TORONTO — As RB Energy Inc. flamed out and fell into creditor protection during the past couple of weeks, investors were shell-shocked.
Despite some start-up problems in recent months, Vancouver-based RB seemed to be in an ideal position. It was emerging as North America’s only serious lithium producer, just as demand for the metal is set to soar because of its use in electric vehicle batteries. Its management team was linked to the legendary Lundin Group, a resource conglomerate with a fantastic track record of success. Lundin companies do not just melt down like that.
Disclosure is a key element in ensuring the well-functioning of the capital markets and allowing investors to make informed judgements.
All of which means a focus on the circular for the upcoming meeting of Tuckamore Capital Management. That meeting has been called for shareholders to support management’s plan, that’s backed by Birch Hill Equity Partners, to take the company private.
By Mike Phillips:In a previous article related to Dollar Tree (DLTR), I illustrated a collar position for realizing a potential profit, even if the price of the stock remains unchanged while also providing protection against a large drop in price.
By Lalit Sharma:Appaloosa Management, L.P. is a Short Hills, N.J.-based hedge fund management firm founded by David A. Tepper. The firm manages over $4 billion in equities and has beaten the S&P 500 consistently by a large margin.
Year Return (%) S&P500 (%) Excess Gain (%)
By Lalit Sharma:Soros Fund Management LLC is one of the most successful and high-profile hedge funds managed by billionaire hedge fund manager George Soros. Soros returned an average of 30.5% per year between 1969 and 2000. More recently in 2007, 2008, and 2009, his fund generated a 32%, 8% and 29% return respectively for investors.
Andrew Doiron is being eulogized as the type of man whose eyes would light up whenever he spoke about his job, a fearless straight-talker who was true to himself and easily earned the love of his friends and family.
“Andrew is the first person I met whose personality screamed ‘what you see is what you get!’ Marc Melanson, who described himself as one of Sgt. Doiron’s closest friends, said in a lengthy statement posted to Facebook.
The 31-year-old from Moncton, N.B., was killed on Friday in a friendly fire incident in Iraq.
Ron Rowland submits:January produced twenty new ETFs and two new ETNs. None closed. The 22 new products result in a current total count of 1,121 listings (987 ETFs and 134 ETNs). Two of the new ETFs are classified as actively-managed funds, bringing their count to 33.
By Rash Menaria:
Aberdeen Asset Management PLC is an investment advisory and hedge fund firm managing over $55 bn in equities. It employs a bottom-up, fundamental approach, investing in established companies that are attractively priced and have quality management teams and solid business models. The firm maintains a long-term focus in employing buy and hold strategies.