Crown Resorts' Offer Spread Risk/Reward - The Perth Commission Report
We believe that the Perth commission Report is a positive outcome for the Blackstone offer. At the last close, the gross and annualised spread for...
490 Views
Sands China - Earnings Flash - FY 2021 Results - Lucror Analytics
Sands China's FY 2021 results were acceptable in our view, albeit still poor relative to the pre-pandemic levels. The company's cash flows have...
152 Views
Crown Resorts Enters a SID with Blackstone
Crown Resorts has entered a SID with Blackstone at A$13.10 cash per share. The offer price is attractive and presents the largest shareholder...
387 Views
Blackstone’s Fourth Bid for Crown Resorts
Blackstone has returned for a fourth time with a revised indicative offer of A$13.10 cash per share. The Board’s willingness to recommend a binding...
489 Views
“Buy the Worst” Strategy into Year 3: What's on for 2022 to Beat the HSI?
Our "Buy the Worst" strategy outperformed HSI by a massive 26.1pp YTD. For 2022, new names are Haidilao, Ali Health, Alibaba, Sands China and...
817 Views