Sahm Adrangi Release Negative Reports

Sahm Adrangi, the Investment Manager of Kerrisdale Capital, released a negative report seeking to explain why the firm has recorded a lower position in the Eastman Kodak Company, a commercial imaging and printing firm whose stock rose 187% after launching a partnership with Kerrisdale Capital. The manager said Eastman Kodak Company is literally flawed and thus incapable of providing substantive benefit for its shareholders. He further termed the company along with another firm by the name WENN Digital Incas firms, as firms with well-known dubious backgrounds. He accused Eastman Kodak Company of making hollow attempts to cover its unsustainable and ineffective capital structure. According to the investment manager, Kodak’s soon to be launched partnership will do little to save the firm from plummeting revenues, mounting default risk and negative free cash flow. The seasoned investment management professional promised to hold a press conference where he will release more details regarding the recent negative report.

Sahm Adrangi used to work as Longacre Fund Management’s Investment Analyst before launching Kerrisdale Capital Management. Longacre Fund Management is a privately owned firm with over $1.2 billion valuable assets under its management. Adrangi did investment analysis for the firm, in addition to researching for equity fund and credit fund on behalf of the firm. Before joining Longacre, he worked for Chanin Capital Partners, in the bankruptcy restructuring department. The investor advised creditors on bankruptcy restructuring. His work entailed attending bondholder committees, representing bank debt holders and representing creditors from various bankrupt and distressed companies. In addition to working for these two firms, Sahm Adrangi has worked for Deutsche Bank, where his role primarily entailed restructuring and syndicating non-investment bank debt, and leveraging buyout financings. He is a graduate of the Yale University, where he obtained a BA in Economics. His Kerrisdale Capital offers investment managing services, and it currently manages over $300 million. Based in New York, the firm shares its investment management ideas with the larger investment community via its official site.

Conclusion

Sahm Adrangi move to release the negative report regarding Eastman Kodak Company paints the firm in a truly negative light and thus its future could be ultimately uncertain moving forward.

http://nakreport.com/2018/01/09/kerrisdale-capitals-sahm-adrangi-remains-thumbs-down-on-northern-dynasty-minerals/

 

Earning a Living From Home with Market America

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Growing Companies As A Part Of White Shark Media Review

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White Shark Media is leading business entity that specializes in digital marketing. The company’s CEO is Gary Garth. White Shark Media was co-founded by three entrepreneurs namely Gary Garth, Alexander Nygart, and Andrew Lolk. This company is driven by the goal to serve the small and medium-sized market through provision of revolutionary marketing services.

 

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White Shark Media’s reviews

 

White Shark Media has always focused on making trust a common denominator among all its clients. The firm enjoys high rating and excellent testimonials from both long-standing customers and new ones. According to Asbestos Company based in Michigan, White Shark Media offers digital marketing solutions that are efficient and affordable. A huge number of clients from Texas, Ohio, and California also expressed their gratitude and thanked this company for being an innovative service provider.