Press Release: Launch of Activist Fund Blue Orca Capital

May 17, 2018

Soren Aandahl, formerly the director of research and chief investment officer at international short seller Glaucus Research, is today launching a new activist investment fund Blue Orca Capital, LLC (“Blue Orca”).

Blue Sky meltdown continues, untruths now official

7 May 2018

The Brisbane-based flipper of Gladstone bedsits divulged yet more nasty news to the market on Monday morning, abandoning its forecast FY18 earnings (of between $20 million and $25 million) only 15 working days since it had been downgraded by 36 per cent (at the midpoint).

More chaos at Blue Sky: Chair to go, CIO out, profit guidance pulled

7 May 2018

Asset manager Blue Sky Alternative Investments has notified the market that it’s withdrawing profit guidance for the 2018 and 2019 financial years.

Australian short-seller target Quintis appoints administrators

21 Jan 2018

Formerly known as TFS Corp, Quintis had been reeling since last March when U.S.-based activist short-seller Glaucus Research Group published a highly negative report, ... Soren Aandahl, Head of Research at Glaucus, told Reuters by phone from California that the collapse "completely vindicates" Glaucus' research.

Short Seller Glaucus Targets Europe as Markets Turn 'Frothy'

18 Jan 2018

Short-seller Glaucus Research Group, whose critical reports have prompted stock slumps in companies from Hong Kong to Sydney, is directing its attention to Europe as it says markets there are becoming “frothy.”

Selling Hong Kong Short

8 Jun 2017

Some short-seller reports have presaged action by the regulator. The SFC won a court order in 2015 to wind up China Metal Recycling Holdings Ltd., once the nation's biggest scrap-metal recycler. Glaucus Research Group called the company a fraud in a January 2013 report. Tianhe Chemicals Group Ltd. has been halted ...

Soren Aandahl: The American short-seller targeting Quintis

31 May 2017

Indian sandalwood company Quintis has this week lost its managing director, seen its hare price plummet, and had its credit rating outlook downgraded by ratings agency Moody's. Circling the damaged company is activist short-seller Glaucus Research Group and its research director Soren Aandahl.

Sandalwood company Quintis on the nose as credit rating downgraded further, and possible class action needed

11 May 2017

Director of research at Glaucus, Soren Aandahl, said the announcement by Quintis this week was "a bombshell" which vindicated his company's scrutiny of the ... While a range of short-sellers have cashed in, others are buying up, with the global investment firm Black Rock Group becoming a major shareholder and ...

After Quintis Victory, Short-Seller Glaucus Scours Australia

11 May 2017

Quintis Ltd., first targeted in a scathing piece of research from Glaucus ResearchGroup in March, was the worst performer on the Australian All Ordinaries index over the past five days. It tumbled 72 percent in Sydney trading this week after telling shareholders for the first time that it had lost a contract to supply sandalwood 

Glaucus: 'Itochu must be transparent'

2 Aug 2016

Soren Aandahl of Glaucus Research Group notes that the Japanese firms has three material accounting issues, and warns that Itochu's record profits are merely a mirage.

This expert sees China as a 'value-correction play'

10 Aug 2015

Soren Aandahl, director of research at Glaucus Research Group, says the recent correction in China's A-shares offer opportunities for investors to go long.

Glaucus Research has a 'sell' call on Ozner Water

16 Feb 2015

Soren Aandahl, director of Research at Glaucus Research Group, attributes the firm's "strong sell" rating to Ozner Water's "convoluted corporate history and financial metrics."

Buy A-Shares? Not a good idea, says this expert

17 Nov 2014

Soren Aandahl, Head of Research at Glaucus Research, says investors need to note that China's stock exchange falls short in accounting standards and Shanghai-listed firms lack transparency.

Tianhe case shows importance of SAIC filings: Pro

3 Sep 2014

Soren Aandahl, Director of Research at Glaucus Research, discusses the report by Anonymous Analytics which accused Tianhe Chemicals of overstating its revenue and profits.