Luby's - The End is Nigh

Investment Analysis Clubs Jim Royal
1

https://www.bamsec.com/filing/1609922000026/3?cik=16099

Looks like the dissolution of Luby’s is nearing. It’s last day of trading on the NYSE was May 27th.

I bought shares in October 2020. I didn’t take a very large position, but it’s worked out nicely. My dividends to date exceed my cost basis, and if I understand everything correctly, I should receive another $1.80/share. (Please correct me if I’m wrong.)

Cheers,
Matt

2

Matt, that looks to me like they’ve provided a cost basis of $1.80, and that the actual amount may/will differ based on what actually is paid out by the trust.

Best,

Jim

3

Happy Foolish Anniversary Jim!

Cheers!
Murph
BL Home Fool
(who notes that we both joined TMF in the same year: 2003

4

Happy Fool Anniversary, Jim!!

David

5

That’s a lot of years (balloons) Jim! Happy anniversary. So glad I stumbled onto SpecOpps years ago. Really wish it was still a service!

Care to start another newsletter? I’d be a happy subscriber even if it was just on a periodic basis, no set schedule!

David

6

Hey, hey! Thanks, Murph! Time just slips on by!

Jim

7

Thanks, David and David! I replied before I saw the other congratulations. So long already with the Fool.

You know I was reading about Substack the other day and thinking about what it would take to launch a newsletter there. I’m still mulling it as I have been for a while.

Best,

Jim

1 Like
8

So glad I stumbled onto SpecOpps years ago. Really wish it was still a service!

Me, too, David

Another David (formerly TMFWysocki)

1 Like
9

Congrats, Jim! You are a credit to Fooldom!
Vince

10

Thank you so much, Vince!

Best,

Jim

11

19 years… !

Belated “Happy Fooliversary,” Jim.

12

Thank you, Rob!

Best!

Jim