absreturnchaser

Event-driven / Special Situations PM

[absreturnchaser @absreturnchaser]

Any decent headhunters on here? DM me for potentially some business.

[absreturnchaser @absreturnchaser]

Any decent headhunters on here? DM me for potentially some business.

[absreturnchaser @absreturnchaser]

- imo Board wants to see a bid starting with a 3
- barely any net leverage on the balance sheet
- synergies from deal coming through next 6-12m
- trading on low multiple (scale, not large cap)
- easy plug-in deal for any wound care player
- I expect bidding war, $FUL opened door

[absreturnchaser @absreturnchaser]

I have received more than a dozen DMs on Advanced Medical Solutions #AMS $AMS.L. Company has been approached for takeover 5 times, indicative levels 285p (stock at 217p). Couple points, in summary if you are a shareholder you could approach the Board and ask for a proper auction:

[absreturnchaser @absreturnchaser]

- imo Board wants to see a bid starting with a 3
- barely any net leverage on the balance sheet
- synergies from deal coming through next 6-12m
- trading on low multiple (scale, not large cap)
- easy plug-in deal for any wound care player
- I expect bidding war, $FUL opened door

[absreturnchaser @absreturnchaser]

I have received more than a dozen DMs on Advanced Medical Solutions #AMS $AMS.L. Company has been approached for takeover 5 times, indicative levels 285p (stock at 217p). Couple points, in summary if you are a shareholder you could approach the Board and ask for a proper auction:

[absreturnchaser @absreturnchaser]

Reasonable chance the Spire Healthcare deal could collapse and tank the stock back to 150. $SPI #SPI $SPI.L

[absreturnchaser @absreturnchaser]

Wouldn’t surprise me if founder / CEO took CTS Eventim $EVD private. Valuation is a joke for a monopoly.

[absreturnchaser @absreturnchaser]

Wouldn’t surprise me if founder / CEO took CTS Eventim $EVD private. Valuation is a joke for a monopoly.

[WSJ Business News @WSJbusiness]

CTS Eventim Shares Jump After U.S. Tours, Winter Olympics Drive Earnings https://t.co/tScmkgv3LQ

[absreturnchaser @absreturnchaser]

Any PM on here running a AT1 fund? DM me.

[absreturnchaser @absreturnchaser]

I see that @DanielSLoeb1 is getting sharf kritik. Not only is he among the 1% of SMs left of scale, but his firm has evolved over decades. Comparing pod shops to SMs doesn’t make any sense to begin with (yes, we all get Sortinos).

[Patrick OShaughnessy @patrick_oshag]

Dan on why semis, cap equipment, and hyperscalers are the most attractive sector in the market, and why Nvidia is still cheap:

"The SOXX is up 40%. I don't think I've ever seen an event like that.

You can still buy Nvidia –– maybe the multiple's slightly higher right now –– at 15 times '27, 12 times '28 for the most dominant, very fast-growing company at its size.

I looked through our whole semis, cap equipment, and hyperscaler portfolio.

My instinct was we've gotta take profits here. But I looked at the valuations and the growth rates.

Unless you think the AI world is going to roll over in 2031 or 2032, it's the most attractive sector.

It's where the bulk of our capital is invested."

[absreturnchaser @absreturnchaser]

Any PM on here running a AT1 fund? DM me.

[absreturnchaser @absreturnchaser]

Any views on Intertek $ITRK from here? DM me.

[Reuters Business @ReutersBiz]

CTS Eventim revenue boosted by live entertainment demand https://t.co/lZlo7cJdiV https://t.co/lZlo7cJdiV

[absreturnchaser @absreturnchaser]

Reasonable chance the Spire Healthcare deal could collapse and tank the stock back to 150. $SPI #SPI $SPI.L

[absreturnchaser @absreturnchaser]

@matschmitt2009 Why would they offer more than 8.80? Wouldn’t make sense.

[absreturnchaser @absreturnchaser]

Advanced Medical Solutions $AMS $AMS.L back on the table with 285p indicative offer, spread/upside of almost 30%, due diligence pending. This time strategic and not PE.

[absreturnchaser @absreturnchaser]

Advanced Medical Solutions $AMS $AMS.L back on the table with 285p indicative offer, spread/upside of almost 30%, due diligence pending. This time strategic and not PE.

[Bloomberg @business]

H.B. Fuller has bid more than £600 million ($804 million) for Advanced Medical Solutions, a British maker of tissue-healing medical products, as it seeks to push into healthcare, people with knowledge of the matter said. https://t.co/piNpkKV81H

[absreturnchaser @absreturnchaser]

@dopamine_uptake They are involved, but large stake for many euro based firms to be disclosed.

[absreturnchaser @absreturnchaser]

Any views on Intertek $ITRK from here? DM me.