Star Group, L.P.

SGU position long Wilmot Kidd and John Hill, Central Securities

Thesis

Star Group is a fuel oil distributor with a management team focused on improving cash flow per share over time, despite not having positive organic revenue growth. This focus on cash flow makes it a unique investment opportunity.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The focus on cash flow improvement is a positive indicator, but without evidence of actual performance or milestones achieved, the outcome remains uncertain.

Raw excerpt

No raw excerpt stored.