5406 JP (Kobe Steel)

Industrial/Transportation


SHORT (Long CDS) — Kobe Steel (5406 JP)

Highlights

 

The presenter provided an overview of his bearish stance on Kobe, and why he likes the CDS trading at ~200-250 bps, He believes this level represents a good value to play Japan’s third largest, 3x levered steel manufacturer given the headwinds the company faces and issues it could have managing its capital structure. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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