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Slide 1
This is a classic short-seller 'thesis' slide, framing the company as a 'villain' with a flawed business model.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Executive Summary1 hit
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Ceres Power Holdings plc (CWR)Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Executive Summary1 hit
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This is a short-seller research report page.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Executive Summary1 hit
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The slide uses a timeline to contrast the company's stated progress against the reality of their order book.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Villain Critique1 hit
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The slide presents two sets of charts (English and Korean versions) to critique the company's order projections.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Villain Critique1 hit
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This is a short-seller research note attacking the company's commercial viability and revenue projections.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Villain Critique1 hit
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Includes a screenshot of a 2017 Ceres Power slide to highlight the discrepancy between past projections and current contract realities.Ceres Power Holdings plc (CWR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction1 hit
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German language version of the standard Grizzly Research legal disclaimer.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Monster1 hit
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The slide uses highly provocative language ('Das letzte Abendmahl', 'Zusammenbruch', 'quixotische Pivots') typical of short-seller research reports.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Monster1 hit
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The slide uses a table to document specific share pledging events by the CEO.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Monster1 hit
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The slide uses network diagrams and organizational charts to map the flow of capital from HelloFresh to a private real estate empire.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Struggle1 hit
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Includes a screenshot of a balance sheet (Handelsbilanz) for DSR Ventures GmbH.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Struggle1 hit
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The slide uses a table to highlight the pattern of buying and immediately pledging shares, suggesting a liquidity crisis for the CEO.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Struggle1 hit
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The slide presents a bearish thesis on HelloFresh, focusing on capital allocation and potential conflicts of interest.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Struggle1 hit
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The slide uses a screenshot of the HelloFresh IR website to demonstrate a broken link path for 'Director & Officers Dealings'.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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The slide uses a stock chart from Yahoo Finance to highlight a specific drop in volume and price on Oct 29th, 2025, as evidence of frontrunning.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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The slide uses a table to contrast the investor's self-proclaimed 'value investor' status with a track record of negative returns in most cases.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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The slide uses external data sources (Google Trends and AppMagic) to support a bearish thesis on HelloFresh.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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The slide uses a bearish tone, typical of short-seller research reports, highlighting declining metrics across key regions.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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Die Tabelle zeigt einen deutlichen Rückgang bei verschiedenen Metriken für HelloFresh im Vergleich zu anderen Diensten.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Cost Of Inaction1 hit
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Includes screenshots of user comments and a photo of packaging waste to support the bearish thesis.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Myth Buster1 hit
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The slide uses a 'villain' narrative to characterize HelloFresh as a 'zombie company' following the collapse of other meal-kit competitors.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Myth Buster1 hit
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The slide uses two charts to demonstrate the decline in active customers and the lack of real AOV growth relative to inflation.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Myth Buster1 hit
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The slide uses a 'villain critique' approach to undermine the company's brand image by highlighting systemic ethical and operational failures.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The StruggleLoop · Myth Buster1 hit
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This is a short-seller research report by Grizzly Research.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The VictoryLoop · Myth Buster1 hit
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Includes a screenshot of browser developer tools showing a non-functional 'Cancel my plan' button and a Reddit user testimonial.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The VictoryLoop · Myth Buster1 hit
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The slide uses a 'villain critique' approach to highlight poor customer satisfaction metrics as evidence of company malpractice.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Victory1 hit
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The slide uses Google Trends data and organic traffic charts to argue that HelloFresh's M&A strategy has failed to sustain growth.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Victory1 hit
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The slide argues that HelloFresh's market cap of ~1B EUR makes it one of the smallest MDAX constituents, likely to be replaced by an SDAX company.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Victory1 hit
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Der Bericht ist eine stark negative Einschätzung (Short-Report) mit Vorwürfen von Management-Fehlverhalten und operativer Inkompetenz.HelloFresh SE (HFG) · Grizzly Research
Research note Short seller Beat · The Victory1 hit