Yet Another Value Podcast
Yet Another Value Podcast
Andrew Walker
Jeremy Raper on his Serica engagement campaign (SQZ)
53 minutes Posted Jan 19, 2023 at 10:33 pm.
Intro 
What's happening at SQZ 
SQZ's past deal rejections and timing on this deal 
Why an "accretive" deal does not necessarily create value 
How this deal insulates management and discourages shareholder feedback 
Discussing SQZ's shareholder base
How this deal gives away a controlling stake in Serica for free 
What should shareholders who don't like this deal should do 
How Serica management will respond if the current vote fails 
Providing an update on the coal trade 
Discussing Unit Corp (UNTC)
0:00
53:52
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Show notes
Jeremy Raper returns to the podcast to discuss his latest "engagement campaign" at London listed Serica Energy (SQZ). In particular, he focuses on why Serica is trying to rush through their most recent deal and why shareholders should consider voting against the share issuance at the meeting next week.  
Jeremy's letter to Serica: https://rapercapital.com/wp-content/uploads/2023/01/open-letter-Serica-Board-1.pdf 
All of Jeremy's engagement campaigns: https://rapercapital.com/engagement-campaigns/  
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