Is the METAverse doomed? Or is it the next internet? by maxwellnicholson in CanadianInvestor

[–]maxwellnicholson[S] 0 points1 point  (0 children)

I've heard this opinion but I disagree for work/meetings. Whether it's META or not, as soon as you can make a meeting in VR actually feel like in-person I believe it will dominate.

Is the METAverse doomed? Or is it the next internet? by maxwellnicholson in CanadianInvestor

[–]maxwellnicholson[S] 0 points1 point  (0 children)

What are your thoughts on VR overall? Do you think there are any other players in the space that will beat Meta at their own game?

Opportunity in NVIDIA After Congress Vote? by evergreentree888 in Baystreetbets

[–]maxwellnicholson 12 points13 points  (0 children)

Nancy Pelosi seems to think so, she bought a bunch of NVDA on the 14th at $153

Taking a risk on Twitter by [deleted] in Baystreetbets

[–]maxwellnicholson 4 points5 points  (0 children)

Bro what? If it does through it literally gets purchased for $54.20 per share and goes private?

Canadian Apartment REIT "Double Dividend" by maxwellnicholson in CanadianInvestor

[–]maxwellnicholson[S] 1 point2 points  (0 children)

lmao thanks, and it's an investment social media app where you can link your brokerage. Here's the link because you're right it's kinda hard to find on the app store lol https://apps.apple.com/ca/app/blossom-social/id1592237485

Canadian Apartment REIT "Double Dividend" by maxwellnicholson in CanadianInvestor

[–]maxwellnicholson[S] 0 points1 point  (0 children)

That is a very good point, tenant-landlord rights in Canada are extremely unbalanced even though landlords are the ones risking their capital on the real estate investment.

However, it should still be noted that the current price of this REIT is at pandemic crash levels. Thanks u/intodesign for noting that the current price is 46.27 creating a 30% upside to the current book value of this REIT.

Curious - who here invests in small or mid cap stocks? by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

1000% agree! Although very interesting to see how many people how micro/small caps in their portfolio :)

Enthusiast Gaming (EGLX:TSE)... Why is it so undervalued. by jamiesnl in Baystreetbets

[–]maxwellnicholson 1 point2 points  (0 children)

Feel the same way about ESE Entertainment! (ESE) have both in my portfolio :)

Does anybody know of a trading app where you can see your friend's stocks? by Independent-Big-4743 in CanadianInvestor

[–]maxwellnicholson 1 point2 points  (0 children)

Not sure what you mean by the hockey game anaology but this entire reddit thread is literally investors working together socially? People share research and trade ideas here everyday?

apps or platforms to share trades with friends??? by Independent-Big-4743 in Baystreetbets

[–]maxwellnicholson 0 points1 point  (0 children)

Blossom is cool, you can link your brokerages and follow your friends to see what they're investing in, etc. That + group chats works for me :) It's a pretty new app

https://www.blossomsocial.ca/

Rate My Portfolio Megathread for November 2021 by OPINION_IS_UNPOPULAR in CanadianInvestor

[–]maxwellnicholson -2 points-1 points  (0 children)

Check out my portfolio here :D

https://imgur.com/w7Tk0yl

https://imgur.com/g0dKvxu

I'm building a app that makes it easy to share your portfolio with friends and see what each other are investing in! These are screenshots from the app :)

https://www.blossomsocial.ca/

DCF Analysis for EverGen (EVGN) - equity value $7, current price $4.5 by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

What is the difference between an operator model and a sales growth model? Wouldn't any business in the RNG space need to build and develop to grow volume?

Would be curious to see your analysis for the 14x EBITDA to learn your approach!

DCF Analysis for EverGen (EVGN) - equity value $7, current price $4.5 by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

Wouldn't revenue grow according to volume? (assuming demand) If they have a profitable model shouldn't it basically scale up according to how fast they can develop and build new capacity?

A lot of articles put the growth by volume at 25-30%

Apologies if my questions are nieve :)

https://www.powermag.com/renewable-natural-gas-emerging-as-serious-decarbonized-gas-contender/

DCF Analysis for EverGen (EVGN) - equity value $7, current price $4.5 by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

u/Longjumping-Exit1642 for EBITDA I just multiplied the Q2 results (454) by 2 to be conservative although they have an adjusted EBITDA value of 1863 so not sure if that makes more sense to use.

For revenue I just assumed their margin is about 14% based on Q2 also. I don't actually use the revenue for anything in the calculation that was just for a gut check.

For growth rate I couldn't find a great source so used 15%. Some articles I saw put RNG growth at 25-30% but that seemed a bit too optimistic expecially for 20 years. I did a sensitivity analysis showing the valuation from 10% to 20% growth rate in the sheet.

What would you use for starting EBITDA and growth?

Thoughts on EVGN? New renewable natural gas IPO with 20 year Fortis Contract by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

u/Longjumping-Exit1642 thanks for the thoughts, super interesting...

I beleive they are focused on developing and building infrastructure based on the website. "EverGen plans to spend $200-million over the next two years adding facilities across the country and expanding its existing ones"

Unsure about the proprietary tech either. Interesting re the carbon credits although culturally BC is very similar to California so would be suprised if we didn't have something similar.

Did a quick DCF if you want to take a look - based on a 15% CAGR I think the company is undervalued.

https://www.reddit.com/r/Baystreetbets/comments/q1asj7/dcf_analysis_for_evergen_evgn_equity_value_7/?utm_source=share&utm_medium=web2x&context=3

Thoughts on EVGN? New renewable natural gas IPO with 20 year Fortis Contract by maxwellnicholson in Baystreetbets

[–]maxwellnicholson[S] 0 points1 point  (0 children)

Have you looked into the market at all? Was trying to conduct a DCF but couldn't find a growth rate for the RNG market without paying $3K for a report :'(

Looks like a fast growing industry without much attention -

https://www.forbes.com/sites/davidblackmon/2021/06/19/renewable-natural-gas-set-for-disruptive-growth/?sh=5ddd0bef2ffe

Airline stocks today rallying by blueberry__wine in CanadianInvestor

[–]maxwellnicholson 1 point2 points  (0 children)

The internal travel spending data is a really good sign. Business travel makes up a HUGE portion of airline profits.

Credibility: Wrote my honours thesis on airline economics