Callouts & quotes from 37,061+ activist slides

"Using its aggressive revenue estimates, XL provides a misleading comparison to EV companies."

"Concerns about content could be a contributing factor in Momo's transition towards agencies."

"How much product purchased by Herbalife distributors is actually resold to Retail Customers?"

"There is no justification for CHD’s stock trading 8% above its average analyst price target."

"CP is trading at a meaningful discount to its intrinsic value and long-term growth potential"

"Arguably Disingenuous Coming From a Company Aggressively Lobbying Against Tax Simplification"

"We believe such actions result in reduced transparency and may foreshadow future challenges."

"Investors cannot trust Vivendi’s alignment of interest with other TIM minority shareholders."

"Management’s statements regarding the Nkran Village Relocation Plan (RAP) are contradictory."

"独立系の業界団体あるいは半導体コンソーシアムによる実用のケーススタディーはないようです。したがって、あえて買い替えるコストに匹敵するほどの付加価値があるかどうかを判断しようがありません"

"レーザーテックはKLAと直接競合するとなると、苦労するでしょう。極端紫外線はレーザーテックには無理でしょう。レーザーテックは製品の問題を解決しなければ、5年以内に消えてしまうでしょう。"

"CareDx, reliant on a single ineffective test, will soon confront its own terminal diagnosis."

"This exchange shows that if you work for CPI PG, you have to have a little Vitek in you too."

"Debt-Fueled Acquisition Roll-Up Is Hitting A Wall And No Longer Producing An Attractive ROIC"

"Shujia’s 2015 financials show revenue was too small to be consolidating the GZ 1-1 business."

"Could GZ 1-1’s December 2016 revenue have been Rmb 33 million? That seems highly improbable."

"Spruce Point estimates that Magnite's true organic revenue growth in 2020E is a meager 1.7%."

"We believe this was done just before year end 2023 to inflate Q4 and full year 2023 numbers."

"Looking at the 10-year history, it’s arguable that there is no secular earnings growth here."

"These are clearly the same store. However, both stores appear separately on BEKE’s platform."

"Four Co-CEOs/leaders – one for each business segment, but no clear CEO for the whole company"

"With Met Coal, there is no substitute. If we want steel, we have to burn metallurgical coal."

"The notion that patients cannot exhaust their coverage mid-treatment is simply not accurate."

"What we get from them is "How can we make this as expensive as possible," to be quite frank."

"Mid-year compensation adjustments are extremely rare and reflect poor compensation practices"

"Huishan has a high chance of defaulting in the next year due to its massive short-term debt."

"With costs 60% higher than forecasted, this appears to be more than just a casual oversight."

"At 12.0x 2015 FCF / share, Dillard's shares would be worth roughly $155 / share (72% upside)"

"We believe the implementation of the Settlement Agreement will cause the pyramid to collapse"

"Southwest has the fundamental attributes necessary to restore its industry-leading position."

"Unfortunately, we don’t believe Southwest is eager to meaningfully engage in such changes..."

"Under Solvency II, the impact would be an additional capital charge of over 1 billion euros."

"Unfortunately, Pfizer was unable to be successful with IBRANCE in early stage breast cancer."

"Eurofins Has Had a Loose Internal Financial Reporting System Primarily Based on Spreadsheets"

"Thus, it remains unclear whether SCS provides meaningful long-term benefits to all patients."

"Oasis believes the low board size limits the coverage of skills, diversity and independence."

"Oasis believes the low board size limits the coverage of skills, diversity and independence."

"Respondents believe the board lacks both accountability oversight and operational expertise."

"Bayer estimates that the potential revenue value of these pipeline drugs is 5 billion Euros."

"Herbalife's corporate history is replete with lawsuits alleging that it is a pyramid scheme."

"This contrasts with Disney’s vaguely-defined “double digit” margin target with no timetable."

"「レーザーテックはKLAと直接競合となると、苦労するでしょう。極端紫外線はレーザーテックには無理でしょう。レーザーテックは製品の問題を解決しなければ、5年以内に消えてしまうでしょう」。"

"I just found it very disturbing that they come in with these threats...holding them hostage."

"Our research indicates that TransMedics is in the middle of an accelerating customer exodus."

"The bottom line is the cost of NSC's new COO appears higher than the headline would suggest."

"HLT's share price including dividends was flat in 2020 and increased 2% year-to-date in 2021"

"MGM's fair value is by our estimate in excess of $35 per share, or 35% above current levels."

"In 2018, Pershing Square collaborated with our portfolio companies to create long-term value"

"If labor costs were 10% higher in FY 2018, EBITDA margins would have been slashed by 80 bps."

"That means that the public effectively owns 42.8% of the company, versus the reported 24.3%."

"Could this be evidence that L3Harris stuffed product sales ahead of the transaction closing?"

"Other families state they have already discontinued Vykat due to spiking blood sugar levels."

"Yep, I agree 100%...that's what I would do probably...I would consider it for off-label use."

"2009 paper by Evotec researchers indicates they tested pitolisant and that it was a disaster"

"Event was assessed as not related to pitolisant – case report doesn't provide the rationale."

"Again, the AI model is unnecessary, overly complicated, and risky for a legitimate business."

"I sold all mine at $59 and I'm not buying more why? Until they get a complete regime change."

"We believe the implementation of the Settlement Agreement will cause the pyramid to collapse"

"Unfortunately, we don’t believe Southwest is eager to meaningfully engage in such changes..."

"The proportion of low margin component sales has remained unchanged for the last seven years"