Mark to market: catching up on GAN, WTE, AER, Gold, Tankers, BFAM, and more

(Advance note: thanks again to all new and returning premium subscribers. I highly recommend all subscribers follow me on Twitter @puppyeh1 as I do endeavor to live-tweet key changes in my views/trading positions in any name I have written up.) This will be a bit of a ‘grab bag’ post, intended to catch up new … Continue reading Mark to market: catching up on GAN, WTE, AER, Gold, Tankers, BFAM, and more

Tupperware Brands: the bonds have (potentially a lot) further to fall

I posted a tweet thread a week or so ago on Tupperware Brands (TUP) - you can see the thread here, but the thesis was essentially that the short-dated Jun'21 TUP bonds ($600mm outstanding), then at 99.5c, didn't anywhere discount the possibility of a needed restructuring of the company, given the leverage picture; the deterioration … Continue reading Tupperware Brands: the bonds have (potentially a lot) further to fall