Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (7779)	11/14/2023 7:17:36 PM
From: Sean Collett	1 Recommendation Recommended By Sun Tzu Read Replies (1) \| Respond to of 10713

I know your ask was at 60, but figured I would share the notes I took on their 10-Q as well as their investor day. I shared them on the value forum. Investor day recap: Message 34474267 10-Q recap: Message 34468906 -Sean

To: Sun Tzu who wrote (7779)	11/15/2023 7:58:36 AM
From: sixty2nds	Respond to of 10713

The short story... The debt stack is handled through 2025 as per Mgt. The only exception being "severe recession" Mgt was almost giddy listening to the call. I'd say corks were popped when the numbers came in. That is my take having listened to and read at least 2 years of CC's. There is a distinct difference in tone over the last 3 or 4 calls. Admitting defeat and selling Zulilly was BIG. It was a very large drain on FCF and Time. THAT is not really discussed. It is in the numbers. If you want the cheat sheet listen and/or read the QnA. If you want to spend a little more time read/listen to the current and previous 2 CC's Cheers, 60