Mr. DCC @DeskCalc
Joined February 2021-
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the $PBI story is complex, but all you really need to look at is that despite falling top-line (due to accounting changes + some 'temporary' biz headwinds), EBIT grew $28M and the CEO has enough confidence in that EBIT trend to go all-in on buybacks
Fantastic article out this morning by @JohnHuber72 that everyone should check out!! 😉 substack.com/home/post/p-16…
Excellent article about Kurt Wolf / $PBI. Wolf: "There is so much opportunity at Pitney Bowes, and we have the right business leaders and employees to realize the potential in front of us.” ctinsider.com/business/artic…
$PBI Lance will get a $750k lump sum and $50k per month for advising til Sep '25... Kurt's annual salary will be $50k with potential performance bonus of $500k. Long term incentive of $3mm at exercise prices of $12/$14/$16. This is a great deal for shareholders!
Happening as predicted $CTRN
$PBI From 12/2024, this article postulates that the "middle mile" of presort and processing is the area most likely to be affected by privatization of USPS mailershub.com/2024/12/privat…
Radoff's group getting two board seats on $ALTO board out of 6 seats. Gilbert Nathan is only board member I have seen purchase shares in the open market. With the new members + Gilbert we'll now have half of the board that has shareholder returns solidly in their focus
More cost savings for $PBI, 168 employees, figure $75k cost for salary + benefits, so savings of $10mm conservatively desmoinesregister.com/story/money/bu…
And here we go with March 20th... x.com/DOMOCAPITAL/st…
$pbi
On $PBI repurchases, my calculations show about 51mm in volume in the past four weeks since the 10k dropped. How much % of the volume are repurchases? 25%? 10%? At 25%, they may be thru $130mm of the $150mm authorization. If only 10% of vol, then maybe only 1/3 of the way thru
$alto upgrade from Craig Hallum today. Anybody have access? /cc @bullsbayretail @Bullstkpicks markets.businessinsider.com/news/stocks/al…
CEO out at $GPRE. Could $ALTO finally be upgrading their CEO? investor.gpreinc.com/news/news-deta…
1/🧵$ALTO: A Deeply Undervalued Opportunity with Strong Catalysts $ALTO trades at ~50% of NAV, and activists say it could be worth $6+/share, yet the stock is stuck around $1.60-1.70. Let’s break it down.
$PBI Appreciating these somewhat flat days. Each day the price stays flat or gets cheaper, the more shares the company can repurchase
5/ Bradley Radoff Experienced small-cap-only activist. His playbook centers around gaining control of the company through board reshuffling with the subsequent improvement in the governance structure. In some cases, he pushes for the break up of the company or an outright sale.
$PBI Crew. Next monster opportunity is $ALTO. Bradley Radoff just filled a 13D to help lead board / command take over just like he did with $PBI and Kurt Wolf. Beteeen @DOMOCAPITAL, Radoff, and Kaufman they now own over 17% sec.gov/Archives/edgar…

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