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Old West Investment Management: "IDT is Creating Significantly More Value for Shareholders"


Old West Investment Management: “IDT is Creating Significantly More Value for Shareholders”
Old West Investment Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. An average  return of 25% was delivered by the fund for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a 6% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Old West Investment Management, in their Q1 2021 investor letter, mentioned IDT Corporation (NYSE: IDT), and shared their insights on the company. IDT Corporation is a Newark, New Jersey-based cloud communications provider that currently has a $615.7 million market capitalization. Since the beginning of the year, IDT delivered an impressive 93.65% return, massively extending its 12-month gains to 343.24%. As of April 28, 2021, the stock closed at $24.10 per share. ....

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Old West: "Investment in Rafael Holdings (RFL) Represents an Extremely Asymmetric Opportunity"


Old West: “Investment in Rafael Holdings (RFL) Represents an Extremely Asymmetric Opportunity”
Old West Investment Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. An average  return of 25% was delivered by the fund for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a 6% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Old West Investment Management, in their Q1 2021 investor letter, mentioned Rafael Holdings, Inc. (NYSE: RFL), and shared their insights on the company. Rafael Holdings, Inc. is a Newark, New Jersey-based clinical-stage oncology pharmaceutical company that currently has a $682.7 million market capitalization. Since the beginning of the year, RFL delivered an impressive 76.72% return, extending its 12-month gains to 192.06%. As of April 28, 2021, the stock closed at $41.38 per share. ....

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Centrus Energy (LEU): A Cheap Nuclear Energy Stock


Centrus Energy (LEU): A Cheap Nuclear Energy Stock
Old West Investment Management LLC, an employee-owned investment advisory firm that are focused on uncovering value opportunities, published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. The Firm manages long only and long/short investment strategies that targets to maintain a long term value and growth of assets. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Old West Investment Management, in their Q3 2020 Investor Letter talked about Centrus Energy Corp. (NYSE: LEU). Centrus Energy Corp. is an engineering services company that currently has a $299 million market cap. For the past 3 months, LEU delivered a 148.40% return and settled at $24.84 per share at the closing of January 15th. ....

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