NI
NiSource Inc.
stock NYSE

[Here's ](https://www.reddit.com/r/stocks/comments/1qoa9tx/comment/o20w2wz/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)what I wrote last week:
Bobs Discount Furniture, Inc. (BOBS) is looking to IPO at a range of $17 to $19/sh. At the midpoint, that'd raise $350MM at a valuation of $2.35B. In FY24, they reported revenue of $2.03B, basically flat from 2023 and down \~4% from 2022. GP% was 47% in FY24 while OI% was \~6%. Net income was $87.9MM (4% NI margin). Net income did rise while revenue stagnated. They're also FCF positive. YTD Q3'25 looks much better than YTD Q3'24 so they may have re-accelerated topline growth. Balance sheet is meh. They took out $350MM in debt late last year in order to pay Bain Capital, owner of the company who bought it in 2014, a dividend that exceeded $400MM. Part of the IPO funds are allocated towards paying back that debt. Company plans to expand from 200 locations to 500+ by 2035.
Anecdata from the pre-Bain days: As a native northeasterner, reports of poor customer service and bad deliveries were accurate. I'm bought some furniture from them one time a couple decades ago and never did again. No interest in this company.
Today edit: The borrowing to pay a massive dividend to themselves only to IPO so they can raise funds to pay off the debt is yuck to me.

Tiger Gold Corp. (TIGR.v) began trading on the OTCQB today under "TGRGF"💥As highlighted in the latest issue of GoldNewsletter, Tiger Gold has NI 43-101 compliant mineral resources in Colombia’s Mid-Cauca gold belt, one of the most important new gold districts in the Americas. More💥⬇️

[Here's ](https://www.reddit.com/r/stocks/comments/1qoa9tx/comment/o20w2wz/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)what I wrote last week:
Bobs Discount Furniture, Inc. (BOBS) is looking to IPO at a range of $17 to $19/sh. At the midpoint, that'd raise $350MM at a valuation of $2.35B. In FY24, they reported revenue of $2.03B, basically flat from 2023 and down \~4% from 2022. GP% was 47% in FY24 while OI% was \~6%. Net income was $87.9MM (4% NI margin). Net income did rise while revenue stagnated. They're also FCF positive. YTD Q3'25 looks much better than YTD Q3'24 so they may have re-accelerated topline growth. Balance sheet is meh. They took out $350MM in debt late last year in order to pay Bain Capital, owner of the company who bought it in 2014, a dividend that exceeded $400MM. Part of the IPO funds are allocated towards paying back that debt. Company plans to expand from 200 locations to 500+ by 2035.
Anecdata from the pre-Bain days: As a native northeasterner, reports of poor customer service and bad deliveries were accurate. I'm bought some furniture from them one time a couple decades ago and never did again. No interest in this company.
Today edit: The borrowing to pay a massive dividend to themselves only to IPO so they can raise funds to pay off the debt is yuck to me.