THE CHEMISTRY OF MISPRICING: WHY ADVANSIX (ASIX) IS A "DOLLAR FOR 50 CENTS" — Woodworth Contrarian Fund When the market counts a company down and out, we take a second look. AdvanSix Inc. (NYSE: ASIX) is currently trading as if it were going out of business, having shed over 44% of its value in the last...

AdvanSix ($ASIX) looks like classic liquidation pricing: ~0.54x book, ~3.9% dividend, and a $100–$120M 45Q tax-credit catalyst starting 2026/27 that feels ignored. Full piece: www.woodworth.fund/news/the-chemistry-of-mispricing-asix
#ValueInvesting #ASIX

METHODE ELECTRONICS (MEI): A Short Circuit or Just a Blown Fuse? — Woodworth Contrarian Fund If you want to clear a room at a cocktail party in 2026, tell them you’re excited about an auto-parts supplier undergoing a "transformation" during an EV slowdown. If you want to clear the room even f...

MEI is the kind of “transforming” auto supplier everyone ignores in an EV slowdown. That’s why it’s interesting.

~$7.50 stock vs tangible book ~$7.83 + a $7.10 floor + positive FCF guidance

www.woodworth.fund/news/methode-electronics-mei-a-short-circuit-or-just-a-blown-fuse

#MEI #ValueInvesting

THE MILLEGAN MEMO: POST-DECEMBER 2025 — Woodworth Contrarian Fund December served up the full Woodworth sampler platter: Oregon’s market “scoreboard” gave us a mid-month sugar high and a month-end reality check, a 90s peso hangover reminded everyone that “internatio...

SFH “institution ban” sounds great until it cuts supply.

December Millegan Memo: housing scapegoats vs renters/supply, Tequila Crisis FX lesson, $BMBL rebound + shorts, Coos Bay port automation+rail, keep quarterlies ($STLA), WORM Oregon tape, BLS trust→vol.

www.woodworth.fund/news/the-mil...

Take a look at our latest research article! If you subscribed to our newsletter, you saw this first!

MGP Ingredients Is Not Broken, It’s Just Hungover (NASDAQ:MGPI) Discover why MGP Ingredients (MGPI) offers 50%+ upside with strong financials and growth drivers.

seekingalpha.com/article/4854...

THE MILLEGAN MEMO: POST-NOVEMBER 2025 — Woodworth Contrarian Fund This month we revisit the original oil panic, the whiskey glut nobody noticed, homebuilders’ disappearing margins, and the only friend AI data centers really have - natural gas. In other words: 1970s ...

The new Millegan Memo is live. We debut the WORM index for #Oregon names, revisit the 1973 oil shock, dig into MGPI’s whiskey glut, homebuilder margin compression, and why AI’s real ally is natural gas.

As of 12/9, WORM closed at 3,408.71.
www.woodworth.fund/news/the-mil...

#OregonInvesting #WORM

THE KINGDOM OF BROWN GOODS: WHY MGPI IS BEING CRUSHED BY INVENTORY & PRIMED FOR RESURRECTION — Woodworth Contrarian Fund MGPI looks like another dead whiskey stock — down 75% in two years, trading at a “liquidation” multiple, and tossed in the penalty box for an inventory glut the market assumes will never clear. Under ...

Whiskey isn’t dead — it’s over-inventoried.

We think $MGPI is primed for a comeback as the brown-goods glut clears. Full in-depth research article from Woodworth:

www.woodworth.fund/news/mgp-ing...

#MGPI #valueinvesting #whiskey #ContrarianInvesting #WoodworthFund

WILLAMETTE VALLEY VINEYARDS (WVVI): Not-So-Great Value — Woodworth Contrarian Fund As an Oregon-based hedge fund, we often get the opportunity to more closely investigate local companies that are otherwise too small to register on most firms’ radars.  Willamette Valley Vineyard...

Good wine, bad stock? 🍷

A shuttered #WVVI tasting room in McMinnville led us back to the 10-Q. Bank overdrafts, thin volume, heavy preferreds, and a brutal wine market.

www.woodworth.fund/news/willamette-valley-vineyards-wvvi-not-so-great-value

#WillametteValleyVineyards #Oregon #wineindustry

THE MILLEGAN MEMO: POST-OCTOBER 2025 — Woodworth Contrarian Fund This month’s Millegan Memo runs from Oregon dirt to Old Europe’s bond markets. On the company side, we walk through Helen of Troy’s “take your medicine” quarter, a local vineyard flagship that looks m...

New Millegan Memo is up.

We look past October’s noise to:
• Helen of Troy’s reset
• A hometown winery we’re avoiding
• Stellantis at “broken” pricing
• A preview of the Woodworth Oregon Index

Read: www.woodworth.fund/news/the-mil...

HELEN OF TROY (HELE): Reset Creates Opportunity — Woodworth Contrarian Fund We at the Woodworth Contrarian Fund specialize in finding buying opportunities when the market is selling. This means buying early and selling early - if you wait for the last drop of blood, they’re a...

🧐 New article on Helen of Troy #HELE
Despite a large non-cash impairment, HELE remains adjusted-profitable, has resilient brands (OXO, Hydro Flask, Revlon appliances) and trades at historically low multiples. The market has over-reacted

www.woodworth.fund/news/helen-o...
#ValueInvesting #Contrarian

THE MILLEGAN MEMO: SEPTEMBER 2025 — Woodworth Contrarian Fund Helen of Troy (HELE) is cheap, wheat commodity corners collapse in 1871, the Woodworth Fund releases its Q3 Newsletter, and the yield curve flips back. Different centuries, same story: the market alwa...

Helen of Troy (HELE) looks like $70 of assets for $26.
In 1871, wheat speculators lost to 567 train cars.
Now, the yield curve is back upright—but warning lights stay on.

Sept #MilleganMemo went out Sat for subscribers
Subscribe at the bottom of the article

#HelenOfTroy #YieldCurve #ValueInvesting

THE MILLEGAN MEMO: POST-AUGUST 2025 — Woodworth Contrarian Fund Kohl’s keeps cashing checks while analysts call it a meme, Nvidia finds out it’s not the only chip in town, and the jobs market cools just enough to make everyone equally nervous. This issue sees earn...

Kohl’s isn’t dead.
Nvidia isn’t invincible.
The economy isn’t hot (but it isn’t cold).

That’s the latest Millegan Memo.

Get it in your inbox before everyone else → www.woodworth.fund/news/the-mil...
(or read the delayed version now 👀)

#KSS #NVDA #AVGO #BLS #economicdata #investment #hedgefund

SHOULD PUBLIC COMPANIES STOP REPORTING QUARTERLY EARNINGS?

It seems that time and time again - the Trump administration proposes removing the requirement for public companies to report quarterly, instead favoring the European/Chinese standard of reports every 6 months.

(1/4)

Is that insider information? Should congress be allowed to trade stocks? 🤔📈

NEW EP #16 of the #CapitalCallPodcast with the #MilleganBrothers out earlier this morning on #Spotify #YouTube & #ApplePodcasts

www.CapitalCall.Stream

#financepodcast #stockmarket #insidertrading #economics #congress

You hate to agree with anyone on #reddit about #Kohls 👀📈

NEXT EPISODE #15 of The #CapitalCallPodcast with the Millegan Brothers dropped yesterday morning!

Subscribe to our mailing list, #Spotify #YouTube and #Applepodcasts below

www.CapitalCall.Stream

Another great discussion 🙌 new episode of the #CapitalCall every Monday!

THE MILLEGAN MEMO: JUNE 2025 — Woodworth Contrarian Fund Your pockets are inflating (a little bit more than expected), Nike bounces on bad news, and the US Dollar made records (not necessarily good ones). - Managing Partners Drew Millegan & Quinn M...

June's Millegan Memo is out.

If you were on the list, it showed up in your inbox yesterday.

This month:
– Core inflation overshoots (again)
– Nike surprises with earnings (Wall Street shrugs, stock jumps)
– US Dollar drops

📩 Join the list before the next one: www.woodworth.fund/news/the-mil...

I really liked the LBJ punching a guy story on this episode 😬

#Nike bounced on bad news? This & more on the latest episode #13 of The Capital Call with the Millegan Brothers - new release every Monday on #Spotify #applepodcasts & #youtube
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www.CapitalCall.Stream
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#podcast #finance #stockmarket #NKE #earnings #shoes #economy

Live with the Woodworth Contrarian Fund Founders: Exclusive Webinar on Investing this Friday, June 27th @ 12 PM ET / 9 AM PT

Register now, while seats are available:

cornell.zoom.us/meeting/regi...

We’re excited to share that Quinn Millegan, Co-Managing Partner of Woodworth Contrarian Fund, will be speaking tomorrow at the Oregon Startup Conference, hosted at George Fox University in #newbergoregon tomorrow, June 20th @ 11:00 a.m.

Details below:

www.woodworth.fund/news/2025-or...

#Stellantis might be the best bang for your buck - this & more on episode 10 of the Capital Call with the Millegan Brothers #Podcast out now on #Spotify #YouTube & #applepodcasts
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#economy #finance #cars #stla #dodge #jeep #ram #Maserati #fiat #Peugeot #stockmarket #valueinvesting

THE MILLEGAN MEMO: MAY 2025 — Woodworth Contrarian Fund The US love-hate relationship with tariffs and market certainty, Abercrombie & Fitch is worth trying on (but it might not fit), and international trade (s)melt down. - Managing Partners Drew Mil...

The May Millegan Memo is out now: The #US love-hate relationship w/ #tariffs & market certainty, #Abercrombie & Fitch is worth trying on (but it might not fit), and international #trade (s)melt down.

If you subscribed to our email list, you saw this on Friday!

www.woodworth.fund/news/the-mil...

BYD outcompeting Tesla??? 😱 Ep 8 of the Capital Call #podcast out now on #spotify #youtube #applepodcasts

www.CapitalCall.Stream

#economy #finance #Tesla #BYD #electric #cars #electriccar #Europe #elonmusk #China #manufacturing

What is the gold-plated water cooler effect? Episode 7 of the Capital Call with the Millegan Brothers out now! With special guest Dr. Nicholas Woo and his input as an Army Doc! #economics #finance #podcast #army #Healthcare #monopoly #Spotify #youtube

www.CapitalCall.Stream

Also - on our "This day in economic history" segment someone ends up ironically in a boiling vat of beer after the biggest short squeeze of the last century! 👀🍻

#Wallstreet can resurrect companies from the dead ☠️ this & more on the Capital Call #podcast Ep 6 with the Millegan Brothers out now on #Spotify & #YouTube

www.CapitalCall.Stream

#finance #stockmarket #shortsqueeze #economy

What do falling #oil prices, orbital battleships, and lab-grown mammoth meat have in common? Apparently, episode 5 of the Capital Call #podcast with the Millegan Brothers out now on #spotify & #youtube #economy #opec

www.CapitalCall.Stream

THE MILLEGAN MEMO: APRIL 2025 — Woodworth Contrarian Fund Your new Monday commute podcast - The Capital Call: with the Millegan Brothers and we explore Stellantis (formerly Fiat-Chrysler) and Moderna’s current value propositions in the market. - Managing P...

April's Millegan Memo is out now! If you were subscribed to our email list - you saw this yesterday.

The Capital Call #Podcast & #Stellantis (formerly Fiat-Chrysler) and Moderna’s current value propositions in the market. #STLA #mRNA #economy #stockmarket

www.woodworth.fund/news/the-mil...

Back When Mussolini's Brokers Beat Each Other Instead of the Market Capital Call: with The Millegan Brothers · Episode

open.spotify.com/episode/25K1...