$DRVN Full year numbers DIDNT CHANGE in our view. They mentioned restatement costs of at least $50mm and the midpoint of restatement before was 40... My guess is incremental restatement cost is 10-20.. So if the restatement is high might have even been a beat...
Take 5 comp was 4.9 pct and holding two year stack in 4q would imply 8.5 pct... this seems like a kitchen sink to me.
Franchise brands and auto glass both look good too.
I had an LP call my “shitco” … “snackwell”…. They can “snack” on this. $STGW @Mark_Penn @jayleveton @ballan11
Funny thing is it’s still 6x PE in 2027 ahead of a generational 2028 political year.
$makeshitcosgreatagain
$compoundersat30xPEnotthesamewith10yrat5pct
$makingmoneythehardway. Or easy way?
Hight quality white collar talent with their own agentic OS @Mark_Penn @jayleveton @ballan11
SNACKWELL AI !!! 🤖 🖥️📈
finance.yahoo.com/media-adve…
$STGW
I had an LP call my “shitco” … “snackwell”…. They can “snack” on this. $STGW @Mark_Penn @jayleveton @ballan11
Funny thing is it’s still 6x PE in 2027 ahead of a generational 2028 political year.
$makeshitcosgreatagain
$compoundersat30xPEnotthesamewith10yrat5pct
$makingmoneythehardway. Or easy way?
Yes they can…. But they said it was substantially undervalued at 18.
$drvn
Roark could take Driven's $DRVN debt back to 5x ND/EBITDA (vs. 3.1x currently) and buyout the 39% public float at $18/sh with only ~$200 mn outlay. Could then look to de-lever by selling Meineke, Maaco, and/or collision brands and only open Take5 franchisees (no co owned stores)
Another interesting SOTP play. Love my topo atmos. $DBI
Today we amended our 13D and filed this presentation summarizing our view of $DBI and Topo Athletic
sec.gov/Archives/edgar/data/…
King William as my son likes to refer to him out with his first public position. Don’t sleep on him.
$LIFE
Muse thoughts. $LIFE appears to be a big beneficiary here. They're functionally an MGA with proprietary technologies that allows what has traditionally been a laborious and in-person process to move online.
Expect their business to further accelerate with a brand-new traffic source. Muse!
See the below video. Ask Muse to find a life insurance policy and watch it go straight to Ethos and work through the flow. @get_Ethos
Holiday weekends create idle hands… funny how the robot just “knows”… pretty soon shareholders will too. $CODI @CODIequity @ACapitalLP @AsifSuria @joemassoud
$DRVN.. The Company is likely trading at 6x EBIT(DA) and ~14 pct FCF yield and ~20 pct on maintenance in 2027. 8 mm shares are short and the de facto float is 32 mm (backing out large long term owners).. Can basically buyback the entire float with one year of FCF. Not $VVV
$codi is it them or me?
finance.yahoo.com/markets/st…
Got too excited I forgot to post the link…..
$DRVN
WE. WILL. NOT. STOP.
$DRVN
finance.yahoo.com/markets/st…
