SPAC | Special Situation Investments

SUBMIT IDEA

Think Childcare (TNK.AX)
New bid from Busy Bees at A$2.10/share. Trading is halted for now. Great development so far. Given that Alceon's offer…
DanX on Jan 19, 2021
Haier Smart Home (690.D)
Some resources: https://seekingalpha.com/article/4399099-haier-smart-home-german-listed-shares-50minus-80-near-term-upside-massive-discount-to-hk-line https://youtu.be/YIKJ4NUR8Yg The pump is on!
Platitudes on Jan 19, 2021
DuPont de Nemours (DD)
Do you recommend selling the stock since it is up or going through with the exchange unhedged?
fishwithwings on Jan 18, 2021
Reliv International (RELV)
Does anybody have any idea when we might see the cash from this? Just for fun take a look at…
g4734g on Jan 16, 2021
Haier Smart Home (690.D)
So what is Haier international doing with the D-shares? They cannot cancel them and own around 20% of D-shares now,…
ijw on Jan 15, 2021
51job (JOBS)
Thanks for this idea. With JOBS trading back around the pre-announcement price without any debt this appears to be an…
R on Jan 15, 2021
LF Capital Acquisition (LFACW)
The new Landsea warrants now trading and at a much higher levels than I expected - $0.28/warrant. Holding on to…
dt on Jan 15, 2021
Haier Smart Home (690.D)
D shares were IPO'ed only at the end of October'18, so there's not much data before 2019. But initially, it…
Ilja on Jan 15, 2021
Haier Smart Home (690.D)
What are the reasons the company doesn’t open the conversion between HK and EU? If it is possible then the…
EvP on Jan 15, 2021
Haier Smart Home (690.D)
What was the discount like before 2019?
fishwithwings on Jan 14, 2021
Haier Smart Home (690.D)
I've owned this for a couple months now and I really like the idea. But them buying back shares and…
DavidW on Jan 14, 2021
Haier Smart Home (690.D)
Thanks for spotting. This is typo on our side - we indicated upside based on change of the discount (from…
dt on Jan 14, 2021
Haier Smart Home (690.D)
Oh yes I messed the HK-RMB conversion, my bad. So then it looks like this: A share implied market cap…
ijw on Jan 14, 2021
Haier Smart Home (690.D)
Your calculations are incorrect: A – 33.85RMB = 4.32eur H – 33.05HKD = 3.52eur D – 1.85eur
dt on Jan 14, 2021
Haier Smart Home (690.D)
Sorry Im a bit confused here, I did some math and it appears H shares trade at a premium to…
ijw on Jan 14, 2021
Haier Smart Home (690.D)
Sorry, to be clear the London shares being fungible with the A shares was due to the london shanghai stock…
charlies_almanac on Jan 14, 2021
Haier Smart Home (690.D)
Excellent find and write up. HTSC LI (Huatai) similar situation June2019 where they were listed in Hong Kong and China…
charlies_almanac on Jan 14, 2021
Ambase Corporation (ABCP)
Per Ambase, discovery documents provide "additional evidence of wrongdoing by [Apollo] relating to [Ambase's] equity put right and the strict…
davea500 on Jan 13, 2021
DuPont de Nemours (DD)
Wonder why it is down heavily today, don't see any news?
Michael Lax on Jan 13, 2021
Dundee Corporation (DC-A.TO)
https://www.globenewswire.com/news-release/2021/01/12/2156979/0/en/Dundee-Corporation-Announces-Results-of-Substantial-Issuer-Bid.html Priced at $1.40 and oversubscribed, 68.6% of tendered shares will be bought. (Is that called "68.6% proration" or "31.4%…
jwestern on Jan 13, 2021
DuPont de Nemours (DD)
does this still make sense to do with DD's run up? when does it have to be done by? thanks!
Mike on Jan 13, 2021
Liberty Health Sciences (LHSIF)
Thanks. I misread the writeup.
fishwithwings on Jan 12, 2021
Liberty Health Sciences (LHSIF)
You are correct - the spread has narrowed to 7% at the moment.
Ilja on Jan 12, 2021
Liberty Health Sciences (LHSIF)
LHSIF / AYRWF arb upside is now only 7%, instead of 15% in write-up. 96c vs 27.80 x .03683 =…
Terence on Jan 12, 2021
Meten EdtechX Education Group (METXW)
METX trade played out really well, especially for the hedged positions. Hedged trades resulted in +175% return on cost of…
dt on Jan 12, 2021
Liberty Health Sciences (LHSIF)
That's an option, especially with the downside protection from the adjustment structure. The chance of merger breaking seems extremely low,…
Ilja on Jan 12, 2021
Liberty Health Sciences (LHSIF)
Not sure I understand the question. There is no cap on the offer price. Currently, the exchange ratio stands at…
dt on Jan 12, 2021
Liberty Health Sciences (LHSIF)
I think we may just LONG LHSIF?
lyjgeorge on Jan 12, 2021
Liberty Health Sciences (LHSIF)
Since ayr's stock traded at $36.8 should the offer price be capped at $1 instead of the $1.09 mentioned above?
fishwithwings on Jan 12, 2021
US Global Investors (GROW)
Actually I guess the time value would have decreased by 20%. Assuming a risk-free rate of return of 6% (which…
jwestern on Jan 12, 2021

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