The Intrinsic Value Podcast on $CPB (Nov 7, 2026)
Speaker owns CPB and likes how its businesses reinforce each other; he sees the planned payments-arm spin-off as sensible for raising money to grow the book, but warns that losing marketplace-payments synergies would be a big negative and is awaiting management's comments.
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And after Melly, you covered C Limited, which I believe also made it into your personal portfolio. And then there's another company, Caspie, which I think might have also made it in your personal portfolio.
Yeah, I think it's uh safe to say I very much like how these businesses work together and also reinforce each other. (01:19) And uh yes, I do own C Limited in my personal portfolio.
I looked very smart when I first bought it at about $70 and then went up to $130. So I thought this is, you know, fantastic investment. Now, I got to say it's back in the 70s, so I don't look as smart anymore.
And I haven't yet bought CASBY, but I might eventually do so, too, because it's a fantastic company.
but then again C Limited just announced plans to spin off money which is their payments arm. (12:14) So you never really know and I'm actually quite interested to hear what they will say about that going forward because to me it makes sense to raise money to grow the book.
But if they lose any of the synergies between the marketplace and the payments arm I think that would be a big negative in my opinion.