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Spinoff Links – October 1, 2017

Here are the links I’m following in the stock spinoff and beyond world: Hamilton Beach Spinoff - Nacco Industries (Ticker: NC) spinoff Hamilton Beach (Ticker: HBB) began regular way trading on Friday, September 29th. Clark [...]

By |October 1st, 2017|Categories: Uncategorized|1 Comment

Spinoff Links – August 17, 2017

Investing in Special Situations Podcast Episode – This is an episode from the Planet Microcap. The host interviews Mark Vanderwell, a full time special situations investor and member of Micro Cap Club. Mark dives into [...]

By |August 17th, 2017|Categories: Uncategorized|0 Comments

Stock Spinoffs and Indiscriminate Selling

A reader of blog recently asked me the following question: “Is there a way to tell when the initial selling pressure has ceased by looking at volume or something? How long does it typically take?” [...]

By |May 21st, 2017|Categories: Uncategorized|19 Comments

Superinvestors and Stock Spinoffs: What Munger, Klarman, Greenblatt and Lynch Have to Say about Investing in Spinoffs

I’ve known for a while that many of the world’s Superinvestors advocate investing in spinoffs. After all, that’s one of the reasons why I originally became interested in researching spinoffs. While there are many, relatively [...]

By |February 13th, 2017|Categories: Uncategorized|15 Comments

Spinoff Links – December 23, 2016

Versum Materials Spinoff – Versum (VSM) is the recent spinoff of APD, VSM focuses on specialty gases, specialty chemicals, and services and equipment to the electronics industry. There has been some insider buying of late [...]

By |December 23rd, 2016|Categories: Uncategorized|7 Comments

Liberated Syndication Spinoff

We have spent eight months following and researching the spinoff of Liberated Syndication. Here is the investment case in a nutshell: Liberated Syndication (Ticker: LSYN) is microcap software-as-a-service (SAAS) business with recurring revenue growing 25%+ [...]

By |December 12th, 2016|Categories: Uncategorized|4 Comments

Spinoff Links – December 4, 2016

Hilton Spinoff - Clark Street Value does a nice job summarizing the Hilton Spinoff. At this point, he doesn’t see upside in shares, but his estimate of the expected value of each division is super [...]

By |December 4th, 2016|Categories: Uncategorized|0 Comments

Nuvectra Spinoff – Updated Thoughts

For background on the Nuvectra investment, please refer to my original investment case here: http://stockspinoffinvesting.com/micrcap-stock-spinoff-trading-below-book-value/ Additionally, there is a very good Value Investor Club write up here: https://www.valueinvestorsclub.com/idea/NUVECTRA_CORP/138336#description   Short Background Nuvectra is a neuromodulation [...]

By |November 27th, 2016|Categories: Uncategorized|5 Comments

Armstrong Flooring Reports Q3 Results

Last week, Armstrong Flooring  (AFI) reported third quarter results. For background information on the company, refer to my earlier post: http://stockspinoffinvesting.com/armstrong-flooring-stock-spinoff-with-138-upside/ My original investment case for AFI in a nutshell is as follows.  AFI sells [...]

By |November 21st, 2016|Categories: Uncategorized|0 Comments

Aptevo – Additional Thoughts

For the full investment case on APVO, please refer to my original write-up: http://stockspinoffinvesting.com/aptevo-therapeutics-an-orphaned-spinoff/ In this post, I wanted to share a few thoughts on APVO's current portfolio of commercial products and then its pipeline. Current [...]

By |November 13th, 2016|Categories: Uncategorized|2 Comments

Lamb Weston Spinoff

ConAgra is spinning off Lamb Weston Holdings, its frozen potato business (think french fries). Joe Cornell did a nice job summarizing the pending spinoff in Forbes. The ticker will be LW and when issued trading [...]

By |October 29th, 2016|Categories: Uncategorized|0 Comments

Aptevo Therapeutics: An Orphaned Spinoff

Aptevo (APVO) is a recent spinoff from Emergent Biosolutions (EBS), an underfollowed biodefense company. For reasons described below, Aptevo was sold indiscriminately and is currently trading well below any reasonable estimate of fair value. Reason [...]

By |September 26th, 2016|Categories: Uncategorized|3 Comments

Lessons Learned Investing in Quorum Health

After doing some work on QHC, I bought the stock based on the thesis that I outline below. Unfortunately, last week QHC reported a VERY DISAPPOINTING quarter the stock dropped by roughly 50%. I’ve sold [...]

By |August 21st, 2016|Categories: Uncategorized|4 Comments

Armstrong Flooring: Spinoff with +138% upside

I was first attracted to AFI because it’s a small cap spinoff, and small cap spinoffs tend to outperform the market and outperform other spinoffs, as I’ve noted in prior write-ups. http://stockspinoffinvesting.com/stock-spinoff-performance-by-market-cap/ After reviewing AFI’s [...]

By |May 23rd, 2016|Categories: Uncategorized|3 Comments

Armstrong Flooring: Stock Spinoff with 100%+ Upside

Take a look at Armstrong Flooring. Ticker is AFI. I'm working on a full write up, but here's the short pitch. AFI sells flooring material which is benefiting from a strong housing market. AFI was spun [...]

By |May 15th, 2016|Categories: Uncategorized|0 Comments

Nuvectra: Microcap Stock Spinoff Trading Below Book Value

Nuvectra (Ticker: NVTR) first piqued my interest because it is a microcap spinoff and microcap spinoffs generate huge returns in year one. See the chart below: However, you have to be extremely careful investing in [...]

By |April 11th, 2016|Categories: Uncategorized|4 Comments

Stock Spinoff Performance by Market Cap

I wanted to share a quick stock spinoff analysis. I downloaded all the stock spinoff data that was available on Bloomberg and then analyzed total 1 year return, 3 year return and 5 year return, [...]

By |March 21st, 2016|Categories: Uncategorized|2 Comments

What is a Stock Spinoff?

A stock spinoff occurs when a publicly traded company splits into two companies. Let’s walk through an example to see what that really means:   Example: ConocoPhillips Spinning off Phillips 66   In 2011, ConocoPhillips [...]

By |February 29th, 2016|Categories: Uncategorized|0 Comments

How to Find Stock Spinoffs

As the chart above shows, stock spinoffs can be a fertile area to find profitable investment ideas. Joel Greenblatt, founder of Gotham Capital, would agree. In “You Can Be a Stock Market Genius” he writes: [...]

By |February 18th, 2016|Categories: Uncategorized|0 Comments

 

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