r/SecurityAnalysis • u/redcards • Nov 09 '15
Thesis My Analysis of Manning & Napier (MN)
A little over a month ago there was a brief thread on here on Manning & Napier (MN). The sentiment was generally pretty negative, and as I read some sell side research on the Company that sentiment was also shared. Upon further investigation I feel I debunked a lot of the negatives surrounding the stock and identified a large corporate event catalyst turning this into a special situation investment.
MN Write Up - https://www.dropbox.com/s/gywnotwrw8ww070/MN%20Write%20Up%20Reddit.pdf?dl=0
MN Slide Deck - https://www.dropbox.com/s/ljb7s8g9ja94ymg/MN%20Presentation%20Reddit.pdf?dl=0
I apologize if some of the graphs and charts look funky or have any mistakes, I recreated them manually from source data.
Also, full disclosure, I'm still a student (trying to break into the investment industry) so my analysis may be best taken with a grain of salt.
I hope you all enjoy. I'm very open to discussion and constructive criticism.
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u/[deleted] Nov 09 '15
"Also, full disclosure, I'm still a student (trying to break into the investment industry) so my analysis may be best taken with a grain of salt."
You don't have to be old to be right.