ShadowFall focuses on uncrowded, liquid short ideas relating to companies that are listed in the UK and Continental Europe; exposing situations where the market value exceeds the intrinsic value.
Our approach ranges from researching into aggressive accounting, flawed business models, unethical business conduct and business misrepresentation.
ShadowFall is authorised and regulated by the United Kingdom’s Financial Conduct Authority (FCA).
The founders of ShadowFall recognise the dearth of high quality, actionable short ideas derived from the sell side analyst community. Against the grain of the widely recognised bias towards buy recommendations ShadowFall is able to take an independent and exhaustive approach to uncover opportunities.
We set out on each investigation with an impartial approach, free from having to make investment recommendations or set target prices and build a comprehensive case founded on verifiable facts.
If you are a professional investor and you are interested in our research offering please email us at [email protected].
Here you can download our most recent research report. For historical reports please see our content library.
ShadowFall has written an open letter to Ron Kalifa, OBE, Chairman of Network International Holdings Plc (NETW)