Tidewater’s results were not the only bright spot in the OSV segment last week. Seacor also had something to say. Let’s take a look. A week after releasing their Q2 results, Seacor announced they had sold 2 liftboats (their most valuable), mainly used in offshore wind...

It’s been months since we’ve had any good news from Tidewater. So, like every shareholder, I was really glad to read about the refinancing they announced on Monday. The effect is simple : Tidewater can now freely spend what it earns. Let’s rewind a bit. When you look...

  Being 60 in France used to be the age at which you retire. End of the road, thanks for your service. Fortunately that limit doesn’t apply to businesses. One of them turns 60 next year. It’s the #2 player in its industry and serves 80 million customers daily....

3 weeks after the BRK AGM and 3,500 miles across Nebraska, South Dakota, Montana, Wyoming and Colorado, I’m back home.    I had plenty of time to digest the weekend in Omaha. I’ll try to keep it simple and mostly personal as many things have already been...

While navigating the waters of the stock market, you sometimes stumble upon oddities, the kind that makes you ask : “Hey am I completely stupid or what ?” That’s exactly the case with Galapagos NV. As you’ll see, the pitch is quite simple and the catalysts are quite...

At last... Prada and Capri finally reached an agreement for the sale of Versace last week. It was in the pipe for months. Rumoured price was around 1.6bn$. Well, the tariffs maelstrom we’re still in took its share of the deal in the form of a lower price. Prada will...

A few weeks ago, British Steel announced it was going to close its last blast furnace in the UK. Why ? “The blast furnaces and steelmaking operations are no longer financially sustainable due to highly challenging market conditions, the imposition of tariffs, and...

Investing in a new position is often a simple decision to take : you’ve done your research, you pay far less than the value you estimated, and it beats your opportunity cost. Great, you take a position in the stock. But once you’ve taken that decision, the real...

Summary: Olin is the number 1 producer of chlorine and caustic soda in the US. It benefits from a favorable industry structure characterized by a growing demand and a relatively fixed supply, all while benefiting from the lowest cost structure in the world. It also...

Well it seems like things are accelerating at Versace. Capri announced a few days ago that Donatella Versace will leave her position as Designer. The end of an era.