METCB update + comments on DSGR, NRP, NATH
METCB's dividend up 50% vs. Q2, growth trajectory on course
My next new idea will be out soon:
An “off the radar” or “left for dead” security
Undervalued vs. peers
Management recently chose to swap substantial cash-based incentive compensation for additional shares - this suggests that they see the stock as undervalued and that this potential will be unlocked
Vague comment on a strategic review didn’t clarify the only new information - the company has received interest from multiple potential acquirers (other options mentioned have previously been disclosed)
Leverage, severely beaten down stock price means lots of torque to upside case (as well as risk) with multiple ways to win
METCB update:
My first article on the METCB spinoff can be found here.