A Small Refiner With 244% Estimated Upside!
ROI Club Monthly - Nov Edition.
Welcome to your November edition of the ROI club monthly.
Past Picks & Their Performance
Contents
Macro Scorecard
General Comments
Stock Analysis & Valuation (Paywall)
Macro Scorecard
The SPX rises 7.24% this month, less than the drop in US 10 yr yields/appreciation in their pricing MTD of 8.30%.
Gold also up close to 1% on the month, while Crude oil dropped 11% which surprised many and has IMHO lead to more opportunities to buy cheap shares in certain oil-related companies (One such example shared below)
Interestingly, despite the increase in US Bond prices, we’ve seen an adjacent increase in Brazilian 10 yr bond prices suggesting more and more institutional capital is waking up to the promise of Brazil over the decade. I’m excited to share that I will be taking a deep dive into this sector with LATAM stock expert Patrick Flood in an upcoming podcast in December so stay tuned.
Last month I wrote
" The Fed will continue to raise rates to make it look like they care ‘combat inflation’ whilst the government continues to deficit spend on all sorts of bad ideas. With the deficit to cash and deficit to GDP this is obviously unsustainable and will eventually (although I don’t know when) lead to the US either: ‘pivoting’ and lowering rates or the FED returning to QE-type measure to continually create the new currency units necessary to service the ever increasing debt and interest on said debt. This inevitably has lead to nasty inflation historically and this time I see similar outcomes, however I expect some truly bone-rattling volatility between now and whenever this things is sorted .."
I buy things at a discount to the Net Asset Value (NAV), trading at high Free Cashflow Yields with a clear pathway to shareholder returns.
Ok, here is where I drop the curtain and share in exact detail how I’m positioning to profit from the aforementioned thesis. When you become an ROI club member you will get my full deep-dives from all past editions + this month’s idea which is set to print huge profits in this sector, trading at a discount to their Net Asset Value.
See you in the club.
Benjamin
Disclaimer: Each and every publication of the author, Benjamin, is intended solely for documenting my personal journey with options trading for income and travel purposes. I am not a certified financial advisor, and none of the content provided should be construed as investment advice. It is essential to conduct your own thorough research and consult a registered financial service provider for appropriate guidance. I cannot guarantee the accuracy or completeness of the information presented. Any actions taken based on the information shared in Options Mavericks are done at your own risk and discretion.
