Added to YB: 2026-02-04
Pitch date: 2026-02-03
CRE [bullish]
Cre8 Enterprise Limited
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
Cre8 Enterprise Limited, through its subsidiaries, provides financial printing services in Hong Kong and the People’s Republic of China.
Market Cap
$35.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
0.59
P/E
6.38
EV/Sales
0.08
Sector
Commercial Services and Supplies
Category
special_situation
I have also added Conduit Insurance Holdings (CRE) cautiously
CRE (new position): Upstart reinsurer at 0.87x TBV (~0.80x adj for H2 results). Activist Victor Vallejo owns 10%, pushing for sale. New CEO Neil Eckert pivoting to Excess of Loss from Quota Share. Strong H2 setup: no Atlantic hurricane losses, potential CA wildfire reserve releases. Co. buying back 200k shares/day at 340-370p. Downside protected by discount to TBV & return-of-capital catalyst, but sizing small given historical underperformance.
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