Research from Redeye, Redeye AB

Redeye

Research from Redeye

Redeye AB

Specialists in innovative and fast-growing Nordic companies within Life Science and Technology.

Redeye is the next generation equity research and investment banking company, specialized in Life Science and Technology. We are the leading provider of Corporate Broking and Corporate Finance in these sectors.

Our clients are innovative growth companies in the Nordics and we use a unique Rating model based on a value based investment philosophy. Redeye was founded 1999 in Stockholm and is regulated by the Swedish Financial Authority (Finansinspektionen).

Equity Bottom-Up

Argo Defence Group AB operates as a defense company. The Company offers container-based shelters, explosive ordnance disposal and demining systems, medical training equipment, ammunition, mobile infrastructure, and antenna technology for resilient communication. Argo Defence Group serves military and civil defense sectors in Sweden.

<ul><li>Redeye comments on Argo’s announcement that Disarmament Solutions Ukraine (DSUA) has been awarded a SEK17m contract for specialised defence technology.</li></ul>

Redeye comments on Argo’s announcement that Disarmament Solutions Ukraine (DSUA) has been awarded a SEK17m contract for specialised defence technology.

Argo Defence Group: DSUA awarded SEK17m contract

Senior Technology Analyst, Japanese Equities, LightStream Research

Scott Foster

Senior Technology Analyst, Japanese Equities

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Terra Drone Corp. offers drone services. The Company provides aerial survey, infrastructure inspection, data analysis, agricultural activity support, and other services. Terra Drone also conducts drone development, drone system development, and other businesses.

<ul>
<li>Terra Drone has invested in its two Ukrainian partners, turning them into consolidated subsidiaries. It can now be regarded as an active participant in the Ukraine war.</li>
<li>The company remains in the red, but the bonds with warrants issue made in July should cover capital spending through January 2030. By then, it should break even. </li>
<li>At ¥14,050, the shares are approaching their May high. As a result of the financing, the PBR has dropped from 29X to 7X,</li>
</ul>


Terra Drone has invested in its two Ukrainian partners, turning them into consolidated subsidiaries. It can now be regarded as an active participant in the Ukraine war.
The company remains in the red, but the bonds with warrants issue made in July should cover capital spending through January 2030. By then, it should break even. 
At ¥14,050, the shares are approaching their May high. As a result of the financing, the PBR has dropped from 29X to 7X,


Terra Drone (278A JP): Ukrainian Subsidiaries in the Line of Fire

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Chevron Corporation is an integrated energy company with operations in countries located around the world.  The Company produces and transports crude oil and natural gas.  Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.

<ul><li>Chevron has spent decades building one of the world’s most productive oil operations in Kazakhstan, but the Russia-Ukraine war has now reached the project’s most vulnerable link.</li><li>CEO Mike Wirth recently spoke with Trump administration officials about protecting Chevron’s interests after Ukrainian drones struck four tankers near the Russian Black Sea port of Novorossiysk, including one vessel chartered by the company.</li><li>The attacks restricted crude loadings from the Caspian Pipeline Consortium, or CPC, a critical export system carrying approximately 2% of the world’s daily oil supply.</li></ul>

Chevron has spent decades building one of the world’s most productive oil operations in Kazakhstan, but the Russia-Ukraine war has now reached the project’s most vulnerable link.CEO Mike Wirth recently spoke with Trump administration officials about protecting Chevron’s interests after Ukrainian drones struck four tankers near the Russian Black Sea port of Novorossiysk, including one vessel chartered by the company.The attacks restricted crude loadings from the Caspian Pipeline Consortium, or CPC, a critical export system carrying approximately 2% of the world’s daily oil supply.

Chevron’s $6 Billion Black Sea Gamble Is Suddenly In Danger!

High Conviction Concentrated Growth Investing, Fallacy Alarm

Fallacy Alarm

High Conviction Concentrated Growth Investing

High conviction concentrated growth investing. Blends single stock, macro and thematic research into powerful long and short ideas. I am convinced that a robust and comprehensive investment process requires macro and micro considerations. And it requires a deep understanding what you are looking for and what you are invested in. Digitization has changed the dynamics both how businesses operate and how investors compete for returns. Ideas can scale much faster and fail much faster than before. The biggest value creation happens before it can be spotted in financial statements. As a result, my approach can be best summarized as high conviction, high concentration growth investing, embedded into a macro framework built on the realization that our current demographic set-up, monetary paradigm and innovation cycle will likely deliver a strong decade for nominal and real returns of productive assets.

Cross Asset Strategy

<ul><li>The most useful way to think about the current war in eastern Europe is not to frame it as a confrontation between Ukraine and Russia, but between the EU and Russia.</li><li>And since Germany is the leading country in the EU, it’s ultimately a confrontation between Germany and Russia.</li><li>These two have repeatedly clashed for hundreds of years. And every time, this has caused devastation for the entire continent and beyond. They are the deadliest neighbors on this planet.</li></ul>

The most useful way to think about the current war in eastern Europe is not to frame it as a confrontation between Ukraine and Russia, but between the EU and Russia.And since Germany is the leading country in the EU, it’s ultimately a confrontation between Germany and Russia.These two have repeatedly clashed for hundreds of years. And every time, this has caused devastation for the entire continent and beyond. They are the deadliest neighbors on this planet.

🔎Is Europe sleepwalking into World War III?

Decoding the Future of MENA Financial Markets, MENA Market Lab

Denis Collot

Decoding the Future of MENA Financial Markets

MENA Market Lab

Decoding the future of Middle East and North Africa Financial markets

<ul><li>Fitch affirms Saudi’s ratings to A+, stable outlook.                     </li><li>Kuwait issues another 150mn KWD 3-year.</li><li>A mix bag of recent non-oil PMI’s for the region. • Local liquidity gives the tempo for FX Sar.</li></ul>

Fitch affirms Saudi’s ratings to A+, stable outlook.                     Kuwait issues another 150mn KWD 3-year.A mix bag of recent non-oil PMI’s for the region. • Local liquidity gives the tempo for FX Sar.