FY2022 Results and Discount to NAV
The discount is at a historical high level, and it has been relatively high since the pandemic broke. Probably investors are missing more defensive...
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Selected European Holdcos and DLC: Februaryâ23 Report
Discounts to NAV of covered holdcos have generally tightened during February. Recommended trades are: GBL, Heineken Holding, Porsche Automobile...
292 Views
Selected European Holdcos and DLC: Januaryâ23 Report
Discounts to NAV of covered holdcos have generally tightened since New Year. Spreads tend to widen in bear markets but short-term recoveries...
430 Views
Selected European Holdcos and DLC: New Yearâ23 Report
Discounts to NAV of covered holdcos have generally widened since mid-December. Spreads tend to widen in bear markets but short-term recoveries...
691 Views
Selected European Holdcos and DLC: November/Mid-Decemberâ22 Report
Discounts to NAV of covered holdcos have showed a mixed performance during November and the first half of December, with the same number of spreads...
577 Views