Callouts & quotes from 26,677+ activist slides

"As a result, JANA has double-counted"

"70% DECLINE IN PERCENTAGE OWNERSHIP!"

"The actual dish was barely edible..."

"JOE's Northwest Florida Beaches Land"

"Why haven't these been written down?"

"24-25 looks to be "the bloodletting""

"The actual dish was barely edible..."

"128% WORSE THAN THE PEER AVERAGE CEO"

"~365x the shares of ARNC's directors"

"本改定後TOBは中核事業を公正価値に対して約85%のディスカウントで評価"

"+63% upside to current NAV per Share"

"“Platform” Introductions Have Slowed"

"本改定後TOBはコア事業を本源的価値に対して約85%ディスカウントで評価"

"自動化システム事業の統合により、豊田自動織機は利益率を改善することが可能"

"Economy X GDP is well above its peak"

"HKD call options are extremely cheap"

"Restoration of Best-in-Class Margins"

"Intellectually dishonest methodology"

"Path to 75%+ increase in share price"

"Where It Shows Up In Herbalife's P&L"

"Worrisome Increase Every Single Year"

"Path to 75%+ increase in share price"

"Intellectually dishonest methodology"

"Four Consecutive Quarters In Decline"

"We are alarmed by this fact pattern."

"レーザーテックはそれらの装置を損失として計上しなければいけないでしょう。"

"極端紫外線マスクは深紫外線マスクと違って光を透過させるのでなく、反射する"

"したがって、ファブでの潜在的な活路はインテルのみ。そこにしか望みがない。"

"物的な製品の売上の約97%を「半導体関連装置」という項目にまとめている。"

"レーザーテック製の装置においては、それが最大の粒子の発生源となっています"

"TSMCではACTISのA150もA300も生産用の対象外としています。"

"極端紫外線用の光源は「極めて不安定な状態」であり、ときどき「消灯する」。"

"製造現場は完成品が床を埋め尽くすような状態で、在庫でいっぱいになっている"

"顧客はKLAがレーザーテックの競合品を発売することを「強く望んでいる」。"

"Aurora's TAM estimate is delusional."

"128% under-performance vs. Rio Tinto"

"It was never a secular growth story."

"athena missed that 30% goal in 2014."

"Look familiar? They are 8 years old."

"オアシスは、キュレルとフリープラスこそ花王の「眠れる巨人」だと考えます。"

"If On Trend, USCR Would Be Worthless"

"TSMCではACTISのA150もA300も生産用の対象外としています。"

"「どの仕入れ先でもできるごまかし」を使って棚卸資産を誇大に評価している。"

"Sandridge Has Underperformed by ~50%"

"38% of study patients were in Russia"

"Casi parecía como si fuera un culto."

"Room 1: Marina Ivanova, 14 years old"

"第三に、DG はカカクコム株を売却し、その資金を株主に還元すべきです。"

"They've got a reputation to repair."

"POWERING DOWN AND GENERATING LOSSES"

"Peloton became part of pop culture."

"A Flea and Tick Infested Investment"

"But where are the paying customers?"

"Only 51% support on Hess Say on Pay"

"Hess's consistently poor returns..."

"Boot This Stock From Your Portfolio"

"PCC/Novelis has 2.9x FCF of Arconic"

"Tenants Are Much Better Capitalized"

"Kao’s brands have poor distribution"

"Not separately disclosed after 2001"