Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.
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Today’s interview guest is Trey Henninger where we discuss the multi-bagger potential in Solitron Devices as well as do a recap on Entercom (now known as Audacy), and Northfield Precision.
Trey Henninger runs the blog and podcast, DIY Investing. Trey is a private value investor focused on microcap and dark stocks in the United States. His focus is on high-quality companies with predictable durable earnings where management has skin-in-the-game. Trey runs a concentrated portfolio. By focusing on small companies, Trey hopes to find overlooked compounders at value prices. His favorite opportunities have a market cap below $50 million.
[00:02:50] What is Solitron?
[00:03:42] “I interviewed the CEO on my podcast”
[00:04:29] This was at the time a $5 million market cap company. And they looked like they were going to earn something like half a million dollars to a million dollars …
[00:05:58] “I think the best way to value the company is using an earnings analysis”
[00:09:27] Consistently profitable with strong moat
[00:12:52] Bought a new facility
[00:14:18] Company hitting an inflection point
[00:15:09] Recap on Entercom (ETM)
[00:17:29] Recap on Northfield Precision (NFPC)
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Disclosure: Eric Schleien and some SMA clients of Eric Schleien through GSCM own shares of SODI & NFPC. Nothing here is investment advice. Do your own due diligence.
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