Intelsat and SES - kerrisdalecap.com

We are long shares of Intelsat and SES, two large satellite operators with significant and underappreciated 5G spectrum assets. For us, this is an unusual position to be in.

CHINA MILK PRODUCTS GROUP LIMITED - kerrisdalecap.com

About China Milk Listed on the Main Board of the Singapore Exchange on 13 March 2006, China Milk Products Group Limited, through its primary operating

  Product, Milk, Milk products

HubSpot, Inc. (HUBS) - kerrisdalecap.com

HubSpot’s niches. This fierce competitive landscape will ultimately yield a predictable result for HubSpot: lame growth and blah margins. Investors have taken recent metrics and assumed them to be sustainable over the future, mistakenly believing them to be the product of some sort of competitive advantage that HubSpot will maintain over time.

  Fierce

Astra Space, Inc (ASTR)

Headed for Dis-Astra Disclaimer: As of the publication date of this report, Kerrisdale Capital Management, LLC and its affiliates (collectively, “Kerrisdale”), have short positions in shares of Astra Space, Inc. (“Astra” or “the Company”). Kerrisdale stands to realize gains in the event the price of Astra shares decrease.

Curacao Highlights 2020 - Deloitte

Interest deduction limitations – Thin capitalization rules apply to loans from a Curaçao investment institution within the group, and to loans from foreign group entities that are not subject to a tax levied on their profits in any form. Controlled foreign companies – There are no controlled foreign company rules.

  Thin, Capitalization, Thin capitalization

Saudi Arabia Highlights 2020 - Deloitte

– Saudi Arabia does not have specific thin capitalization rules, but there is a rule limiting the deductibility of interest expense to the lesser of (i) the actual interest expense, or (ii) interest income, plus 50% of taxable income (excluding interest income and interest expense ).

  Highlights, Thin, Saudi, 2200, Capitalization, Arabia, Thin capitalization, Saudi arabia highlights 2020