DLH Holdings Corp. (DLHC) – decent business with near term catalysts

An introductory writeup for DLH Holdings Corp. in order to introduce the opportunity. I came across this one a few months ago, and wish I had gotten to it sooner. Shares are up some 18% since December but the risk/reward is still somewhat interesting. Nothing sexy or fast-growing about this business. The situation reminds me a… Continue reading DLH Holdings Corp. (DLHC) – decent business with near term catalysts

Gateway Casinos and Leisure Acquisition Corp. SPAC – cheap with decent growth

While I'm researching and accumulating shares in a new idea (post coming soon), and since I haven't written anything in awhile, this is a short post to highlight an opportunity that came across my desk recently. I've had a lot of success with SPACs in the past (kidding...I have not), and every once in awhile… Continue reading Gateway Casinos and Leisure Acquisition Corp. SPAC – cheap with decent growth

Planet Microcap Podcast Interview – How working for the San Antonio Spurs helped shape investing thesis

I had the pleasure of being interviewed by Bobby Kraft recently on his Planet Microcap Podcast. We talked about Greystone Capital investment philosophy and strategy, the lessons I learned during my time with the San Antonio Spurs, and a few other things. Feel free to give a listen below, or on iTunes. https://planetmicrocap.podbean.com/e/ep-94-how-working-for-san-antonio-spurs-helped-shape-investing-thesis-with-adam-wilk-greystone-capital-management/  

Hill International Inc. (HIL) – value with a catalyst

Ticker: NYSE:HIL Share Price: $3.15 Shares Outstanding: 55.6mm Market Cap: $175.4mm Cash: $27mm Debt: $45mm Enterprise Value: $193mm 2018 Adjusted EBITDA: $17mm Q1 2019 FCF: $7.5mm Hill International is a worldwide leader in project management services and construction consulting. Headquartered in Philadelphia, with offices all around the world, HIL has a long history dating back… Continue reading Hill International Inc. (HIL) – value with a catalyst

Manolete Partners (AIM:MANO) – a litigation finance microcap

Ticker: AIM:MANO Share Price: $6.11 (USD) (490p) Shares Outstanding: 43.5mm Market Cap: $263mm (USD) Cash: $27mm Debt: $0 Enterprise Value: $236mm This is going to be a shorter post as I continue to do some due diligence, but wanted to highlight an interesting microcap in the litigation finance space. While studying the litigation finance industry,… Continue reading Manolete Partners (AIM:MANO) – a litigation finance microcap

Brief Portfolio Update Q2 2019 and Greystone Capital Commentary

During the second quarter of 2019, Greystone Capital returned 16.5%, bringing year to date returns to 58%, which compares favorably to both the S&P 500 and the Russell 2000, up 18.5% and 16.8% YTD. The portfolio benefited most from holdings in CRH Medical, The Joint Corp., Rimini Street, and SharpSpring Technologies. I'm happy with the returns achieved… Continue reading Brief Portfolio Update Q2 2019 and Greystone Capital Commentary