The Spinoff Report

$8bn NYSE Spinoff Stock Undervalued by Market!

jimmyosman — Thu, 04 Feb 2010 14:36:04 +0000

LONDON & NEW YORK–(BUSINESS WIRE)–Cablevision (CVC), New York’s premier Triple Play telecoms provider (Television+ High Speed Internet+ Telephone) is to Spinoff its main subsidiary asset via a tax free transaction; the World renowned, Madison Square Garden (MSG), together with its core ‘Trophy Assets’ (eg. NY Knicks & NY Rangers).

Speaking on the rationale of the CVC / MSG separation, Jim Osman, CEO of TSR (The Spinoff Report – the world’s leading specialist that tracks and analyses Global Corporate Spinoffs and Special Situations ) “Our recent 50 page research finds upside of over 25% for CVC and over 45% for MSG. It will create two distinct companies, each with clear investment characteristics. Allowing shareholders to more clearly evaluate each of the separate company’s assets and future potential.”

Business Wire – Click for the full article

2010 Outlook: Over $400 Billion of Corporate Spinoff Deals to Complete, says The Spinoff Report (TSR)

admin — Sun, 31 Jan 2010 00:12:38 +0000

LONDON & NEW YORK–(EON: Enhanced Online News)–2009 was a memorable year for investing in selected Spinoffs.

Major markets, and more importantly, mid-mega cap companies are restructuring in an attempt to return to competitive form, TSR predict 2010 will be a vintage year for Corporate Spinoffs.

Since November 2007, their TSR Corporate Spinoff Portfolio has outperformed the S&P 500 and MSCI World Index by 75% and 77% respectively.
Read more below…

Business Wire – Click for the full article

2009 Year-End Performance Results of our Research & Recommendations

admin — Sun, 10 Jan 2010 02:54:27 +0000

Since Nov’ 2007, as a benchmark, our TSR Corporate Spinoff Portfolio of Research has outperformed the S&P 500 and MSCI World Index by 75% and 77% respectively (as at Dec’ 31 2009).

Click here to view our latest Performance Chart

AOL, The Spinoff Report, SumZero and 72% Outperformance vs S&P 500

admin — Wed, 16 Dec 2009 16:22:58 +0000

LONDON & NEW YORK–(BUSINESS WIRE)–Nine months after Time Warner’s (TWX) Spinoff of their Cable business (TWC), TWX is now becoming the lean outfit that Shareholders need. But what risks and hidden catalysts behold TWX and AOL going forward?

Speaking on AOL, Ryan Mendy, COO of, The Spinoff Report, “The Street suggests AOL will sink without TWX, so is this ‘The Start of the End’ for one of America’s Grand Brands? Not according to our detailed research. For example,
Read more below…

Business Wire – Click for the full article

EnCana / Cenovus – Pure Play Natural Gas Strategy to Pay Off Well

admin — Tue, 01 Dec 2009 00:37:04 +0000

Since its formation in 2002, EnCana has struggled to differentiate its two core assets. That struggle has especially hurt its oilsands interests, and has resulted in a share price that underperformed rivals. We believe the spinoff event will act as a positive catalyst enhancing shareholders value. We have an Absolute Buy rating on the parent (EnCana) and Buy rating on the Spinoff entity (Cenovus). Also an earlier Spinoff transaction of a Canadian company “Bankers Petroleum” operating in Oil & Gas sector which was done with a similar Spinoff rationale has performed exceedingly well. The Bankers Petroleum stock on which we had an Absolute Buy rating has generated 507% return since YTD. When we draw a parallel between the two spinoff stories, we are confident that this spinoff will also add value to shareholders.

Click here to view page 1 of the (58) page research note

$39bn Encana to Gain From Cenovus Spinoff, Says The Spinoff Report

admin — Mon, 23 Nov 2009 16:24:46 +0000

$39bn Encana to Gain From Cenovus Spinoff, Says The Spinoff Report

LONDON & NEW YORK–(BUSINESS WIRE)–Encana Corp. (ECA) the leading North American Natural Gas and Integrated Oil Company, is to Spinoff its subsidiary Cenovus, which accounts for 55% of its Revenues.

According to Jim Osman, CEO of, The Spinoff Report (the world’s leading specialist that tracks and analyses Global Corporate Spinoffs and Special Situations) Encana will benefit for the following reasons:
Read more below…

Business Wire – Click for the full article

The Spinoff Report – Excellent Two Year Performance Returns From Our Research & Recommendations

admin — Thu, 19 Nov 2009 16:41:16 +0000

The performance of our TSR Portfolio has continued to deliver. October was a another quality and stable month of growth from our Spinoff Investment Recommendations. It also saw us complete Two Full Years of Outperformance. Benchmarked against the MSCI World Index and S&P 500, our 20+ holdings have returned clients/investors 72% and 71.6% respectively.

Click here to view our Performance Chart

LMC (Entertainment) Split-Off: Games People Play

admin — Thu, 19 Nov 2009 16:40:24 +0000

Value discovery is a favorite play of management and this Split-Off primarily allows the market to value the entertainment assets more fairly. But the real benefit of the transaction would accrue to Mr. Malone, who will enjoy more voting power over DIRECTV, once the merger goes through. The transaction benefits him in two ways: More voting rights in DTV and value enhancement of his stake. Still, the transaction is beneficial to all stakeholders and we recommend a BUY.

Click here to view page 1 of the (44) page research note

$104Bn Special Situations Q4 Pipeline Heats Up with Liberty Media – Time Warner/Aol – Encana/Cenovus

admin — Tue, 10 Nov 2009 16:26:09 +0000

‘Big & Liquid’ Spinoff Stocks, but also; ‘Big & Not-Well Understood’.

NEW YORK–(BUSINESS WIRE)–TSR, the Global Standard and No.1 Specialist in the World is trusted and used by many of the smartest, Event-Driven and Value-Oriented Investment Funds around the World.

Q409 Pipeline: Read more below…

Business Wire – Click for the full article

Surging Global Spinoffs help TSR Portfolio Outperform S&P 500 By Over 70%

admin — Wed, 28 Oct 2009 16:27:01 +0000

Of the 40+ Spinoffs since Q4 2007, The Spinoff Report™ (TSR) Portfolio of Research has Outperformed the MSCI World Index and S&P500 by over 70%.

Ryan Mendy, TSR’s COO, noted that, “Serious investors are increasingly working with us because they acknowledge the distinction and edge we add to their investment decisions, exposing each Spinoff’s catalysts & risks ahead of its event date – Globally.”
Read more below…

Business Wire – Click for the full article