Some highlights from this weekend’s Event Driven Monitor
Have a friend with an ED (“Event-Driven”) problem? Forward this newsletter to them and they can sign up for their own ED fix right to their inbox:
NEW USERS RECEIVE A FREE 4-WEEK TRIAL
The Event of the Week
So with inflation on the mind, we thought we ‘d check in on our old oil trade. We are long term bulls but haven’t mentioned it much on these pages lately since honestly, there hasn’t been much to say as its chopped between 70-90 for a couple years.
For this week’s summer guest post series, we are turning it over to fellow KEDM’er Paulo Macro (@PauloMacro), who is far more articulate on this trade. Paulo was kind enough to let us behind his paywall for those KEDM readers that still don’t subscribe.
Subscribe Now To Keep Reading…
Kuppy’s Tweet of the Week
Chart and Kliff Note of the Week
The former CEO of BT Group is working with private equity firms to acquire Rentokil (RTO), owner of Terminix. The shares went up ~8% on the news and are currently up 4% from the level prior to the news. In the case of a merger, at least a 30% premium from the close can be expected.
Subscribe Now for More Event-Driven Opportunities
Friends of KEDM
- Our good friend Tommy Deepwater provided a brief, but valuable update on offshore drillers in his tweet.
Kuppy’s Event Driven Monitor scans over 20 corporate events for market moving information and distills them into our propietary “Kliff Notes.” One profitable trade should more than cover an annual subscription and access to the Event Driven chatroom!