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This is a text-heavy research note page. It highlights specific concerns regarding the Petersen claim, cash balance fluctuations, and the Perry Ellis appraisal rights case.Burford Capital (BUR) · Carson C. Block
Research note Short seller Beat · Problem (Identify pain)Loop · Pattern Hunter1 hit
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The slide uses a short table to calculate H2 2019 net realized gains based on upper and lower bounds, demonstrating a sharp decline.Burford Capital (BUR) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)Loop · Pattern Hunter1 hit
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The slide uses a short table to demonstrate that Petersen accounts for 67% of 2019 net realized gains, supporting the argument that the valuation is critical and potentially manipulated.Burford Capital (BUR) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)Loop · Pattern Hunter1 hit
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This is a text-heavy research note page focusing on financial discrepancies and governance concerns.Burford Capital (BUR) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)Loop · Pattern Hunter1 hit
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The slide uses a combination of financial data and legal case analysis to challenge the company's narrative.Burford Capital (BUR) · Carson C. Block
Research note Short seller Beat · Agitate (Make it worse)Loop · Pattern Hunter1 hit
03
The text functions as a short-seller research note, specifically attacking the credibility of BUR's management and investment track record.Burford Capital (BUR) · Carson C. Block
Research note Short seller 1 hit
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This is a standard legal document footer/signature page.Burford Capital (BUR) · Carson C. Block
Research note Short seller 1 hit
04
The slide uses a comparative analysis of construction costs per square meter to highlight potential overstatement of assets.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The table provides specific project examples to illustrate the construction market landscape in the GCC.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The slide serves as a portfolio or credential piece for a construction or engineering firm.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The slide uses a LinkedIn screenshot as primary evidence to establish a connection between Modular Concepts and NMC Health.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The slide presents evidence of a potential shell company or proxy ownership structure linked to BR Shetty.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The slide uses a LinkedIn profile screenshot as evidence of project involvement.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
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The slide includes a CV snippet of Nancy E. Evangelista at the top, which appears to be a source or context for the investigation into the KBBO Group/NMC Healthcare network.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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Includes investigative commentary on the company's small scale and low patient volume.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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Includes two tables detailing debt refinancing by year and interest rates on total debt.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · Iceberg1 hit
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This is a research note page from a short-seller report (likely Muddy Waters or similar) alleging financial fraud.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · Iceberg1 hit
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This is a research note page focusing on forensic accounting and investigative findings regarding undisclosed debt.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · Iceberg1 hit
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The text argues that NMC misclassified Aspen leases as operating rather than finance leases, leading to a $320M debt understatement, and further questions the validity of the $352.2M lease commitment disclosure.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The MonsterLoop · Iceberg1 hit
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This is a research note page focusing on forensic accounting findings regarding supply chain financing.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Struggle1 hit
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The slide contains a table of financial holdings and text referencing external reports and specific debt instruments.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Struggle1 hit
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The slide details the structure of a supply chain finance transaction involving NMC Healthcare LLC and Channel Finance S.A.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Struggle1 hit
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The slide presents evidence of potential accounting manipulation by NMC, specifically regarding off-balance sheet financing and misleading public statements.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Struggle1 hit
31
This is a text-heavy research note page focusing on corporate governance failures and potential fraud indicators.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Victory1 hit
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The table shows a net negative impact of over £1 billion from insider transactions, contrasting with the typical positive signaling of insider buying.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Victory1 hit
34
The slide includes a table of management compensation and a narrative critique of corporate governance.NMC Health plc (NMC.LN) · Carson C. Block
Research note Short seller Beat · The Victory1 hit
02
The slide uses a visual metaphor of a wheel-less Jaguar to critique the company's business model.PeptiDream, Inc. (4587 JP) · Carson C. Block
Research note Short seller 1 hit
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This is a text-heavy research note page, likely part of a short report.PeptiDream, Inc. (4587 JP) · Carson C. Block
Research note Short seller 1 hit
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This is a text-heavy research note page from a short-seller report. It uses a 'villain_critique' approach to undermine management credibility.PeptiDream, Inc. (4587 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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The slide argues that technology does not equal a viable business, citing a lack of clinical candidates from long-standing partnerships.PeptiDream, Inc. (4587 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit