Focused Compounding | Jayden Preston | Activity https://focusedcompounding.com/members/jaydenpreston/activity/ Activity feed for Jayden Preston. Tue, 31 Mar 2026 01:08:04 -0500 https://buddypress.org/?v= en-US 30 hourly 2 6a6678948a8b6718adb5163c01fa75ec Jayden Preston commented on the post, Highly Cash Generative Aquarium Operator https://focusedcompounding.com/highly-cash-generative-aquarium-operator-2/#comment-408 Mon, 23 Mar 2020 04:20:30 -0500 Hey Miguel,

Thanks for the write-up. A very high level question: Why have earnings and operating cash flows declined in the past few years?

Thanks.

]]> ea2d4f00abe02c0bf1a2ee24ca6f46c2 Jayden Preston commented on the post, Points International (PCOM): A 10%+ Growth Business That’s 100% Funded by the Float from Simultaneously Buying and Selling Airline Miles https://focusedcompounding.com/points-international-pcom-a-10-growth-business-thats-100-funded-by-the-float-from-simultaneously-buying-and-selling-airline-miles/#comment-383 Wed, 18 Dec 2019 13:51:29 -0600 Could they be doing this for the guarantee they can get from Point?

]]> 05e41845f259a4a79d4fc8b011dced85 Jayden Preston commented on the post, Stella-Jones: Long-Term Contracts Selling Utility Poles and Railroad Ties Add Up to A Predictable, Consistent Compounder that Unfortunately Has to Use Debt to Beat the Market https://focusedcompounding.com/stella-jones-long-term-contracts-selling-utility-poles-and-railroad-ties-add-up-to-a-predictable-consistent-compounder-that-unfortunately-has-to-use-debt-to-beat-the-market/#comment-382 Mon, 16 Dec 2019 05:13:53 -0600 Hey Geoff, this is Jayden. How did you come up with the 3x EBITDA being the acceptable level for net debt?

]]> d0a152305b9f092ab57cdefb8948b116 Jayden Preston wrote a new post https://focusedcompounding.com/?p=4402 Tue, 05 Nov 2019 14:34:58 -0600 Qurate Retail  Prelude This is the year 2019. And shopping has never been easier. Browse for a product on Amazon, and tens of thousands of options show up; with just one click, your chosen product will be by yo […]

]]> 3bb2e8584b4eb292649d8e049006f430 Jayden Preston commented on the post, Vulcan International (VULC): A Dark, Illiquid Company Planning to Liquidate its Portfolio of Bank Stocks and Dissolve https://focusedcompounding.com/vulcan-international-vulc-a-dark-illiquid-company-planning-to-liquidate-its-portfolio-of-bank-stocks-and-dissolve/#comment-285 Sun, 14 Oct 2018 09:31:26 -0500 What if the price of those two stocks drop further? Don’t you find it necessary to study PNC and US Bankcorp? Do you need to maybe hedge against them?

]]> 3315686fa3f959f3c3541fa58fc08d7c Jayden Preston commented on the post, DHI Group (NYSE: DHX) https://focusedcompounding.com/dhi-group-nyse-dhx/#comment-283 Thu, 11 Oct 2018 00:56:29 -0500 Thank you for sharing with us this idea. But may I ask why is it not interesting enough for you to have a position?

]]> 0ef801e3cd2c23f55e56ec793a4a4508 Jayden Preston commented on the post, Geoff's SEC Filing Notes for: Resideo (a Planned Honeywell Spin-off) https://focusedcompounding.com/geoffs-sec-filing-notes-for-resideo-a-planned-honeywell-spin-off/#comment-280 Mon, 24 Sep 2018 00:38:52 -0500 Definitely very interested in seeing your notes. Thanks Geoff

]]> eacbb93d25bf1daebd2a4eb37c88cbcd Jayden Preston and Mister Compounder are now friends https://focusedcompounding.com/activity/p/579/ Thu, 23 Aug 2018 12:12:47 -0500 0 9edc1cecff81d4c5bbaa13ca81d3a638 Jayden Preston commented on the post, Box (BOX): Negative Earnings and Free Cash Flow Disguise Beautiful Customer Economics https://focusedcompounding.com/box-box-negative-earnings-and-free-cash-flow-disguise-beautiful-customer-economics/#comment-254 Tue, 19 Jun 2018 12:59:38 -0500 Hi Trey,
Sorry for the late reply.
Certainly. I have found it difficult as well.

I wouldn’t say it’s necessarily a misalignment between management and shareholders though. For instance, while Aaron Levie onl […]

]]> b1c08108c3c880859a175d0ceeab881e Jayden Preston commented on the post, Pandora A/S (CPH: PNDORA) https://focusedcompounding.com/pandora-a-s-cph-pndora-24-may-2018/#comment-242 Sun, 27 May 2018 11:08:30 -0500 I’m glad to announce the quality of write-ups on Focused Compounding keeps going up!

]]> 3d7a993c2d3e2823653c0addb3e020ae Jayden Preston commented on the post, Box (BOX): Negative Earnings and Free Cash Flow Disguise Beautiful Customer Economics https://focusedcompounding.com/box-box-negative-earnings-and-free-cash-flow-disguise-beautiful-customer-economics/#comment-224 Wed, 16 May 2018 15:31:23 -0500 Thank you Trey for your comment.

You are absolutely correct. I should have mentioned the share dilution. The dilution was 5% in the past 2 years. As growth slows gradually, the level of dilution is likely to […]

]]> 398d6647ec19792f1525d68c989d4b5d Jayden Preston commented on the post, Entercom Communcations (ETM): The Second Largest Radio Station Owner in the U.S. Trades at a Lower EV/EBITDA Than its Debt Laden Peers https://focusedcompounding.com/entercom-communcations-etm-the-second-largest-radio-station-owner-in-the-u-s-trades-at-a-lower-ev-ebitda-than-its-debt-laden-peers/#comment-211 Wed, 09 May 2018 15:31:25 -0500 Thanks Vetle.

I see the licenses are not being amortized. Is this because the licenses do not expire?

]]> cad5f58c00206bbf180c7d7bc3f6eb3a Jayden Preston commented on the post, Entercom Communcations (ETM): The Second Largest Radio Station Owner in the U.S. Trades at a Lower EV/EBITDA Than its Debt Laden Peers https://focusedcompounding.com/entercom-communcations-etm-the-second-largest-radio-station-owner-in-the-u-s-trades-at-a-lower-ev-ebitda-than-its-debt-laden-peers/#comment-195 Mon, 07 May 2018 17:05:52 -0500 Thank you for the write-up Vetle!
Could anyone brief us on how does the broadcasting licensing for radio work? (Price, duration and etc…)
And what would you guys estimate the ROIC of the company be?
Thanks everyone!

]]> d8a6d4ed2f73f90088a2aab36895a2f7 Jayden Preston commented on the post, AutoNation (AN): A Cheap Cannibal with Minimal Downside https://focusedcompounding.com/autonation-an-a-cheap-cannibal-with-minimal-downside/#comment-180 Mon, 23 Apr 2018 10:55:02 -0500 Thank you for the fantastic write-up!

]]> be08655ed2a492038349926c00a77e13 Jayden Preston commented on the post, ExxonMobil (XOM): A Blue-Chip Energy Company Likely to Provide Double-Digit Returns https://focusedcompounding.com/exxonmobil-xom-a-blue-chip-energy-company-likely-to-provide-double-digit-returns/#comment-150 Sun, 01 Apr 2018 10:17:17 -0500 Hi Trey, thanks for the nice write up!

Do you have any theory or idea why Exxon has had lower cost of production than its competitors? And how likely is this advantage to be sustained? Would be great if you can […]

]]> 11176e94a0be63fb51cb0a32b2af2c4f Jayden Preston commented on the post, EM Systems: The Japanese Industry Leader in Pharmacy Software https://focusedcompounding.com/em-systems-the-japanese-industry-leader-in-pharmacy-software/#comment-149 Sun, 01 Apr 2018 03:20:26 -0500 It’s great seeing you here Clayton!

]]> cc76332d689862ace2f38d0b237495ae Jayden Preston commented on the post, Summerset (SUM): A New Zealand Retirement Village Developer with "Float" https://focusedcompounding.com/summerset-sum-a-new-zealand-retirement-village-developer-with-float/#comment-134 Sun, 25 Mar 2018 12:40:59 -0500 This is a magnificent write-up
Thanks for sharing Andre.
Just a quick question first, for the last point under the Valuation section, do you mean SUM is currently trading at 2x Book Value instead of 2x 2018 […]

]]> dba3c61e42c8cb1a8d6be4c17bd31d6a Jayden Preston commented on the post, Booking Holdings (BKNG): A Fast Growing Industry Leader Built on Network Effects and a Strong Brand https://focusedcompounding.com/booking-holdings-bkng-a-fast-growing-industry-leader-built-on-network-effects-and-a-strong-brand/#comment-133 Sat, 24 Mar 2018 17:48:43 -0500 Excellent article Mister Compounder*!!

]]> 3a2bd518d0b90ff0a97d9a986441f13b Jayden Preston commented on the post, Booking Holdings (BKNG): A Fast Growing Industry Leader Built on Network Effects and a Strong Brand https://focusedcompounding.com/booking-holdings-bkng-a-fast-growing-industry-leader-built-on-network-effects-and-a-strong-brand/#comment-132 Sat, 24 Mar 2018 17:47:54 -0500 Excellent Article Mister Compounding!!

]]> af9358de0fdff157c85d3d137789d72b Jayden Preston commented on the post, Amadeus: An Aggregation Platform and IT Business That Will Grow Along with Airline Passenger Volumes https://focusedcompounding.com/amadeus-an-aggregation-platform-and-it-business-that-will-grow-along-with-airline-passenger-volumes/#comment-130 Sat, 24 Mar 2018 14:10:54 -0500 Hi Philip, I can only say this: This is an excellent article.

Cheers,
Jayden

]]> 97a6e0d2b48c5eb29bcb9ea1e38e19ce Jayden Preston commented on the post, General Electric (GE): Step Zero – Will We Ever Be Able to Value This Thing? https://focusedcompounding.com/general-electric-ge-step-zero-will-we-ever-be-able-to-value-this-thing/#comment-115 Tue, 27 Feb 2018 14:08:21 -0600 Excellent post as always. You should definitely do more of this

]]> 9d98bd520de3dfeec519d7168733fe6f Jayden Preston commented on the post, Babcock & Wilcox Enterprises (BW): A Risky Stock Getting Activist Attention https://focusedcompounding.com/babcock-wilcox-enterprises-bw-a-risky-stock-getting-activist-attention/#comment-114 Fri, 23 Feb 2018 17:56:01 -0600 Absolutely agree!

]]> e6f31b11f941508ad6390453afbe4016 Jayden Preston commented on the post, Cimpress (CMPR) https://focusedcompounding.com/cimpress-cmpr/#comment-101 Wed, 07 Feb 2018 02:42:28 -0600 Thank you David for your comment.

The company has changed the way they report retention rate over time.

I picked up the 26% figure on page 32 from their 2017 Investor Day Slide. Here, I believe the number […]

]]> 68a00f11c5d0d6d3bd3a0972b2fc5e0d Jayden Preston commented on the post, The Cheesecake Factory (CAKE) https://focusedcompounding.com/the-cheesecake-factory-cake/#comment-82 Tue, 19 Dec 2017 15:20:56 -0600 Hi Phil,

Thank you so much for your kind words!

I see that you have finally posted the long-awaited article on Young and Co’s Brewery PLC! I am going to read that right away.

Thanks.

Regards,
Jayden

]]> 7c6d87d99fe62c8d0d514ec898be494f Jayden Preston commented on the post, Finding the Right P/E Multiple – Or How to Handicap a Stock https://focusedcompounding.com/finding-the-right-pe-multiple-or-how-to-handicap-a-stock/#comment-80 Sun, 17 Dec 2017 15:32:37 -0600 Just reread this. Awesome.

]]> 7230e7188c2b3394da76a62579822ee8 Jayden Preston commented on the post, The Cheesecake Factory (CAKE) https://focusedcompounding.com/the-cheesecake-factory-cake/#comment-78 Fri, 08 Dec 2017 04:46:30 -0600 Thank you so much guys.
Glad to know you enjoyed reading that as I have enjoyed reading writeups from both of you.

]]> 3cc5296f529c4bb8d0233f104a43eff2 Jayden Preston commented on the post, Hamilton Beach Brands (NYSE:HBB) - Quick Valuation https://focusedcompounding.com/hamilton-beach-brands-nysehbb-quick-valuation/#comment-68 Fri, 29 Sep 2017 15:51:37 -0500 Is it valued at around $438 million now?

]]> f1afb7db6ae2e189089d016e5759d39f Jayden Preston commented on the post, Protector Forsikring (OSLO: PRTOCT) https://focusedcompounding.com/protector-forsikring-oslo-prtoct/#comment-65 Thu, 07 Sep 2017 16:43:31 -0500 Thank you so much for the reply!

]]> 693abf799e58397afd49646b27044ff8 Jayden Preston wrote a new post https://focusedcompounding.com/?p=2246 Tue, 08 Aug 2017 00:48:36 -0500 Introduction Founded in 1965, RLI Corp. is a specialty insurance company with a niche focus. Initially, the company was called Replacement Lens Inc.*, as the company started out as an insurer for contact lens. […]

]]> cd310e96f93f5664efcf7b43708138ef Jayden Preston commented on the post, Protector Forsikring (OSLO: PRTOCT) https://focusedcompounding.com/protector-forsikring-oslo-prtoct/#comment-55 Sun, 23 Jul 2017 06:41:47 -0500 Hi I have a question on their cost advantage. Since unlike GEICO, Protector doesn’t use a different distribution model, how have they been able to manage their business with a much lower cost ratio than its […]

]]> e167af027ee06c988ed881c0c74e3fc7 Jayden Preston wrote a new post https://focusedcompounding.com/?p=2208 Sun, 02 Jul 2017 07:03:07 -0500 On 16 June 2017, Amazon announced a $13.7 billion acquisition of Whole Foods. The announcement then engendered meaningful declines in stock prices of major grocers/supermarkets, not just in the US but also in […]

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