◆ Contrarian Corpus
Campaigns / Wolfpack Research → SMART Global Holdings, Inc.
Wolfpack Research vs. SMART Global Holdings, Inc.

SMART Global Holdings, Inc. · SGH

1 deck published between 2019-09-25 and 2019-09-25 — 35 pages, 33 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2019-09-25 initial thesis

    b084d8_cee97bf544364ceea23532367fb04734

    35pp · research_note

    SMART Global Holdings' 62%-of-revenue Brazil business depended on a PPB tax subsidy the WTO struck down; without it margins collapse, and self-dealing M&A signals management already knows.