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Compass Diversified (CODI) Plunges 59% as Lugano Unit Probe Reveals Deep Accounting Problems - Hagens Berman
Prnewswire· 2025-05-09 12:25
Firm Investigating Possible Violations of U.S. Securities LawsSAN FRANCISCO, May 9, 2025 /PRNewswire/ -- Compass Diversified (NYSE: CODI), a Westport, Connecticut-based investment firm, saw its stock plunge 59% on Thursday, May 8, after announcing that its 2024 financial statements could no longer be relied upon due to irregularities uncovered at its Lugano Holding subsidiary. Hagens Berman is investigating potential violations of the U.S. securities laws and urges investors who purchased Compass shares and ...
Compass Diversified (CODI) Plunges 59% as Lugano Unit Probe Reveals Deep Accounting Problems – Hagens Berman
GlobeNewswire News Room· 2025-05-08 21:59
SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI), a Westport, Connecticut-based investment firm, saw its stock plunge 59% on Thursday, May 8, after announcing that its 2024 financial statements could no longer be relied upon due to irregularities uncovered at its Lugano Holding subsidiary.   Hagens Berman is investigating potential violations of the U.S. securities laws and urges investors who purchased Compass shares and suffered substantial losses to submit your losses now. ...
Berman Tabacco Announces Investigation of Compass Diversified Holdings (CODI) Concerning Accounting Practices
GlobeNewswire News Room· 2025-05-08 00:27
BOSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Berman Tabacco announces that it is investigating potential securities law violations by Compass Diversified Holdings (“Compass” or the “Company”) (NASDAQ:CODI). About the Investigation On May 7, 2025, after the markets closed, Compass filed a Form 8-K which stated that the Audit Committee of Board of Directors “commenced an internal investigation into the financing, accounting, and inventory practices of Lugano Holding, Inc. (‘Lugano’), a subsidiary and operating s ...
AerSale(ASLE) - 2025 Q1 - Earnings Call Transcript
2025-05-07 21:32
AerSale (ASLE) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Jackie Carlon - Vice President Marketing & CommunicationsNicolas Finazzo - Chairman & Chief Executive OfficerMartin Garmendia - Chief Financial OfficerKen Herbert - Managing Director Operator Day, and welcome to the AirSale Corporation First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note t ...
农学专家分赴我省多地助力农作物抗旱
Xin Hua Ri Bao· 2025-05-02 23:20
当前正值桃树果实快速生长期,土壤干旱影响桃子的生长。在扬中市新坝镇,桃农张师傅面对着自 家10余亩的果园正犯愁:"桃园土壤水分严重不足,但又怕水浇多了,不利于桃树坐果。" 得知张师傅的难题后,扬州大学园艺园林学院果树团队负责人谢兆森教授带领团队前往桃园"把脉 问诊","大水漫灌会损伤桃树毛细根,我们建议改用滴灌带精准补水,这样既能节约用水量,又能确保 水分直达根系。"在查看了桃树的生长情况后,谢兆森提醒张师傅,天旱树弱,蚜虫更易肆虐,可以在 果园悬挂黄色黏虫板诱杀,同时采用生物农药开展果树病虫害防治。 进入5月,气温节节攀升。气象数据显示,刚过去的4月,全国平均气温12.95℃,为1961年有完整 观测记录以来"第三暖"的4月,我省平均气温则为同期最高;今年2到4月,我省降水量较常年偏少 40%。春耕时节遭遇接连的天晴少雨天气,"抗旱"成为关键词。 "朱教授,您看这麦子,叶子都开始打卷了!"4月底,在盐城市大丰区草庙镇的麦田里,桂丰家庭 农场负责人李生桂指着略显干黄的麦苗,焦急地向农业农村部小麦专家指导组成员、扬州大学农学院的 朱新开教授求助。 朱新开俯身拨开麦丛,手指探入土层。"土壤湿度比想象中乐观。"他捻 ...
UAB “Atsinaujinančios energetikos investicijos” publishes adjusted NAV for 31 December 2024 and 31 March 2025
Globenewswire· 2025-04-30 11:29
UAB “Atsinaujinančios energetikos investicijos” publishes the adjusted NAV for 31 December 2024 and 31 March 2025 We hereby inform that, following the issuance of the Company’s audited annual financial statements for the financial year 2024 and the completion of the audit procedures, the Management Company has decided to retrospectively adjust the Company’s net asset value (NAV) and share price as at 31 December 2024, previously announced on 15 January 2025. This decision was made following the identified d ...
Phillips Edison & Company(PECO) - 2025 Q1 - Earnings Call Transcript
2025-04-25 19:02
Financial Data and Key Metrics Changes - Same-center NOI increased by 3.9% in Q1 2025 [7][35] - Nareit FFO rose to $89 million or $0.64 per diluted share, reflecting year-over-year share growth of 8.5% [33] - Core FFO increased to $90.8 million or $0.65 per diluted share, showing year-over-year per share growth of 8.3% [33] Business Line Data and Key Metrics Changes - Comparable renewal rent spreads were 20.8%, with in-line renewal rent spreads reaching a record high of 21.7% [19] - Comparable new leasing rent spreads for Q1 were 28.1%, with in-line new rent spreads at 27.5% [19] - Portfolio occupancy ended the quarter at 97.1% leased, with anchor occupancy at 98.4% [21] Market Data and Key Metrics Changes - 71% of the company's ABR comes from necessity-based goods and services, providing insulation from potential tariff disruptions [10] - The average population in PECO's 3-mile trade area is 68,000, with a median household income of $92,000, which is 12% higher than the U.S. median [24] Company Strategy and Development Direction - The company aims for gross acquisitions in the range of $350 million to $450 million for the year, targeting an unlevered IRR of 9% [13][14] - PECO's strategy focuses on grocery-anchored and necessity-based formats, which have historically outperformed during economic uncertainty [14][15] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the current environment, citing strong cash flows and retailer demand [15][39] - The company does not anticipate a recession but is prepared for potential economic challenges [132][146] Other Important Information - The company has approximately $760 million of liquidity to support its acquisition plans and no meaningful debt maturity until 2027 [35] - 86% of PECO's total debt is fixed rate, aligning with the company's target of 90% [37] Q&A Session Summary Question: Can you provide insights on leasing seasonality and expectations for May ICSC? - Management noted that while there is typical first-quarter seasonality, leasing activity remains strong with more leases out for signature than last year [50][52] Question: What factors could lead to higher or lower FFO guidance? - Management indicated that improvements in capital markets could push FFO to the higher end of the range, while uncertainty may lead to a conservative outlook [58] Question: How is the company managing variable rate exposure? - The company is comfortable with its current variable rate exposure and plans to maintain a fixed balance sheet [66] Question: Are there any changes in tenant demand or bankruptcy-related activity? - Management reported no significant changes in tenant demand and noted strong interest from retailers despite some bankruptcy activity in the market [110][128] Question: What is the company's approach to acquisitions in the current market? - The company remains focused on acquiring high-quality assets with a target unlevered IRR of over 9%, despite tighter initial investment spreads [99][100]
募资都是光鲜亮丽的吗?
叫小宋 别叫总· 2025-04-22 03:49
我 2018 年刚入行的时候,在一家家办性质的机构,不需要对外募资,也能自己做 lp 。 当时我接触过很多其他机构的募资岗位的人,清一色年轻靓丽,高颜值高气质的小姐姐。 那时的我还是单身,顶着一脸的青春痘。面对这样的小姐姐,我心想:募资好光鲜啊。 直到我后面去了其他机构,自己也参与过一些募资 .... (一)募资就是各种排列组合 一家机构, 2020 年开始投新能源,还没投几个, 22 年又要募集半导体主题的基金, 于是从已投项目里疯狂找,找已投的新能源项目,有哪些和半导体有一定的关联。 比如材料类,有些新能源材料也可以用于半导体材料,快,快把这类项目写进募资文件里。 募资团队每年都拿着放大镜,寻找全国各地的母基金,引导基金。不管是否合适,先去勾搭再说。 投资团队随时根据募资团队的需要,根据近期要投标哪个母基金,迅速对已投项目做排列组合。 机构已经投了十个项目,扒拉扒拉,可以算作新能源的有六个,可以算作半导体的有五个,和 AI 贴点边的也能有四个。 除了已投项目,储备项目也要顶上。机构想要募 AI 主题的基金,但是已投项目都和 AI 没什么关系,那就赶紧找新的 AI 项目。 哪怕刚接到个 bp 也没关系,也要 ...
澳银资本熊钢:基金账面IRR没有现金DPI支撑,就像有价无市的豪宅
投中网· 2025-04-18 04:44
来源丨 投中网 过去两年中,耐心资本成为了热词。在复杂多变的国内外经济环境中,培育壮大耐心资本被视为推进中国科技创新、全面提升经济增长质量的关键举 措。 当技术迭代周期从 " 十年一代 " 压缩为 " 三年一变 " ,当新兴赛道的生命周期不断缩短,资本如何在坚守长期主义的同时实现认知迭代与决策进化? 如何在不确定性中构建动态耐心,在范式转移中完成自我重塑? 将投中网设为"星标⭐",第一时间收获最新推送 长期和复利资本是耐心投资的基石。 整理丨 王满华 4 月 16-18 日,在由投中信息、投中网共同主办的"第 19 届中国投资年会 · 年度峰会"上,澳银资本创始合伙人、董事长熊钢发表了题为"自我改 变,才能做到真正的耐心资本"的演讲。 熊钢认为,投资机构现在要做的事情就是要从受托管理型 GP 到风险投资型 GP 做转变。在他看来,不管是追求规模还是追求收益,如果基金的账面 IRR 缺乏现金流和 DPI 退出做支撑,就如同有价无市的房产,没人会买单。 同时他提到,长期和复利资本是耐心投资的基石,在选择合作伙伴时,澳银资本更倾向于与创新高地且具有合理收益杠杆的国有资本合作。不过他也提 醒机构,国有资本真正的核心原 ...
Critical Metals Corp.'s Tanbreez Valued at $3 Billion With IRR of 180% and Significant Additional Upside Potential
GlobeNewswire News Room· 2025-03-31 12:30
The results of the PEA demonstrate that the Tanbreez Project is expected to have a Net Present Value (NPV) of approximately US$3 Billion (approximately US$2.8 Billion to 3.6 Billion at discount rates of 15% and 12.5%, respectively, before tax), with an Internal Rate of Return (IRR) of approximately 180%. The NPV was calculated based off an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials (indicated and inferred resources), which is approximately 1% of the 4.7 bill ...