NYSE
CODI
22 stories
$779M Market cap · 2026-10-23
What are the most interesting asset monetization / SOTP situations in the market right now? Looking for companies where the public market is materially undervaluing the underlying assets, with a credible path to unlocking that value through asset sales, spin-offs, or corporate simplification. Not just cheap conglomerates. Actual catalysts. I’ll start: $FUL $CODI $KBR
$CODI < $11 with a potential major asset sale coming is too cheap given underlying value. This thing moves on like $2mm of volume. Illiquidity is both a blessing (dislocations) and a curse (violent gaps)… 🤷♂️
@ACapitalLP $CODI ?
@KEDM_COM Pretty sure our most recent letter had liquidation in the mid 30s on 2027 roll fwd…. Stock lower. Nav higher. Insider buying won’t keep them at the controls. $CODI
ADW Capital continues to increase its stake in Compass Diversified $CODI, now already reflecting 14%. It's also good to see insiders buying shares on the open market. We flagged CODI a few weeks ago. ADW is pushing for a liquidation, stating that a wind‑down could unlock over $26 p/s, well above the current price. As a reminder, CODI’s share price collapsed last year on the accounting mess at its sub Lugano, forcing CODI to declare its 2022-24 financials unreliable. Lugano had hidden financing arrangements and misstated sales, inventory, and receivables. The fallout pushed CODI into forbearance, dividend suspension, reduced borrowing capacity, and eventually covenant breaches. The company has already questioned its ability to continue as a going concern; i.e., there is a good chance they'll liquidate.
@BetterIRR Q: Where does $CODI trade if they execute a major asset sale before year-end? https://t.co/JhnAKOI3hl
Holiday weekends create idle hands… funny how the robot just “knows”… pretty soon shareholders will too. $CODI @CODIequity @ACapitalLP @AsifSuria @joemassoud https://t.co/kvE0KFGOMH
@BetterIRR If not multiple expansion, then catalyst is the way to go: $FUBO - strategy day (November) $CODI - asset sale (year end ‘26) $ZEG.LN - capital returns framework (September)
With Director Eugene Kim's insider purchase of $CODI filed after hours yesterday, we now have six insiders that have purchased shares this month including the CFO, the COO, the Chairman and three directors. The stock has rebounded sharply after the Lugano Diamonds collapse and it is good to see @Adam_Wyden involved as an activist.
$codi is it them or me? https://t.co/6P7TdoSzQ7
Possibility. LOL. @CODIequity $CODI https://t.co/LSHzCD0WvF
Thanks Bill. Just getting started. $codi https://t.co/ac3aAuT2kZ
Daniel Loeb-esque activism at $CODI by @Adam_Wyden The review of the board members in the second half of the letter is quite something Full letter: https://t.co/l10bkeYPOp https://t.co/slHEIjmDmT
AI is truly incredible…. @CODIequity @ACAPResearch $CODI It’s time for shareholders to win… https://t.co/w8KxzJfYDk
$codi love me some banana financial. https://t.co/DSg38f05FK
@KEDM_COM On 2027 numbers liquidation more mid 30s….$CODI
Despite the ramblings of others, 66x ebitda for magnets is not a bad reference point. $codi https://t.co/VnzveAUqGb
$codi … more as you roll fwd to 27 … https://t.co/Jgm0US4YZF
That feeling when the country’s top consumer small cap fund files in one of your biggest horses…. https://t.co/kIzir9QGPI On 27 numbers we can get to ~35.00 of NAV/share and that’s before buybacks! $codi
@Hollandpar91513 @InvestSpecial I guess we’ll know soon. https://t.co/yRbR4eEQAV $codi
@InvestSpecial How do you get to 12.00? I think post sterno sale and rolling fwd to 2027 numbers you are 30+ pre mgmt contract…. Which will come down wit asset sales no matter what. $codi
Been awhile since we found some Of the deep value we built ADW Capital around… should be interesting. https://t.co/E2eHeIKQDO $CODI
Letters that discuss CODI.
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