Charles MillerJan 19, 20246 min read$IEL - Compelling here to $18/share mark. Next M&A is key given their cash hoard. Canada IELTs losses partly baked in
Charles MillerNov 27, 20234 min read$MCE - Warts & all. If you believe oil will stay elevated this is how you play it
Charles MillerOct 5, 20234 min read$TUA - Poor Risk/Reward at $1bn Mkt Cap. A top pick in a pullback (i.e. $1.65 mark)
Charles MillerAug 8, 20233 min read$AQZ - Tactically ok. However, not the capital-light play you want in a downturn
Charles MillerMay 31, 20234 min read$CHI.NZ - Stranded asset after a rally. Not a trap if long-term NZ jet fuel demand is strong
Charles MillerMay 1, 20234 min read$SOC - Evolving beyond MSFT services for Fed Gov at a reasonable price
Charles MillerApr 16, 20235 min read$AUB & $DDR – Sadly it's a 'no' for both but for very different reasons. Sharing regardless.
Charles MillerMar 27, 20234 min read$LGI - Good debt headroom to build MW capacity & offset falling prices
Charles MillerJan 29, 20233 min read$IAM – A small-cap retail fixed-income house. Too soon for me but definitely one to watch
Charles MillerJan 21, 20234 min read$NEC - A parochial bond-like play which will get cheaper as Free-to-Air fall instils fear in price
Charles MillerJan 6, 20236 min read$OBL - Mgmt fees & PF can offset huge overhead. US competition & strategy creep is the biggest risk
