Softbank Group Watchlist
Softbank – Not Pretty
276 Views, 12 May 2022 20:50
- Softbank results were about as ugly as expected and the only major new information in our view was that they took a small (too small) write-down on their private holdings.
- Masayoshi Son did Masayoshi Son things regaling investor with tales of “To the moon bro!” but offered little of substance to suggest a turnaround was near.
- Ultimately we keep coming back to the question of where margin calls might be struck.