bullish
Get Your Pasona (2168 JP) Rump For Free
982 Views09 Feb 2024 09:11
A 48% discount to NAV is extreme, even if management were to do something dumb with the excess cash. Stay long Pasona. It should be taken out eventually; but expect volatility near-term.
Boomeranged on Mon, 15 Apr 2024 07:56
Pasona (2168 JP) said that 10-20% of the total extraordinary gain from the sale of Benefit One Inc (2412 JP) Is to be paid out as a special dividend over 5 years. That is far from “special”. This is not a great outcome. Pasona will fall today. Then it may be a buy in expectation of an MBO; but even that remains unclear. Do read Travis’ insight: Pasona (2168 JP) Special Div - Too Small To Matter
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