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adamo's avatar

Most of the time l don't follow them. I have no energy and time. I try to be concentrated and focus on my holdings. What do you think of Quipt and Forager? I bought it to ride the merger. But the ceo mentioned he could do some acquisition up to 2.5x EBITDA/debt. I pissed myself and sold it. Haha I don't follow it now because l have no idea what he will do.

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Dean's avatar

Thanks for commenting. I find being concentrated has it's pros and cons when trying to analyze decision making. Focusing on what you already own is a great way to maintain conviction in them. To each their own is probably the best way to look at it.

I don't really know with QIPT. I still have an arb sized position for me, which is quite small. I think Forager will be much more aggressive once the agreement expires in August. I can't see the CEO staying on board if there is enough support to really shop the business around. So, I'm a bit perplexed at why he isn't playing ball with them. Maybe they have made it clear that no matter what happens, he will be replaced.

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YZ's avatar

That’s something that I think I need to do more often but I usually do it only when “I have free time and I remember to do it” which is actually not too often.

I think I should do it again soon

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