Special Situation Investments

Steel Connect (STCN) – Going Private – Upside TBD

Nov 30, 2021Apr 12, 2021

Current Price: $1.90

Target Price: TBD

Upside: TBD

Expiration date: TBD

SUBMIT QUICK IDEA

Quick Pitch: Hollysys Automation Technologies (HOLI)
Couple more developments on HOLI front: - On Nov 24, Ascendent Capital Partners, one of the bidders and the largest…
Ilja on Nov 28, 2023
GAN Limited (GAN)
Based on this writer's research, it seems they have condition H to prevent potential headaches if the Chile situation gets…
Oracle_Of_Vancouver on Nov 28, 2023
Quick Pitch: Kindred Group (KIND-DB.ST)
This one is not getting a lot of love. Seems like one of those heads you break even, tails you…
ijw on Nov 27, 2023
Quick Pitch: L’Occitane International (0973-HK)
https://www.clarksquarecapital.com/p/loccitane-international-sa-hk-973 I believe the stock is compelling for the following reasons: The near-term stock setup has been derisked due to…
Nancy Pelosi on Nov 27, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
Several positive updates from HOLI. The board has caved under shareholder pressure and confirmed that the required 30% threshold to…
Ilja on Nov 24, 2023
GAN Limited (GAN)
Yeah that is a headscratcher for me as well. I thought Sega would be mainly interested in B2B tech. So…
ijw on Nov 22, 2023
GAN Limited (GAN)
Been reading the information on coolbet. It seems clear they would be affected. However this issue was known prior to…
BKGal on Nov 21, 2023
GAN Limited (GAN)
From latest 10-Q, revenues from Chile represented 28.4% of total consolidated revenue in Q3 2023... pretty significant.
Stonkat_Ali on Nov 21, 2023
GAN Limited (GAN)
Read this interesting sensitivity analysis: https://continuouscompounding.substack.com/p/gan-part-4-decision-tree-analysis
Oracle_Of_Vancouver on Nov 18, 2023
GAN Limited (GAN)
Coolbet meets all these criteria for rejection. It even sponsors a football team called Colo-Colo ("It will also mean that…
Matt on Nov 17, 2023
GAN Limited (GAN)
Coolbet based in Chile
Nancy Pelosi on Nov 17, 2023
GAN Limited (GAN)
my mistake LatAm is a biz they dont separate out how much is Chile vs not
rsfund on Nov 17, 2023
GAN Limited (GAN)
what about Chile matters in this? Revenue and assets in chile are "0"
rsfund on Nov 17, 2023
GAN Limited (GAN)
Did some more digging: https://g3newswire.com/chile-online-bill-will-block-operators-who-have-been-present-in-the-market/ "According to article 13 of the bill: “The Superintendency will reject applications for an operating…
ijw on Nov 17, 2023
GAN Limited (GAN)
I don't speak legalese, but this implies Chile would need to make online gambling illegal right? "Chilean Operations. The National…
ijw on Nov 16, 2023
GAN Limited (GAN)
Read the merger agreement and look for language pertaining to Chile where Coolbet operates. Also look at what is happening…
Neil on Nov 16, 2023
GAN Limited (GAN)
I think 'profit taking' and 'salty people' are weak explanations for a gigantic 35% spread in a ~$100m merger. Add…
writser on Nov 16, 2023
GAN Limited (GAN)
There are a lot of salty people who got in at much higher prices. And this is a small cap.…
ijw on Nov 16, 2023
Quick Pitch: Consolidated Communications Holdings (CNSL)
CNSL's takeover by Searchlight has received pushback from one activist investor - something I mentioned as a possibility in my…
dt on Nov 16, 2023
GAN Limited (GAN)
I sold my shares at the day of the M&A announcement, bought back a small position yesterday. Have been missing…
Olve on Nov 16, 2023
GAN Limited (GAN)
Seems a bit excessive for the profit taking dynamics only, but maybe? Some people on Twitter are saying gaming license…
Jimo on Nov 16, 2023
GAN Limited (GAN)
Not seeing any news. Assuming this is just profit taking given the size of the pop it had on definitive…
mkasson on Nov 15, 2023
GAN Limited (GAN)
Any news here? Price seems to be cratering
Olve on Nov 15, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
There is an incentive to get your bid in last. By bidding early other bidders will have to bid higher…
ijw on Nov 15, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
Management might simply be interested in keeping their jobs/empire instead of 'selling out' to Recco & Co or being outvoted…
Ilja on Nov 15, 2023
Quick Pitch: LL Flooring Holdings (LL)
Sullivan now offering $3, materially lower than the initial offer. "On November 14, 2023, F9 delivered a letter to LL…
Paul on Nov 14, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
What would in case be the intention/end goal of deflecting attention from the process?
Olve on Nov 14, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
That's a pretty optimistic view and I hope it will play out along those lines. However, I'm worried about the…
Ilja on Nov 14, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
This whole saga is so incredibly strange. First the rumours, then the bid by the 2 COO's. Now Ascendant. If…
ijw on Nov 14, 2023
Quick Pitch: Hollysys Automation Technologies (HOLI)
HOLI privatization saga is turning into a bidding war with two new/improved bids announced this week. Chinese PE firm Ascendent…
Ilja on Nov 11, 2023