Abstract
- Merion Street Capital’s Lengthy Solely portfolio gained 10% within the quarter.
- Kratos administration recognized a number of giant wins put up quarter finish that may enhance Q3 bookings.
- Victory Capital administration elevated their value synergy goal to $110mm and have traditionally exceeded their steering.
- AMWD/MBC at present commerce at 6.6x / 9.7x their depressed EBITDA / free money move.
Torsten Asmus/iStock by way of Getty Pictures
The Lengthy Solely portfolio gained 10% within the quarter. The portfolio was most impacted by the sturdy efficiency of Kratos (“KTOS”), a place I initiated in Q2. The inventory practically doubled in Q3 pushed by constructive trade developments and
Merion Street Capital Administration LLC is a registered funding adviser. We give attention to value-oriented investing by way of rigorous elementary evaluation of an organization’s operations.
