Target Hospitality (TH): Leader in Vertically Integrated Specialty Accommodations

Target Hospitality is the largest vertically integrated specialty rental and hospitality services company in the United States. The company owns an extensive network of geographically relocatable rental accommodation units comprised of ~13,000 beds across 22 sites serving the country’s highest producing oil and gas basins. Most of the company’s revenues are generated under multi-year “take-or-pay” … Continue reading Target Hospitality (TH): Leader in Vertically Integrated Specialty Accommodations

Investing in Shipping Stocks: Lessons from Walter Schloss

***Below is a piece I wrote for Macro-Ops.com. For more information, check out their site here!*** He knows how to identify securities that sell at considerably less than their value to a private owner; And that’s all he does ... He owns many more stocks than I do and is far less interested in the … Continue reading Investing in Shipping Stocks: Lessons from Walter Schloss

Three Ideas in Shipping

Deep value is found at the corner of “yucky” and “no way in hell” and over the last twenty years, shipping stocks have exhibited those two characteristics a hundred times over. Alex did a great job summarizing the macro view of the shipping market in his latest article, which you can read here. To brush up, … Continue reading Three Ideas in Shipping

GrafTech (EAF): A Fallen IPO Generating Hefty FCF Through Long-Term Contracted Revenues

**Idea Source: Massif Capital** GrafTech International (EAF) is a leading manufacturer of high-quality graphite electrode products that are essential components to the production of Electric Arc Furnace steel. The company sports a vertically integrated, highly differentiated business model with supply-side advantages giving it pricing power over competitors. Reduced supply of electrodes coupled with increased demand … Continue reading GrafTech (EAF): A Fallen IPO Generating Hefty FCF Through Long-Term Contracted Revenues

The Bias of The Overlooked & Misunderstood: An Accountability Post

**EDIT: After posting this I realized this is my 100th post on The Market Plunger blog. Thank you to those that have been with the blog from the very beginning -- and thank you to those that have joined between then and now.** This blog's purpose is to hold me accountable. Whether in my valuation, … Continue reading The Bias of The Overlooked & Misunderstood: An Accountability Post

Criteo, Inc (CRTO): Privacy Regulations Turns Into Forced Selling & Opportunity

*Idea Source: Steven Wood, Greenwood Investors Massive selling from new ITP Regulations set forth by Apple and European departments have caused share prices of the digital performance advertising company to fall to 4x EV/EBITDA -- well below industry averages. With almost all of the negative news surrounding the new privacy laws baked into the price, … Continue reading Criteo, Inc (CRTO): Privacy Regulations Turns Into Forced Selling & Opportunity