Callouts & quotes from 37,061+ activist slides

"Both have the same contact mobile phone number. Left: Jinan Ruili. Right: Jinan Anchuang."

"This Yundong company is really controlling their 零售, 在中国的零售 [retail, the retail in China]"

"This Yundong company is really controlling their 零售, 在中国的零售(retail, the retail in China)."

"後述するスタンドアローン・プランは、2028年までに1株あたり40,000円を上回るNAVの実現に向けた明確な道筋を示すものであり、これは本改定後TOB価格の2倍超に相当します。"

"Since SolarCity was acquired by Tesla, growth has declined and market share has plummeted"

"GTT is reliant on acquisitions for growth, masking the company's negative organic growth."

"It is clear to us that GTT's sales reps are fighting an uphill battle for organic growth."

"Spruce Point does not believe that WSP's DSOs accurately reflect its financial condition."

"Best-in-class assets but run for TMC's benefit – and not for TICO's minority shareholders"

"We Believe Zebra Is Struggling To Innovate And Venture Bets Don't Appear To Be Paying Off"

"McOpCo's subsidized economics reduce the impact of lower margin product pricing decisions"

"The analysis demonstrates how McOpCo is paying neither a market rent nor a franchise fee."

"Assuming a $1.3bn of IPO distribution, there would be no tax cost associated with the IPO"

"Additional (hidden) agenda: Vivendi has been trying to use TIM to make profits for itself"

"What more does the Board need to see to realize that the current strategy is not working?"

"Mall REIT tenant stock prices have outperformed the S&P 500 by more than 30% year-to-date"

"We believe P&G should be organized as three standalone GBUs under a lean holding company."

"We believe P&G should organize into a lean holding company with 3 largely autonomous GBUs"

"MLP's precedent land sales provide additional data points for valuing ALEX's excess land."

"We were able to show that the sites are located and hosted in China, and are owned by NQ."

"We have a structural solution that will force investors to value the business differently"

"FNMA and FMCC share prices increased 138% (2.38x) and 131% (2.31x), respectively, in 2016"

"Wall Street consensus estimates for Celgene's products have generally been too optimistic"

"Arena Pharmaceuticals may be coming to market with a product that is superior to ozanimod"

"We believe Bristol-Myers has opportunities to streamline its Finance and HR organizations"

"Efficiency and optimization are essential to maintain targeted overall process cycle time"

"BHP – a first-class portfolio, which is failing to deliver optimal value for shareholders"

"The analysis demonstrates how McOpCo is paying neither a market rent nor a franchise fee."

"The large degree of MBS funding differentiates the U.S. from other large mortgage markets"

"Evidence Suggests The New Israeli HQ Could Be Used To Further Inflate Cost Capitalization"

"After years of aversion to change, the Company's strategy and operations are now outdated"

"Brook Mine's concentration of critical battery metals is 12% LOWER than the Earth's Crust"

"Investment Servicing division is a clear leader in a fast growing and attractive industry"

"This tactic illustrates serious capital allocation and governance deficiencies at Agrium."

"Huntsman's long-term shareholders have suffered significant share price underperformance."

"Huntsman's long-term shareholders have suffered significant share price underperformance."

"Newly added directors added over the last four years ALL lack relevant industry expertise"

"We believe the Board ignored obvious interconnects among its most long-tenured directors."

"Turner Networks is expected to contribute the largest share of revenue and OIBDA in 2005."

"HSD penetration at TWC is expected to grow from 48% in 2006 to approximately 64% in 2009."

"The following factors were considered in assessing the optimal capital structure for AOL:"

"This analysis yielded an implied enterprise value range for AOL of $17.5 - $21.0 billion."

"Over 52% exposure to verticals that an industry peer said had advertiser spending decline"

"Dr. Ignarro is cited more than 100 times in Herbalife's SEC filings since the IPO in 2004"

"Rule 5-C: Must ensure the interior of the Club is not visible, by use of window coverings"

"Your vote is always confidential and anonymous, regardless of where your shares are held."

"Current investors are paying a substantial premium to the Company’s historical valuation."

"And there is no price worth paying for a shitty company regardless of how cheap it looks."

"We believe there are virtually no synergies between Architectural and Industrial coatings"

"We Believe Mailchimp is an Inherently Weaker Business Than QuickBooks and Lacks Synergies"

"The FTC believes Intuit has "engaged in or [is] engaging in deceptive or unfair conduct"."

"We believe Starbucks’ recent challenges are fixable with appropriate management execution"

"Spruce Point warns about DraftKings / Genius Sports And Expectations Being Too Aggressive"

"The large degree of MBS funding differentiates the U.S. from other large mortgage markets"

"We believe a restructuring of Fannie and Freddie should occur in three consecutive phases"

"「よく見ることです。粗利益率を守りたいために、貸借対照表で在庫に対して引当金を設けなくて、減損処理を行わないこと。残念ながらこの分野ではよく見ることです。能動的な利益操作です」。"

"In other words, in the population of protocol biopsies at CU, AlloSure had a 0% hit rate."

"Red Lobster's negative SSS would adversely weigh on management's new compensation program"

"Management is either confused regarding Darden's covenants or is misleading shareholders."

"We believe that times of stress are where you see what a Company and its CEO are made of."