Category: Founder

Why Did Sahm Adrangi Issue A Negative Report On St. Joe Company

The Sahm Adrangi led Kerrisdale Capital took a short position in St Joe Company’s $1 Billion Florida real estate development deal. With the deal, St. Joe hopes to transform a chunk of desolate land into an attractive residential homes investment for retirees and commercial property for businesses near Panama City Beach. But Sahm doesn’t believe that the longtime real estate developer has the capacity to transform this desolate land into the $1 Billion valuations.

Why short?

According to Sahm Adrangi, St. Joe’s recent acquisition is nowhere near its previous land acquisitions. Unlike most beachfront that the company specializes in, the Panama City land lies in a swampy and desolate and remote area. Most importantly, it would require the developer to sell about 2700 residential homes and four hundred thousand square feet of office space consistently for 50 years in order to hit the $1 billion valuations.

Sahm points out that this would make this new development the top selling market in America. It would also mean that the new district sells more housing units annually than were absorbed by the entire panhandle region in 2017. Sahm Adrangi further mentions that the achievement of this remote area heavily relies on the development of the districts interior lands.

However, the fact that the company has done little in terms of filing for permits proves that it is struggling with the monetization of the Panama project. Additionally, the fact that no meaningful developments have been yielded despite St. Joe coming up proposing these developments over a decade ago is a testament that their investors should only continue to wait longer for the monetization.

More about Sahm Adrangi

Sahm is the founder and the current Chief Investment Officer (CIO) for the New York-based Kerrisdale Capital Management. Prior to founding Kerrisdale, Sahm Adrangi worked with different alternative investment institutions like Longacre Fund management as an investment analyst as well as Chanin Capital Partners where he served in their bankruptcy restructuring department. The alternative investment professional also holds Bachelors of Arts in Economics from Yale University. He is constantly advising the market on both the most and least attractive investment options of the time.

https://www.buzzfeed.com/sadotw/according-to-cnbc-sahm-adrangis-kerrisdale-capit-1inkl?utm_term=.hnyKbKp6B#.tyAQGQ7jE

Why Choose Waiakea Hawaiian Water vs The Competition

Waiakea Hawaiian water is at the top of its game right about now. This Hawaiian-based brand has only been around for six years, but it has literally helped to changed people’s lives for the better. The company, Waiakea, has been doing good deeds with some of its proceeds by installing well in Africa. It also donates fresh water to its local community in Malawi. These donations actually takes place on a weekly basis. Besides its philanthropic state-of-mind, the company produces some of the highest quality of water. This water is clean, is fresh and is purified. Unlike the competitors’ water that’s mainly stagnant, Waiakea’s water is constantly flowing to perfection.

Nestle Pure Life, Aquafina, Poland Spring and Evian are some of the top competitors that are on the market today. Did you know that the majority of the field is selling acidic water? This is absolutely true and acidic water is very dangerous if it’s being consumed on a regular basis. The cut-off point between acidic and alkaline water is generally around 7.0 on the pH scale. Unfortunately, only some of the field is barely making the cut and tap water falls extremely short of the 7.0 mark. Waiakea Hawaiian water works great for improving general health. It eradicates aggravating stomach acids, and it helps to regenerate proper cell productions in the body. Though everyone is different to a degree, clean water can definitely improve your health in a number of ways.

By supporting a brand like Waiakea, this company will have the means to support the less privileged. Waiakea dominates the news, especially when it comes to donations and doing good deeds. Working professionals, weekend warriors or stay-at-home moms can all benefit from consuming this water. In the end, Waiakea Hawaiian water has raised the bar extremely high, and it’s setting newer trends in the process.

https://www.instagram.com/waiakea/

https://www.glassdoor.com/Overview/Working-at-Wai%C4%81kea-EI_IE1984808.11,18.htm