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The Long Happy

ValueTrapped

Musing on markets. Ex-sellside, ex-buyside, ex-startup with a penchant for getting value trapped.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues6Foundeda year agoLast Issuea year ago
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Latest Issues

Synchro Foods $3963.T

Continuing to surf in the wake of activists, Synchro Foods is the highlight of the day. Just a quick post to highlight what I am seeing.

Company Overview

Synchro Food was founded in 2003 and provides a comprehensive suite of tools for res...

a year ago
5

If you're too late to the party, should you bother?

This was sitting in my inbox since January 23, waiting to be processed—until the news broke that Tecnos $3666.T was getting bought out.

That meant:

1/ I couldn’t claim to be a mad genius who predicts tender offers right before they happen...

a year ago
4

Murderer's Row

Recently, I came across an activist situation involving Helios Techno (6927.T), a Japanese small-cap company. While the quality of the business doesn’t appear to be exceptional unlike Sharingtechnology (profiled here) — its operations seem...

a year ago
6
1

Gaijins at the Gate

Activism in Japan: A Compelling Trend

Lately, I’ve been diving into a fascinating trend—activist investing in Japan. What struck me immediately was the sheer number of funds focused on engagement there and, more importantly, their exceptio...

a year ago
9
8

TCOM | AC | NU | PSH

TCOM 7.7% Position

Trip.com Group (TCOM) is the leading player in China’s online travel agency market, with >50% market share. TCOM leverages its strong domestic position to capitalize on the burgeoning travel markets in China, India, and...

a year ago
1

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