The Next 10x Company
‘Don’t miss this opportunity’
• Advertising
• Insurance
• Telecommunications
• Investments
Why I’m buying $1000 worth
(Thread) 👇🏽
‘Don’t miss this opportunity’
• Advertising
• Insurance
• Telecommunications
• Investments
Why I’m buying $1000 worth
(Thread) 👇🏽
• Introduction
‘Boston Omaha Corporation’
is a public holding company, their objective is to grow intrinsic value per share + strong financials.
They are engaged in several sectors through:
• Wholly owned subsidiaries
• Minority stakes
What’s the difference?
‘Boston Omaha Corporation’
is a public holding company, their objective is to grow intrinsic value per share + strong financials.
They are engaged in several sectors through:
• Wholly owned subsidiaries
• Minority stakes
What’s the difference?
• Glossary
-Wholly owned Subsidiary
A company whose common stock is 100% owned by another company, the parent company.
- Minority Stake
Minority interest refers to having an ownership stake in a company that is less than 50% of the total shares in terms of voting rights
-Wholly owned Subsidiary
A company whose common stock is 100% owned by another company, the parent company.
- Minority Stake
Minority interest refers to having an ownership stake in a company that is less than 50% of the total shares in terms of voting rights
• Structure
Boston Omaha runs their ship like this:
• Businesses:
-Advertising
-Insurance
-Telecommunications
• Investments:
-Real estate
-Bank
-Homebuilding
Let’s explore 👇🏽
Boston Omaha runs their ship like this:
• Businesses:
-Advertising
-Insurance
-Telecommunications
• Investments:
-Real estate
-Bank
-Homebuilding
Let’s explore 👇🏽
• Advertising
Link Media Outdoor is an out of home advertising company, focusing on static vinyl and digital billboards, in mid and large sized markets, across the United States.
$BOMN owns 100% of Link
Link Media Outdoor is an out of home advertising company, focusing on static vinyl and digital billboards, in mid and large sized markets, across the United States.
$BOMN owns 100% of Link
-Link Media Outdoor’s Financials
Contributed 54% to $BOMN Q1 2021 revenue ($ 7 153 685 )
Down 9% from Q1 2020
($7 215 766)
Contributed 54% to $BOMN Q1 2021 revenue ($ 7 153 685 )
Down 9% from Q1 2020
($7 215 766)
• Insurance
General Indemnity Group is a wholly owned subsidiary of $BOMN
They specialize in acquiring and operating companies that underwrite and distribute insurance products.
General Indemnity Group is a wholly owned subsidiary of $BOMN
They specialize in acquiring and operating companies that underwrite and distribute insurance products.
-General Indemnity Financials
Premiums earned- contributed:
13.5% to $BOMN Q1 2021 revenue
($1 786 564)
Down 48% from Q1 2020
($3 454 058)
Premiums earned- contributed:
13.5% to $BOMN Q1 2021 revenue
($1 786 564)
Down 48% from Q1 2020
($3 454 058)
• Telecommunications
$BOMN acquired 90% of AireBeam, which serves communities in southern Arizona with high-speed, fixed wireless internet.
They have a 90% ownership stake through a wholly owned subsidiary
This is their primary focus at the moment.
$BOMN acquired 90% of AireBeam, which serves communities in southern Arizona with high-speed, fixed wireless internet.
They have a 90% ownership stake through a wholly owned subsidiary
This is their primary focus at the moment.
-AireBeam Financials
Contributed 28% to revenue in Q1 2021 ($ 3 795 037)
Up 1320% from Q1 2020
($267 251)
Contributed 28% to revenue in Q1 2021 ($ 3 795 037)
Up 1320% from Q1 2020
($267 251)
• $BOMN Investments
They’re not only buying wholly owned businesses, but also buying minority stakes in smaller businesses.
Replicating @WarrenBuffett strategy
Let’s look at some of them👇🏽
They’re not only buying wholly owned businesses, but also buying minority stakes in smaller businesses.
Replicating @WarrenBuffett strategy
Let’s look at some of them👇🏽
• Dream Finders Homes
$BOMN made a $10million investment into Dream Finders home for a 5% stake, which has grown to over $100million
Dream Finders home specializes in home construction and provides home buyers with a variety of homes to choose from.
$BOMN made a $10million investment into Dream Finders home for a 5% stake, which has grown to over $100million
Dream Finders home specializes in home construction and provides home buyers with a variety of homes to choose from.
• Real Estate
Logic Commercial Real Estate is a full-service firm specializing in
-Brokerage
-Property Management
-Capital Markets
-Receivership Services
They provide comprehensive solutions, support, and value for their clients.
Logic Commercial Real Estate is a full-service firm specializing in
-Brokerage
-Property Management
-Capital Markets
-Receivership Services
They provide comprehensive solutions, support, and value for their clients.
• Crescent Bank
Crescent Bank offers auto loans + business and local banking services to the greater New Orleans area.
It’s a privately held bank that Boston Omaha has bought into.
Crescent Bank offers auto loans + business and local banking services to the greater New Orleans area.
It’s a privately held bank that Boston Omaha has bought into.
• Boston Omaha Corporation
‘Group Revenue’
2021 Q1 Revenue:
$13 205 019 ($13.2million)
Up 15.7% from Q1 2020
Shares outstanding: 29 576 115
Price: $32.27
Valued at $954million
-Strong Growth in Telecom
-Weaker growth in insurance
-Stable Billboard income
‘Group Revenue’
2021 Q1 Revenue:
$13 205 019 ($13.2million)
Up 15.7% from Q1 2020
Shares outstanding: 29 576 115
Price: $32.27
Valued at $954million
-Strong Growth in Telecom
-Weaker growth in insurance
-Stable Billboard income
• Assets and Liabilities
Total assets: $750 104 244
Total Liabilities: $135 499 641
Shareholders Equity:
$465 345 032
Up 22% from Q1 2020
P/E ratio : 7.45
EPS: $4
Total assets: $750 104 244
Total Liabilities: $135 499 641
Shareholders Equity:
$465 345 032
Up 22% from Q1 2020
P/E ratio : 7.45
EPS: $4
That’s it for now, follow me @talkcentss for more 10x investment ideas.
You can expect more:
- Stock Research
- Financial education
- Money Tips
- Personal finance
You can expect more:
- Stock Research
- Financial education
- Money Tips
- Personal finance
Or you can join 1000+ others who enjoy premium content every Monday morning.
No More Monday Blues 👇🏽
davidketh.substack.com/p/talkcents
No More Monday Blues 👇🏽
davidketh.substack.com/p/talkcents
• Summary
- Next 10X Investment
- Replicating Warren Buffet
- Growing Revenue
- Operating in the US
- 3 Core Businesses
- Minority stakes
- Next 10X Investment
- Replicating Warren Buffet
- Growing Revenue
- Operating in the US
- 3 Core Businesses
- Minority stakes
• • •
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