Latest thoughts on GCAP/INTL and MET.NZ

There have been a fair few developments in both the GCAP/INTL and MET.NZ situations over the past couple of weeks. Let's take a look at where things stand. GCAP/INTL - both longs - see write-ups here and here A lot has been happening in this situation since I first broached it in the GCAP write-up … Continue reading Latest thoughts on GCAP/INTL and MET.NZ

Metlifecare: heads I win big, tails I don’t lose (or better)

Thesis summary: Metlifecare (MET), a New Zealand-listed retirement village operator, is a highly attractive, 'heads I win big, tails I don't lose' type of investment. EQT, the Swedish private equity powerhouse, is attempting to reneg on a recently-agreed takeover of MET at $7/share - a 68% premium to the current quote ($4.16) - by claiming the onset … Continue reading Metlifecare: heads I win big, tails I don’t lose (or better)