Undervalued auto OEM and offshore energy with Matthew Fine, Portfolio Manager Third Avenue

Undervalued auto OEM and offshore energy with Matthew Fine, Portfolio Manager Third Avenue | S06 E41 – The Acquirers Podcast

Mentioned

Bullish

SUBARU— Subaru is undervalued with a negative enterprise value, as its net cash exceeds its market capitalization, despite strong EBITDA performance.
BANKOFIREL— Bank of Ireland was purchased in mid-2019 when ECB rates were negative, presenting an opportunity in the banking sector.
BMW— BMW's electric vehicle sales are growing faster than Tesla's, with a strong balance sheet and tech-savvy customer base.
EASYJET— EasyJet was purchased as a contrarian investment, buying into temporary challenges to obtain a discounted valuation.
OFFSHORE— The offshore energy sector is expected to continue growing, with a tight market and potential for increased equipment orders.
VALUE— Value investing strategies have proven effective, especially during market downturns like the dot-com crash.
FINSTRENGTH— Financial strength at the corporate level is highly valuable, especially in challenging interest rate environments.

Not investment advice.