{ "media_type": "text", "post_content": "$SPTN - can I get a sanity check on this small company. Works in food distribution, consistently growing revenues every year. Steady operating cash flow increases 4 years. Took lots of debt in 2019 to buy more facilities. Each facility is becoming more profitable. Seems like entire industry is low multiples mostly due to fear of ALDI/AMZN. ok cool but AMZN took warrants with $SPTN for 10% of company in oct 2020. Looks like AMZN success = their success. Covid was great for grocers", "post_id": "606e6308dbaea900238280af", "reply_count": 3, "vote_count": 1, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing", "feed_type": "bowl" }

You are currently posting as works at RSM

$SPTN - can I get a sanity check on this small company. Works in food distribution, consistently growing revenues every year. Steady operating cash flow increases 4 years. Took lots of debt in 2019 to buy more facilities. Each facility is becoming more profitable. Seems like entire industry is low multiples mostly due to fear of ALDI/AMZN. ok cool but AMZN took warrants with $SPTN for 10% of company in oct 2020. Looks like AMZN success = their success. Covid was great for grocers

1 reactions

a year

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But won't last. I still expect probably a flattish year. If inflation happens, grocery stores win. Seems like no reason this shouldn't be at a 15x multiple by year-end. Slow easy grower with AMZN upside. Looking at past price and past situation I just don't understand how it's at half it's precious price when everything is better and trending up. At 5-6x EV/FCFFO they can easily buy back shares, pay debt, keep dividend (4%) which they have been doing the last few years. This seems like a layup but I'm wondering if there is something I am missing.

a year

You are currently posting as Senior Manager 1

Whose volume are they going to take from to grow profits? Cost takeout from buying DCs is going well, but need volume to continue growth. It’s a very established industry but you have some great data points. I’ve thought Kroger is also a deal (or it was a couple months ago).

a year

You are currently posting as RSM

Margins are super low and likely won't grow much. However, their cash flow has been very strong and steady. 180m on an average year's cash flow vs 700m market cap and 500m debt. That seems pretty reasonable to me.

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a year

You are currently posting as works at Boston Consulting Group

Staffed on a case in Shanghai starting this week - should I be worried about the corona virus?? NAMR here

2 reactions

You are currently posting as works at Bain & Company

Bit scared of this mysterious coronavirus - if I wear a surgical mask to work will it be kinda strange? In SF for context / will take it off in the office of course

2 reactions

You are currently posting as works at KPMG

Anybody else a teeny tiny bit worried about this coronavirus? 😅

4 reactions

You are currently posting as works at KPMG

Can someone walk me back from the coronavirus cliff? Flying to SF next week and am having second thoughts about taking the risk given I’m 22 weeks pregnant.

1 reactions

You are currently posting as works at KPMG

Is it safe to travel abroad with a baby? Scared of Corona virus

1 reactions

You are currently posting as works at Accenture

Thoughts on the corona virus during Lunar New Year? China just cancelled LNY celebrations.

You are currently posting as works at Associate Creative Director

Let’s talk... Coronavirus. Who’s got a mask? 😷

3 reactions

You are currently posting as works at Senior Consultant

This coronavirus sure is a good reminder of why travel is so necessary for client valu...wait a minute 🤔

8 reactions

You are currently posting as works at Associate Consultant

Thoughts on the coronavirus? At what point does travel and sharing airplane air with people become a concern?

2 reactions

You are currently posting as works at PwC

Who here is anxious about flying with the coronavirus spreading? Anyone discuss making changes to travel arrangements?

2 reactions

You are currently posting as works at Audit Senior

Booked flights for a vacation in Japan this June. There is also a 3 hour layover in Shanghai. How screwed am I related to the Coronavirus?

3 reactions

You are currently posting as works at Senior Consultant

I’m craving peking duck but I don’t want to risk contracting coronavirus. Halp!

You are currently posting as works at Senior Consultant

1-10 how worried are you about a coronavirus pandemic?

1 reactions

You are currently posting as works at Deloitte

With this coronavirus going around I’m considering going to a pet store and starting a cycle of fish mox. Thoughts? It’s the same stuff you would get from a regular doctor.

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You are currently posting as works at Technology Consultant

Anyone else scared to fly with the epic spread of the coronavirus ?? There are already 3 suspected cases in my state ...

3 reactions

You are currently posting as works at Associate

First case of Coronavirus at Sunnybrook. How concerned are you on a scale of 1-10, and how are you changing your travel or routine?

You are currently posting as works at EY

For those curious or concerned about the novel coronavirus from Wuhan, here is a helpful Q&A video from CBC News in Canada: https://m.youtube.com/watch?v=8NHO_VeFDhw

Given the speed of global travel, Canadian officials have said they would not be surprised if the virus lands here. Dr. Peter Lin and CBC News’s Michael Sera...

m.youtube.com

3 reactions

You are currently posting as works at Accenture

Anything ethically wrong with buying/shorting stocks based on Wuhan coronavirus? Having a friendly debate with a friend, just want outside opinions.

You are currently posting as works at Deloitte

Best short term stocks to buy to take advantage of Coronavirus epidemic?

You are currently posting as works at Deloitte

Anyone worried about flying in the US tomorrow with coronavirus? My friend is getting in my head about flying out of ORD.

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Additional Posts

You are currently posting as works at iTechArt

Post for comments

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You are currently posting as works at Merkle

How many first year analysts here started as interns? What did you guys do to get those jobs?

1 reactions

You are currently posting as works at Betateam

test on 1.1.5!

1 reactions

You are currently posting as works at San Francisco

Do you see this post? 12:59am

You are currently posting as works at Belarus

Maybe we should implement something like automatic posts refresh? I got a notification about "someone like mypost" but it isn't displaying at the post title...

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You are currently posting as works at Belarus

Post without company

1 reactions

You are currently posting as works at Betateam

Not crashing anymore.

1 reactions

You are currently posting as works at iTechArt Group

Post new user

1 reactions

You are currently posting as works at Merkle

Первый смартфон Mi1 был анонсирован в августе 2011 года. Он поставлялся со встроенной прошивкой MIUI, основанной на Android, совмещающей фирменные стили Samsung TouchWiz и Apple iOS. Также существовала версия устройства с чистым Android. В августе 2012 года Xiaomi анонсировала смартфон Mi2. В нём был процессор Qualcomm Snapdragon S4 Pro APQ8064, 1.5 GHz четырёхъядерный чип Krait с 2 ГБ ОЗУ и графический процессор Adreno 320. 24 сентября 2013 компания объявила о продаже более 10 миллионов устройств Mi2 в течение 11 месяцев. Некоторые устройства Xiaomi производятся на заводах Foxconn, где производятся Apple iPhone и iPad. 5 сентября 2013 CEO Лэй Цзюнь объявил о планах запуска 3D-телевизора под управлением ОС Android с диагональю 47 дюймов, который будет собираться на заводе корпорации Wistron на Тайване. Также в сентябре 2013 Xiaomi анонсировала смартфон Mi3 на процессоре Snapdragon 800 (MSM8974AB) и версию на чипсете NVIDIA’s Tegra 4. 25 сентября 2013 Xiaomi объявила о планах открыть первый флагманский магазин в Пекине. В октябре 2013 Xiaomi стала пятым мобильным брендом в Китае[12].

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You are currently posting as works at Belarus

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You are currently posting as works at Belarus

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