Posted in Idea Update, Small Cap, US Update for IDN: Good Buying Opportunity Maxim Bogomaz posted on May 17, 2021May 17, 2021 No Comment Since I wrote about IDN, the stock went down 18% and 2 quarters passed, so I think it is time to make an update. Read More
Posted in Idea Update, Mid Cap, UK Update for CSP – Activist Built 9.4% Position – Spin-Off of the Housebuilding – New Chairman – New Mandate Maxim Bogomaz posted on January 2, 2021January 2, 2021 No Comment Browning West, the third-largest shareholder in Countryside Properties PLC, with a 9.4% stake started to take activist actions in CSP. The activist wrote letters to the board, demanding to immediately appoint Browning West's CIO, Usman Nabi, to the Board, replace Countryside's Chairman and task the New Chairman with a mandate to "Let Partnerships Prosper". Read More
Posted in Idea Update, Mid Cap, UK Update for CSP 3Q 2020 – Equity Placing – Partnerships Growth – Shares Went Down ~20% Maxim Bogomaz posted on August 12, 2020August 13, 2020 1 Comment CSP decided to make an Equity Placing to raise £250m. The number of issued shares amounted to 16.6% of ordinary shares. The market took this negatively, and the stock went down 20%. Price decline should be considered in the context that the housebuilding industry went down as well, but not as significantly. This post will address what capital raise and Q3 update mean and how it impacts my thesis. Read More
