In today’s briefing:
- Nintendo – Take Profit
- 51job’s Privatisation Offer to Be Voted for on 27 April
- S&P BSE Indices (SENSEX Family): Quiddity Leaderboard for June 2022 Rebalance
Nintendo – Take Profit
- Nintendo is up 25.2% since we turned genuinely bullish on the name at the end of Nov.
- The weakening yen has helped significantly and should lead to a small overshoot on the dividend as well.
- However, they just announced a delay of the Breath of the Wild sequel and we think this is a good time to take profit.
51job’s Privatisation Offer to Be Voted for on 27 April
- The EGM to approve the 51 Job Inc Adr (JOBS US)’s privatisation offer of $61.00 in cash per ADS will be held at 9 am (Shanghai time) on 27 April.
- The transaction is expected to close during the second quarter of 2022. The continuing shareholders represent 56.2% of the voting rights according to the proxy statement.
- Based on 67.5 million ADS entitled to vote at the EGM, around 21% of disinterested shareholders are required to vote in favour to meet the two-thirds voting threshold.
S&P BSE Indices (SENSEX Family): Quiddity Leaderboard for June 2022 Rebalance
- The S&P BSE family of indices represents the performance of stocks listed on the Bombay Stock Exchange (BSE) across various sizes, themes, industries, and strategies.
- This series will mainly focus on the following indices of the S&P BSE family: S&P BSE 500, S&P BSE 200, S&P BSE 100, and S&P BSE SENSEX.
- In this insight, we take a look at the leading candidates who could become Adds/Deletes during the June 2022 Semi-annual Rebalance.
Before it’s here, it’s on Smartkarma
