blacksheep Posted January 17, 2018 Share Posted January 17, 2018 How did short seller Viceroy dig out the info to make a killing on Steinhoff? Business Day speaks to Viceroy, the short sellers who made a killing on Steinhoff https://www.businesslive.co.za/bd/companies...g-on-steinhoff/ Steinhoff shareholder Coronation Fund Managers defends $1.5b loss but holds on When the full post mortem on troubled global retailer Steinhoff International is completed, there should be a separate chapter on how one of the most respected fund managers in South Africa got it wrong and lost $1.5 billion. Read more: http://www.afr.com/brand/chanticleer/stein...j#ixzz54PTKtvaq Link to comment Share on other sites More sharing options...
blacksheep Posted January 17, 2018 Share Posted January 17, 2018 Another large collapse, this time in the UK. Short sellers seemed to "sniff out" problems several years before Hedge funds made ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚£200 million short-selling Carillion shares Carillion had been the most shorted stock on the London stock exchange for a number of years and the combined position peaked at more than 25 per cent of the companyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s issued share capital in July, just before the company issued what became the first of three of quick-fire profit warnings. https://www.thetimes.co.uk/article/hedge-fu...hares-sh5cgblv7 Carillion was left with just ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚£29m before going bankrupt 8 hours ago http://www.bbc.com/news/business-42710795 Public companies go bust slowly Given the warning signs, why didnÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t the board go to shareholders for an injection of cash two years ago? They arenÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t the only adults in the room with explaining to do, of course. KPMG signed off on the 2016 accounts. Various banks have been lending to Carillion all the way down. https://ftalphaville.ft.com/2018/01/15/2197...go-bust-slowly/ Link to comment Share on other sites More sharing options...
blacksheep Posted January 18, 2018 Share Posted January 18, 2018 Viceroy Research unmasked.... Short Seller Who Flagged Steinhoff Irregularities Steps Forward Ex-social worker says heÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s the founder of Viceroy Research Big U.S. banks disclosed more than $1 billion of loan losses The mysterious short seller who flagged financial irregularities dogging Steinhoff International Holdings NV has stepped out of the shadows. Fraser Perring, a former British social worker who founded Viceroy Research, said in an interview Wednesday in New York that he and colleagues Gabriel Bernarde and Aiden Lau were putting finishing touches on a research report questioning SteinhoffÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s financials when the South African retail giant said Dec. 5 it would conduct a probe of its accounting. Viceroy's Australian links exposed after leaving digital trail Read more: http://www.afr.com/markets/viceroys-austra...3#ixzz54Wfnc5mn Link to comment Share on other sites More sharing options...
blacksheep Posted January 18, 2018 Share Posted January 18, 2018 Meet Fraser Perring, short-seller who exposed Steinhoff, has more SA stocks in his sights! By Anders Melin and Greg Farrell The mysterious short seller who flagged financial irregularities dogging Steinhoff International Holdings NV has stepped out of the shadows. Fraser Perring, a former British social worker who founded Viceroy Research, said in an interview Wednesday in New York that he and colleagues Gabriel Bernarde and Aiden Lau were putting finishing touches on a research report questioning SteinhoffÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s financials when the South African retail giant said Dec. 5 it would conduct a probe of its accounting. https://www.biznews.com/wealth-building/201...ring-steinhoff/ Link to comment Share on other sites More sharing options...
blacksheep Posted January 20, 2018 Share Posted January 20, 2018 OPINION / EDITOR'S NOTE ROB ROSE: Blame Jooste, not Viceroy An anonymous research house made plenty from SteinhoffÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s fall ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâہ¡ÃƒÆ’‚ but itÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s just the latest event in a perfectly legitimate history of short selling 18 JANUARY 2018 - 05:05 ROB ROSE https://www.businesslive.co.za/fm/opinion/e...te-not-viceroy/ Link to comment Share on other sites More sharing options...
blacksheep Posted January 21, 2018 Share Posted January 21, 2018 No sign of Glaucus targeting further ASX listed companies. QIN has been his only ASX listed target to date - the "agricultural" target mentioned in the Australian back in February 2017 In Australia, Mr Aandahl says the company sees particular opportunity for shorting in the resources and agricultural sectors. Short Seller Glaucus Targets Europe as Markets Turn ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“FrothyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ By Lisa Pham January 19, 2018, 4:00 PM GMT+11 Glaucus Research hired analyst to focus on Europe exclusively Region has attractive short opportunities: GlaucusÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Aandahl https://www.bloomberg.com/news/articles/201...ets-turn-frothy Link to comment Share on other sites More sharing options...
early birds Posted January 26, 2018 Share Posted January 26, 2018 https://www.bloomberg.com/news/articles/201...ampaign=markets Short Sellers Set Sights on Stocks Riding the Blockchain Bandwagon Companies that sought to piggyback on the frenzy surrounding digital currencies are starting to find themselves saddled with the kind of attention they didnÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t anticipate. ============================= become a target eh?? Link to comment Share on other sites More sharing options...
blacksheep Posted January 30, 2018 Share Posted January 30, 2018 Viceroy's latest South African target - https://viceroyresearch.org/2018/01/30/capi...heeps-clothing/ video interview on Bloomberg - https://www.bloomberg.com/news/videos/2018-...ad-health-video Viceroy's Perring Says Capitec Loan Book Is 'Looking in Very Bad Health' Bloomberg Markets January 30th, 2018, 8:50 PM EDT Viceroy Research Founder Fraser Perring discusses Capitec's regulartory loophole in South Africa and says its loan book is "looking in very bad health." He speaks with Guy Johnson and Matt Miller on "Bloomberg Markets: European Open." (Source: Bloomberg) Link to comment Share on other sites More sharing options...
blacksheep Posted February 4, 2018 Share Posted February 4, 2018 Treasury calls for international probe into Viceroy Bloomberg2 February 2018 https://businesstech.co.za/news/finance/222...e-into-viceroy/ EXCLUSIVE: Viceroy founder defends report into Capitec SOUTH AFRICASaturday 3 February 2018 - 12:03pm https://www.enca.com/money/exclusive-vicero...rt-into-capitec Capitec rejects call for a second auditor COMPANIES / 4 FEBRUARY 2018, 08:50AM / STAFF REPORTER https://www.iol.co.za/business-report/compa...uditor-13092651 Link to comment Share on other sites More sharing options...
blacksheep Posted February 12, 2018 Share Posted February 12, 2018 A couple of articles re a proposed - "anti short seller Bill" Short Sellers Do Good, So Leave Them Alone Companies and stock exchanges want to make investors disclose short positions. Big mistake. 20 February 10, 2018, 5:00 https://www.bloomberg.com/view/articles/201...eave-them-alone Nasdaq and the New York Stock Exchange (and possibly Herbalife) team up to help organised crime Charlie Gasparino suggested in a tweet and a story that Herbalife, the Nasdaq and the New York Stock Exchange have teamed up to produce an anti-short-seller Bill. The Bill forces disclosure standards on short sellers. http://brontecapital.blogspot.com.au/2018/...change-and.html Link to comment Share on other sites More sharing options...
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