04-05-2021, 07:29 PM
$EMPW(HLLY) a overlooked and misunderstood stimulus play
<!-- SC_OFF --><div class="md"><p><a href="https://docs.google.com/document/u/1/d/e/2PACX-1vSP7DYVVYPfuH0-vCatQwCZQS80crqc-5Rq779UYWqMGxySPt7uUI698AOEtnnLlFdH-u110Nd7Pxhl/pub">https://docs.google.com/document/u/1/d/e/2PACX-1vSP7DYVVYPfuH0-vCatQwCZQS80crqc-5Rq779UYWqMGxySPt7uUI698AOEtnnLlFdH-u110Nd7Pxhl/pub</a></p> <p>"This may be surprising for some,but I’m going to try to explain why in my opinion this is an undervalued,and misunderstood company. First you have to understand southern car culture. There isn’t a lot to do in the southern states,and middle america. This results in most people pouring money into their cars as one of their main hobbies. My brother owns a performance car shop in west virginia. He told me yesterday that this has been his busiest month in the last 5 years since he started. This is because people have gotten their stimulus checks or saved during the whole pandemic and now that the summer is approaching once again what is one of the things they are going to do with their money? They want to upgrade their car. I asked him which businesses he thinks are benefiting the most from the uptick. One of the first and the only public company he listed is Holley “They pretty much have a near monopoly on a lot of the aftermarket parts especially classic cars and classic trucks parts”</p> <p>Now that I have somewhat explained the culture and why I think the company is getting a huge uptick from stimulus checks.let's get into the meat,and potatoes of this trade. This is a spac at near nav($10.20). This company is only valued $1.5b despite having 580m revenue last year and 25% YOY growth. They are rapidly taking over the aftermarket part market through acquisitions. Including expanding into the aftermarket EV car market. In my opinion this is a low risk - medium to high return trade." </p> <p>^I just quoted part of the document I prepared for the character requirement.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GoDANKorGoHOME"> /u/GoDANKorGoHOME </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mkkg3p/empwhlly_a_overlooked_and_misunderstood_stimulus/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mkkg3p/empwhlly_a_overlooked_and_misunderstood_stimulus/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://docs.google.com/document/u/1/d/e/2PACX-1vSP7DYVVYPfuH0-vCatQwCZQS80crqc-5Rq779UYWqMGxySPt7uUI698AOEtnnLlFdH-u110Nd7Pxhl/pub">https://docs.google.com/document/u/1/d/e/2PACX-1vSP7DYVVYPfuH0-vCatQwCZQS80crqc-5Rq779UYWqMGxySPt7uUI698AOEtnnLlFdH-u110Nd7Pxhl/pub</a></p> <p>"This may be surprising for some,but I’m going to try to explain why in my opinion this is an undervalued,and misunderstood company. First you have to understand southern car culture. There isn’t a lot to do in the southern states,and middle america. This results in most people pouring money into their cars as one of their main hobbies. My brother owns a performance car shop in west virginia. He told me yesterday that this has been his busiest month in the last 5 years since he started. This is because people have gotten their stimulus checks or saved during the whole pandemic and now that the summer is approaching once again what is one of the things they are going to do with their money? They want to upgrade their car. I asked him which businesses he thinks are benefiting the most from the uptick. One of the first and the only public company he listed is Holley “They pretty much have a near monopoly on a lot of the aftermarket parts especially classic cars and classic trucks parts”</p> <p>Now that I have somewhat explained the culture and why I think the company is getting a huge uptick from stimulus checks.let's get into the meat,and potatoes of this trade. This is a spac at near nav($10.20). This company is only valued $1.5b despite having 580m revenue last year and 25% YOY growth. They are rapidly taking over the aftermarket part market through acquisitions. Including expanding into the aftermarket EV car market. In my opinion this is a low risk - medium to high return trade." </p> <p>^I just quoted part of the document I prepared for the character requirement.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GoDANKorGoHOME"> /u/GoDANKorGoHOME </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mkkg3p/empwhlly_a_overlooked_and_misunderstood_stimulus/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mkkg3p/empwhlly_a_overlooked_and_misunderstood_stimulus/">[comments]</a></span>Kind Regards R