Contrarian Corpus
Elliott Management vs. Bank of East Asia, Limited

Bank of East Asia, Limited · 0023.HK

1 deck published between 2016-02-04 and 2016-02-04 — 23 pages, 23 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. 2016-02-04 initial thesis

    2016 02 Elliott Bank of East Asia Presentation Feb 2016

    23pp · full_deck

    BEA's 2.7% TAR since 1997 reflects chronic mismanagement; with CaixaBank's lock-in lifted, the board should auction the bank at ~2.0x book (~HK$60/share, 185% upside).