Below you find the most interesting investment-related content and thought-provoking articels I stumbled about in the recent past. Enjoy reads about: Bollore, Wirecard, Flexibility, Finance Books, Supply Chain Finance, Crown Castle, the bull market vs the economy, Nintendo, …Continue reading “Links🔗: Food for Thought”
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.Continue reading “News📰: AVI takes a stake in Softbank Group as it is too cheap to ignore”
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