Nam Tai

Dissident shareholders led by ISZO Capital recently replaced the board of Nam Tai Property (NTP) which had been controlled by Chinese property developer Kaisa Group. Significant recent news: ISZO Capital's campaign to replace a majority of the Board of Directors was successful at a shareholder meeting held on 11/30/21 (LINK)Kaisa's 24% stake was seized by … Continue reading Nam Tai Property: I Bought A Ticket To This Circus

Nam Tai Property (NTP) has generated a 10 year return of about zero despite consistently bullish online commentary I resisted buying NTP due to flaws in the bullish arguments, but took a fresh look due to recent involvement of an activist shareholder, ISZO Capital. Here's a brief recap of some underappreciated aspects of the story … Continue reading Nam Tai Property: Complicated Plots