tag:blogger.com,1999:blog-3541352681651202123.post512494058042160641..comments2023-12-27T00:31:42.598-08:00Comments on the patient investor's blog: 2Q17 Investor LetterLong Cast Advisershttp://www.blogger.com/profile/13731550239184386639noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3541352681651202123.post-47780594534987077952017-10-03T08:01:59.519-07:002017-10-03T08:01:59.519-07:00A short report just came out on EVI. Was curious,...A short report just came out on EVI. Was curious, if you had any thoughts.<br />http://www.sprucepointcap.com/research/BLSHhttps://www.blogger.com/profile/15799697633907261528noreply@blogger.comtag:blogger.com,1999:blog-3541352681651202123.post-56685379932922656592017-09-09T19:12:53.274-07:002017-09-09T19:12:53.274-07:00Correction: so it appears expensive now at $33 (no...Correction: so it appears expensive now at $33 (not $36)pheonixhttps://www.blogger.com/profile/16351836915454429430noreply@blogger.comtag:blogger.com,1999:blog-3541352681651202123.post-35589861293616267242017-09-09T19:09:55.999-07:002017-09-09T19:09:55.999-07:00What are your thoughts on Envirostar after the 4x ...What are your thoughts on Envirostar after the 4x runup in the past year. They've executed well on their buy and build strategy with 2 acquisitions in the last year, but at what point will you say its too expensive?<br /><br />I thought it was too expensive at $20/share, so it appears expensive now at $36. But if they can continue to use their expensive stock to acquire companies, it won't appear expensive in hindsight. What do you think is the catch in this strategy?pheonixhttps://www.blogger.com/profile/16351836915454429430noreply@blogger.com