Clemens Scholl

Clemens Scholl
Contributor since: 2010
Company: Tolbiac Capital KG
4/22/14
Clemens Scholl
$BWEL breaks $1000 per share.
2/26/14
Clemens Scholl
Glencore $GLCNF makes an underwhelming exit offer for Chemoil $CLRGF shareholders. Shall we expect a similar move for $KATFF ?
6/15/14
What is a good offer for Katanga? They are currently trade at 0,35 Book Value. Glencore has loaned them a lot of money as prepayment.
... at usurious interest rates :)
8/26/13
Clemens Scholl
CEO of Uralkali arrested in Belarus... Next round of the potash war $POT $KPLUY.PK $MOS $URALL.PK
8/3/13
Clemens Scholl
Brisa $BRSAY.PK pays 30% dividend after losing public company status http://bit.ly/14Q6nEC Windfall for those that didnt bow 2 sell pressure
Tagus owns most of the shares but no shareholder was forced to sell. I didn't sell. The company is not public anymore but tagus needs cash.
The juicy dividend will be paid on Wednesday (Sep 4th). I expect more cash to come out in the next few years, and eventually a re-floating.
7/17/13
Clemens Scholl
GBL $GBLBF.PK announces 4% stake in Umicore $UMICF.PK. Both companies go way back (société générale de Belgique & union minière).
it is timely as I'm just reading a 500p volume on the history of Umicore ("de la mine à Mars", by R. Brion).
It's definitely one of the great Belgian companies, w. a colourful history. They have very good market position in many specialty materials.
7/16/13
Clemens Scholl
Has the bleeding stopped? John Fredriksen buys shares worth $1.7m in Archer Ltd. $ARHVF.PK http://bit.ly/1dBCMUJ
Fredriksen buys another 750.000 shares at NOK 5.09... http://bit.ly/1d1XGy5
Interesting. I've followed your posts on Fredriksen but never invested. I am in SB in dry bulk and am happy with recent developments
6/3/13
Clemens Scholl
GBL buys 15% of SGS for 2bn EUR. Price is steep, I am underwhelmed by this purchase. Great company at a very high price.
Dr, I agree seems a bit pricey. Not to much interest in the US as .pk trades about 17k shrs/day. Interesting co, interesting move by GBL
5/21/13
Clemens Scholl
Copeinca transaction voted down at Cermaq AGM. Huge win for Marine Harvest $MNHVF.PK in the salmon wars. Industry giant about to be born.
5/14/13
Clemens Scholl
Dan Loeb takes on Sony $SNE. He will fail. Should have read "the Japan that can say no" written by Sony founder Akio Morita.
I was just out of university 3 years (grad 2005)! =D Thanks for the interesting information re: Sony. I had fun reading up on each item.
Sad to say, I found SNE a slow mover, and sold it a few times... and my current position is in the red. Next wk should be interesting!
5/13/13
Clemens Scholl
GBL is placing 65 million shares of GDF Suez (2.7%) in an accelerated bookbuilding.
Seems they sold it for about an 8% discount to the last price yesterday. I have a hard time understanding this move. GDF is imo very cheap.
in the 4 months since buying SGS, GDF has gone up 20% and SGS has not moved at all. They would've made 236 million EUR more by selling today
5/6/13
Clemens Scholl
Saverys speaks out: LNG/LPG company Exmar "totally undervalued" http://bit.ly/13mOsId $EXMRF.PK +5.5%, Euronav rises as well $EONVF.PK +8%.
They had a great presentation today http://bit.ly/12bQY2q - good overview of the company.
Nicolas saverys could move the listing to the U.S. eventually - Some thoughts on Euronav these past years at http://seekingalpha.com/p/4kpe
4/30/13
Clemens Scholl
first IFRS results in a decade, $SGTPY.PK reports $28bn cash pile while market cap is only $30bn. http://fxn.ws/ZOyjME
4/3/13
Clemens Scholl
$OGZPY.PK now below $100bn, looks very cheap. P/E less than 3, div. yield about 6%, less than half of book. downside minimal,could double?
RMG sees "fascinating buying chance" http://bit.ly/XqddUv I tend to agree.
Thanks for the link and the report. Interesting read.
Dr, Some day I'll learn - well maybe. Nice move over the past week
I guess the only question now is what multiple to exit at. I entered at PE of 2 made up for the risk involved. Same for a PE of 4-5?
3/3/14
I haven't looked into Lukoil but Gazprom is a stable company but with very limited upside because of its ties to the gov't.
3/3/14
I try to trade it in the range (buy in $6-7 range sell at $9+). I don't think the stock has an upside beyond 9+. Similar to $CIG in Brazil.
1/7/13
Clemens Scholl
Peter Kellogg and IAT Reinsurance annouce they hold 30.9% of $MIL http://1.usa.gov/ZvVStb
When there is accumulation stock moves nicely. Now the sell off is perplexing. The aforementioned lack of transparency.
not really perplexing,their unfavorable dealings in India begin to look like a pattern (Canoro, Magnum). Smith lying about it does not help.
4/11/12
Clemens Scholl
has Areva finally hit bottom today? ARVCF.PK up 9% in Paris after losing half its value in a matter of weeks...
yes, that was a big (10 to 1) stock split that took place alongside the capital increase where Kuwait bought a 5% stake.
4/13/12
I stepped in. Missed Veolia, which is for sure no reason that it will work for Areva... What would be your opinion?
8/15/11
Clemens Scholl
More drilling consolidation. Transocean (RIG) buys Aker Drilling for $1.4bn, 62% premium, NOK 26.5 per share. http://bit.ly/n1ufhJ
8/11/11
Clemens Scholl
riots in Europe go out of control http://bit.ly/pu0lJC
8/1/11
Clemens Scholl
Archer Seawell goes fracking http://bit.ly/peTzlJ ARHVF.PK SDRL
7/18/11
Clemens Scholl
Exmar in fleet deal with BW gas, swaps 2 VLGCs for 4 midsize carriers +$35m http://bit.ly/phsP2O
7/13/11
Clemens Scholl
Sandstorm Metals STTYF.PK in copper streaming deal with Xstrata-partner Donner Metals DONFF.PK and gas stream with Thunderbird TBDYF.PK
7/6/11
Clemens Scholl
Berkshire and Leucadia in consortium to bid for Citigroup unit Capital One http://on.wsj.com/pHm2SA BRK.A LUK C BRK.B
7/5/11
Clemens Scholl
http://bit.ly/lOvu3J Tavan Tolgoi, Mongolia
6/27/11
Clemens Scholl
Golden Ocean plans to sell its GOGL stake http://1.usa.gov/m2x6ZD
6/14/11
Clemens Scholl
Fortress (FIG) strikes back at Dresden: http://bit.ly/jXz6gj/ GGFHF.PK shares up 7% after losing 40% over the last months.
6/14/11
Clemens Scholl
Grand Theft Auto: Avis Budget (CAR) buys Avis Europe for $1bn (GBP 3.15 per share).
6/13/11
Clemens Scholl
VFC buys Timberland TBL for $43 a share
5/26/11
Clemens Scholl
Jim Rogers will call you when it's time ... http://bit.ly/jMnA6k
5/25/11
Clemens Scholl
Surgutneftegas SGTZY.PK sells its 21% stake in MOL to the Hungarian state for $2.65bn, makes a $675m profit on the transaction.
5/24/11
Clemens Scholl
Zwack Unicum announces 850 HUF dividend/share. Yield currently 6.2% ... much less than the 40% alcohol content of its main product.
5/24/11
Clemens Scholl
another nice arbitrage on Commerzbank capital increase - selling the shares, buying the subscription rights.
5/19/11
Clemens Scholl
baltic dry index rises nearly 5% http://bit.ly/iZ2kfz
5/19/11
Clemens Scholl
Sex scandal at Munich Re subsidiary ERGO: http://bit.ly/lfyt1c Warren won't be pleased ... (ignore previous link)