Food for Thought #23 // Links🔗

I stumbled over some reviews of 2020 (and some other stuff) …

Food for Thought #18 // Links🔗

This time the most interesting content I stumbled over includes: A Must-Watch-Video!, Quality Shareholders, software, Big Lessons rfom History, Overton Window, Oil majors, our tax ignorance, …

Update on SoftBank after Q2 2020 results

SoftBank Group (9984 JP) reported Q2 results, for the period ending Sept 30, 2020.

Food for Thought #17 // Links🔗

This time the most interesting content I stumbled over includes: equity markets, stock exchanges, pipe, GMO, and Q3 updates on SES SA, Progressive

Links🔗: Food for Thought #15

Below you find the most interesting investment-related content and thought-provoking articels I stumbled about in the recent past. Enjoy reads about: investment vehicles, China, 100 baggers, Goldman Sachs, 1MDB, Gilead, Intel, SES, Flow Traders, SPACs, … (this one got a bit longer far too long)

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Is SoftBank Group still worth holding? (update after Q1 results)

SoftBank Group Corp. reported its earnings results for Q1 FY2020 ending June 30, on Tuesday (Aug 11, 2020). Time to update my SOTP valuation …

SBG: Masa is online talking Q1 results

So far, I loved his references to ancient Japanese warfare and how he linked it to cash 🙂

Softbank Group: Do I Want to Buy More, Hold or Sell?

SoftBank Group (SBG) reported its earnings results for FY2019 on Monday (May 18, 2020), including record losses — mostly driven by adjusting the value of its investments like WeWork and Uber, downwards. Son announced another share buy back program and that SoftBank would invest in startups on its own, since finding outside investors for SVF sequels is unlikely. Time to update my sum-of-the-parts valuation…

Quickie📢: Softbank Groups recent One Month Performance

Softbank Group (9984 JP) fell to a recent low of 2,687 JPY on March 19. Reseasons were the corona crisis hitting its portfolio of startups and mounting credit fears. Since then it recovered strongly, currently trading for 4,735 (+76%). Developments taking place were manyfold, such as …

News📰: AVI takes a stake in Softbank Group as it is too cheap to ignore

After Elliott, another activist Investor invests in SBG as discount to NAV is too big to persist and proposes steps to increase shareholder returns.

News📰: Softbank Group spends 500 bn JPY on Share Buy Backs

Softbank Group Corp or SBG (9984 JP) plans to spend 500 bn Yen (c. 4.8 bn$) on Share Buy Backs, potentially purchasing about 7% of currently Oustanding Shares that will then be retired.

• This plan follows Elliots proposal, the amount falls way short though
• Share Buy Backs should (in theory) help closing the Valuation gap (NAV minus fair value)
• I like the news, especially after the strong sell off

Softbank Group SOTP Valuation Update

Update as of Friday, Feb 14, 2020.

Issues regarding Softbank Group

There are various (troubling?) news in the media about Softbank Group (SBG, 9984 JP) and its investments, relating either directly to SBG or to its Softbank Vision Fund (SFV). These news urge me to update my SOTP Valuation for SBG posted in my prior SBG article and to decide what to do with the SBG shares I bought in October 2019.

SFTB: Softbank Group SOTP Valuation

Softbank Group Corp. (Softbank, SBG) is/was a Japanese Telecom Company, turned Investment Company. Determining what was and what is Softbank is not easy…