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This is a classic short-seller research note cover/summary page.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller 1 hit
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This is a text-heavy research note page focusing on short-selling or bearish thesis points.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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The slide uses a table to expose a pattern of management credibility issues.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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The slide uses a table to calculate organic growth and lists quotes from management and sell-side analysts to demonstrate the discrepancy.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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Includes a detailed tax reconciliation table from Nidec's 20-F.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The Monster1 hit
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Includes a Q&A excerpt regarding restructuring benefits and a table comparing reported vs. adjusted financial metrics.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide uses a 'before-after' framing to expose the company's tendency to miss projections even after adjusting for significant cost savings.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide combines corporate presentation slides (13 and 14) with a critical investor note questioning Nidec's accounting practices.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide uses a dual-axis chart to contrast sales (bars) and operating income (line) to highlight the discrepancy between financial performance and management's narrative.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide uses a forensic accounting approach to challenge the validity of financial write-offs.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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Includes detailed footnotes referencing SEC filings (20-F) and corporate website.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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Includes footnotes 48-51 referencing SEC filings and SAIC data.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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Includes footnotes 52 and 53. The table derives Automotive business performance by subtracting HDD business from total SAIC filings.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide uses a forensic accounting approach to challenge management's narrative on profitability improvements post-acquisition.Nidec Corp. (6594 JP) · Carson C. Block
Research note Short seller Beat · The StruggleLoop · The Reveal1 hit
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The slide highlights a reconciliation failure between PP&E additions and cash outflows, suggesting a potential accounting concern.Stroer SE & Co. KGaA (SAX) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
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The slide contains two distinct tables analyzing cash flow adjustments and EBITDA quality.Stroer SE & Co. KGaA (SAX) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
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The slide uses a forensic accounting lens to question the quality of earnings by isolating non-operating segments and exceptional items.Stroer SE & Co. KGaA (SAX) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
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The slide highlights a potential accounting error or manipulation regarding gross vs. net reporting of borrowings.Stroer SE & Co. KGaA (SAX) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
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The slide uses a comparison of financial metrics to cast doubt on the legitimacy of reported margins, citing a historical fraud case (CCME) as a precedent.Stroer SE & Co. KGaA (SAX) · Carson C. Block
Research note Short seller Beat · Appendix Disclosure1 hit
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The slide contains a verbatim transcript of a Q&A session between shareholders and management.Stroer SE & Co. KGaA (SAX) · Muddy Waters Capital
Other Short seller Beat · Problem & Complication1 hit
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Page 89 of a transcript from Ströer SE & Co. KGaA ordinary general meeting.Stroer SE & Co. KGaA (SAX) · Muddy Waters Capital
Other Short seller Beat · Impact & Next Steps1 hit
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The slide serves as the formal introduction to the short thesis, establishing the firm's position and the core argument regarding product recalls and cybersecurity risks.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller 1 hit
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The slide highlights a lack of encryption and authentication across the ecosystem, framing it as a security vulnerability.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller 1 hit
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The chart appears to be a screenshot from a financial data terminal (e.g., Bloomberg).St. Jude Medical (STJ) · Carson C. Block
Research note Short seller Loop · Cost Of Inaction1 hit
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The slide combines historical data for Boston Scientific with a forward-looking DCF sensitivity analysis for St. Jude Medical.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller Loop · Cost Of Inaction1 hit
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Includes a line chart for revenue segments, a list of DCF assumptions, a data table for EPS/Revenue metrics, and a bar chart for Adj. EPS change.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller Loop · Cost Of Inaction1 hit
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The tables represent a sensitivity analysis for St. Jude Medical (STJ) based on a hypothetical market share loss scenario.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller Loop · Cost Of Inaction1 hit
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Includes four sensitivity tables and a paragraph detailing a bank loan covenant breach calculation.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller Loop · Cost Of Inaction1 hit
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The slide combines a formal financial compliance schedule with a qualitative assessment of credit risk and potential covenant renegotiation.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller 1 hit
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The slide discusses financial leverage metrics (Debt/EBITDA) and their impact on credit ratings.St. Jude Medical (STJ) · Carson C. Block
Research note Short seller 1 hit