Monday, October 5, 2026

Selling Cenovus: Up 78% in 10 Months

Cenovus Energy, up 78% in 10 months, is sold after agreeing to buy Athabasca Oil for $5.7 billion at a rich valuation.

CVE $58B

Bison Insights Oct 5 2 clicks

Oct 5 GFL $15B

The Final Countdown: An Update on GFL’s Sale

310 Value’s Newsletter

Oct 5 CRWV $43B

The Thin Margin of Safety in Selling Compute

MBI Deep Dives 9 clicks

From X

@John_Hempton Sep 23

John_Hempton on X

@StanG42548339 @420yooper69AMC I appreciate it. By putting all that money into $AMC you allowed $AMC to issue more shares. It used that to repay bonds owned by hedge funds and bought at a discount. Hedge funds made money. You lost. Thanks for playing.

@majgeoinvesting Sep 23

Maj Soueidan on X

Apparently, my mom is now buying stocks. We're all in trouble now. She wanted to know what to buy (she already owns $SIF ). I gave her $RFIL and $OCC. This will clearly determine if I'll be invited to thanksgiving this year.

@BrokenMoats Sep 23 1 click

Broken Moats on X

Fully understand the threat and disruption to OTAs from agents circumventing to direct sources (no reason for Hilton to pay to get eyeballs on their properties if theres new way to discover availability, demand and price (keep the economics) I struggle to understand the risk to $ABNB though, assuming its from price competition to list (more discoverable so go with platform that charges the least in take rates??). No real ad revenue so even if you change how people engage with the network it does not have the same impact as businesses with paid placements/rankings A long way off from people coding or buying their own booking nd payment system to let bots discover their basement is available for rent. I would add even if this was readily available its highly unlikely to be the model as both parties want an intermediary to rely on for insurance, communications, arbitration, working capital (book, pay later). Interesting to see this one caught up to the same degree think a lot of the e-commerce players with ad revenue and ranking/paid promotional revenue have a lot more at stake

@leevalueroach Sep 23

Lee Roach on X

I ran some analysis on collectibles for $GME. When M2 money supply increases, spending on things like Pokemon cards increases. More money in circulation means more demand for collectibles. When money is cheap and plentiful, people bid up hard assets and speculative collectibles. https://t.co/h7Mvb6zrNx https://t.co/urTnqJzzOU

@AltayCapital Sep 23

AltayCap on X

$BKNG discourse regarding agents: If the interface to book changes, OTAs lose. Boutique hotels don't need to be tech savvy. They will run some white label SaaS product that interfaces with agents and handles booking. OTAs are bad for society. Huge take rates (20%+) due to rent seeking. No real innovation / value add to society. Disruption here is good. Disruption will be slow because I imagine bkng contracts will stifle adoption and agent usage is still nothing and won't be anything material for at least a decade. If bkng trades at 30 p/e, it would be an easy short. But today's valuation isn't too demanding. But still tempting to short.

@ACapitalLP Sep 23 2 clicks

A Capital on X

Event-driven 🤮 We saw this last week w/ $COO Good entry point? 🤷‍♂️ https://t.co/5eZ8Fpxj2w

@leevalueroach Sep 23

Lee Roach on X

Does anyone have access to this expert call on $EVC? https://t.co/qzqUNc627j

@irbezek Sep 23

Ian Bezek on X

@caseyjdonaldson @lhamtil I made 6-8x on $CNQ calls from that time period. I expect to make 3x on my long duration U.S. gov bonds ($EDV specifically). Could do better with calls but I don't have a strong view on exact timeline it plays out.

Portfolio Update September 2026

Portfolio added Otis Worldwide in the mid-$60s, increased Pool, Copart and Floor & Decor, and sold Berkshire Hathaway.

OTIS $25BCPRT $25B

D Invests Oct 5 1 click

Ciena, A Former Telecom Bust, Is Now In The Early Stages Of A Bona Fide Mega Boom

Ciena’s optical networking equipment sales to stronger telecom customers underpin a 2027 long thesis, unlike its 2000-era boom.

CIEN $57B

Marc Gerstein Oct 5 2 clicks

Brazil could be the Q4 Macro Play – My stock ideas: $NU, $INTR, $PICS and maybe $STNE, $PAGS, $DLO and $MELI

Brazilian fintechs NU, INTR and PICS stand to benefit from a Bolsonaro-led runoff surprise that lowers fiscal risk premiums, rates and the…

NU $74BINTR $3.2B

Substack von Philipp Oct 5 3 clicks

Nyxoah: Label Expansion Set To Unlock A Monopoly In A Billion Dollar Market.

Nyxoah's Genio implant could reach CCC patients after an FDA label expansion, targeting 30% of the obstructive sleep apnea device market by…

NYXH $135M

Stephen Tobin Oct 5 3 clicks

OMSE 2026-10-05

The Monday Morning Briefing: AI Drives Everything, Yet ROI on Massive Capex Remains Uncertain

Latticework’s briefing questions AI capex returns while featuring Close Brothers, Green Landscaping and OMS Energy Technologies.

OMSE $183M

Latticework by MOI Global Oct 5 2 clicks

British American Tobacco: Harvest

British American Tobacco’s U.S. reset revives combustibles and rebuilds its nicotine-pouch portfolio after legacy-brand writedowns and Velo…

BTI $121B

Invariant Oct 4 5 clicks

Practical Parametric Yield

Cerebras’s WSE-3 faces parametric-yield constraints that could restrict supply, making power and clock-speed tradeoffs central to its next…

CBRS $39B

Irrational Analysis Oct 4 3 clicks

Did Group 1 Overpay for Hennessy? The Seller’s Own Banker Says It Was a Record.

Group 1 paid $1 billion of goodwill for Hennessy’s 10 dealerships, a record $100 million per store, financed largely with $1.25 billion of…

GPI $2.8B

Cannibal Stocks Oct 4 4 clicks

The Art of Doing Financial Engineering

AI infrastructure’s $6.3 trillion financing gap is driving structured debt and asset-backed solutions, starting with Meta’s planned 5GW…

MS $294B

Net Interest Oct 3 5 clicks

Magnolia Oil & Gas: The WildFire Acquisition Closes

Magnolia Oil & Gas closed its $4 billion WildFire acquisition, adding Eagle Ford acreage with cost synergies and funding the deal with…

MGY $6.6B

Long Player Oct 3 2 clicks

HRVFF · long

Harvia Oyj

HRVFF $896M

Value Investors Club Jul 7 2 clicks

EVI Industries. Margin inflection or fake out?

EVI Industries says its ERP and service-platform build is largely complete, testing whether 10.8% revenue growth can finally outpace…

EVI $248M

Kairos Research Oct 2 2 clicks

EXCLUSIVE: Lennar’s Big New Customer Is Its Own Spinoff, Millrose

Lennar is selling homes to former spinoff Millrose, whose revenue largely comes from Lennar and whose largest voting shareholder is…

LEN $18BMRP $3.8B

Hunterbrook Oct 2 2 clicks

Single Stock Spotlight #16: Huckleberry.AI (HUCK)

Huckleberry.AI trades near $3.30 against $221 million of cash and $900 million-plus of NOLs after selling its operating business, creating…

HUCK $145M

Hidden Rock Capital's Newsletter Oct 2 5 clicks

Nike: The Defense Holds, the Offense Is Unproven

Nike targets EBIT margin recovery from 5.2% in FY2027 to 13% by FY2032 as revenue declines persist and wholesale, China and digital remain…

NKE $51B

Latticework by MOI Global Oct 2 2 clicks

[scuttleslops] Cloudflare wants bots to pay; OpenAI’s ad ambitions; Memory chip competition; Muse is a proactive assistant; the Wintel of cars and robots; Atlassian as a coordinating layer

Cloudflare is building HTTP 402 payments for AI agents, using its web network to let publishers charge bots for content access.

NET $125B

scuttleblurb Oct 2 1 click

Nike, Part Two: The Deep Dive

Nike’s second Latticework program examines the company and the global athletic footwear and apparel industry for professional investors.

NKE $51B

Latticework by MOI Global Oct 2 1 click

Nike, Part One: The Story

Nike grew from a $1,000 shoe-distribution venture in 1964 into the largest sports brand, using athlete endorsements, product innovation and…

NKE $51B

Latticework by MOI Global Oct 2 2 clicks

ServiceNow: Still A 'Strong Buy' As AI Revenues Gain Traction

ServiceNow expects AI annual contract value to reach $1.5 billion by year-end, with assist-pack consumption pricing supporting growth…

NOW $145B

Jetstream Research Oct 2 1 click

Rocket Lab (NASDAQ: RKLB) Stock Rating: Accumulate After Q2 FY12/26 Earnings

Rocket Lab reported Q2 revenue up 62% to $234.1 million and backlog up 137% to $2.36 billion, while operating losses and cash burn…

RKLB $40BIRDM $5B

Cestrian Capital Research Oct 2

John_Hempton on X

Maj Soueidan on X

Broken Moats on X

Lee Roach on X

AltayCap on X

A Capital on X

Lee Roach on X

Ian Bezek on X

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