Matching slides 60,568
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25,561-25,590 of 60,568

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95
The slide uses a chronological table to show how the definition of non-recurring revenue has shifted over time, implying a lack of transparency.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
96
The slide argues that capitalized software costs are real cash costs that should not be ignored in EBITDA adjustments.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
97
Uses yellow highlighting to draw attention to specific accounting disclosures and the write-off event.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
98
Uses direct quotes from SEC filings to demonstrate the potential for accounting manipulation.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
99
The slide uses a table-like structure to compare SEC filings across three years, contrasting the low reported employee count with the footnote disclosure of 600 total ESG employees.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
100
The slide uses a side-by-side comparison of 2019-2021 vs 2022 financial reporting language to expose a change in accounting disclosure.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
105
The slide uses a red callout box to emphasize the contradiction between company growth and declining audit fees.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
107
The slide uses a table to contrast compensation elements, specifically highlighting the shift from 5-year to 3-year performance periods for long-term incentives.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
109
Uses a combination of corporate governance disclosure and SEC press release to establish a link between a director and a company's regulatory failure.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
110
The slide uses a red box and a callout to emphasize the low and stagnant ownership levels of directors specifically.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
115
The slide uses a table to highlight a deceleration in QoQ growth and a shift in revenue mix toward longer-term periods.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
116
The slide uses a table of analyst ratings and a pie chart to illustrate the 'comedic humor' in current market sentiment, pointing out the conflict of interest between Morgan Stanley and MSCI.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
117
The slide uses red callout boxes to highlight the negative trend in active ownership.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
119
The table highlights that MSCI trades at a premium (EV/EBITDA 31.9x vs peer average 20.4x) compared to its peers.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
122
The slide uses a sum-of-parts (SOP) valuation framework to justify a short thesis.MSCI Inc. (MSCI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Cost Of Inaction1 hit
04
The slide uses a 'precedent_table' to establish credibility by showcasing past successful short campaigns.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller 1 hit
09
Uses a classic 'Company View vs. Activist View' table structure to highlight hypocrisy.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
11
The slide uses a timeline-style table to frame the company's history as a series of negative events and instability.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
17
The slide uses a table to show the decline in net earnings margin from 16.9% in 2021 to 6.3% in 2023.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
18
Uses a specific calculation (A/E) to challenge the CEO's narrative of 'disciplined' acquisition growth.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
19
Uses a 'Read The Fine Print' callout to highlight the discrepancy found in the Management Information Circular.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
21
The slide uses a mix of English and Finnish text within the financial table and descriptions.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
22
The slide uses a combination of qualitative sentiment analysis (Glassdoor) and quantitative workforce data to support the thesis.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
23
The slide uses a red bar to highlight the subject company (WSP) against blue bars for peers.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
24
The slide uses a table to contrast WSP's performance against a peer group, with callouts emphasizing the low organic growth.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
26
The slide uses a table to expose a potential accounting or disclosure weakness in WSP's financial reporting.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
27
The slide uses a table format to contrast qualitative definitions of 'backlog' across different companies to support the thesis of vagueness.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
29
Uses a visual comparison of text excerpts with an arrow highlighting the specific change in wording.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
35
The slide uses a table to contrast forecast ranges with actual outcomes, using color-coded indicators for DSOs.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit
36
The slide uses a table to demonstrate a pattern of financial misforecasting by the target company.WSP Global Inc. (WSP) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction1 hit