Kenon holdings undervalued

It’s holdings are $zim 27% whose market cap is 3.8b or 1.03b to KENON HOLDINGS

They just sold their 12% stake in Qoros for 1.56 rmb which will be paid over installments. That is 240m usd

They have 120 m in cash

So that comes to 1.39b

Now they own 53% of OPC energy that is trading at a market cap of 6.3B INS Which is 2b or essentially 1b to Kenon

So since their are 53.88m shares outstanding

Shouldn’t the price be 2.39b/53m =42.6+ dollars and is trading at a massive discount?

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πŸ‘€︎ u/thisisclassicus
πŸ“…︎ Apr 28 2021
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(Bullish Signal) Kenon Holdings (KEN, $34.75) entered Uptrend as Momentum indicator ascends above 0 level on Jun 23, 2021 tickeron.com/news/1197464…
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πŸ“…︎ Jun 24 2021
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Clarification on ZIM insider sales and big holders' "restricted shares"

This was not easy to find so it look some deep digging. For US companies, insiders are required to file a form 4 when they sell. You can find this information easily on many web sites like Gurufocus. For foreign companies like ZIM, they're not required to file form 4. But they are required to file Form 144 when they sell restricted shares.

This information is not searchable on the SEC web site because a lot of people file them by emailing PDF files to the SEC. And the SEC web site only gives you a zipped dump by date. I did find a web site that archives them and shows them in a table. Here is the information for ZIM insider Form 144 sales:

I've compiled all the insider selling in this table below. The two entries that you should pay attention to are from the CEO, Eli Glickman. He has only sold 100,000 in September. Less than many of his lieutenants. I think he's holding out for that gigantic juicy dividend in February πŸ’°πŸ’°πŸ’°.

Date Person Position Shares Value
2021-11-04 Noam Nativ General Counsel 50,000 2,723,000
2021-11-04 Saar Dotan VP 20,000 1,089,200
2021-11-04 Ran Ben Yehuda VP 10,000 544,600
2021-11-02 Noam Nativ General Counsel 48,167 2,467,114
2021-11-02 David Alteras Arbel COO 12,267 628,316
2021-09-22 Danny Hoffman VP 70,875 3,961,204
2021-09-22 Eyal Ben Amram CIO 80,000 4,471,200
2021-09-06 Eli Glickman CEO 20,000 1,060,000
2021-09-03 Eli Glickman CEO 80,000 4,065,600
2021-09-03 Saar Dotan VP 40,000 2,032,800
2021-09-02 Rani Ben Yehuda VP 10,000 483,000
2021-09-02 Noam Nativ General Counsel 27,421 1,324,434
2021-09-01 Destriau Xavier CFO 3,167 154,201
2021-09-01 David Alteras Arbel COO 20,900 1,017,621
2021-09-01 Rani Ben Yehuda VP 22,000 1,071,180
2021-08-31 Rani Ben Yehuda VP 15,000 734,850
2021-08-31 Noam Nativ General Counsel 22,579 1,106,145
2021-08-31 Destriau Xavier CFO 9,500 465,405
2021-08-31 Rani Ben Yehuda VP 5,000 237,550
2021-08-25 Destriau Xavier CFO 37,500 1,738,875
2021-08-24 Yakov Baruch VP 51,962 2,393,889
2021-08-23 Eyal Ben Amram CIO 10,000 450,200
2021-08-23 Nissim Yochai VP 197,943 8,911,394
2021-08-23 David Alteras Arbel COO 65,000 2,926,300
2021-08-23 Yakov Baruch VP 80,000 3,601,600
2021-08-23 Rani Ben Yehuda VP 45,000 2,025,900
Total 1,054,281

Here are some caveats:

  • Form 144 is only required for sales of 5,000+ shares or $50K+ of "restricted shares".
  • Options to purchase ordinary shares are not subj
... keep reading on reddit ➑

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πŸ‘€︎ u/zrh8888
πŸ“…︎ Nov 07 2021
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[YOLO Update] Going All In On Steel (+πŸ΄β€β˜ οΈ) Update #20. Selling High IV Puts.
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πŸ‘€︎ u/Bluewolf1983
πŸ“…︎ Aug 28 2021
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SERIOUS: This subreddit needs to understand what a "dad joke" really means.

I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.

Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.

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πŸ‘€︎ u/anywhereiroa
πŸ“…︎ Jan 15 2022
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Just because it's a joke, doesn't mean it's a dad joke

Alot of great jokes get posted here! However just because you have a joke, doesn't mean it's a dad joke.

THIS IS NOT ABOUT NSFW, THIS IS ABOUT LONG JOKES, BLONDE JOKES, SEXUAL JOKES, KNOCK KNOCK JOKES, POLITICAL JOKES, ETC BEING POSTED IN A DAD JOKE SUB

Try telling these sexual jokes that get posted here, to your kid and see how your spouse likes it.. if that goes well, Try telling one of your friends kid about your sex life being like Coca cola, first it was normal, than light and now zero , and see if the parents are OK with you telling their kid the "dad joke"

I'm not even referencing the NSFW, I'm saying Dad jokes are corny, and sometimes painful, not sexual

So check out r/jokes for all types of jokes

r/unclejokes for dirty jokes

r/3amjokes for real weird and alot of OC

r/cleandadjokes If your really sick of seeing not dad jokes in r/dadjokes

Punchline !

Edit: this is not a post about NSFW , This is about jokes, knock knock jokes, blonde jokes, political jokes etc being posted in a dad joke sub

Edit 2: don't touch the thermostat

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πŸ‘€︎ u/CzarcasmRules
πŸ“…︎ Jan 23 2022
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Blind Girl Here. Give Me Your Best Blind Jokes!

Do your worst!

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πŸ‘€︎ u/Leckzsluthor
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I heard that by law you have to turn on your headlights when it’s raining in Sweden.

How the hell am I suppose to know when it’s raining in Sweden?

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πŸ‘€︎ u/justshtmypnts
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Puns make me numb

Mathematical puns makes me number

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πŸ‘€︎ u/tadashi4
πŸ“…︎ Jan 26 2022
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Petition to ban rants from this sub

Ants don’t even have the concept fathers, let alone a good dad joke. Keep r/ants out of my r/dadjokes.

But no, seriously. I understand rule 7 is great to have intelligent discussion, but sometimes it feels like 1 in 10 posts here is someone getting upset about the jokes on this sub. Let the mods deal with it, they regulate the sub.

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πŸ‘€︎ u/drak0ni
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French fries weren’t cooked in France.

They were cooked in Greece.

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This subreddit is 10 years old now.

I'm surprised it hasn't decade.

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πŸ‘€︎ u/frexyincdude
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When I was a single man, I had loads of free time.

Now that I listen to albums, I hardly ever leave the house.

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πŸ‘€︎ u/porichoygupto
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You've been hit by
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πŸ‘€︎ u/mordrathe
πŸ“…︎ Jan 20 2022
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I'm sick of you guys posting dumb wordplay in here for awards and upvotes.

Don't you know a good pun is its own reword?

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πŸ‘€︎ u/diggitygiggitycee
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My 4 year oldest favourit joke, which he very proudly memorized and told all his teachers.

Two muffins are in an oven, one muffin looks at the other and says "is it just me, or is it hot in here?"

Then the other muffin says "AHH, TALKING MUFFIN!!!"

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πŸ‘€︎ u/smoffatt34920
πŸ“…︎ Jan 22 2022
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Dropped my best ever dad joke & no one was around to hear it

For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.

I said "hey look, an escaPEA"

No one near me but it didn't half make me laugh for a good hour or so!

Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies πŸ˜‚

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πŸ‘€︎ u/Vegetable-Acadia
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So my mom is getting her foot cut off today.. (really)

We told her she can lean on us for support. Although, we are going to have to change her driver's license, her height is going down by a foot. I don't want to go too far out on a limb here but it better not be a hack job.

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What starts with a W and ends with a T

It really does, I swear!

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My wife left me because I couldn’t stop doing impressions of pasta

And now I’m cannelloni

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πŸ‘€︎ u/bluestratmatt
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Why did Karen press Ctrl+Shift+Delete?

Because she wanted to see the task manager.

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πŸ‘€︎ u/Eoussama
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I just flew in from Chernobyl

And boy are my arms legs.

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πŸ‘€︎ u/JhopkinsWA
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Steve JOBS would have made a better President than Donald Trump

But that’s comparing apples to oranges

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πŸ‘€︎ u/Ok-Ingenuity4838
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My 7 year old daughter just told me this one. I'm so proud. What did the duck say when he bought chapstick?

Put it on my bill

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So 2 trees got arrested in the town I live...

Heard they've been doing some shady business.

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No gains
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πŸ‘€︎ u/ridi86
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I was almost upset that my coffee tasted like dirt today

but then I remembered it was ground this morning.

Edit: Thank you guys for the awards, they're much nicer than the cardboard sleeve I've been using and reassures me that my jokes aren't stale

Edit 2: I have already been made aware that Men In Black 3 has told a version of this joke before. If the joke is not new to you, please enjoy any of the single origin puns in the comments

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How eggs-traordinary
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Geometry sucks
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What is a a bisexual person doing when they’re not dating anybody?

They’re on standbi

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What is the scariest tree?

BamBOO!

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My ten-year-old daughter came up with this at dinner tonight: What do you get if put a copy of Macbeth on top of a dictionary?

A play on words.

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A queen size statement.
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Did you know all dogs are made up of only 3 elements?

Calcium, nickel, neon

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Orion's belt
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πŸ‘€︎ u/mordrathe
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My son, Luke, loves how I named our kids after Star Wars characters...

My daughter, Chewbecca, not so much.

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Geddit? No? Only me?
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πŸ‘€︎ u/shampy311
πŸ“…︎ Dec 28 2021
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I wanna hear your best airplane puns.

Pilot on me!!

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E or ß?
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Which actor drives the least?

Christopher Walken

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πŸ‘€︎ u/TR1771N
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What did Spartacus say when the lion ate his wife?

Nothing, he was gladiator.

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πŸ‘€︎ u/rj104
πŸ“…︎ Jan 15 2022
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C, Eb, and G walk into a bar.

The bartender says, "Sorry, no minors”

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πŸ‘€︎ u/BlueMageTheWizard
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Pun intended.
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πŸ‘€︎ u/Sharmaji1301
πŸ“…︎ Jan 15 2022
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Kenon holdings 25%+ undervalued

It’s holdings are $zim 27% whose market cap is 3.8b or 1.03b to KENON HOLDINGS

They just sold their 12% stake in Qoros for 1.56 rmb which will be paid over installments. That is 240m usd

They have 120 m in cash

So that comes to 1.39b

Now they own 53% of OPC energy that is trading at a market cap of 6.3B INS Which is 2b or essentially 1b to Kenon

So since their are 53.88m shares outstanding

Shouldn’t the price be 2.39b/53m =42.6+ dollars and is trading at a massive discount?

The real float is 10m shares, what am I missing

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πŸ‘€︎ u/thisisclassicus
πŸ“…︎ Apr 28 2021
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Why does Spider-Man's calendar only have 11 months?

He lost May

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