Tuesday, September 21, 2021

Capital Employed Podcast

I was recently interviewed on the Capital Employed Podcast by Jon Kingston.  It was a lot of fun.  Jon keeps it quick.  We talked about my background and style then dug into two stocks: PGNT and GVP.  

GVP is one I've not talked about before on the blog so tune in to hear more.  PGNT I wrote up a few months ago.  

You can listen on YouTube here and Spotify here.  

Enjoy!


--Dan

disclosure: long GVP, PGNT

6 comments:

  1. GVP is trading under $0.60. They are almost cashflow-neutral now, with new orders, and general tailwinds from the nuclear industry. They are priced as if they are going bankrupt.

    ReplyDelete
    Replies
    1. well it's really moving today. I bought some this morning but maybe should've been more aggressive. agree it's cheap

      Delete
    2. GVP missed earnings and the price is now $0.55. The whole market cap is at $13m. They seem to have good order pipeline going forward, but since these orders have not been completed yet, they are not reflected in earnings. It looks that they are one or two quarters away from profitability. In any case, seems to me, at this price the risk-reward is skewed positively. What is the downside from here?

      Delete
  2. You have probably seen this:
    Concerned Shareholder of GSE Systems Urges All Shareholders to Vote NO at GSE Systems, Inc. Annual Meeting
    https://www.accesswire.com/viewarticle.aspx?id=759841&lang=en

    I still like the risk/reward here especially that . Been buying more around $0.45

    ReplyDelete
    Replies
    1. yes thanks, I wrote about it recently: http://www.nonamestocks.com/2023/06/activism-and-change-at-gvp.html

      Delete
  3. * I still like the risk/reward here especially that backlog keeps increasing lately.

    ReplyDelete