“The Cheapest Stock You’re Going to See”

Published on
August 6th, 2019
Duration
20 minutes

“The Cheapest Stock You’re Going to See”

Trade Ideas ·
Featuring Jeff Meyers

Published on: August 6th, 2019 • Duration: 20 minutes

Jeff Meyers of Cobia Capital is one of the few investors looking at small-cap tech stocks from the value perspective. In this interview with Justine Underhill, Meyers makes his Real Vision debut with a look at a European performance marketing company that appears to be trading at shockingly low valuations. He breaks down the bull case for XLMedia, discusses potential catalysts for price action, and examines a unique short-term arbitrage opportunity in the form of a tender offer. Filmed on August 5, 2019.

Comments

Transcript

  • ME
    Michael E.
    9 August 2019 @ 11:50
    He is a brilliant guy, buy 1,000,000 shares of cheap stocks & retire. Rule #1. When someone give you a tip, RUN FAST.......
  • LS
    Logan S.
    8 August 2019 @ 02:42
    I'm in Canada, what is the best way to buy this stock? Do I have to go through International Brokers?
  • DP
    David P.
    7 August 2019 @ 20:32
    Cypriot on-line gaming company trading at 3x...Might be fair value..
  • ml
    michael l.
    7 August 2019 @ 16:56
    More of these deep dives on obscure, but interesting ideas. Thanks.
  • LL
    Ludovico L.
    7 August 2019 @ 10:43
    Good video and interesting stock with potential however - looking at the circular the company issued it doesn’t seem clear, at least to me, if an individual can only tender shares held at date of document (15 July) and not shares purchased after the date of doc...
  • NR
    Nelson R.
    6 August 2019 @ 23:02
    Excelent, bring Jeff back ( and more true value investors doing deep company research like him 🕵️‍♂️ ).
  • PG
    Philippe G.
    6 August 2019 @ 22:35
    Interesting to hear about a niche company like this. Though I wonder how they fit with the various location-independent entrepreneurs also involved in affiliate marketing, related web development, and Instagram marketing, etc....
  • SS
    Steve S.
    6 August 2019 @ 21:03
    I should add that I appreciate RealVision looking at a new avenue to find guests. It seems like most of the past guests have been from fin twit, which is okay, but going outside of that provides different ideas.
  • SS
    Steve S.
    6 August 2019 @ 20:07
    Great addition! Most RealVision trade ideas have been based on technical analysis or macro. I've wanted to see more specific stock ideas based on fundamentals.
  • ns
    niall s.
    6 August 2019 @ 14:46
    If I understand correctly this company puts out adverts on websites that sends people to open an account with a legal bookmaker ,usually the new Client is offered an incentive such as enhanced odds on a single bet to open an account with the bookie. The problem is that once the client opens the account they are unlikely to repeat hence the earnings potential is sure to fall over time as all the potential clients open their accounts . This may explain the stock chart.
  • TT
    Trenton T.
    6 August 2019 @ 13:04
    Closest thing to potential pump and dump as I've seen on RV. Underwater TSE junior gold mine investor as a logical follow on trade idea? Please, no.
    • MW
      Max W.
      6 August 2019 @ 13:30
      The company trades at 4-5 times cash and they have essentially no debt and low overhead. You can agree or disagree with the thesis but to compare this to an underwater miner is just wrong.
  • JM
    Jim M.
    6 August 2019 @ 12:24
    You get a great new guy on with a new name and it's one that trades on the London exchange???
    • SS
      Steve S.
      6 August 2019 @ 21:05
      You can buy London through most any brokerage. I don't know if the stock is worth it or not, but I'm glad they found a fundamental stock picker, since it's usually technical analysts. I have no problem with TA, but want to variety of ideas and processes.
    • JL
      James L.
      7 August 2019 @ 05:13
      whats wrong with that?