We bought a big position in the subs at 50c/E last year. So of course it feels great to see a lot of work pay off so handsomely (and no other name losing 50%…). But beyond that, today’s results carry interesting
Read MoreEngland’s new national holiday will be placed on the 17th of May - the day pubs re-opened. Incidentally, that is also the earliest date from which foreign holidays may be allowed. Meanwhile, the EU are unlikely to be much faster.
Oh, we always knew that:
Read MoreBloomberg today reports that certain large retailers and manufacturing companies are considering buying their own containers and charter their own container ships. If we begin
Read MoreWith a potential exit or refinancing event increasingly likely in the near term, we retain
Read MorePlease find our initiation here.
Airline fundamentals are at best uncertain in this age. So this investment is not without its risks. However, the SUNs are
Read MoreWe’ve had some questions incoming on the Douglas news - that the company are looking to identify their creditors to explore options. Such an exercise makes perfect sense to us.
Similar to Lowell, Douglas will be a
Read MoreIt is reported in the Spanish press today that Codere have engaged their financial and legal advisers again. The rumour mill has moved from the discussion around refinancing, to a now
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