Let's Revisit $CABO
Burnt longs, hated industry, over-levered equity stub, melting revenue. Naturally, I'm attracted like a moth to the flame.
$CABO appoints CEO
As mentioned in my original article, Cable One announced the "retirement" of its CEO Julie Laulis in June. Ms. Laulis was to serve out her term until year end, or a replacement was found, then remain as a consultant through 2026.
Today the company issued a press release
Cable One Q3 Earnings
My original post on Cable One (Let's Revisit $CABO) provided a bridge for the balance sheet based on some assumptions around FCF and one-off cash events. It also tried to stress test the revenue decline trends to provide some intuition for when things are better- or worse-than expected.
What I've Been Doing (1/n)
Well, one thing I've been doing is not writing articles for this site!
After the first two write-ups, I did exactly what I swore I would not do... go silent for two months. Oops. We went on a family trip for a few weeks, then I spent a
Quick Idea: $LSBK
* Small regional bank just completed de-mutualization.
* Current price of $12.66 is 0.7x BV ($17.89/sh).
* $100M market cap, $75M in cash.
* Activist Joseph Stilwell filed 9.4% stake, accumulated around $12.10/sh.
* Stilwell has record of pushing for buybacks/mergers.
Lakeshore Bancorp just completed its second-step
Let's Revisit $CABO
Burnt longs, hated industry, over-levered equity stub, melting revenue. Naturally, I'm attracted like a moth to the flame.