Discover and read the best of Twitter Threads about #marginofsafety
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Hidden gem?
Pinetree Capital /
- $11.3m mkt cap micro cap making technology value investments
- CEO Damien Leonard, son of famed CEO Mark Leonard of /
- 31.1% owned by Leonard family
- SP 30% discount to NAV (45% of NAV in cash)
#valueinvesting
Pinetree Capital /
- $11.3m mkt cap micro cap making technology value investments
- CEO Damien Leonard, son of famed CEO Mark Leonard of /
- 31.1% owned by Leonard family
- SP 30% discount to NAV (45% of NAV in cash)
#valueinvesting
More stats:
Market Cap: $11.3m
NAV: $15.9m
Cash: $7.2m
Investments at fair value: $8.9m
Backing out cash from market cap ($11.3m - $7.2m) = ~$4.1m
Paying $4.1m net EV for investments at fair value of $8.9m #marginofsafety
/ / /
Market Cap: $11.3m
NAV: $15.9m
Cash: $7.2m
Investments at fair value: $8.9m
Backing out cash from market cap ($11.3m - $7.2m) = ~$4.1m
Paying $4.1m net EV for investments at fair value of $8.9m #marginofsafety
/ / /
/ also has $342m (that's million) of capital loss carry forwards. (Unsure how much of this balance can actually be used to offset future capital gains, or whether that asset could be monetized.) Definitely some value in that asset however. cc /
