Sahm Adrangi recently published a negative report citing that Eastman Kodak Company was taking a short position when they announce a partnership move to launch a blockchain that enables photo-centric cryptocurrency and image licensing platform. Sahm Adrangi believes that the launch is a malicious attempt to chase the ICO frenzy that has nothing to offset the weak fundamentals exhibited by Kodak’s unsustainable capital structure. However, since the announcement the commercial imaging and printing company (Kodak) stock has been raising close to 190 percent. Sahm Adrangi believes the company will not provide material benefit to their shareholders. Read more about Sahm Adrangi at Benzinga.
Sahm Adrangi views the raise on shares as unjustified hype which will eventually fall because the company behind the launch have a record of dubious background. The day before the launch, board members from Kodak took for themselves restricted stock on suspicion of bearing material risk. Adrangi has emphasized that the announcement will not save the Kodak firm from declining revenue rates, mounting default risk and the negative free cash flow. Nevertheless, Adrangi being the Chief Investment Officer at Kerrisdale Company stand to reap tremendous benefits if the share price falls because they hold a short position at the Kodak Company. Visit Crunchbase to know more about Sahm Adrangi.
Mr. Adrangi is the Chief Investment Officer and also the Founder of Kerrisdale capital management that deal with long-term investment value and special event-driven situation. The company was started in the year 2009 and is well known for selling publishing research that sought to demystify misconceptions brought forth by fraudulent business. Adrangi often shares his research on the company website, Twitter handle or third-party investing sites. Sahm Adrangi has managed to expose several fraudulent companies such as China-Biotics, China Marine Food Group, and Lihua International.
In addition to publishing report based on research, Sahm Adrangi is an active investor and a renowned public speaker. He graduated from Yale University with a B.A in economics; thus he has been very passionate about building a financial career in credit. However, Adrangi has lately been featured in several publications such as the New York Times, Wall Street Journal, BusinessWeek, the Washington Post and many more. Additionally, he has been invited as the guest speaker at various conferences, including the Value Investing Conference, Trade 4 a Cause, Sohn Conference and many other.
JHSF is a Brazilian Real Estate Company that deals with residential and commercial properties. Since its establishment in 1972, JHSF has developed different properties including hotels, shopping malls, and residential properties. JHSF operates in Brazil and other countries including Uruguay and the United States. JHSF was the first company in Brazil to focus on income assets. Their income generating projects include shopping malls, hotels, and airports. It is the parent company of the Manus, Amazonas, and the Ponta Negra.
CidadeJardim Complex, founded in 2006 was the first retail project of JHSF. The complex contains a shopping mall and residential apartments. In the following year, the Company acquired shares in the Fasano Group hotels. Since they acquired a majority stake of the hotels, JHSF gained control of the Group of hotels in 2014. As part of their international projects, JHSF launched a project in New York. JHSF has been successful in real estate industry. As of 2017, the company had R $1.20 billion in the stock market. JHSF has received awards for their exceptional work in real estate. In 2012, the CidadeJardim won the Best Environmental Seal of Aqua Awards. JHSF was recognized as the Best Developer in Brazil in 2014.
About Jose Auriemo
Jose AuriemoNeto is chairman and the C.E.O of the JHSF Company. He is charged with the responsibility of overseeing the interests of the Company in public, hotels and office building developments. He also administers the retail portfolio. JHSF began its first group venture into retail sector in 2009. Jose oversaw the signing of the contract between Jimmy Choo, Pucci, and Hermes. The partnerships led to the developments of luxurious retail outlets. Later in 2012, they signed another contract with Valentino and opened new stores in Brazil.
Jose began his career in 1993. In 1997, the Parkbem was launched. This was a parking lot management company that Jose was in charge off of managing. Under his leadership, the Company gained success, and Jose managed to secure the rights to develop the first shopping destination of the Company in 1998. Jose attended the University of Sao Paulo.
James Dondero with over three decades of experience is assisting individuals with his knowledge and expertise in equity and credit markets. Due to his dedication and care, his client believes on him much more than they believe on their destination. What other proof would need for this that his client believes on him more with their hard earned money? He is persistent is President/Co-Founder and presently resides in Texas. James focuses heavily on distressed and high-yield investing. Since 199 when HCM started its operation, it’s been a pioneer in CLO (Collateralized Loan Obligation) market, and also it assists in developing solutions that based on credit orientation for retail and institutional investors globally.
HCM, an award-winning firm offers services in but not limited to CLOs, separate formal accounts, mutual funds, and private equity funds, hedge funds, ETFs along with REITs and much more. James is working in Cornerstone Healthcare, Nexbank and CCS Medical as their Chairman. By holding such crucial position in globally acclaimed companies proof that he is an expert in his field and national/international companies trust on his judgment, experiences and other things.
James Dondero is an active philanthropist and supports many initiatives in veteran’s affairs, education and public policy. Before co-founding HCM, he helped in building GIC subsidiary of Protective Life through his skills, expertise, and knowledge. During his initial period, James worked in American Express as Corporate Bond/Portfolio Manager. James started his professional life by working in training program by for Morgan Guaranty as an analyst and then after following a very long but fruitful hard work, he ultimately co-founded HCM.
James took his formal education from Virginia University with flying colors by focusing on Beta Alpha Psi and Beta Gamma Sigma. He completed it with dual majors in Finance and Accounting. James is also a CMA, and due to his experience and expertise, he ultimately earned the right to use the CFA designation. That combination of education made him an ideal candidate to begin his career as an Analyst, and that’s what he did, and now he is one of the very famous and renowned names in whole financing industry.