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.

Equity Bottom-Up

<ul><li>TotalEnergies had a mixed result in the last quarter with revenues below expectations given that Brent was down 9% and European gas dropped by 50% compared to the previous quarter.</li><li>European gas has been above $15 per barrel and Brent above $18 per barrel, which is still high by historical standards.</li><li>Renewable power generation capacity increased by over 1 gigawatt to the previous quarter.</li></ul>

TotalEnergies had a mixed result in the last quarter with revenues below expectations given that Brent was down 9% and European gas dropped by 50% compared to the previous quarter.European gas has been above $15 per barrel and Brent above $18 per barrel, which is still high by historical standards.Renewable power generation capacity increased by over 1 gigawatt to the previous quarter.

TotalEnergies SE: Launch Of Battery Energy Storage Project & Other Developments

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul>
<li>
Four things to know about how China’s PE funds are helping revive real estate.
</li>
<li>
Beijing reaffirms Taiwan could adopt own social system after reunification.
</li>
<li>
China’s short-video app users top 1 billion.
</li>
</ul>



Four things to know about how China’s PE funds are helping revive real estate.


Beijing reaffirms Taiwan could adopt own social system after reunification.


China’s short-video app users top 1 billion.



CX Daily: Four Things to Know About How China’s PE Funds Are Helping Revive Real Estate

Asset Allocation & Fund Positioning, Copley Fund Research

Steven Holden

Asset Allocation & Fund Positioning

Copley Fund Research

Copley Fund Research provide research and data on asset allocation among Global and Emerging Market equity funds.  The analysis details absolute and relative positioning across countries, sectors and industries together with highly granular data on single stock and single fund allocations.  The data is updated monthly with time series going back to January 2011.

Global Research - Analysis of 165 prominent Global equity funds, combined AUM $335bn
GEM Research - Analysis of 127 prominent global EM equity funds, combined AUM $250bn

Asset Allocation - Global and GEM Equity

<ul>
<li>We identify stocks in the EMEA region that are filling the void created by Russia's removal from financial markets in 2022.</li>
<li>MENA stocks have benefitted from rotation, led by Saudi Aramco,  Emaar Properties and <a href="https://www.smartkarma.com/entities/saudi-basic-industries-corp" target="_blank" data-smartkarma-citation="entities:27316:1" rel="noopener">Saudi Basic Industries</a>
</li>
<li>Outside of MENA, South Africa remains an important destination, whilst <a href="https://www.smartkarma.com/entities/dino-polska-sa" target="_blank" data-smartkarma-citation="entities:27637:1" rel="noopener">Dino Polska SA (DNP PW)</a> and MOL are favoured in Eastern Europe</li>
</ul>


We identify stocks in the EMEA region that are filling the void created by Russia's removal from financial markets in 2022.
MENA stocks have benefitted from rotation, led by Saudi Aramco,  Emaar Properties and Saudi Basic Industries

Outside of MENA, South Africa remains an important destination, whilst Dino Polska SA (DNP PW) and MOL are favoured in Eastern Europe


Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Taiwan Stock Exchange Weighted Index / Technical Analysis

<ul>
<li>The bear market rally that we have discussed since our Sept. 29 Int'l Compass has managed to surpass our price targets, which were YTD downtrends on the ACWX-US and EFA-US.</li>
<li>As a result of these bullish reversals and breakdowns on the US dollar (DXY) and 10-year Treasury yield, we are upgrading our outlook to neutral.</li>
<li>Buy ideas on a pullback in: Consumer Discretionary, Energy, and Technology/Tech Services</li>
</ul>


The bear market rally that we have discussed since our Sept. 29 Int'l Compass has managed to surpass our price targets, which were YTD downtrends on the ACWX-US and EFA-US.
As a result of these bullish reversals and breakdowns on the US dollar (DXY) and 10-year Treasury yield, we are upgrading our outlook to neutral.
Buy ideas on a pullback in: Consumer Discretionary, Energy, and Technology/Tech Services


Bullish Reversals Continue: TAIEX, KOSPI, AEX, Hang Seng, CSI 300. Buy Cyclicals/Growth on Pullbacks

European Event-Driven Analyst

Jesus Rodriguez Aguilar

Event-Driven

<ul>
<li>Project Gemini seems to have been put on ice for at least twelve months, which is unsurprising given the volatility in energy markets and Government intervention.</li>
<li>Top shareholders IFM and CVC are committed to their investments. GIP has on paper gained almost the same amount it invested from dividends and share price increases. </li>
<li>The stake of GIP is worth c. €5 billion. I do not see TotalEnergiesto spending that money for a stake that would not grant it control over Naturgy.</li>
</ul>


Project Gemini seems to have been put on ice for at least twelve months, which is unsurprising given the volatility in energy markets and Government intervention.
Top shareholders IFM and CVC are committed to their investments. GIP has on paper gained almost the same amount it invested from dividends and share price increases. 
The stake of GIP is worth c. €5 billion. I do not see TotalEnergiesto spending that money for a stake that would not grant it control over Naturgy.


France

TOTAL S.A. explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. TOTAL operates gasoline filling stations in Europe, the United States, and Africa.

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TotalEnergies (TTE FP)

TotalEnergies SE: Launch Of Battery Energy Storage Project & Other Developments

TotalEnergies had a mixed result in the last quarter with revenues below expectations given that Brent was down 9% and European gas dropped by 50%...

Baptista Research

CX Daily: Four Things to Know About How China’s PE Funds Are Helping Revive Real Estate

Four things to know about how China’s PE funds are helping revive real estate. Beijing reaffirms Taiwan could adopt own social system after...

Caixin Global

Replacing Russia: EMEA Stock Screening

We identify stocks in the EMEA region that are filling the void created by Russia's removal from financial markets in 2022.

Steven Holden

Bullish Reversals Continue: TAIEX, KOSPI, AEX, Hang Seng, CSI 300. Buy Cyclicals/Growth on Pullbacks

Bullish reversals: Taiwan $TAIEX, Korea $KOSPI, Netherlands' $AEX reversing YTD downtrends, while Hang Seng $HSI and China's CSI 300 are reversing...

Vermilion Research

Naturgy Split Remains Frozen

Project Gemini seems to have been put on ice for at least twelve months, which is unsurprising given the volatility in energy markets and...

Jesus Rodriguez Aguilar

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