NEW YORK, May 8 (Reuters) - Hedge fund investor Keith Meister of Corvex Management LP on Monday kicked off the year's most prominent investment conference by laying out the case for CenturyLink Inc (NYSE:CTL) CTL.N shares, which he believes have an upside of 43 percent.
Fine Capital Partners founder Debra Fine said she sees the fair value of DHX Media's DHXb.TO shares at C$20 to C$30 and the company's EBITDA more than doubling in four years because children's content is valuable and in demand. She said that the market has ignored the value of DHX's tax position and undervalued the track record of its management team.
Below is a table listing some of the hedge fund managers who have spoken, or will speak, at the Sohn Investment Conference in New York, in order of appearance, and the investment ideas they presented to the audience:
INVESTOR
FIRM
STOCK/BOND/CU NOTES
RRENCY
Keith Meister Corvex
Bullish on
Said
Management CenturyLink
CenturyLink/Level 3
LP
Inc CTL.N
merger is "game
changing," revealed
Corvex owns 5.5
percent of
CenturyLink. Debra Fine
Fine
Long DHX
Pegged DHX Media's
Capital
Media Ltd
fair value at
Partners LP DHXb.TO
C$20-C$30. Bill Ackman
Pershing
Pitched long Ackman has owned
Square (NYSE:SQ)
investment in HHC shares for some
Capital
Howard Hughes years. Said South
Management Corp HHC.N
Street Seaport is
LP
highly valuable.
Cited great
management team,
tax efficiency,
excellent locations
in United States. Chamath
Social
Palihapitiya
Capital LP
Davide Serra
Algebris
Investments
Cliff Robbins Blue
Harbour
Group LP
David Einhorn Greenlight
Capital Inc
Jeff Gundlach DoubleLine
Capital LP
Brad Gerstner Altimeter
Capital
Josh Resnick
Jericho
Capital
Asset
Management
LP
Larry Robbins Glenview
Capital
Management
LLC