Terravest Industries (TVK.TO / TRRVF) -high quality, undervalued microcap with a phenomenal management team

The first line on you see on the Investor Relations page on Terravest's website is: "Our objective is to grow free cash flow per share through organic growth and acquisitions." You don't see that often! This business was put on my radar after reading an early October VIC writeup followed by the other 2018 VIC… Continue reading Terravest Industries (TVK.TO / TRRVF) -high quality, undervalued microcap with a phenomenal management team

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