Just a note to say thank you Travis. I invested in SODA back in 2014 after reading about it here. My rationale was that SODA had some trend tailwinds (such as disposable plastic bottle reduction), and had a credible takeover story that would happen at some time. Well, it happened. Pepsico has agreed an offer […]
This highlights the scope of China’s risks: Billionaire Chinese businessman disappears amid corruption crackdown. China’s largest company, Fosun Group, owner of Club Med and Cirque du Soleil, last had contact with chairman Guo Guangchan on Thursday. http://www.theguardian.com/world/2015/dec/11/guo-guangchang-chinas-warren-buffet-goes-missing-amid-corruption-crackdown
Almost 5% drop due to Valeant. Good entry point vs. big red flag for Ackman’s risk assessment skills. I am already in so have to ride the storm but deciding whether to nibble in or wait.
Is Fosun (HKG:0656) back in buy territory? I follow it since it was one of the ideas of the month last August. At that point it was around HK$10.00. It subsequently went up to HK$22.00. Now with the slump in China it is at HK$13.00 level and starts to look attractive at a P/E of […]
This is the fund that Neil Woodford is launching these days. It would be his second fund since he left Invesco not long ago. The website is https://woodfordfunds.com/our-funds/wpct/ It is going to be listed in the LSE and will have a British focus. The approach sounds interesting to me, and the fee structure offered is […]