Callouts & quotes from 37,061+ activist slides

"Homes that have been marked as structurally undamaged may still be subject to meaningful claims for smoke damage or mold remediation."

"A second angle for the time-lapse camera monitoring the entrance to Fab 4A also showed that it is not staffed and is empty of people."

"Give the answer back! Those ones at the back, they earn - no, they don't earn, they're demanding a pile of money! Be precise! — Klein"

"Darden management readily admits that after sitting just 7 minutes, the breadsticks deteriorate in quality. — Per Company management."

"“We cannot see from this data whether the cells shown are all excellent. Actually, I’m pretty sure they’re not.” — Solid state expert"

"“For withdrawals of amounts over $200,000, We reserve the right to delay the processing by up to 30 days.” — Mosten-Manulife Contract"

"The Planning Permission, correctly interpreted, required “strict accordance” with Approved Plans PDL-08 and PNL-6839. — Mr Harwood KC"

"The Group did not provide us with access to certain information necessary to perform our audit — EY (quoted in May 23 Press Release)."

"Western is one of those trends that never goes away, but its popularity ebbs and flows. — Footwear and accessories analyst at Circana"

"the average cost per pound of PHA-based products sold was significantly higher than PLA based products sold — DNMR 1Q21 earnings call"

"Darden management readily admits that after sitting just 7 minutes, the breadsticks deteriorate in quality. — Per Company management."

"Hardest part of the job is where do you set the bar. Most people set it low so they can jump over. I want world-class. — Larry Lawson"

"“we were told that it is ‘important that the final report match what the patient experienced during wear time.’” — Former iRhythm CCT"

"it takes them very long these days — Manufacturing expert. they cannot come up with these really long oligos — Large pharma customer."

"“CapEx for the quarter was $22 million, mostly associated with our Factory of the Future investments.” — James M. Thorburn, Twist CFO"

"WD-40 has estimated 50% market share in China. Counterfeit product in China has an additional 25% market share. — Mike Freeman (2003)"

"Per the Company’s S-4 filing, Bristol-Myers management is expecting strong growth over the next several years. — Bristol-Myers Squibb"

""...we continued to build back our inventory levels through fiscal '24 to support strong consumer demand." — e.l.f. Beauty Management"

"Peltz or Trian involvement on boards resulted in TSR underperformance versus the S&P 500 in ~68% of cases. — VoteDisney.com, 02/28/24"

"「インテルはASML製の極端紫外線装置を年に約5台のペースで購入しているので、おそらくレーザーテックからは年に1台を買うのではないでしょうか」 — サムスンで極端紫外線事業の担当としてレーザーテックと密接な関係を持ち、検査装置の購買について決定権を握っていた、元幹部"

"Among locally produced products, sales of freeplus were in line with the plan and sales of Curél exceeded the plan. — Kao Corporation"

"Peltz or Trian involvement on boards resulted in TSR underperformance versus the S&P 500 in ~68% of cases. — VoteDisney.com, 02/28/24"

"The paper states that bioplastics in a landfill can be worse than traditional plastic as it releases methane which is worse than CO2."

"We find that Dr. Locklin and the University of Georgia Labs received financial support from Danimer — Spruce Point Capital Management"

"“Yes, [I heard this] from my colleagues who are X9ULTRA team members.” — Former Lasertec field service engineer at TSMC fab in Taiwan"

"Given that the company has provided no credible explanations for these timing inconsistencies, they remain, in our view, a red flag."

"We have seen this before – empty promises concealing harsh truths. The good news? Refreshed oversight makes transformation possible."

"From two independent third-party credit rating agencies, we see a less optimistic view about the potential and history of WCA Waste."

"Generac says that it is the only domestic manufacturer of portable generators, which means the market is heavily reliant on imports."

"Generac has been on Twitter since 2009, comparatively much longer than many of its peers, but with a relatively lower follower base."

"The SMB and online sales segments, which primarily serve customers with fewer than 500 employees, combined for <30% of total revenue"

"We are concerned that insiders – the Garcias in particular – designed this structure to benefit themselves over public shareholders."

"Danone has greater Emerging Market exposure at 52% than most of its peers and is growing at similar or better rates in these markets"

"Not only is American Tower's international investment generating a better yield but it is also receiving a better valuation multiple"

"At $600M of annual fiber discretionary capex, Crown Castle would still be spending far more capex than its peers on a relative basis"

"96% of issued US patents were acquired from third parties, while only 4% were developed internally, despite massive spending in R&D."

"It is a contract with a total of seven pages with no terms regarding liability – it seems to be an unlikely billion dollar contract."

"CCI's trades at a ~1.5x-4.0x discount to AMT and SBAC on Consensus 2014E EBITDA, and a ~0.5x-2.5x discount on Consensus 2015E EBITDA"

"Other International revenue rises by ~5x the average quarter-over-quarter increase in the quarter following the Crossmed acquisition"

"Despite almost unanimous bullishness among analysts, the average sell-side price target is currently 16% below current price levels."

"If management can’t calculate their own multiple correctly, why would they be right about the appropriate valuation for Phillips 66?"

"In comparing the gross margins of the trading company to Henan Ruili, it is even clearer that Henan Ruili's margins are problematic."

"By following industry best practices, there is potential to improve the quality of training while saving $10 - $15 million annually."

"In our considered view, optimal conditions are being created for the realization of the worst energy crisis the world has ever seen."

"What assurances will management give investors that it will disclose when and if capex related to this purchase exceeds $50 million?"

"In a 2012 talk, he admitted that having “only about 15 qubits” isn’t useful – yet IonQ’s only machine appears to be an 11-qubit toy."

"The CEO evaded and refused to answer the question, which asked for the number of customers that comprise the bookings and their mix."

"We estimate that the annual recurring cost of using the Libre is less than $1,000 to the payor, versus over $5,000 for the G-Series."

"Was this amendment a “token attempt” to evade proper scrutiny and to cover-up the truth concerning the defects of their application?"

"However, by adjusting results for the cash costs of capitalized development expenses, PowerSchool's margin improvement is just 1.6%."

"As a result, when discussing TSR and financial performance, we also make reference to Celanese, Dow, and Eastman as “Primary Peers.”"

"By following industry best practices, there is potential to improve the quality of training while saving $10 - $15 million annually."

"Xylem presented a highly adjusted free cash flow presentation which even included perplexing cash inflows related to software capex."

"Xylem presented a highly adjusted free cash flow presentation which even included perplexing cash inflows related to software capex."

"We are here today because we believe Arconic’s management isn’t succeeding at any of these tasks and yet the Board has failed to act"

"Arconic wants to turn GRP into a "value-add" producer, but in doing so, it is sacrificing utilization and producing inferior returns"

"Employer Services’ growth can increase from ~2-4% to ~7%+, while operating margins should increase from ~19% today to 35% or greater"

"We believe there are clear catalysts for an upward revaluation of MDLZ as key investor concerns that emerged last year are addressed"

"This level of product development is minimal and implies any “product development” to date is more or less just product maintenance."

"Mr. Ajdler will bring extensive public company director experience, as well as a DND shareholder’s perspective and finance expertise"