The coming Energy Crisis and how to play it

Great read from Greed & Fear and what they call the Oil crisis. We have had the view that we have an ENERGY CRISIS coming due to the new drive to be carbon neutral which although ultimately its an important cause its unrealistic in the time frame and will lead to an energy crisis. For…

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KPN – Closing the position flat

*We liked the name for the upside in an M&A scenario but with the seemingly low bids coming in, KKR walking away and government still not that stable we are starting to doubt if the timing for such an acquisition is right *Even if the deal is agreed at the speculated EUR 3.5 we expect…

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Reiterate BUY Euronext, +2.3% ABS

Rights finished trading yesterday – despite Bloomberg saying today – results set for 12th May As reducible orders were possible it was trading through terms on the optionality – this should mean that not much of a rump will be left to place (rights not taken up) Already seeing some strength today and the spikes…

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