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Why Did Agape ATP Corp (ATPC) Stock Surge 44% After Hours? - Agape ATP (NASDAQ:ATPC)
Benzinga· 2025-12-17 06:53
Agape ATP Corporation (NASDAQ:ATPC) shares surged 43.89% to $0.13 in after-hours trading on Tuesday.Check out the current price of ATPC stock here.According to Benzinga Pro data, the stock of the Malaysia-based investment holding company closed at $0.090, down 25.86%.Company Statement On VolatilityAgape ATP issued a statement about recent volatility in its common stock, saying management is not aware of any material, undisclosed corporate developments or adverse operating conditions that would explain the r ...
Lavide submits prospectus
Globenewswire· 2025-12-04 16:31
Heemstede, Thursday December 4, 2025, 17:30 Following up our latest quarterly update to investors as of November 3, 2025, Lavide Holding NV (“Lavide”) hereby confirms submission of its prospectus document on December 2, 2025, for approval for the proposed public share placement in 2026. The submission of the prospectus is an important step in Lavide's transformation into Triple Finance Group N.V. (“Triple Finance Group”). At the recent shareholders' meeting on 15 September 2025, the shareholders have adopte ...
Stack Capital Group Inc. Announces Normal Course Issuer Bid
Globenewswire· 2025-12-01 12:45
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. (“Stack Capital” or the “Company”) (TSX:STCK; TSX:STCK.WT.A; TSX:STCK.WT.B) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Stack Capital of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding common shares. Stack Capital management believes its share price is undervalued compared to its recently announced Book Value per Share of $14.26. The notice provides ...
SoftBank Sold Its Entire Nvidia Stake. Is This a Warning Sign for Investors?
The Motley Fool· 2025-11-26 14:10
Core Insights - SoftBank's recent divestment from Nvidia, selling its entire stake for approximately $5.8 billion, raises questions among investors about potential warning signs [2][3][10] - The decision to sell is primarily driven by SoftBank's strategic shift towards investing in OpenAI, committing around $30 billion to support AI model development and infrastructure projects [4][6] - SoftBank's exit from Nvidia allows it to reallocate funds towards younger ventures and capitalize on Nvidia's significant stock appreciation over the past five years, where it has increased by over 1,280% [7][10] Investment Strategy - Investors are advised to consider their own goals and risk tolerance rather than directly following SoftBank's investment moves, as their objectives may differ significantly [9][10] - The sale of Nvidia shares, while substantial, represents a small fraction of SoftBank's overall valuation of over $4.3 trillion, suggesting that it should not be interpreted as a definitive market signal [10] - Investors holding Nvidia shares may want to reassess their positions, especially in light of Nvidia's recent earnings report showing a 62% increase in total revenue and a 66% increase in data center revenue [11] Investment Approach - A dollar-cost averaging strategy is recommended for those interested in investing in Nvidia, allowing for consistent investment regardless of market fluctuations [12][14] - Nvidia is recognized as a strong company with long-term potential, and investors should remain focused on its fundamentals rather than short-term price movements [15]
Fairfax India Holdings Corporation: Third Quarter Financial Results
Globenewswire· 2025-11-06 22:05
Core Viewpoint - Fairfax India Holdings Corporation reported a significant decline in net earnings for the third quarter of 2025, with net earnings of $3.2 million compared to $34.0 million in the same quarter of 2024, primarily due to unrealized foreign currency translation losses from the depreciation of the Indian rupee against the U.S. dollar [1][5]. Financial Performance - Net earnings for Q3 2025 were $3.2 million ($0.02 per diluted share), down from $34.0 million ($0.25 per diluted share) in Q3 2024 [1]. - The company's book value per share decreased by 3.3% to $20.72 as of September 30, 2025, from $21.43 at June 30, 2025 [1]. - Cash and marketable securities totaled $72.9 million as of September 30, 2025, with an additional $69.5 million available under a revolving credit facility [2]. Investment Performance - The net change in unrealized gains on investments was $59.5 million, driven by increases in the fair values of private company investments, notably BIAL ($160.2 million) and Seven Islands ($35.1 million) [5]. - Unrealized foreign currency translation losses amounted to $103.1 million due to the depreciation of the Indian rupee against the U.S. dollar [5]. Shareholder Information - The weighted average common shares outstanding were 134.8 million in Q3 2025, slightly down from 135.2 million in Q3 2024 [3]. - The company completed a second installment payment of $94.4 million for acquiring an additional 10% equity interest in BIAL [5]. Balance Sheet Overview - As of September 30, 2025, total assets were $3.77 billion, with total liabilities of $838.8 million, resulting in total equity of $2.93 billion [6]. - The book value per share was reported at $20.72, down from $20.96 at the end of 2024 [6].
1847 Holdings Provides Update Regarding Development in Pending Civil Lawsuit
Globenewswire· 2025-10-31 20:50
Core Viewpoint - 1847 Holdings LLC announced a favorable development in a pending civil lawsuit, with the court dismissing the plaintiff's first amended complaint without prejudice, allowing for a potential re-filing by the plaintiff [1][2][3]. Legal Proceedings - The court dismissed the plaintiff's first amended complaint, which alleged violations of RICO and other fraud-related claims, citing that the complaint was excessively lengthy and not in compliance with the required legal standards [2][3]. - The plaintiff is permitted to file an amended complaint, limited to 40 pages, by November 24, 2025 [2]. Company Background - 1847 Holdings LLC is a diversified acquisition holding company focused on identifying undervalued investment opportunities in middle market businesses [4]. - The company aims to acquire businesses at reasonable multiples of cash flow, improve their operations, and potentially sell or IPO them at higher valuations [4].
Velcan Holdings: First Half Results
Globenewswire· 2025-10-29 16:30
Core Viewpoint - Velcan Holdings reported a significant decrease in net profit for the first half of 2025, primarily due to foreign exchange variations, despite stable turnover and operating costs [2][5]. Financial Performance - Turnover for the first half of 2025 was EUR 1.0 million, showing a 3% increase compared to EUR 1.0 million in the same period of 2024 [2]. - Net result for the first half of 2025 was EUR 0.6 million, a sharp decline of 85% from EUR 4.0 million in the first half of 2024 [2]. - Cash and financial instruments decreased by 3% to EUR 132 million as of June 30, 2025, from EUR 135 million at the end of 2024 [2]. - Consolidated equity remained stable at EUR 135 million [2]. Portfolio and Investment Insights - The portfolio gained EUR 10.8 million excluding forex effects, offset by EUR -8.2 million in currency losses, resulting in a net portfolio gain of EUR 2.6 million compared to EUR 6.1 million in H1 2024 [5]. - As of June 30, 2025, the asset composition included 33% equities, 30% sovereign bonds, 27% cash and equivalents, with the remainder in short positions, BRL/INR instruments, and private equity [5]. - The net cash position was EUR 74.6 million, excluding BRL and INR MM funds [5]. Operational Highlights - Revenue from the Rodeio Bonito hydropower plant in Brazil was EUR 1.0 million, reflecting a 3% year-over-year increase in EUR and a 19% increase in BRL, despite lower production due to drought [5]. - Operating costs remained stable at EUR -2.4 million, with depreciation and provisions at EUR -0.2 million [5]. Shareholder and Market Context - Shareholders' equity amounted to EUR 134.9 million as of June 30, 2025, slightly up from EUR 134.8 million at year-end 2024 [5]. - The company repurchased 32,328 shares for EUR 551,000 under a share buyback program initiated in January 2025 [5]. - The Board clarified that comparisons with other issuers on regulated markets are not relevant due to the distinct regulatory framework of Luxembourg's Euro MTF, where the company's shares are listed [5][11].
Pershing Square Holdings, Ltd. Announces Pricing of $500 Million Senior Notes Offering
Businesswire· 2025-10-23 22:15
Core Viewpoint - Pershing Square Holdings, Ltd. has announced the pricing of a $500 million offering of Senior Notes due in 2032 with a coupon rate of 5.500% per annum [1]. Group 1: Offering Details - The total principal amount of the Senior Notes offering is $500 million [1]. - The coupon rate for the Senior Notes is set at 5.500% per annum [1]. - The net proceeds from the offering are intended for general corporate purposes, including investments or asset holdings in line with PSH's investment policy [2]. Group 2: Regulatory Information - The Senior Notes have not been registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or an exemption [4]. - PSH is structured as a closed-ended investment scheme under the Protection of Investors (Bailiwick of Guernsey) Law, 2020 [5]. - The announcement is directed only at individuals with professional investment experience or high net worth companies in the UK [6].
East 72 Dynasty Trust Q3 2025 Quarterly Report
Seeking Alpha· 2025-10-07 09:05
Performance and Net Asset Value - The Dynasty Trust NAV increased by 1.6% in the September quarter, with a net asset value per unit of $1.3335 as of September 30, 2025 [2] - The quarterly return was 1.63%, while the rolling 12-month return was 19.28% [2] - The trust's performance is expected to lag behind wider indices in markets driven by surplus liquidity and short-term ideas [2] Company Contributions - Two companies discussed had strong long-term track records but were negative contributors in the quarter due to share price de-rating [3] - Bolloré experienced a €1.2 billion de-rating over the past year, attributed to investor impatience and self-inflicted issues [3] - Exor also faced de-rating despite strong capital management, influenced by bearish scenarios related to US tariffs on significant investee companies [3] Portfolio Adjustments - The trust exited positions in Catapult International, Sportradar, Harworth Group, and Borr Drilling, while adding DGL Group, a chemical distribution company [4] - DGL Group's shares were acquired at a price below 10x P/E and 60% of tangible book value, despite recent profit declines [4] Major Contributors and Detractors - Positive contributors to quarterly returns included Borr Drilling and Carlyle Group, while negative contributors included Virtu Financial and Novo Nordisk [5] - The strength of the Australian dollar reduced returns by approximately 80 basis points [5] Cash Position - The trust maintained a net cash weighting of around 6% after all accruals at the end of the quarter [6] Value Traps and Loss Reserving - The discussion on value traps highlighted Bolloré, Exor, and Swatch Group as securities trading at significant discounts to intrinsic value, but with potential for future performance [7] - The analysis emphasized the importance of understanding the price-value gap and the potential for value realization [10] Bolloré's Performance - Bolloré shares fell 19.5% over the past year, resulting in a €1.3 billion capital loss, despite the value of Universal Music Group shares remaining stable [27] - The company faced challenges including high costs, low customer experience investment, and significant transfer fees without on-field success [25] Exor's Holdings and Performance - Exor's NAV growth has been strong, with a 17.1% compound growth over 16.5 years, but it trades at a significant discount to NAV [36] - The company has engaged in substantial share buybacks, reducing share capital significantly [39] - Exor's holdings include major investments in Ferrari, Stellantis, and CNH, which are currently facing structural challenges [43][44] Institut Mérieux and Other Investments - Exor's stake in Institut Mérieux is primarily valued through its holding in bioMérieux, which is highly profitable [50] - The acquisition of Bureau Veritas' food testing business by Mérieux NutriSciences is expected to enhance value significantly [53] The Economist Stake - Exor's stake in The Economist presents a potential dilemma regarding future control and ownership dynamics, especially with the aging "A" shareholder block [62] - The financial performance of The Economist has shown modest growth, with a static operating profit over the years [60]
1847 Holdings Expects to Resume Trading on OTC Pink Limited Tier
Globenewswire· 2025-10-03 19:15
Core Viewpoint - 1847 Holdings LLC is set to begin trading on the OTC Pink Limited tier and aims to relist on a senior U.S. exchange as soon as practical, highlighting strong financial performance and growth potential [1][2][3]. Financial Performance - The company reported a record revenue growth of 380% year-over-year in Q2 2025, with significant gross profit expansion and positive operating cash flow [3]. - Management has reaffirmed its 2025 revenue guidance to exceed $40 million and operating income of approximately $6 million, with projections for 2026 of more than $50 million in revenue and operating income of approximately $12 million [3]. Business Strategy - 1847 Holdings focuses on acquiring undervalued middle-market businesses, enhancing their operations, and potentially monetizing them through sales or IPOs at higher valuations [4]. - The company believes that moving through the OTC market tiers and ultimately returning to a senior exchange will unlock greater value for shareholders [3].