Published by FG Alpha to GeoInvesting Summary More than 50% of Playa Hotel & Resorts N.V. (PLYA) real estate portfolio and Adjusted EBITDA come from the Yucatan Peninsula, where the U.S. State Dept. has recently issued new travel warnings Tourism to popular “all inclusive” PLYA resorts in Cancun and Playa del Carmen could decline as […]
Contributed by FG Alpha Management About Dali Foods Group (3799:HK) (3799:Hong Kong) Dan David, co-founder of GeoInvesting and founder and CIO of FG Alpha Management, spoke at Sohn Hong Kong where he presented a short thesis on Dali Foods (3799.HK). The presentation covered arguments on: advertising expenses cash advances CAPEX spending unbelievably low operating expenses […]
About Ominto (NASDAQ:OMNT) Contributed by FG Alpha Management for GeoInvesting, LLC This article is currently being held for further review.
Contributed by FG Alpha Management for GeoInvesting, LLC Summary Eros’ $95 million outstanding revolving credit facility balance is believed to be due end of this month and the company was downgraded last week by S&P from B+ to B- The revolving credit facility is estimated to represent over 82% of the company’s current cash balance Eros’ new […]
Contributed by FG Alpha Management for GeoInvesting, LLC Summary An amended class action securities complaint cites testimony from an Indian filmmaker and Eros International (NYSE:EROS) co-producer as a confidential witness This confidential witness claims that “Eros channels money to family members through dummy production deals” This claim seems to lend validation to longstanding allegations of fraud and misdealing […]
Contributed by FG Alpha Management Summary Rental car industry titan Hertz (NYSE:HTZ), as well as CAR Inc.’s (0699.HK) Chairman Lu, have both sold almost all of their CAR Inc. shares prior to Q1 2016. After comparing CAR Inc. to its peer and shareholder, Hertz, we believe the company is using a questionable depreciation method to […]
We learned today (after last night’s market close in Asia) that a discounted rights offering proposed by Sino Grandness Food Industry Group (T4B.SI) (OTCBB: SFOOF) has been reduced in price significantly, to the tune of 32%, furthering a case that we made in October that the company may have seen its Hong Kong IPO of its […]
GeoInvesting Premium Members Received this Note on July 5, 2016 – to join our community, click here. With the recent run up in BSPM shares, we wanted to perform some due diligence of our own to try and confirm the market’s euphoria or potentially stop it in its tracks. Over the last month, BSPM has […]