Professional
Added to YB: 2024-10-25
Pitch date: 2024-10-23
DSHK [bullish]
Drive Shack Inc.
Author Info
Ace River Capital is a concentrated, long-term fund focused on asymmetric risk/reward opportunities. Sign up for the newsletter.
Company Info
Drive Shack Inc. owns and operates golf-related leisure and entertainment venues and courses in the United States.
Market Cap
$23.4M
Pitch Price
$15.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.74
P/E
-0.40
EV/Sales
1.01
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Ace River Capital Portfolio Holding: Drive Shack Inc.
DSHK: Poor investor comms, delayed reports. New CEO silent since OTC move. Recent small losses per share. Potential turnaround if expenses cut & debt managed. Favorable risk/reward, but no near-term position increase. Business model promising if executed well.
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