Aadit Sheth
RT @aaditsh: This guy literally shows how the best in the world think and work https://t.co/XGsZIoIruE
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Dalius - Special Sits
Great news for $TIXT stakeholders. The offer was bumped by 30% yesterday from $3.4 to $4.5/share and about 24% since my post.

TIXT will be acquired at 6.5x EBITDA, which still feels somewhat low, but the increase should satisfy shareholders.

Buyout of $TIXT by its parent $TU looks interesting. Lowball initial offer could be bumped after the special commitee review ends.

The largest shareholder of TIXT, a BPO and IT services business, is TELUS Corp, a $24bn Canadian telecom giant holding a 60% stake. TELUS has submitted a lowball offer to acquire the remaining shares at $3.40/share. The stock is currently trading above the bid at $3.65. The board has promptly formed a special committee to review the transaction.

There are a few things to like about this setup. The buyer is a highly credible and well-financed Canadian telecom player with a $24bn market cap.

TIXT stock trades quite cheaply at 5.7x 2025e EBITDA with solid FCF conversion. Given its 60% ownership, TELUS can acquire the remaining equity using less than two years of the company’s run-rate FCF. The company is indeed levered, but current cashflow generation seems sufficient to sustain operations for the foreseeable future.

This is a BPO and consulting business, and the industry is clearly in disarray right now due to AI’s impact on future operations. Consulting makes up 50% of the business, so the more affected part here is the BPO segment—which likely won’t fall off a cliff in the next couple of years. In the meantime, there’s plenty of FCF to be milked from the subs.

It’s hard to pin down a fair multiple, but one could justify a 7–8x bid, somewhere between consulting and pure BPO public comps. At 7x, there’s about 40% upside from current levels versus 5–7% downside if the special committee simply accepts TU’s current bid. Downside to pre-announcement levels is around 17% in case the offer is fully rejected and the buyer walks, which seems less likely.

Has anyone else looked into this? Curious to hear your thoughts. - Dalius - Special Sits
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Aadit Sheth
RT @neatprompts: This guy literally dropped the best visual guide to LLMs you’ll ever see
https://t.co/fT8bfrsxkA
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Gainify
IT’S STILL NOT TOO LATE

$GOOGL trades at a 15% DISCOUNT to the S&P 500 despite being expected in 2025 to rank:
• 1st in Net Profit
• 2nd in Gross Profit, EBITDA & Operating Cash Flow
• 3rd in EBIT
• 4th in Free Cash Flow

The world’s most profitable company shouldn’t trade at a discount?
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soken
RT @Dearme2_: Man to man. https://t.co/HXesY8gU4t
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soken
RT @dubzyxbt: Me managing my memecoin portfolio https://t.co/DPcxeaMw62
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Simplifying Stocks, CPA
RT @FinFluentialx: @jimcramer You look like you shorted $PLTR at $17
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Simplifying Stocks, CPA
BREAKING ⚠️

$AAPL TO HIKE iPHONE 17 PRO BY $100 AND LAUNCH iPHONE 17 AIR BETWEEN $899-$949
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naiive
the creator after leaving Bitcoin
https://t.co/LqKdZ88yzd
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Dalius - Special Sits
Worth read if you are interested in $HAYPP

The nicotine-pouch market is exploding; the boom is largely uncorrelated to the broad market, especially tech; that’s why I think $HAYPP is one of the best stocks to own. I just published a 10,000-word deep dive. Check it out 👇 - Emil Hartela
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Gainify
RT @Ashton_1nvests: People keep underestimating $FUBO. Especially the analysts.

In my opinion, the estimates should be way higher. https://t.co/uuu37lvNrx
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