Podcast by Andrew Walker, a PM at Rangeley Capital, Yet Another Value Podcast

Yet Another Value Podcast

Podcast by Andrew Walker, a PM at Rangeley Capital

Yet Another Value Podcast is a new podcast from Andrew Walker, the founder of yetanothervalueblog.substack.com/. We interview top investors and dive deep into stocks and companies they are currently working on and investing in. While nothing on this channel is investing advice and everyone should do their own diligence, our goal is to frequently feature edgy and actionable value and/or event driven ideas. Please see our legal and disclaimer at: https://yetanothervalueblog.substack.com/p/legal-and-disclaimer

Equity Bottom-Up

Seaport Entertainment Group, Inc. engages in the provision of restaurant, retail and leisure services. It operates through the following segments: Landlord Operations, Hospitality, and Sponsorships, Events and Entertainment. The Landlord Operations segment refers to the operation of physical real estate assets. The Hospitality segment focuses on food and beverage operating businesses. The Sponsorships, Events and Entertainment segment consists of the Las Vegas Aviators, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, Seaport events and concerts, and sponsorship agreements. Seaport Entertainment Group was founded on January 24, 2024 and is headquartered in New York, NY.

<ul><li>Seaport Entertainment is a collection of loss-making and complicated properties primarily in the Seaport district of New York and Las Vegas, spun out from Howard Hughes in July 2023</li><li>The company has potential for significant upside, with a market cap of $250 million and estimated potential recovery to $50 per share in three years</li><li>The new management team has the right background in entertainment and hospitality to transform the neglected properties into a prime real estate destination.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Seaport Entertainment is a collection of loss-making and complicated properties primarily in the Seaport district of New York and Las Vegas, spun out from Howard Hughes in July 2023The company has potential for significant upside, with a market cap of $250 million and estimated potential recovery to $50 per share in three yearsThe new management team has the right background in entertainment and hospitality to transform the neglected properties into a prime real estate destination.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Plural Investing's Chris Waller on the entertainment and hospitality turnaround at Seaport $SEG

ACM Research, Inc. develops wet processing technology. The Company produces equipment for a range of applications in integrated circuits and wafer level packaging, as well as offers coating, developer, wet stripping, scrubber, and plating systems. ACM Research serves customers worldwide.

<ul><li>ACMR is a wafer fabrication equipment company that sells tools to semiconductor fabrication plants</li><li>The company operates in a sector dominated by oligopolies with strong competitive advantages</li><li>The symbiotic relationship between FABS and WFE makers creates barriers to entry for new competitors, providing long-term stability for the industry and companies like ACMR.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

ACMR is a wafer fabrication equipment company that sells tools to semiconductor fabrication plantsThe company operates in a sector dominated by oligopolies with strong competitive advantagesThe symbiotic relationship between FABS and WFE makers creates barriers to entry for new competitors, providing long-term stability for the industry and companies like ACMR.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Kerrisdale Capital's Sahm Adrangi on $ACMR's price dislocation between Shanghai and NASDAQ listings

Sage Therapeutics, Inc. develops treatments for central nervous system disorders. The Company provides treatments for schizophrenia, major depressive disorder, pain, and traumatic brain injury conditions. Sage Therapeutics operates in the United States.

<ul><li>Full House Resorts (FL) and Sage Therapeutics (SAGE) are discussed as potential investment opportunities</li><li>Passive investing is overtaking active investing, raising questions about price discovery and corporate governance</li><li>Passive managers take a formulaic approach to corporate governance, focusing on best practices rather than active engagement</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Full House Resorts (FL) and Sage Therapeutics (SAGE) are discussed as potential investment opportunitiesPassive investing is overtaking active investing, raising questions about price discovery and corporate governancePassive managers take a formulaic approach to corporate governance, focusing on best practices rather than active engagementThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Yet Another Value's special situation: Sage Therapeutics $SAGE

Groupon, Inc. operates a shopping website that shares information on local goods, services, and cultural events for businesses and consumers worldwide. The Company provides information on activities, travel destinations, consumer products, and live events.

<ul><li>Groupon is a lead generation tool for local service businesses that offers discounted deals.</li><li>The speaker, from the hedge fund Windward, believes Groupon presents a highly asymmetric and convex investment opportunity with potential for a 5 to 1 risk-reward ratio.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Groupon is a lead generation tool for local service businesses that offers discounted deals.The speaker, from the hedge fund Windward, believes Groupon presents a highly asymmetric and convex investment opportunity with potential for a 5 to 1 risk-reward ratio.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Windward's Marc Chalfin and Jay Upadhyay describes the overhaul and new vision at Groupon $GRPN

Thematic (Sector/Industry)

<ul><li>Disclaimer: Podcast does not provide investing advice</li><li>Discussion on AI, data centers, and electrification trends</li><li>Concerns about potential oversupply of data centers and energy optimization in the future</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Disclaimer: Podcast does not provide investing adviceDiscussion on AI, data centers, and electrification trendsConcerns about potential oversupply of data centers and energy optimization in the futureThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

SemiAnalysis' Jeremie Eliahou Ontiveros on the supply/demand dynamics of AI and data centers

Yet Another Value Podcast is a new podcast from Andrew Walker, the founder of yetanothervalueblog.substack.com/. We interview top investors and dive deep into stocks and companies they are currently working on and investing in. While nothing on this channel is investing advice and everyone should do their own diligence, our goal is to frequently feature edgy and actionable value and/or event driven ideas.


Please see our legal and disclaimer at: https://yetanothervalueblog.substack.com/p/legal-and-disclaimer

Yet Another Value Podcast
Podcast by Andrew Walker, a PM at Rangeley Capital
• Yet Another Value Podcast

Plural Investing's Chris Waller on the entertainment and hospitality turnaround at Seaport $SEG

Caesar's exceeded synergy targets, Fin tool enhances research, SeaPort spun out from Howard Hughes with loss-making properties, poised for...

Yet Another Value Podcast

Kerrisdale Capital's Sahm Adrangi on $ACMR's price dislocation between Shanghai and NASDAQ listings

In-depth expert insights reveal unique consumer behavior, making companies like ACMR an intriguing long-term investment opportunity in the...

Yet Another Value Podcast

Yet Another Value's special situation: Sage Therapeutics $SAGE

The podcast episode explores the impact of passive investing on corporate governance, potential investment opportunities in Full House Resorts (FL)...

Yet Another Value Podcast

Windward's Marc Chalfin and Jay Upadhyay describes the overhaul and new vision at Groupon $GRPN

Windward Capital Management sees Groupon as a potentially lucrative investment opportunity due to its lead generation business model, high...

Yet Another Value Podcast

SemiAnalysis' Jeremie Eliahou Ontiveros on the supply/demand dynamics of AI and data centers

This podcast discusses the latest trends in the market, focusing on AI, data centers, and electrification while emphasizing the importance of...

Yet Another Value Podcast