Matt Warder, @mfwarder on Twitter/X, is back on the podcast to discuss all things Coal, including: overall thoughts on coal at this point September 2024, vision for coal with AI, met coal, upcoming election, Peabody $BTU 13D, $CEIX $ARCH merger and more!

You can Follow Matt Warder on Twitter/X @mfwarder: https://twitter.com/mfwarder

Matt Warder's first appearance on YAVP: https://www.youtube.com/watch?v=DF0uGS4swLM

Chapters:

[0:00] Introduction + Episode sponsor: Tegus

[2:31] Where we are in the overall coal market

[4:38] Coal for AI overview

[12:18] Overall supply/demand for Metallurgical "met" coal

[17:35] How does the election affect coal market

[21:31] Vision for Coal and AI, how does coal morph into an AI play

[30:26] AI arms race and building AI data centers, timeline to building this AI / Coal power play and how should folks think about new coal plants in America

[35:21] Final thoughts on AI and Coal

[38:31] Peabody $BTU 13D

[46:40] Peabody and Consol Energy / Arch Resource merger conference calls; why are management communicating this way

[49:16] Insider ownership in Coal stocks

[55:37] Other levers that could be pulled to unlock value in PRB

[59:38] How to think about met coal stocks right now and their performance

[1:03:21] $BTU corporate action ideas

[1:05:45] Comments on $CEIX $ARCH merger

Episode sponsor: Tegus

If you’ve been reading my newsletters, you know how often I rely on Tegus for my research. It’s truly revolutionized how I get up to speed on new industries and companies. Tegus has the largest transcript library in the world, with over 75% of private market transcripts. Whether you’re curious about AI, biotech, or any niche market, Tegus has the insights you need.

What sets Tegus apart is its all-in-one platform. It’s packed with expert call transcripts, management checks, panel calls, and in-depth financial data. No more jumping between different services or piecing together fragmented data. With Tegus, everything is right at your fingertips.

The best part? The insights you get are from the very people shaping the industries you’re interested in. You’ll find perspectives from insiders and executives that you simply can’t get anywhere else.

To see Tegus in action and understand why it’s my go-to resource, visit Tegus.com/value – that’s T-E-G-U-S dot com slash value. Trust me, once you try Tegus, you’ll never look back.

Welcome to the September 2024 edition of Andrew's Random Ramblings on the Yet Another Value Podcast. Once a month, Andrew will share thoughts on a few topics - this episode includes: heavy selection bias, probabilities and waiting and how people value them, and returns on fame.

Chapters:

[0:00] Introduction to Andrew's Random Ramblings + Episode sponsor: Daloopa

[1:36] What are the returns for folks focused on one company, one sector

[7:25] Probabilities and terminal 0's

[12:57] Returns on fame

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Michael D. Cohen, CEO & Director of Research at MDC Financial Research, LLC, joins the podcast to provide his post-game report on $ACI / $KR case.

For more information about MDC Financial Research, please visit: https://mdcfinancial.com/

Chapters:

[0:00] Introduction + Episode sponsor: Tegus

[2:20] Overview: his post-game report on $ACI / $KR case + Michael's comments on the judge

[6:25] Now that the trial is over, how the case went overall in Michael's opinion

[15:14] What were the reactions from those also in the courtroom with Michael

[20:36] Joe the Grocer testimony

[25:50] Due process arguments / price checking

[31:21] Experts, who was most believable

[40:01] What Michael saw and hear regarding CNS as a buyer / confidentiality (close courtroom to the gallery)

[45:11] Closing arguments / anything else jumped out to Michael from the trial

[49:44] Possible outcomes for the case / incentives for why each side wants their side to win

[57:05] Michael's guess on the odds of a preliminary injunction coming down here / is it more fun to listen to a well-reasoned case from both sides or more a Kangaroo-court style case

[1:00:54] Hot docs / final thoughts

Episode sponsor: Tegus

If you’ve been reading my newsletters, you know how often I rely on Tegus for my research. It’s truly revolutionized how I get up to speed on new industries and companies. Tegus has the largest transcript library in the world, with over 75% of private market transcripts. Whether you’re curious about AI, biotech, or any niche market, Tegus has the insights you need.

What sets Tegus apart is its all-in-one platform. It’s packed with expert call transcripts, management checks, panel calls, and in-depth financial data. No more jumping between different services or piecing together fragmented data. With Tegus, everything is right at your fingertips.

The best part? The insights you get are from the very people shaping the industries you’re interested in. You’ll find perspectives from insiders and executives that you simply can’t get anywhere else.

To see Tegus in action and understand why it’s my go-to resource, visit Tegus.com/value – that’s T-E-G-U-S dot com slash value. Trust me, once you try Tegus, you’ll never look back.