StubWorld: GMO Internet (4784) Will Be Squeezy. Until It's Not.
Taking down borrow is the right trade. But given the float, only a persistent few will be up to the challenge. Plus the BIG catalyst - a massive...
459 Views
StubWorld: Swire Is "Rich" To Cathay; And Cathay "Cheap" To Air China
At these NAV discount levels, I might look to set up the stub, and short Swire Props, which accounts for ~90% of Swire Pac's mkt cap. The ongoing...
378 Views
StubWorld: Sun Corp (6736 JP) Is Still Inexpensive To Its Cellebrite Stake
Trading at a 48% disc. to NAV. ~40% of Sun is held via Oasis and the SPAC Sponsor. They're there to extract maximum look-through value. Be long...
360 Views
StubWorld: Matheson Looks Stretched
A stock standard takeaway for certain holdcos is to invest where the family invests - or JMH in this case. However, JMH appers stretched here. I...
380 Views
StubWorld: Cheung Kong's Geopolitics
Labelling CKH an agent of China is misplaced. But with a Panamanian court judgement potentially imminent, it's probably still too early to jump in.
807 Views