Special Situations Idea Forum

MYST Advisors

The majority of stocks presented at MYST’s latest buy-side event had very near-term (<6 months) catalysts to unlock value either through business transformations, fundamental business inflections, M&A / spin-off activities, or “technical” tailwinds. Ideas included:

Core Scientific (CORZ) - Bitcoin mining conversion provides “shortcut” to new data centre capacity. TP $18 (85% upside).
Golar LNG (GLNG) - “Orphan stock” nearing closure of multiple lucrative long-term FLNG vessel contracts. TP $75 (145% upside).
Jacobs Solutions (J) - Long-awaited exit from “deal purgatory” to finally showcase fundamental strength. TP $180 (30% upside).
Teck Resources (TECK) - Coal divestiture creates significant re-rate potential / M&A optionality. TP $65 (35% upside).

- 28 June, 2024

Special Situations Idea Forum

MYST Advisors

Presenters at MYST’s latest buy-side event offered a diverse set of ideas with significant (50%+) upside spanning almost every major sector. Highlights include:

Alight (ALIT) - Imminent removal of Blackstone supply overhang to cause shares to re-rate towards peers. TP $20 (100% upside).
Bayer (BAYN GR) - Forgotten stock with activist involvement to push for potential Monsanto spin. TP €82 (60% upside).
Equitrans Midstream (ETRN) - Completion of long-delayed pipeline to drive EBITDA inflection + takeover target. TP $16.50 (80% upside).
Golar LNG (GLNG) - Simplified LNG play with several enormous contracts finally nearing fruition. TP $40 (65% upside).
Secure Energy Services (SES CN) - Waste co. disguised as an oil services co. poised for material re-rating. TP C$13 (100% upside).

- 21 July, 2023

High conviction LNG

BlackRobin Group

LNG producer and shipping company Golar LNG offers an interesting high-yield trade in the credit and commodity liquid natural gas market. Gas futures remain volatile but the energy crisis is here to stay. The UK, for example, has asked Qatar to be its LNG supplier of last resort and diverted 4 tankers last week to the UK. With favourable market trends, the risks rely on management’s ability to execute successfully their strategy with no operational mishaps.

- 12 November, 2021