Merger Arb Mondays (05 May) - Makino, Shibaura, 7&I, Dickson, Meilan, Soundwill, Smartpay, Pointsbet
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
595 Views
Smartpay (SPY NZ/SMP AU): Three Is No Crowd as a Third Bid Lands at NZ$1.20
Due to the RBA’s surcharge review, Smartpay was susceptible to bids. Three bidders increase the odds of one converting to a binding proposal.
1.2k Views
Payment Companies – Key Picks and Potential IPOs in Focus
PagSeguro is our core value pick, Nexi and Visa are also buys, Affirm still rated a sell, Shift4 is now neutral. Updated Klarna and Stripe pre-IPO...
617 Views
Buy the Pullback Again; S&P 500, Nasdaq 100, Russell 2000 Testing Confluence of Support
Buy the Pullback Again, Same as Our Election Day Report; S&P 500 $SPX, Nasdaq 100 $QQQ, Russell 2000 $IWM Testing Confluence of Support at 20-day...
324 Views
Payment Companies – Updated Sector Overview and Potential IPOs
Mixed 2Q24 shares performance, challenging for long investors in payment companies. Visa retained as core holding, with buys PagSeguro and Shift4;...
613 Views