Bluegreen Vacations (BXG) is a timeshare developer in a curious situation - its majority owner pulled a bid for the minority of the company due to a since resolved lawsuit, but the shares trade well below the previous offer. Timeshares draw their own questions, and the market has been more volatile since the bid was pulled. We discuss the idea and what that could mean for shareholders and special situations investors going forward.
Topics covered: 5:00 minute mark - Overview of the busted merger arbitrage story. 8:45 - The timeshare industry and the underlying ups and downs therein 16:30 - Working down the income statement 20:00 - Breaking the Bass Pro Shops lawsuit down 23:00 - Manhattan club, time shares in NYC 31:30 - How does sales operation of a time share work? 33:30 - Time share business model and why does BBX Capital need to pay a big premium?Behind The Idea #100: The Alphies 2.0
Behind The Idea #99: Why I'm A Bad Investor
Behind The Idea #98: Varian's Moat May Be Worth The Price
Behind The Idea #97: Stitch Fix As A Growth Fit
Behind The Idea #96: Teladoc And The Modern Growth Story
Behind The Idea #95: Smoking Out The Altria Bull Case W/Atlas Research
Behind The Idea #94: The Activating AT&T Signal
Behind The Idea #93: Ligand's Shots On Goal Target
Behind The Idea #92: Finding The Range For Range Resources
Behind The Idea #91: Hill International With Tim Heitman (Bonus Episode)
The Investing Edge Trailer: Talking Scorpio Tankers' Opportunity And Netflix's Big Challenge
Behind The Idea #90: Bluegreen's Attractive Location
Behind The Idea #89: You Can Be A Stock Market Genius, Pt. 4
Behind The Idea # 88: Signing Up For The Gym Group With Jorge Robles (Bonus Episode)
Behind The Idea #87: You Can Be A Stock Market Genius, Pt. 3
Behind The Idea #86: You Can Be A Stock Market Genius, Pt. 2
Behind The Idea #85: You Can Be A Stock Market Genius, Part 1
Behind The Idea #83: Paradigm Shifts, Gold, And You
Behind The Idea #82: Picking Through Pharma Pressures, With Ed Silverman
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Wall Street Breakfast
Alpha Trader
Let’s Talk ETFs
Marketplace Roundtable
The Cannabis Investing Podcast