Dan Loeb's Third Point has been having a banner year so far, with year-to-date returns ranging from 29.5% to 36.5% for each of the firm's four funds
During a recent webinar, subscriber David Schneider shared his thesis for Exro Technologies, an electrified mobility play.
One of the two ideas Klein presented was Civeo, which has a $330 million market cap and $650 million enterprise value. The company provides remote site accommodations for the natural resource industry.
One of the two ideas Klein presented was Quipt, a durable medical equipment supplier with a $180 million market capitalization. The company up-listed to the NASDAQ about two months ago.
In their first-quarter letter to investors, Managing Partner Kyle Mowery highlighted their long position in eDreams Odigeo SA, which they have invested in since 2017.
The Overlook Partners Fund was up 3.93% for December, bringing its fourth-quarter return to 10.99% and its full-year return to 23.14%.
The Securities and Exchange Commission's letter to Sen. Ed Markey regarding Herbalife Ltd. (NYSE:HLF) is pretty scant on answers. Regulators basically said that they don't disclose information about whether they have investigated or are currently investigating a company on suspicions of being a pyramid scheme.
Lakewood Capital's short position in Tesla Motors Inc (NASDAQ:TSLA) was one of its two biggest losing positions in 2013. However, the fund's fourth quarter letter, which was obtained by Hedge Fund Alpha, shows that it remains convinced that it's right about Tesla.
Cropenergies AG (ETR:CE2) (FRA:CE2) is a Germany-based producer of bioethanol for the fuel sector, as well as of protein feedstuff. Its main brands are ProtiGrain and CropPower85. The company still trades at a PE of below 10, slightly over book value, and has excellent growth prospects. Despite a market cap of $500 million, this German...
Connecticut Water Service (NASDAQ:CTWS) is a non-operating holding company. The Company operates in three segments: Water Activities, Real Estate Transactions and Services and Rentals. For the fiscal year ended 31 December 2012, Connecticut Water Service, Inc. revenues increased 21% to $83.8M. Net income applicable to common stockholders increased 21% to $13.6M. Revenues reflect Water Activities...
