bearish•Toshiba Corp•08 Jun 2023 15:21
Toshiba – Tendering Now Recommended
Toshiba announced today that its board had shifted stance on JIP’s upcoming tender and would recommend shareholders tender. An offer price increase...
bearish•Toshiba Corp•12 May 2023 07:32
Toshiba – Earnings Preview 4QFY23
We believe Toshiba guidance could be meaningfully lower than consensus estimates project. Given concerning signs for NAND we believe weak guidance...
bearish•Toshiba Corp•09 May 2023 14:29
Toshiba – Kioxia Could Be A Break Risk
We believe Kioxia’s results present a significant risk to financing for JIP’s Toshiba bid and that it is not inconceivable for Kioxia to require...
bearish•Activision Blizzard•27 Apr 2023 08:44
Activision Blizzard – An Unsightly Mess
While the reasoning for the CMA blocking the MSFT-ATVI merger looks suspect we are not convinced that it is the wrong move... not even for Microsoft.
bearish•Toshiba Corp•21 Apr 2023 12:02