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Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

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  #1  
Old 11-30-2020, 07:48 AM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Default CLCT going private

https://seekingalpha.com/news/363996...m-buyout-offer
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/

He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.

Last edited by Peter_Spaeth; 11-30-2020 at 07:48 AM.
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  #2  
Old 11-30-2020, 07:56 AM
Aquarian Sports Cards Aquarian Sports Cards is offline
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So any vestige of accountability just flew out the window. >sigh<
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Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible!

and Facebook: https://www.facebook.com/thecollectorconnectionauctions
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  #3  
Old 11-30-2020, 07:56 AM
Republicaninmass Republicaninmass is offline
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Buying at the top!
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Always looking for signed 1952 topps as well as variations and errors
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  #4  
Old 11-30-2020, 08:03 AM
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Those are heavyweight investors. And I’m pretty sure they’re long-term valuation is double what they paid for (as shocking as it sounds).
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Looking for:

W600 Cobb and Wagner
Sporting News/Collins McCarthy Jackson
Seamless Cobb rookie
Low Grade Ruth rookie

Cards:

https://www.flickr.com/photos/189414509@N08/albums
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Old 11-30-2020, 08:11 AM
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It will be interesting to see if they retain management.
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/

He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.
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  #6  
Old 11-30-2020, 08:15 AM
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Wow. I need to digest this. I hope management gets the boot. I also hope they change their f-ing motto
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  #7  
Old 11-30-2020, 11:00 AM
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irishdenny irishdenny is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
Bettar to Sell Cheap...
Than Enter a Cell Broke!
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Old 11-30-2020, 10:05 PM
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Joshua
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At first blush, their steady cash flow business and upside to market share reversion makes it a great candidate to stuff with mezzanine debt...sell off the higher tranches and retain the equity for a reipo down the road.

Financial engineering cookbook to meet hurdles and get that carry...
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Old 12-01-2020, 09:28 AM
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sportscardpete sportscardpete is offline
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Quote:
Originally Posted by joshuanip View Post
At first blush, their steady cash flow business and upside to market share reversion makes it a great candidate to stuff with mezzanine debt...sell off the higher tranches and retain the equity for a reipo down the road.

Financial engineering cookbook to meet hurdles and get that carry...
Oh, this will definitely be re-IPO'd. 3, 5 years? Think what they are working on needs to be done in a private setting. They'll see value from it in a few years.
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Looking for:

W600 Cobb and Wagner
Sporting News/Collins McCarthy Jackson
Seamless Cobb rookie
Low Grade Ruth rookie

Cards:

https://www.flickr.com/photos/189414509@N08/albums
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