Geoff Gannon commented on the post, NACCO (NC) 8 years, 1 month ago
Andre,
I listened to the earnings calls. There is some mention of these things in them.
A) Much of the cap-ex is probably for the consolidated mine. It includes buying new land to mine. I think cap-ex for an […]
Geoff Gannon wrote a new post 8 years, 1 month ago
As I’m writing this: the stock is back down to $32.85 a share, which is basically what I bought my shares at back in October. So, I wanted to point that out to members who thought the stock was more expensive than […]
Geoff Gannon wrote a new post 8 years, 1 month ago
Member write-up by Trey Henninger
Exxon Mobil (XOM) is one of the oil majors. Traditionally, being an oil major has meant being a fully vertically integrated company from oil exploration, drilling, […]
Geoff Gannon wrote a new post 8 years, 1 month ago
Member write-up by Clayton Young.
Thinking Points
EM Systems (TSE: 4820) is an industry leader in pharmacy software looking to leverage its strengths in closely related industries.
The company’s bi […] 
Geoff Gannon commented on the post, Keweenaw Land Association (KEWL) 8 years, 1 month ago
Vetle,
I agree with your approach. I think the company is at least as likely to be worth $127 a share as $104 a share. And yet the stock is at $101. That’s why I chose to write it up. A range of appraisals in […]
Geoff Gannon commented on the post, Keweenaw Land Association (KEWL) 8 years, 1 month ago
Trey,
Great question. I responded via a new article on Keweenaw:
Geoff Gannon wrote a new post 8 years, 1 month ago
Trey had a good question in response to my Keweenaw Land Association article:
“Are you willing to share your reason for not investing at this time?
My first pass analysis leads me to also not choose to i […]
Geoff Gannon commented on the post, Keweenaw Land Association (KEWL) 8 years, 1 month ago
Yes.
Geoff Gannon wrote a new post 8 years, 1 month ago
Wednesday, March 21st: Summerset by Andre Kostolany
Thursday, March 22nd: Fairfax Financial by Alex Middleton
Friday, March 23rd: Keweenaw Land Association by Geoff Gannon
To Focused Compounding members:
There […]
Geoff Gannon wrote a new post 8 years, 1 month ago
I’m creating this thread so there’s a place for members to discuss this stock and especially the April 12th board election.I wrote a full article about the stock […]
Geoff Gannon wrote a new post 8 years, 1 month ago
Keweenaw Land Association (KEWL) is an illiquid, unlisted stock. It trades something like $15,000 to $20,000 worth of stock on an average day. The company does not file with the SEC. However, you can find plenty […] 
Geoff Gannon wrote a new post 8 years, 1 month ago
Member write-up by: Alex Middleton
Introduction
In the past 10 years Fairfax Financial has achieved what can easily be considered sub part returns, however I believe that the company will outperform t […] 
Geoff Gannon wrote a new post 8 years, 1 month ago
Member write-up by: André Kostolany
Investment Horizon: 5+ years
Market Cap: 1,494MM NZD
Type: Compounder
Net Debt: 348 NZDMM
Target Upside: 150% (ability to compound 20%+ p.a.)
Price/Net […] 
Geoff Gannon wrote a new post 8 years, 1 month ago
Member write-up by Philip Hutchinson
Amadeus is a large, Spanish-headquartered IT company serving customers in the travel industry, tied to the long-term growth of transactions in the global travel […]
Geoff Gannon commented on the post, Pendrell (PCOA) Follow-Up: Reading into a CEO’s Past and the Dangers of “Dark” Stocks 8 years, 1 month ago
Trey,
Yes. That’s definitely true. This is something you’d need to put in your portfolio and just forget about till there is news about how the cash has been used. So, I’d size the position accordingly. If it’s […]
Geoff Gannon commented on the post, Pendrell (PCOA): A Company with Cash, a Tax Asset, and Almost No Liabilities 8 years, 1 month ago
Trey,
I thought your comment deserved a full follow-up. So, here it is:
Geoff Gannon wrote a new post 8 years, 1 month ago
A member commented to the write-up I did yesterday on Pendrell. I think the comment and my response are worth making into a full follow-up “memo”.
So, here they are:
“Geoff,
This company definitely seems […]
Geoff Gannon wrote a new post 8 years, 1 month ago
Pendrell is essentially a non-operating company with two assets: cash and net operating loss carryforwards. The cash appears on the balance sheet. The net operating loss carryforwards do not.
The most recent […]
Geoff Gannon wrote a new post 8 years, 1 month ago
Write-up by Mister Compounder
Summary
Asset light business model, with infinite return on capital, that requires little capital to grow enabling the use of cash flow for other pu […]
Geoff Gannon wrote a new post 8 years, 2 months ago
I apologize in advance for the disorganized and inconclusive nature of this write-up. By this point, I’ve read a little about GE. It’s a stock many of you have said you’d like to hear about. And yet, I’m not sur […]
