Callouts & quotes from 26,677+ activist slides

"Perhaps because of the pending proxy contest, Arconic has not yet taken a substantial impairment"

"If there is no fit among activities, there is no distinctive strategy and little sustainability."

"We believe these fake user profile swaps are essentially Bigo’s “FU” witness protection program."

"After peaking in May 2009, the U.S. personal savings rate has reverted to near its 10-yr average"

"Consolidating the Automation Systems businesses would enable TICO to generate margin improvement"

"Standalone Plan is an opportunity to begin significantly improving communication with the market"

"McOpCo, as a wholly owned subsidiary, is not achieving its full business and financial potential"

"R&D job posting descriptions list responsibilities that are manufacturing and production-focused"

"我々の調査によると、日本の上場企業データセクション株式会社(TYO: 3905)は、ブラックリスト入りしている中国企業テンセントに対して違法にNVIDIA製GPUを提供している可能性があります"

"We believe GE can return more than 40% of its current ~$260bn market cap to shareholders by 2018"

"We believe running a parallel process to explore strategic alternatives is an absolute necessity"

"We have not been able to determine the specific year we began serving as auditor of the Company."

"But, notice again that most of the internal ratings are higher than the external credit ratings."

"We believe OPDIVO remains a highly valuable franchise in a segment with strong secular tailwinds"

"We believe that there is an opportunity to significantly improve profitability at Bristol-Myers."

"Spruce Point Capital Is An Industry Recognized Research Activist Investment Firm Founded In 2009"

"ELF's Claimed Q2 FY24 Sourcing Change is Likely False, Rendering Inventory Accounting Unreliable"

"Elliott has put forth illegal corporate governance demands, masked by misleading communications."

"We’re supportive of the new draft MBO guidelines which increase minority shareholder protection."

"Southwest has substantially underperformed peers and the S&P 500 over all relevant time periods."

"These issues are largely self-imposed and can be addressed quickly and decisively by management."

"Wall Street analysts also seemed enthused by GCP’s business fundamentals and industry tailwinds."

"We believe there are immediate steps the Company can take to restructure sales force incentives."

"We think this former direct report relationship presents another potential conflict of interest."

"In 2019, GCP was touting products that were certified nearly EIGHT years ago as new innovations!"

"We believe GCP needs to invest in its pioneering business and differentiate it from competitors."

"Since the Supreme Court ruling in 2004, Till has been applied in numerous bankruptcy proceedings"

"If Phillips 66 is able to execute the “Marathon Path”(1) the stock price could increase to $350+"

"After Phillips' most recent earnings results, we believe shareholder sentiment has only worsened"

"If Phillips 66 is able to execute the “Marathon Path”(1) the stock price could increase to $350+"

"Huntsman made new promises at three consecutive investor days, and each time, failed to deliver."

"Despite new directors added from 2019 to 2021, the Board’s troubling behavior remains unchanged."

"Huntsman’s Advanced Materials business has one of the lowest Adjusted EBITDA margins among peers"

"We believe pricing, product development, and portfolio management can be significantly improved."

"Three of the Turner Networks rank in the top 10 networks in the US based on subscribers reached."

"NO MATERIAL TIES TO OTHER DIVISIONS AND A NEED TO USE ITS CASHFLOW TO REINVEST TO RESTORE GROWTH"

"In the last 2 years, the vehicles that use this platform have increased sales at a CAGR of 207%."

"Current market data providers and analyst models fail to adjust TASK's balance sheet for leases."

"This suggests that while WFG has been able to recruit more agents, they may be of lower quality."

"APD's share price increased by 57% including dividends since inception of our initial investment"

"Factoring in the excess cash, we estimate a price target of $27.50 – $40.00 (40% - 60% downside)"

"Here’s more evidence of control: Armand products is clearly run out of Church & Dwight’s office."

"If Phillips 66 is able to execute the "Marathon Path"(1) the stock price could increase to $350+"

"After Phillips’ most recent earnings results, we believe shareholder sentiment has only worsened"

"If Phillips 66 is able to execute the “Marathon Path”(1) the stock price could increase to $350+"

""Growth" Areas Such As The ESG & Climate And Private Assets Segments Are Now Also Under Pressure"

"To that end, on April 27, 2012 Lazard issued a new strategic plan with the following components:"

"Hilton is trading at an inexpensive multiple in light of its long-term earnings growth prospects"

"UEC appears to be just a speculator of commodity uranium with little to no value-added function."

"Spruce Point finds more evidence that the Microsoft / Bing partnership is falling behind target."

"Forward Air Has Woefully Underperformed All Relevant Benchmark Indexes Over All Relevant Periods"

"「極端紫外線リソグラフィを量産に適用するためには、克服しなければならない技術的な課題とインフラ不足が多数ある。インフラ不足は安定性・信頼性の高い、高出力の極端紫外線光源の開発に関わるものだ。」"

"TSMCはレーザーテックの装置は高額なのに生産性が低い、と不満を抱いている。同社の元幹部はレーザーテック製の装置は失敗作で、生産性が低いためにファブの生産ラインに使えないと、繰り返し力説する。"

"仮に、TSMCが1日当りの550枚のマスクを検査するというニーズを満たすために、110台のレーザーテック製の装置@5000万ドルを設置とすれば、55億ドルという不条理な金額を支払うことになる。"

"Fab 4Aの前にタイムラプス方式のカメラを設置し、数週間にわたり、複数の角度から24時間監視を行った。結果、装置の入出荷がたまにあるものの、本格的な事業活動は行われていないことを確認できた。"

"We believe Fluor has materially reduced its risk profile and positioned the business for success"

"We believe that IQ and DDMC conspired to over-report the price IQ paid for "If Time Flows Back.""

"We believe separating the Digital Real Estate Assets will unlock substantial value at News Corp."

"Former employees sized individual use cases as miniscule markets, such as cell line development."

"With Berkeley Lights, there's no such an ecosystem. Almost always, you work on something custom."