Founder at Stock Spin-off Investing, Stock Spin-Off Investing

Richard Howe

After graduating from Trinity College in Connecticut, I joined Eaton Vance full-time as an equity research associate. While at Eaton Vance, I completed the Chartered Financial Analyst program and earned the CFA designation. In 2013, I left Eaton Vance to join Citi Private Bank to work in the private equity research group.

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

<ul><li>Hamee reported earnings on September 12, and the stock traded down ~6%.</li><li>The headline earnings looked awful but they included many one time and/or non cash expenses.</li><li>To me, the underlying business looks strong. The spin-off is on track for early November, and I expect it to serve as a hard catalyst to drive shares higher.</li></ul>

Hamee reported earnings on September 12, and the stock traded down ~6%.The headline earnings looked awful but they included many one time and/or non cash expenses.To me, the underlying business looks strong. The spin-off is on track for early November, and I expect it to serve as a hard catalyst to drive shares higher.

Hamee: “Demerger Arbitrage” Setup Remains On Track

Hamee Corp

Hamee: “Demerger Arbitrage” Setup Remains On Track