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49	member 8/23/24 2:12PM Re: Target Update 48
Did another Target YouTube...welcome all pushback! https://www.youtube.com/live/aXk_JfLKFD0 1 view available tags
48	member 8/08/24 2:22PM Target Update 47
I think Target at $10 is as good as ever here. Did a video on it... https://www.youtube.com/live/qYacIftVn5w 1 view available tags
47	member 6/27/24 10:31AM Re: Re: Re: Update 46
I did a BBIO YouTube 2 days ago that was taken down by YouTube for violating copyright law (I had Price is Right on in the background, lol). I appealed and they put it back view available tags
46	member 6/27/24 10:13AM Re: Re: Update 45
Interested to hear your thoughts on BBIO too view available tags
45	member 6/27/24 8:41AM Re: Update 44
Just did another YouTube on TH https://www.youtube.com/live/B9GB6CsB7tM view available tags
44	member 6/11/24 1:49PM Update 43
Update on the dumpster fire this has turned into for anyone that's interested: https://www.youtube.com/live/g7b3jMyE4Y8 2 view available tags
43	member 4/26/24 11:52AM bentley883 - and anyone else - looking to hear from TH longs
Really would like some views on the value here, similar to what Bentley wrote in post 36. Any updates to your thoughts Bentley? Do you still own? view available tags
42	member 4/24/24 9:37AM Re: Re: Re: Podcast on Target Hospitality - sqeeze out 41
It's a very interesting situation, and I too think the most interesting part of the squeeze out is the inclusion of the competitive process. Thanks for highlighting it. 1 view available tags
41	member 4/24/24 9:23AM Re: Re: Podcast on Target Hospitality - sqeeze out 40
"However, what's different this time around is that the majority owner has not made any such statement precluding other potential buyers. This raises a concern for me that perhaps they realize the downside risk is... login to read the rest 1 view available tags
40	member 4/24/24 9:09AM Re: Podcast on Target Hospitality - sqeeze out 38
Nice podcast, thanks for doing it. I’m curious to hear your thoughts on two comments: 1. One thing I typically like about squeeze-out situations is that your downside is often well protected. This is because the... login to read the rest view available tags
38	member 4/23/24 4:18PM Podcast on Target Hospitality - sqeeze out
I did a podcast w/ Andrew on Target. I really love this idea and would love feedback. https://www.youtube.com/watch?v=bEomn4doPzs&t=1s view available tags
37	member 11/27/23 10:29AM Re: A few points to clarify 36
Any idea what's going on here? Does the non recurring nature of the contract justify the current share price? IE people are putting a well below 100% probability the contract gets renewed. view available tags
36	member 11/11/23 6:52PM A few points to clarify
We view the situation quite differently, a few points to make: First, the TH businesses ex-Pecos are worth $8-$10/share in our mind, so even if the contract only lasted one year, they would generate another ~$1.80... login to read the rest 4 view available tags
31	member 11/09/23 8:12PM Re: Re: Re: Author Exit Recommendation 30
There is a filing for it. It’s here: https://www.fpds.gov/ezsearch/fpdsportal?indexName=awardfull&templateName=1.5.3&s=FPDS.GOV&q=influx+care+facility&x=10&y=5 Our understanding after talking to the company is that it should be posted to the usual places shortly. In terms of our view on the contract, the company was... login to read the rest 1 view available tags
27	member 11/06/23 1:03PM Re: Re: Re: Author Exit Recommendation 26
1. Where are you hearing that Endeavors and Th are having issues. Our calls indicate the relationship is very strong. Yes, Deployed got the first contract but Endeavors as far as I know only operates... login to read the rest 4 view available tags
23	member 10/13/23 4:32PM Credit Facility Expansion
Any view on why they expanded a facility by $50m when it has no borrowing on the existing facility? Preparing to have to build a new facility (which thereafter gets reimbursed)? Curious behavior. view available tags
22	member 9/18/23 11:20AM Re: More Tire Kicking 21
Tx again, Todd! Extremely helpful. Yours, Bowd view available tags
21	member 9/18/23 11:15AM Re: Re: More Tire Kicking 20
Agree on the Pecos renewal value as it's likely worth something more than <4x and less than 8x (I'm likely overly-punitive assuming <4x). My napkin-math below, w/ 4 scenarios, hopefully of some use (probability weighting the... login to read the rest view available tags
19	member 9/18/23 11:00AM Re: More Tire Kicking 18
Will chime in Bowd to get the ball rolling ... directionally agree w/ many of your points Ex-Pecos, generally agree the rest of biz is a ~125-150MM EBITDA profile (minimal / sub-10MM capex) and applying a... login to read the rest view available tags
16	member 9/14/23 1:21PM Re: Re: Lost one of the bids? 15
The company's interpretation was that it appears there was an award not associated with TH. That's all I know. I'm not an expert here, just observing with interest how the situation unfolds. Also, what is the view available tags
15	member 9/14/23 11:47AM Re: Lost one of the bids? 14
Hi, all -- Also, I'm surprised the bids weren't all announced at the same. The company is silent about being awarded or shut out. GLSV, I see the graphic has a "Start Date" of 9/18, whatever... login to read the rest view available tags
13	member 9/14/23 11:09AM Re: Lost one of the bids? 12
Skip to 8 seconds into this clip for my response https://www.youtube.com/watch?v=o2AP6Y5eYIs -2 view available tags
12	member 9/14/23 10:26AM Lost one of the bids?
1 view available tags
6	member 9/12/23 10:06AM Re: Any Updates? 5
I dont think that is surprising at all. Management has said they expect contract announcements by end of 4Q. There were some government filings that indicated awards could be announced in early September or end... login to read the rest view available tags
5	member 9/12/23 10:04AM Any Updates? 4
We've crossed through into September and still nothing.... view available tags
4	member 8/18/23 12:27PM 2-cents
Commend you for your flexibility on moving away from and back into the situation Dynamicmoats, and being evidence-based / fact-dependent. FWIW, in speaking to mgmt, they also seem v upbeat about the prospects for winning couple... login to read the rest view available tags
3	member 8/17/23 11:02AM Re: Re: Timing of IDIQ awards 2
Thanks. Can you provide a link to the document? view available tags
2	member 8/17/23 10:34AM Re: Timing of IDIQ awards 1
See below from SAM. I agree with everything in this write up except price targets. I think TH worth $50-$70 if they win all 3 ICFs . view available tags
1	member 8/17/23 10:29AM Timing of IDIQ awards
Hi Dynamicmoats In your write-up you say: “The government said last week that the three IDIQ-related ICF facility awards will be awarded starting in late August. This is the first time I’ve seen a clear indication of... login to read the rest view available tags

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			2023	2024
Price:	3.03	EPS	0	0
Shares Out. (in M):	269	P/E	0	0
Market Cap (in $M):	813	P/FCF	0	0
Net Debt (in $M):	430	EBIT	0	0
TEV (in $M):	1,242	TEV/EBIT	0	0

Description

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