. If you buy options right I could easily see 10x-100x returns IF bought right and turn around happens. If not, buy the stock itself and you can easily see a 4x-5x return over 12-24 months just returning to BV and what MorningStar thinks its value is.

Butter_Ball22

Say you come upon a lamp 🪔 and out pops a genie 🧞‍♂️ you get 3 trading wishes - BER R FUK - TSLA TO $0 - ADTX TO $1,000,000.00 after acquiring Evofem. Did you know 21 Million women in the US suffer from Bacterial Vaginosis and they will soon have a treatment to cure? BV is the leading cause of 🌈🐻

Ok_Cartoonist6749

ICON SP=2.25v(Rev Split) VS IMPP. SP=3.4 ICON MC=4.8 EV=19.8(Bad), Cash=946K Debt=15.93M ( V. Bad) Rev=5.3 M already overvalued compare to EV= value. Float=2.3 O/S=2.20M IMPP MC=155M EV=--113M (Undervalue) REV=139M EBTA + CASH=227M Debt=0 (V.Good) BV=13 (V.Good) O/S=34M float=11M only. It's trading 5X below its book.value. SP=3.40 X5=15 with Geo political tension n with TACO. Can anyone compare SBULK,SAFE BULKN ZIM WITH IMPP?

Ok_Cartoonist6749

WHY NOT IMPP SP=3.30 MC=155M EV=--113M (Undervalue) REV=139M EBTA + CASH=227M Debt=0 (V.Good) BV=13 (V.Good) O/S=34M float=11M only. Compare to ZIMM, SBLK, STAR BULK, HAFN

Ok_Cartoonist6749

Undervalue is IMPP SP=3.38 MC=115M EV= --116 REV=138M Cash= 237M Debt=0 BV=14 O/S=34M float only =11M. INDO SP=5.18 MC=49M EV=46M REV=2.6M Cash=4.57M Debt=881K BV=1.34 O/S=13.9M HUSA Bad did Reverse Split SP=15.65 MC=24.5M EV=5.94M if MC more then EV it's bad. REV= 500k Cash=5.3M (ok) Debt=50K BV=4.47 ( not sure after reverse split) OS=1.5M. CONCLUSION: IMPP is the best as it reported 1.Strong earning 2. Debt= Free 3. EV=;-ve so very under values from Cash n revenue point of view. Min SP= 15 or 20 with Geo political tension. Not NFA and leave your counter argument below.

Lethalmouse1

My issue would be that it is only able to have usable value when lost (sold) or when debt games are played with it.  So, I don't think the exact normal numbers matter as much as some in your post. Because, I'd buy it with only a long term sale plan or a debt game plan. As such, based on its situation, EPS, BV, Cash vs Debt etc. It's an okay stock as is, for a market that isn't in a dip with free money deals.  So I'd buy it for a 10-20 year sale plan of money I don't need, or buy it if I had enough money to play cool debt games with it.  But without any dividend, it is only held to be sold or held to be borrowed against. It doesn't generate you money. Which is funny in that Buffet talks about buying things that pay him. 

Critical-Future-292

Just like $M assets worth way more than the business, but they’ll never carve it up and sell it. Activist and HFs will keep trying but you’re stuck with a legacy business that’ll keep declining in revenue and sales with no real way of turning it around, sitting on a ton of BV using it as collateral while it keeps depreciating.

31andnotdone

which redditor gave you BV?

PrecisionOutdoors

footlocker sold for 80% of BV but 134% of Tangible Book Value. Their book value is overstated by "goodwill and other intangibles" https://preview.redd.it/dzgn3qas212f1.jpeg?width=1290&format=pjpg&auto=webp&s=031dc70c300beb5da4258c951d7defc9f5116f45

PrecisionOutdoors

check out my analysis on KSS vs FL to make you even more bullish on KSS!! I tried to make a separate post but don't have the Karma?? Foot Locker being bought by Dicks Sporting Goods is big news this week so I thought I'd do a numbers comparison deep dive and see how our favorite ugly stepchild Kohls(KSS) compares to the beloved FootLocker(FL). https://preview.redd.it/glvst1jphn1f1.png?width=712&format=png&auto=webp&s=e8d201a960bf9e50c6cf77a3741dc3996baeae0b FL verse KSS Comps As you can see KSS is actually a MUCH better business than FL. How much better is up to you to decide but I know that we were using premium to book value as a rough gauge. If you look, KSS BV is real while FL's is has $1.123B in "intangibles" that takes it from a BV of $30+ to a tangible BV of \~$19. FL is being bought by Dicks for $2.4B. This comes out to ($2.4B/95M shares): \~$25.26/share(every publication says $24/share so I may be missing something). So if using tangible BV then Dicks is paying a 34.3% premium to tang BV. IF KSS sells for similar then **KSS should have a \~$46/share price tag** If using FCF/Price then FL is selling at 7x FCF, **KSS would be $4.536B value or $40.86/share** Using EBITDA: FL is 6.1xEBITDA; **KSS would be $7.57B or $68.20/share** Using Price/NI: FL is selling at an astonishing 200X... IF KSS is 200X NI then **$21.8B to $33.4B and a share price of $196.40 to $300.90** **GROSS MARGIN/Declining Sales:** I know someone is going to bring up KSS has worse prospects and declining sales than FL. In reality, when you look at numbers, not really. FL has declining sales last 3 years with TTM worse than 2020. GUESS WHAT?!? KSS is the same... Something KSS is MUCH better at is Gross Margins though. 2025 numbers KSS has a 40.4% GM, '24 39.9%, '23 36.7%(notice how KSS is improving??), while FL is 29%, '24 27.8%, and '23 32%(to be honest FL was all over when I was looking at them). **Summary:** I have already talked about this but Wall Street has a narrative that is 100% negative on KSS. Due to this, they have made it the ugly step child of the retail sector YET is better than alot of others and has a REAL BALANCE SHEET. Narratives matter and hopefully we can start changing the narrative on KSS. Looking at my numbers comparison KSS is DRAMATICALLY more solid and a better business the FL yet even before the buyout was selling for 75% more than KSS. Kohls is an excellent operator that is getting the snot beat out of it by the shorts. Let's change the narrative and SQUEEZE the shorts into capitulation! LET ME KNOW WHAT YOU THINK but MAN!! Every, single, time I deep dive something I get wayyyy more bullish!! \*\*Disclaimer: I cut grass and build stuff and my hobby is investing. I just happen to be pretty good at my hobby(*up 300% YTD and a CAGR of 47% for the last 6 years so far.. I am* pretty *proud of this track record LOL*). When I do these numbers my goal is to be close not 100% accurate. Discount some of what I say by 10%-50% and we still get to amazingly better than where we are currently. Take what you read with a grain of salt BUT I show my math and due diligence on purpose. I think Main Street is way smarter than we give ourselves credit for and that we give way too much deference to Wall Street/financial industry "experts". Luckily, I have been blessed to see just how wrong "experts" generally are.\*\*

Tricky-Bandicoot-186

BV is $35 and if using $FL buyout BV premium $KSS is worth $41ish

Odd_Entrepreneur2815

No, buy calls. At similar take over value off premium of BV of KSS relative to FL would equate to a share value of ~$41. It’s at $8.

HomeworkLiving1026

It will be via a BV, so no box 3 fortunately :)

ProTHOTius

I've been in it for over 2 years, surviving 4 greater than 40% drawdowns. The company has survived the 'operation', and managed to extend its debt to 2028, has plenty of liquidity, and the $50M buyback can scoop up 25% of the float at current prices. It has suffered tremendously because of the RFK Jr's onslaught on its major customers: 2 agencies within HHS. I still see it as severely undervalued trading at 50% P/BV. One hint of profitability this years, and they have guided they will be profitable for the first time in 3 years, and I see no reason why this should not go back to 1x Book Value, or $8.56. Long term: it is a $15 stock

Fun_Reflection8892

well for one it dropped 80%+ for no reason, Two $YHC, todays ER. DOUBLE BEAT expected. Sales: 36.29% increase in Q4. Q3 2024 EPS was -$0.62, reflecting a significant improvement compared to Q3 2023, where EPS was -$18.88. ...Q4 could well show profitability - Especially since they are doing the $BTC.X thing(more money to Invest) Three doing the math per Finviz $1.65/sh BV from last Q, add on the Warrants exercised, (35m OS now) add in the 36% Beat, that comes to $1.48/sh. Thats 758% undervalued Four they announced a buyback for 209k shares

Sweetchildofmine88

Canada's literally about to put 100% tariffs on Tesla. Also, BV hydro just cancelled EV rebates for tesla. Sell, while you still can. This company is going nowhere!

Academic_Wafer5293

What's the fair value? Is it a multiple of earnings? book value? tangible BV only? Tangible with AOCI? What about growth? PEG? Cash flow multiples? What do comparables/peers trade at? Are they true peers?

Cultural_Term9986


thri54

I think you’re overstepping a bit. -I’m not sure why you’re mentioning book value of intangibles here? I never said anything about adjustments book value of intangibles. I said you can exclude their expensing when calculating earnings, which agrees with your point that their value is baked into market capitalization and you shouldn’t care about their BV of intangibles. -warrant liabilities are non-operating liabilities. They are per se included in EV. My point was, if you’re calculating EV correctly, they work out fine. But, if you’re doing an FCFE model, you should consider them dilutive instruments and include them in the equity. -Ok? I that is generally applicable treatment of warrants. If warrants are exercised and listed as 0 on the BS, back out the change in warrant value from earnings, add 0 to MV or EV. The warrants are now included in share count, so it works out correctly. Nothing I said is wrong here. - what do you mean the effect of the warrants is 0 anyway? This was a SPAC, those warrants probably had a $11 strike price on a $100 stock. Would you say deep in the money options a month from expiration are worthless too? I’m confused what your point is.

Brief-Mention4171

Just seen this in the paid group that I use on telegram its on Solana network on 5k marketcap best to get in early... most of the coins drom this group do minimum 2x maximum I've seen around 58x HCUTr3uS5xXkp1BV5p24aSZUfrRxM12ryuDdu6BQpump

expend4ble

Norway here, Tesla is at the top here too. Model Y at 1st place and Model 3 at 2nd place. [https://www.tek.no/nyheter/nyhet/i/4BV7LE/bilsalget-ny-tesla-dominans-i-november](https://www.tek.no/nyheter/nyhet/i/4BV7LE/bilsalget-ny-tesla-dominans-i-november) The decrease of sales in the rest of Europe is because of punishing tolls on cars built in China.

majia972547714043

Speaking of poetic justice, reminds me of these two game videos: [https://www.bilibili.com/video/BV1vT4y1u74j/](https://www.bilibili.com/video/BV1vT4y1u74j/) [https://www.bilibili.com/video/BV1xE411V78d/](https://www.bilibili.com/video/BV1xE411V78d/) if they are not accessible, try the mirror: [https://www.laikanwang.com/video/vT4y1u74j](https://www.laikanwang.com/video/vT4y1u74j) [https://steamcommunity.com/sharedfiles/filedetails/?id=2403156320](https://steamcommunity.com/sharedfiles/filedetails/?id=2403156320)

SwimmerThat6697

its a great company but its not a 1.2T yet it will be though. performing at this expectation is gonna need to be perfect if it's going higher because it's BV is only 77B

MutaliskGluon

I didnt know that and im legit shocked they dont have to knock down BV to account for M2M losses or gains. I guess the additional volatility doing that would have some negative effects, but it just seems odd. Whats funny though is seeing mr dumbfuck Saylor go on twitter and pump his stock with "bitcoin yield" and try to act like M2M gains are repeatable and show his company is super undervalued. We need a bear market to wipe out crap like Saylor and the people he is going to financially destroy

MutaliskGluon

sothe stuf they spent 10B on thats now worth 5B doesnt cause a drop in BV?? that seems sus

MutaliskGluon

Over 2x book for JPM?? Does their BV adjust for the 10s of billions of losses on the HTM assets or does the BV adjust for those? If it's the first, oh boy I need to start digging and entering short positions

Parks_Place

A 4Tb SSd is $300 : [https://www.amazon.com/SAMSUNG-Inch-Internal-MZ-77E4T0B-AM/dp/B08QBL36GF/ref=sr\_1\_6?crid=1VIX3XCTYICWG&dib=eyJ2IjoiMSJ9.z7K2W3aYIs\_zGGqLb212x1PdTHtvX5\_EQE\_qaKqChstAsdrD3coIj4iPixOykd0G8MAatjMjPauC3dzBoSyE03UAJiVHbawTIicdxCpDkhZNgOqDqIJ3EHI1m6eBoo5ql7yhRpwPke9-Q9SFTD2LAIxyB9M9BV9-D0csrwAjKUFlFQGcWO2tKOHWw7jxJ6AYAAXtvf-0brtvqIehCKkGUTN7d34aHZIBa1JhpFszk3E.E6AUiK\_vK2A7RSuXHxjzorI\_cwFuh84bvf34v9fs1r4&dib\_tag=se&keywords=4tb+ssd&qid=1730938527&sprefix=4tb+ssd%2Caps%2C162&sr=8-6](https://www.amazon.com/SAMSUNG-Inch-Internal-MZ-77E4T0B-AM/dp/B08QBL36GF/ref=sr_1_6?crid=1VIX3XCTYICWG&dib=eyJ2IjoiMSJ9.z7K2W3aYIs_zGGqLb212x1PdTHtvX5_EQE_qaKqChstAsdrD3coIj4iPixOykd0G8MAatjMjPauC3dzBoSyE03UAJiVHbawTIicdxCpDkhZNgOqDqIJ3EHI1m6eBoo5ql7yhRpwPke9-Q9SFTD2LAIxyB9M9BV9-D0csrwAjKUFlFQGcWO2tKOHWw7jxJ6AYAAXtvf-0brtvqIehCKkGUTN7d34aHZIBa1JhpFszk3E.E6AUiK_vK2A7RSuXHxjzorI_cwFuh84bvf34v9fs1r4&dib_tag=se&keywords=4tb+ssd&qid=1730938527&sprefix=4tb+ssd%2Caps%2C162&sr=8-6) an HDD for storing just old video records will be even cheaper for larger.

Virtual_Seaweed7130

4x PE, trades at BV, is not a vaporware company.

ZZZCodeLyokoZZZ

"never be allowed to liquidate" <- that is not really relevant. If the company has any BV at the time of filing, the shareholders are owed that much. FYI i did a very quick and dirty lookup and GM book value was negative 2 at the time of CH11. Obv in that case shareholders have no claim. (Shareholders get nothing once BV hits $0).

justbits

Over the last 30 years I have had 3 stocks go to zero, bankrupt. We can discount the PE, the BV, the Sales Ratio, and Dividend payout for all kinds of reasons. But, life is too short to discount risk. And that risk can sometimes involve black swan events for which you get zero warning. Lesson learned: Don't play with more than 10% of your investment wealth. If it hurts when you lose, you are either risking too much or losing too often. Stay with growth funds/income funds, and blue chips for the bottom of your investment pyramid. Only 'play' with 'bonus money' and even then, make yourself do at least one month of research before hitting the buy button.

GAAPguygary

Tangible BV

Yield_On_Cost

That's correct. So the BV is also inflated.

AICHEngineer

Do you know what DRIP and compounding are. https://testfol.io/?d=eJytj7FqxDAMhl%2FFaPZwXTpkKxdKx0CnUI6gxk6i1pFT2bnjCHn3Kk3hSodO9WQh8f3fv0Af4iuGCgXHBMUCKaPkxmH2UABY8Ox%2BTPv2jAGKu4M%2BC%2BjeGuIuYKbIUHQYkrfQYhq6EC9QHG5D04n%2FUE7tUcJVaRJDIO6bC7Hbbu8Pq4UpSu5ioKg6Lwswjlv28%2FGpNBfKgymFJvPAzhzjOMWZnRIMJnONs0m4YYnPPuWSzuTUXjFZZnUSr0WRW%2F%2F4SyNT%2B%2B5lj9v%2F34G6m7y0nvNX3fVkwQn2Wmq1N7OqtsZznPtB88n9m0BV%2F5F%2FWj8BS2GVJQ%3D%3D

BooBeef

Just looked at them and yes, it looks like what I want is called BV/SP, thank you!

Ihateporn2020

Call options are like 20 cents vs a 50 cent share price. Just get shares. There's good potential here because the BV per share is still like almost 3 bucks per the last earnings it looked like?

Capable_Wait09

Holy shit they’re real 😂 BV even looks like a solid LEAPS play

Capable_Wait09

Shit really? I just loaded up on $NIM and $BV because of you. You gotta make that shit clear bro

katiajojo

You could tell bears there is a non-cyclical company being traded for 5 dollars per share that is growing revenue 15% per quarter, and a NIM of 80%, with a BV of 260/share and theyd still say: "see you regards at 50 cents! dont @ me when youre bankrupt you stupid greedy pigs" without seeing a shred of irony in their own statement

thejumpingsheep2

Most hard asset REITs should have refi'ed back in the 3% days. Doubt the new high rates are impacting them very much unless they are total idiots, in which case you dont want to invest in them anyway. In other words, hard asset REITs are unlikely to improve much unless badly run. What you probably want are mREITs. Those guys should see a boost to BV as rates go down, which in turn allows them to lever more, increasing dividends. They do well when rates go down, but not when rates totally collapse to near 0% as they did during COVID. Keep that in mind. Your choices are commercial or agency mREITs. I would stick with agency.

AlpsNo7456

option premium might increase, he can sell the option as long as the stock performs well. No need to worry about the BV, especially with a distant expiration date.

Fukitol_shareholder

BV3 in Frankfurt

Fukitol_shareholder

BV3 next…

Yield_On_Cost

It is possible but would be value destructive. The underlying business is a mess, they lost $241m in free cash flow in the last 12 months. In this kind of situation, buying back stock when book value is below market value is value destructive. The market value in this case should be market value of the business + cash. You can substitute the buybacks with dividends as they are the same thing assuming a tax free environment. They issue a dividend and you buy stock with that money = stock buybacks, your percentage ownership in the company will remain the same in either situation. Them buying back shares right now or issuing a dividend will literally burn money, $4B cash & $8B market cap means you pay $2 for every 1$. Is their underlying business, ex cash worth $4.4B? The whole play, as i understand is that they should use the money to turn around the business and manage to create positive shareholder value (cash flow positive) with that money. I also heard that they may become a holding company, buying businesses, similar to Berkshire & Fairfax but these companies also trade very close to their book value, Berkshire around 1.2-1.3x historically and Fairfax around 0.9x-1.1x. You can also read some Warren Buffett letters saying that he will not buy back shares if the market to book value rises over a certain point (probably around 1.4x-1.5x). So if they decide to take that route the P/BV will probably contract close to 0.8x-1.3x, nobody wants to pay $2 for every $1.

TheHiveMindSpeaketh

Another incredible quarter from $RNR which looks like an absolute juggernaut over the last few reports. - Annualized ROE at **28%** - Operating EPS of **$12.41/share** or **5.5% of market cap** in a quarter - **$170m** in share repurchases at a P/BV around 1.2, after issuing shares at >1.6x BV last year to fund the Validus acquisition - CEO says they've reduced risk exposure to Gulf hurricanes as a percentage of equity - "This remains one of the most favorable property markets that I've seen in my career...we are delighted with the state of the market." - CEO on the quarterly call

justbits

The Dow is still about 5% ahead of itself even with the drop this week. The S&P is 10% high, and NASDAQ, over 15%. Accordingly, its reasonable that the markets have already cooked in two rate decreases. If they remain at the current levels, expect it to take about a year for the remaining numbers (PE/SP/BV/EPS) to catch up. I am not suggesting to sell and wait for the pullback to buy back in. That would generate a tax event. I am suggesting a hold, with some gritty patience. If the market seems agonizingly slow for the next year, it should be. BTW: It has nothing to do with who is in office. In the big scheme, they have very little effect.

Zardiw

Check out $BMXI ......Gold in the Philipines ....Profitable.... EPS Data from #DDAmanda: BV: 0.4226 R: 0.25 | EPS: 0.1 Cash Ratio: 7% | PE Ratio: 1.07 Z

PromptPioneers

Big REIT portfolios / houses, or invest in their business or “savings LLC” (spaar BV) so they’re taxed in box2 instead of box3 (wealth tax)

thejumpingsheep2

Too many folks dont know what they are talking about so I would ignore pretty much every comment so far. Ill give you some hints but honestly, it sounds like you dont know much either so dont invest in things you dont understand. AGNC and NLY are the only two agency mREITs. You cannot compare them to the other two. These mREITs are a very important part of the RE sector. People dont seem to understand what they do so ill summarize. Banks make money from originating loans. They dont actually hold loans to maturity. At least they usually dont. So what they do is resell the loans to free up money to originate more loans and collect fees. Who buys the loans? That would be the secondary market. This is where mREITs sit. These guys are given special privileges by the fed to leverage up to a certain ratio (which changes depending on economic policy). To make money, they borrow money at short term interest rates and buy long term loans, which, in theory, has higher yields than short term (hence why they dont like inverted yields). Agency mREITs are a very specific type of mREIT that only invests in federally backed loans (fannie and freddie loans). This assures them that a loan will be repaid. Commercial mREITs dont have such assurances. If the economy goes south, and the loan doesnt perform, they eat it big time which is why they are horrible long term holds and why most go bankrupt in time. Back to Agency mREITs. In theory, they cannot really go to $0 without a fundamental long term shift in yield curves (such that they are inverted always) and/or via gross mismanagement of debt/hedging. The later being a function of management while the former is a macro economic change that is unlikely to ever happen barring war on American soil. The way these guys raise money is by issuing shares. They dont really grow organically. What they want to do is issue shares above the value of their assets (BV). This is considered a good thing for mREITs because they are receiving a premium from investors. Issuing shares under BV is seen as bad. So how do they lose money? Well when they buy loans, they pay a premium up front. This is a net loss that they need to make up over time. If a loan is closed early, they can lose money due to that premium. This is problematic in times with high refi's (when rates are falling). mREITs can be forced to sell loans at a loss (though this rarely happens to agency mREITs... im not sure it ever has to them specifically). mREITs have a loan to equity ratio that is regulated by the fed. When rates go up, the value of old (lower yield loans) goes down. This means they lose BV. Lower BV means higher loan/equity ratio which means less buying power which means lower dividend. This is why you see them struggling since rates have been going up. They are bleeding BV and cant borrow as much. The opposite of the above is true when rates go down which is why you see NLY doing well during the .com crash and the financial crisis. But it doesn't always work. Why? Well because once we hit 0% rates, things went haywire with the entire secondary market. Once rates hit 0% on short term, they had no where else to fall even as longer term kept falling. See the problem? So these guys dont like yield compression and they certainly dont like inverted yield curves (when long term yields are lower than short). Please note that when we talk about yield curves, we are talking about mortgage yields, not treasury which have been inverted for a while. Though mortgage yields are loosely tied to treasuries, they are not 100% correlated. I think I hit most of the main points. My recommendation (which you should not care about) is to buy agency mREITs like NLY and AGNC but dont go overboard. They are beat down right now but we are at a point where rates are unlikely to go up a lot more and small incremental falls in rates would help them. I dont foresee the feds making huge drops in interest any time in the near future so im not worried about the refi problem. In summary you are looking at a period of time similar to 1998-2000 on the NLY charts or 2005-2006. As long as rates dont go all the way back down to 0% and compress across the spectrum, they are probably going do well the next few years. Of course, any sort of major recession would cause a compression so there are no guarantees.

Conrad_Classic

I like this one. Micro float. BV @ 10.55. Just completed a successful restructure, sured up financing, eliminated debt....yes sir

Next-Education4270

As their ROE increases, the BV of the equity increases.

straightbear123

I agree it's ludicrous, but so has the run on equities the last 15 years. In 2009, the market went down to lows it hadn't seen since 12 years prior. We are in many ways far more overpriced than 2009 was (P/E ratios, P/S, P/BV, Market Cap/GDP ratio, etc.)

Master-Concept-5260

I like the negativity on this thread though. Excellent Time to buy. Intel's US manufacturing Vs 100% Taiwan...( NVDA for example). Trading below BV(25), and with $6 per sh. In cash. Intel is a no brainer. Once you see extreme cheerleading... it's time to bail out. But that's just me 😃

Master-Concept-5260

Absolutely. US manufacturing Vs 100% Taiwan...( NVDA for example). Trading below BV, and with $6 per sh. In cash. Intel is a no brainer. I like the negativity on this thread though. Excellent Time to buy. Once you see extreme cheerleading... it's time to bail out.

straightbear123

Undervalued lmao look at any all time chart that contains inflation'l neutral metrics (PE, P/S, P/BV) every single one of them is at or near all time highs. Higher than 1929, higher than 1972, higher than 2008, in some cases higher than dot com. Not only are we not undervalued we are one of the most overvalued EVER. The 60-70% market wide crash will cleanse the market of all you clowns and I cannot wait for it

NutInHerAzz

**Stock Market Daily Report:** April 18th, 2024 was the 75th trading day of the year where the $SPY went down 🔻0.22%. $SPY is currently up 🟢+5.68% YTD. Green/Red Days This Year: 🟢38-37🔻 Days With More Than +/- 1%Moves: 🐂7-7🐻 Historical averages over the last 30 years show that tomorrow, April 19th $SPY has been 🔻0.10% **Data About What Happens After 5 or More Consecutive Red Days:** Today, marked the 5th consectuive day that $SPY has gone down. ⭐⭐⭐The last time $SPY had gone down 5 days in a row was from Oct 6th-12th, 2022. On Oct 13, 2022 it had set a bear market low for the year at $349 after a hot CPI print in the morning and blasted upwards went up 🟢+2.64% for the day⭐⭐⭐ *ALWAYS REMEMBER: Outside events like war, inflation, policies, etc, do not matter. Everything is priced in. "The news does not determine the stock market." The stock market determines the news* **TESLA ($TSLA) EARNINGS ANALYSIS:** 💰$TSLA Earnings Are Schedule April 23, 2024.💰 Data Gathered From All $TSLA 🚘🚘🚘 Earnings Since 2019: 1. Earnings since 2019, $TSLA next day has been down 🔻14 times and up 🟢 only 7 times. Averages for red days are 🔻-6.23%. Average for green days are 🟢+7.99%. All the last 21 earnings give an average drop of 🔻-1.83% the next day. 2. The last 4 earnings $TSLA has been 🔻 red 4/4 times. Average drop for each of the last 4 earnings 🔻-10.23%. 3. Besides playing options, if you want a safe route here are the ETFs that can give more returns on $TSLA: $TSLL = Bull 2X. $TSL = Bull 1.25X $TSLS = Bear 1X (Leveraged ETFs like these depreciate long term) **Link to my previous post:** https://www.reddit.com/r/wallstreetbets/s/XcL8PCm6BV **Stock Market Tax Day (April 15th) Analysis 💰💰💰:** The month of April has most definitely been down and growth in stock has been slowing down. 📉 There is a reason for this...✍✍✍ 🙈🙈🙈Since 1945, when stocks rise more than 🟢+15% in the year prior, the market fares poorly into tax-day with a win-ratio of only 52%🙈🙈🙈 🥂🥂🥂That compares to a win-ratio of 100% around the tax-filing deadline when stocks are down in the prior year.🥂🥂🥂 In 2023, $SPY rose more than 🟢+15%. Investors are now facing some big tax bills if they sold appreciated stocks last year. 💱 ⭐⭐⭐The reason this relationship exists is that investors need to raise cash to pay capital gains. Hence, stocks come under selling pressure into tax day,⭐⭐⭐ This is simply a short term issue to many market analysts a weakness disappears afters Tax Day. ✅Weak start to Q2 should indeed buying opportunity for investors ✅ 📷📷📷Here is a link to a picture below of what happens after the to the stock market after tax day (2023 Not Included)📷📷📷 https://im.ge/i/WBjZrF As you can see we might just markets just might rally... 💸💸💸 Fun Facts About S&P 500 In April: 🐂🐂🐂Over the past 10 years, April has been the 4TH BEST month of the year for the S&P 500 with an average gain of 🟢+1.81%🐂🐂🐂 📈📈📈Over the past 20 year, April has been the BEST month of the year, averaging a gain of 🟢+2.27% 📈📈📈 April Seasonality During An Election Year Below from @AlmanacTrader posted on X: https://im.ge/i/WBwTj6 Another post on X from @ryandetrick shows that historical returns from 2nd half compared to 1st half of the month: https://im.ge/i/WebKCY

DarkAssassinXb1

[Israel state media](https://www.timesofisrael.com/for-years-netanyahu-propped-up-hamas-now-its-blown-up-in-our-faces/) [2](https://www.haaretz.com/israel-news/2023-10-20/ty-article-opinion/.premium/a-brief-history-of-the-netanyahu-hamas-alliance/0000018b-47d9-d242-abef-57ff1be90000) [video](https://youtu.be/o7grSsuFSS0?si=1Z6h4BV8exipsRpD)

cryptodolphins

A lot of those funds that are short are long Bitcoin against the short. The trade isn't that MSTR is just overvalued, it's that it's trading far above it's intrinsic Bitcoin based BV. This is a paid trade. Bitcoin Pumps, the trade works, MSTR tanks, the trade works

Kbarbs4421

> For one thing, book value valuations aren’t relevant for cannabis companies at this point in time. I’d say almost ALL cannabis companies are trading below BV. Only because they're carrying ridiculous goodwill and intangibles on their balance sheets, right? If you strip that out, it makes for a much more compelling comp imo. My cannfolio is personally skewed toward balance sheet strength, so I'm interested in compelling companies that also have a strong balance sheet. If their pb is low, then all the better. I hear ya that the sector is still too immature for ratios to matter all that much. But that doesn't mean they aren't worth looking at still. And that there might be some interesting insights, even if the metric doesn't have value across the sector.

Many_Easy

For one thing, book value valuations aren’t relevant for cannabis companies at this point in time. I’d say almost ALL cannabis companies are trading below BV. Valuations are not in sync with future catalysts and future cash flows because there still is too much uncertainty. We’re all basically invested on the “if come” which seems to becoming more probable or at least moving towards a tipping point. **My guess is continued volatility and surprises along the way (good & bad) towards eventual legalization.** **I also expect a lot of talking heads yapping tonight and making predictions and quoting unnamed sources.**

AlfB63

CAGR is a calculation where the result is a parabolic smooth curve where returns will be consistently increasing.  Try graphing (EV/BV)^(1/n) - 1 and you will get a parabolic curve. IRR on the other hand is for cash flows and dates that are inconsistent.  The result is a single rate that gives you the same end result but it is not in reality a smooth return curve.  Since the result rate is a single value then yes that one answer is a similar curve but what you miss is that this is simply an approximation that gives the correct end result and you can't pick any point in the curve and have a correct return value.  At any point in time, you can stop on the return curve of CAGR and have a correct return value.  This is not true if IRR.  The inconsistent cash flows means that the IRR result is only true for the specific timeframe calculated. 

straightbear123

Imagine being bullish when markets are at all time highs, inflation is still red hot (and coming back, just look at oil), rates are the highest they've been in 20 years (although at a historical norm actually but this market is going to be completely shocked due to expecting ZIRP), some of the highest fundamental valuations in the history of our country's markets (Buffett indicator, PE, CAPE PE, P/S, P/BV, home value vs. income, etc.), crypto at all time high, the first ever quantitative tightening campaign, the commercial real estate crisis, the list goes on. The crash will be absolutely biblical. SPY back to 150 within 3 years

BlackBastado-2124

What dividend? BV has no dividends

No-Improvement3164

Ok. I’m looking at BV

Timely-Necessary4434

Has anyone looked at RVP? Moving up everyday, slowly. CEO has bought on 64 separate occasions in the last three months. Selling at $1.3, but net cash/marketable securities is $2.29. BV is 3.32 and the TBV (tangible) is $5.71. Tangible book is higher than GAAP book because they have a non-cash accounting liability that is reduced every quarter by a non cash charge to the outstanding balance. That charge is taken in as income on the income statement. Cheapest net-net around. Very interesting. Anyone had a look?

Doral1729

I like this stock. BABA DFV: 1. Trading at BV 2. Low P/E < 9 3. Revenue Growth 3 Years stock price pushed down artificially. Recent investments in AI will skyrocket BABA. Lowest priced technology stock in the world!! Disclaimer : I am not a financial advisor. Please conduct your own research. I own this stock.

Doral1729

I like this stock. BABA DFV: 1. Trading at BV 2. Low P/E < 9 3. Revenue Growth 3 Years stock price pushed down artificially. Recent investments in AI will skyrocket BABA. Lowest priced technology stock in the world!! Disclaimer : I am not a financial advisor. Please conduct your own research. I own this stock.

CivisVI

good morning you casino betting morons, looking forward to arguing with you idiots over this today :) ... MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW could be $10 by june, that's 194% return, plus two dividends... MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

not that i think this is a gamble but if you're the gambling spirit you say you are this might interest you despite being a "boring" REIT... MPW has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

or, buy low sell high... MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one

CivisVI

MPW has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022 and shorts would like us to think it is going bankrupt. Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 (basically the all time low for the stock). This is insanity. It’s a REIT for christ sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject $355 million into the MPW coffers. I think y’all need to take a look at this one. Fuck the shorts…

CivisVI

MPW (a REIT) has an average of \~$180 million in annual FCF since inception and an average of \~$400 million in annual FCF 2012-2022. And shorts would like us to think it is going bankrupt? Does it have issues? Yes. Should it be trading at 0.25 BV? No. Have the shorts overdone themselves? I think so. As of 1/31 there are 205 million shares short with 40 million of them being shorted below $3.50 between 1/13 and 1/31 (basically the all time low for the stock). This is insanity. It’s a REIT for christ's sake. Anyway, there’s a mini army of dedicated longs over on yahoo (I know super lame compared to y’all) that are sick and tired of these stupid shorts spreading their nonsense. There are a couple of positive catalysts likely within the next week or so, one being likely confirmation of the current dividend payment and another being a deal closing that would inject \~$355 million into the MPW coffers. I think y’all need to take a look at this one. Fuck the shorts…

Zachincool

This is the video that kind of sold me [https://www.youtube.com/watch?v=BV9Xy6L\_rlM](https://www.youtube.com/watch?v=BV9Xy6L_rlM)

dickmidget

Why is their BV negative?

Yield_On_Cost

The industries have changed over time. Technology sector is probably trading at over 4-5 BV alone. It basically means that the businesses produce the same amount of cash flows with less amount of assets. If you want to see if the market is overvalued or undervalued historically i suggest you to use EV/FCF or MC/FCFE. Book value is irrelevant.

Yield_On_Cost

The industries have changed over time. Technology sector is probably trading at over 4-5 BV alone. It basically means that the businesses produce the same amount of cash flows with less amount of assets. If you want to see if the market is overvalued or undervalued historically i suggest you to use EV/FCF or MC/FCFE. Book value is irrelevant.

Wood_Ring

I see asymmetrical upside potential here. I don’t mind the recent pivots as long as they keep buying themselves more time and improving their chances of survival. I’m happy to initiate a speculative position at ~1/3 BV.

bringoutzagunn

How many banks in the country use FV accounting? Two, one of which is SoFi How many banks in the country are marking their loan book at 105 when they aren’t able to sell a penny of those loans at that mark? One. The bank is massively overstating the value of their balance sheet, inflating revenue and BV

Whitebrown22

https://youtube.com/shorts/43BV6Us-Deo?si=06IcKvqf_las_55v

llllllllhhhhhhhhh

BV of $3. 25% short interest…. Negative sentiment from WSB furus…. I can bite…

Alpha3K

Here's your Business MGMT cheat code: file for incorporation with a gazillion shares you *could technically create* via option offerings, proceed to pay your employees based on those. Depending on company size and correlation between BV & Cap (P/B), you may find you're not hurting the company share price in any meaningful way while having a great way of relaying personal cost to investors. AAPL BVPS is \~$4, meanwhile it's price is $178/share. Let that run through your head. Not making use of that would be just shy of criminal..

AllTheModsAreCancer

This seems highly suspect. I seriously doubt that a giga-corporation like Microsoft would screw up 10 years of *Double Irish Dutch Sandwich* (probably between *Microsoft Round Island One Unlimited Company* and *Microsoft International BV*). I also doubt that Bill Gates would come under such scrutiny from the US government right now given his "contributions" to them (ie an OS filled with zero-click exploits and his company's contributions towards advanced AI programs).

SirGlass

> makes me suspicious as to why they’re hated so much. I’m thinking these banks are trading more on fear rather than fundamentals. Lots of banking stocks are priced off book value or P/BV (price over book value) rather then things like P/E for reasons I really do not understand (I gave up trying to value financial companies). However for a long time we were in a zero interest rate environment . What do banks do at their core ? Well take in deposits and turn them around and loan them out. They pay the short term rates on deposits (or nothing) and when they loan them out they loan for longer time periods and collect longer term rates. Normally short term rates are lower then long term rates. So in 2020 when I deposited my paycheck the bank may have taken that and bought treasuries , maybe 10 years that yielded almost nothing! Well 3 years later rates rose and those bonds are now discounted depressing , since banks are priced on book value those bonds are dragging down the book value That and lots of customers are withdrawing deposits and choosing to invest in brokerage accounts to buy bonds directly , or ETFs like SGOV or money market funds. This is what caused some banks to fail as they withdrew the money , they had large losses on their bond holdings as rates rose they didn't have the money to pay them back. So that is my basic understanding , large losses on bonds purchased in a low interest rate environment is depressing the book value . However as I said I have no clue how to probably value financial companies so I cannot say if they are undervalued or not.

Doogertron64

https://www.amazon.com/BECAUSE-Outdoor-Banner-Single-Sided/dp/B0BV6NM4VR Calls on Amazon for this

SimplyShred

US MJ about to sky rocket Feel bad for the bag holders who held for years to sell at major losses about to see the industry unfold It got to a point that most companies BV is trading way lower than the price and in most cases still are

speedyg54

Normally, the larger company would be the acquirer but those two companies are the same size. so it's likely a merger of equals which makes it much harder to ascertain which company is being bought out. You can look at their balance sheets. I'd assume the leaner company (i.e. less debt or higher BV) would be acquired. Calls on the acquired company and puts on the acquirer. But only play puts if it's an equity based deal.

SimplyShred

Anyone else going balls deep on weed? It’s obvious the sector got beaten down to now below BV. Bags heavy on TRUL AND CGC. Gonna be gains after the shorts cover and the momentum shifts with the vote

bearforlyfe2

I don't think most of you realize how absolutely batshit overpriced Nvidia is. I get it's in peak bubble territory and the euphoria and FOMO is out of control. But just take a look at the historical Price to sales or Price to Book Value ratios. Forget P/E even, as that number can be easily manipulated..in the early 2010s it was fairly reasonable for a high growth tech company, even maybe a little low at around 1-2 P/S and P/BV. The chart has absolutely spiked up to 45X P/S and 47X P/BV. This is bonkers dot com level shit. I'm not kidding this thing will lose 90% of it's value. Who knows when and maybe they'll be a huge run up the next 1-2 quarters if they have solid earnings numbers. But just be warned, this is a horrible long term investment at the current valuations levels even with crazy, magical levels of growth coming (hint: it's not)

kevn8686

This is correct. X shareholders getting 40%+. Problem is the BV of X is higher. So they said no. Whether that is gaming for a higher offer or serious, I guess we find out soon enough. But regardless it is nice upside with current offer.

SpiderPiggies

It was a pretty lowball offer considering book value (offer was like 0.75 x BV). They'd just spent 3b on one production line a couple years ago, another 3b on another coming online next year, and they have 3b cash vs 4b debt. They have also been spending a bunch to improve their existing production lines. They could probably get much more than 7.5b by either spinning off assets or waiting for more offers. Many projections point to them making ~800m in profit per year going forwards (subject to drastic swings though).

MothAliens

To be honest, all signs point to this being a value stock at this moment. >> Target price consensus is $16 >> $5 cash on hand per share >> BV/share is over $30 >> Unreal P/E ratio >> Squeeze ready I'm gonna do a bit more research tomorrow to determine if I bite on it or not, but may take a sizeable long position.

Appropriate-Beach424

Oh got it. Is there a poor man’s source for reliable BV for Berkshire? I’m assuming the y-charts you have access to is professional grade?

Appropriate-Beach424

Ok super noobie question. Do you sit down to do this math, or do you have an alert setup for BV < 1.2? Or do you just look at google finance regularly to see when BV is less than 1.2?