Callouts & quotes from 26,677+ activist slides

"And in case you’re curious as to where that 30% target comes from."

"Wall Street research analysts' expectations have decreased by 66%!"

"The Company has missed consensus expectations 8 out of 22 quarters"

"ビオレは主に日本に軸足を置いており、日本を除くアジアでの売上実績は乏しく、欧州・中東・アフリカや米州での取り扱いはさらに限定的です。"

"パッケージをより認識しやすく、ユーザーが愛着を抱きやすく、そして最も重要なポイントとして、共有しやすいものにアップデートすべきです。"

"Targets for each of these metrics is presented the following slide"

"In our view, you can run, but you cannot hide from accountability!"

"All told, we think Bayer deserves a premium multiple to the group."

"We are short BUR. For years, it was the ultimate “trust me” stock."

"We therefore are highly confident that a Type 0 user is a student."

"It appears to be a failing product line quietly being disregarded."

"Apollo doctor held for Bangladesh-India kidney transplant ‘racket’"

"There’s no way to assess a heart on the device; NRP is only method"

"All directors are independent of Manager other than Nicholas Botta"

"Each individual Patch requires substantial fixed costs to operate."

"We believe the Patch business model is flawed and will not succeed"

"AOL's short term pay is significantly misaligned with performance."

"All directors are independent of Manager other than Nicholas Botta"

"Management clearly stated that they did not pull forward any sales"

"If your conventionally-measured capacity is 50% over the Statutory"

"By our estimate, working capital to sales has worsened materially."

"This is the company's own website, it is not part of our business."

"Bill will delegate all day-to-day organizational management duties"

"For him to say “Made in America” is a hypocritical, audacious lie."

"Specialty pharmacies bring the manufacturer closer to the patient:"

"Me pareció que ellos básicamente estaban sólo detrás de tu dinero."

"The answers to these two questions are why we are short the stock."

"This calculates GP's fair value to be $37M/$24M = $1.54 per share."

"56 non-Accor hotels contacted · 2 responded · 1 agreed · 1 refused"

"Those who know the Pheno system the best do not seem to be buying."

"TSMC is...delaying purchasing until they fix their offload problem"

"Result: Placed Approximately 142 Corporate Directors on 45 Boards"

"We also see a substantial opportunity to reduce capital intensity"

"Starboard believes AAP could be worth in excess of $350 per share"

"Franchised business model is a capital-light, high-growth annuity"

"The Company invested nearly $70 Billion in M&A since the pandemic"

"Franchised business model is a capital-light, high-growth annuity"

"No matter how many branches you open, it's charged as one school."

"In total we believe GFL's enterprise value is off by $1.2 billion"

"We find many indicators that WTRG's cash flow is being pressured."

"Operating cash flow is peaking as the slope of the curve flattens"

"Box's annual incentive plan is paid in equity and not self-funded"

"We believe Box can significantly improve sales force productivity"

"Wi-Fi represents the single biggest threat to the tower industry."

"We look forward to engaging management in a constructive dialogue"

"Very simply put: Peloton needs to spend more time on the Peloton!"

"TIM lost more than 50% of its value under Vivendi's Board and CEO"

"We view the reduction in REIT ownership as a highly negative sign"

"It concludes for HAMR that "the process is not energy-efficient"."

"Fortrea’s adjusted EBITDA margins are well below the peer median."

"Target falls short vs. refining peers that are offering ~100% FCF"

"Sintering is “biggest reason” why it’s hard to increase cell size"

"Substantial Share Price Appreciation at a Wide Range of Multiples"

"And A Substantial Part of Dauman’s Compensation is Cash Not Stock"

"WaterColor is not impactful to the valuation or P&L going forward"

"Bottom line: Mr. Shaw and his strategy are only on track to fail."

"Digital transformation should lead to a higher multiple over time"

"Notice only a handful of PWSC's ~20 products are driving revenue."

"Is “Advanced Awareness” and matching really targeted advertising?"

"A business that burns cash and doesn't grow isn't worth anything."