Hey, @Tenbagger-Capital! đ
**Weâre finally back!** After a week of forced downtime on the penalty bench, our batteries are fully charged, and weâre jumping right back into the ring with full momentum!
But tell me: What on earth happened in just this one week?! No sooner do we look away for a moment than you go and rename yourself **âTenbagger Capitalâ**! đ„ Do you think youâre a hedge fund manager now, or were you hoping that the new, aristocratic name would protect you from Mr. Promptâs fact-checks? đ
And the best part of your post: You write in all seriousness that youâre incredibly interested in the opinion of **âthe Promptsâ**, but then dutifully tag only @Aktienhauptmeister and secretly hope that weâll remain out of the loop after this one-week absence? Forget it, my friend! RaketenToni and Mr. Prompt are back on the terraceâand the door is wide open!
So letâs get to your new favorite, **LandBridge Company LLC ($LB)**. Youâve picked out a damn exciting stock there, but weâve got to wipe the rose-colored glasses off your eyes once again.
---
### đ What you got RIGHT (credit where credit is due)
You have to give it to you: LandBridgeâs business model is extremely clever, and your basic premise is absolutely valid.
* **Capital-Light Dream:**
LandBridge isnât a dirty oil producerâitâs a landlord. With a measly $1.1 million in CapEx in the second quarter of 2026, theyâre achieving an **EBITDA margin of a whopping 89%** and a **free cash flow margin of 60%**! Thatâs absolutely top-tier from an operational standpoint.
* **Rock-Solid H1 Numbers:**
Q2 revenue of $66.8 million (+41% YoY) and FCF of $40.2 million show that the cash is rolling in.
* **Strategic Transformation:**
The pivot away from pure oil/gas royalties toward solar farms (DESRI deal) and water infrastructure makes sense. The conversion from a Delaware LLC to a Texas corporation for future index inclusion is also a smart strategic move.
---
### â ïž Where Youâre WRONG & What Youâre Leaving Out (The Reality Check)
Now, however, comes the part where âTenbagger Capitalâ has once again reached a little too deep into the voodoo box:
#### 1. The AI data center dream is still pure speculation!
In your text, you act as if money were already pouring in from the AI division. The plain truth in the Pro Report is: **There isnât a single firmly signed lease agreement for data centers yet!**
The 10+ GW pipeline currently consists solely of non-binding letters of intent (LOIs), options, and negotiations. Management itself says that the first revenue from this sector will come in **at the earliest by the end of 2027**. So right now, youâre essentially buying into a pipe dream for 2028.
#### 2. Insider dumping totaling a whopping $93.8 million! đš
Strangely enough, you completely âforgotâ to mention this in your presentation:
On August 7, 2026, an entity owned by Director David Capobianco (LandBridge Holdings) cold-bloodedly **dumped 1,250,000 shares onto the market for $93.8 million** (at $75.05 per share)!
If the stock really is the ultimate AI 100-baggerâwhy is the insider cashing out nearly $94 million? A wake-up call for your followers!
#### 3. Regulatory Headwinds in Texas
In Texas, authorities are currently reviewing permits for data centers as part of an ERCOT audit. Even though LandBridge may be well-positioned with âbehind-the-meterâ concepts, this introduces timing risks to the timeline youâve been hyping so much.
#### 4. The Sky-High Valuation (P/B ratio of 18.9x!)
The stock is trading at around âŹ74.50 / $86.90, near its 52-week high.
* The trailing P/E ratio stands at an astronomical **67.8x**!
* The price-to-book ratio (P/B) is at an extremely expensive **18.9x**.
* InvestingProâs fair value is **âŹ80.90 / $93.60**âwhich means a meager upside potential of just **+7.6% to +8.2%**. So the market has already almost completely priced in your wonderful AI story!
#### 5. That MarketScreener/onVista Voodoo Again
Youâre once again celebrating the projected decline in the P/E ratio through 2028 based on estimates. As always, only 2 to 4 analysts are currently looking at these long-term forecasts! Presenting this as a given fact is nothing more than reading tea leaves.
---
### đ„ Mr. Promptâs Conclusion for âTenbagger Capitalâ
LandBridge ($LB) is a highly profitable, fascinating company with fantastic margins. **BUT:** Anyone who jumps in now at just under âŹ75âan all-time highâwhile insiders are selling for $94 million and not a single data center contract has been legally signed yet is paying a massive hype premium!
So youâd better put the champagne back on ice, donât get too carried away with the âCapitalâ in the name, and come join us on the terrace. Coffeeâs on me! âđ»
**Weâre finally back!** After a week of forced downtime on the penalty bench, our batteries are fully charged, and weâre jumping right back into the ring with full momentum!
But tell me: What on earth happened in just this one week?! No sooner do we look away for a moment than you go and rename yourself **âTenbagger Capitalâ**! đ„ Do you think youâre a hedge fund manager now, or were you hoping that the new, aristocratic name would protect you from Mr. Promptâs fact-checks? đ
And the best part of your post: You write in all seriousness that youâre incredibly interested in the opinion of **âthe Promptsâ**, but then dutifully tag only @Aktienhauptmeister and secretly hope that weâll remain out of the loop after this one-week absence? Forget it, my friend! RaketenToni and Mr. Prompt are back on the terraceâand the door is wide open!
So letâs get to your new favorite, **LandBridge Company LLC ($LB)**. Youâve picked out a damn exciting stock there, but weâve got to wipe the rose-colored glasses off your eyes once again.
---
### đ What you got RIGHT (credit where credit is due)
You have to give it to you: LandBridgeâs business model is extremely clever, and your basic premise is absolutely valid.
* **Capital-Light Dream:**
LandBridge isnât a dirty oil producerâitâs a landlord. With a measly $1.1 million in CapEx in the second quarter of 2026, theyâre achieving an **EBITDA margin of a whopping 89%** and a **free cash flow margin of 60%**! Thatâs absolutely top-tier from an operational standpoint.
* **Rock-Solid H1 Numbers:**
Q2 revenue of $66.8 million (+41% YoY) and FCF of $40.2 million show that the cash is rolling in.
* **Strategic Transformation:**
The pivot away from pure oil/gas royalties toward solar farms (DESRI deal) and water infrastructure makes sense. The conversion from a Delaware LLC to a Texas corporation for future index inclusion is also a smart strategic move.
---
### â ïž Where Youâre WRONG & What Youâre Leaving Out (The Reality Check)
Now, however, comes the part where âTenbagger Capitalâ has once again reached a little too deep into the voodoo box:
#### 1. The AI data center dream is still pure speculation!
In your text, you act as if money were already pouring in from the AI division. The plain truth in the Pro Report is: **There isnât a single firmly signed lease agreement for data centers yet!**
The 10+ GW pipeline currently consists solely of non-binding letters of intent (LOIs), options, and negotiations. Management itself says that the first revenue from this sector will come in **at the earliest by the end of 2027**. So right now, youâre essentially buying into a pipe dream for 2028.
#### 2. Insider dumping totaling a whopping $93.8 million! đš
Strangely enough, you completely âforgotâ to mention this in your presentation:
On August 7, 2026, an entity owned by Director David Capobianco (LandBridge Holdings) cold-bloodedly **dumped 1,250,000 shares onto the market for $93.8 million** (at $75.05 per share)!
If the stock really is the ultimate AI 100-baggerâwhy is the insider cashing out nearly $94 million? A wake-up call for your followers!
#### 3. Regulatory Headwinds in Texas
In Texas, authorities are currently reviewing permits for data centers as part of an ERCOT audit. Even though LandBridge may be well-positioned with âbehind-the-meterâ concepts, this introduces timing risks to the timeline youâve been hyping so much.
#### 4. The Sky-High Valuation (P/B ratio of 18.9x!)
The stock is trading at around âŹ74.50 / $86.90, near its 52-week high.
* The trailing P/E ratio stands at an astronomical **67.8x**!
* The price-to-book ratio (P/B) is at an extremely expensive **18.9x**.
* InvestingProâs fair value is **âŹ80.90 / $93.60**âwhich means a meager upside potential of just **+7.6% to +8.2%**. So the market has already almost completely priced in your wonderful AI story!
#### 5. That MarketScreener/onVista Voodoo Again
Youâre once again celebrating the projected decline in the P/E ratio through 2028 based on estimates. As always, only 2 to 4 analysts are currently looking at these long-term forecasts! Presenting this as a given fact is nothing more than reading tea leaves.
---
### đ„ Mr. Promptâs Conclusion for âTenbagger Capitalâ
LandBridge ($LB) is a highly profitable, fascinating company with fantastic margins. **BUT:** Anyone who jumps in now at just under âŹ75âan all-time highâwhile insiders are selling for $94 million and not a single data center contract has been legally signed yet is paying a massive hype premium!
So youâd better put the champagne back on ice, donât get too carried away with the âCapitalâ in the name, and come join us on the terrace. Coffeeâs on me! âđ»
âą
44
âą
@Raketentoni Yay, there it is again. And âTenbagger-Capitalâ sounds so wonderfully optimistic. Thatâs the path to lots of tenbaggers. Letâs see who ends up with more of them in their portfolio at the end of the day: Herr Prompt Holding or Tenbagger-Capital.
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âą@Raketentoni They aren't necessarily reliant on data center contracts, either. It's still a cash cow in their sector. And new contracts could give them a boost. It's not like $IREN, where you constantly have to check whether the financing still works out.
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11
âą@Tenbagger-Capital
Hey, @Tenbagger-Capital! đ
Of course, Mr. Tenbagger-Capital isnât entirely wrong hereâeven if heâs cleverly leaving himself a little loophole!
Letâs take an objective look at his response:
* **The key point:** He says LandBridge ($LB) is *not* necessarily reliant on data center contracts, but is already a pure cash machine in its existing business areas (oil, gas, and water royalties). Thatâs absolutely true: With EBITDA margins of 89% and extremely low Capex costs ($1.1 million in Q2), cash flow is gushing in even without the AI hype.
* **The comparison:** The side bet on Iris Energy ($IREN) is also a solid play. While miners or pure-play energy speculators constantly have to worry about financing their data centers, LandBridge sits on a low-debt land portfolio and literally has money thrown at it just for the use of its properties (pore space / surface use).
**But (and this is the crux of the matter):**
When the stock is trading at an all-time high of just under âŹ75 / $87 and is valued at a trailing P/E ratio of nearly 68x, the fantastic data center story *is* already priced into the share price! Anyone who claims the contracts arenât necessary is forgetting that a valuation based on these multiples would be built on shaky ground without the 10+ GW data pipeline growth.
Feel free to tell him this: As a pure cash cow for oil and water royalties, the business model is brilliantâbut at these prices, youâre buying into the AI future in advance, while the CEO just sold off nearly $94 million worth of shares in August!
Hey, @Tenbagger-Capital! đ
Of course, Mr. Tenbagger-Capital isnât entirely wrong hereâeven if heâs cleverly leaving himself a little loophole!
Letâs take an objective look at his response:
* **The key point:** He says LandBridge ($LB) is *not* necessarily reliant on data center contracts, but is already a pure cash machine in its existing business areas (oil, gas, and water royalties). Thatâs absolutely true: With EBITDA margins of 89% and extremely low Capex costs ($1.1 million in Q2), cash flow is gushing in even without the AI hype.
* **The comparison:** The side bet on Iris Energy ($IREN) is also a solid play. While miners or pure-play energy speculators constantly have to worry about financing their data centers, LandBridge sits on a low-debt land portfolio and literally has money thrown at it just for the use of its properties (pore space / surface use).
**But (and this is the crux of the matter):**
When the stock is trading at an all-time high of just under âŹ75 / $87 and is valued at a trailing P/E ratio of nearly 68x, the fantastic data center story *is* already priced into the share price! Anyone who claims the contracts arenât necessary is forgetting that a valuation based on these multiples would be built on shaky ground without the 10+ GW data pipeline growth.
Feel free to tell him this: As a pure cash cow for oil and water royalties, the business model is brilliantâbut at these prices, youâre buying into the AI future in advance, while the CEO just sold off nearly $94 million worth of shares in August!
âą
11
âą