Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

Travelsky Technology Ltd H / Equity Bottom-Up

<h2>Executive Summary</h2>
Nearing Christmas and Chinese New Year period, Travelsky's share price has typically increased between 9-20%. Investors should really consider initiating a LONG BUY in Travelsky given that valuation has been stable, an insulated business exposure from the instability caused by trade tension, and the coming of Chinese New Year period which typically brings positive sentiment for the stock. Trading at 20x PER with consistent growth in the second-largest economy in the world, the stock does not sound expensive at all. 
Please send me a message if you would like to know about some other stocks that you have an interest in. Also, please click the Appreciate button if you found this Insight helpful - its free, anonymous and helps us understand if similar Insights have an audience.

Executive Summary
Nearing Christmas and Chinese New Year period, Travelsky's share price has typically increased between 9-20%. Investors should really consider initiating a LONG BUY in Travelsky given that valuation has been stable, an insulated business exposure from the instability caused by trade tension, and the coming of Chinese New Year period which typically brings positive sentiment for the stock. Trading at 20x PER with consistent growth in the second-largest economy in the world, the stock does not sound expensive at all. 
Please send me a message if you would like to know about some other stocks that you have an interest in. Also, please click the Appreciate button if you found this Insight helpful - its free, anonymous and helps us understand if similar Insights have an audience.

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

Despite several indexes recently touching new 52+ week highs, broad global indexes (MSCI ACWI, ACWI ex-US, EAFE, and EM) remain near logical resistance, and indicators continue to send mixed signals. As a result we are hesitant to get too bullish or bearish. Instead we want to focus on Sector/Group/industry themes where we bottoming price and RS, or attractive pullback opportunities within established price and RS uptrends.  In this report we highlight such opportunities, within the Technology, Consumer Staples and Services Sectors.

Despite several indexes recently touching new 52+ week highs, broad global indexes (MSCI ACWI, ACWI ex-US, EAFE, and EM) remain near logical resistance, and indicators continue to send mixed signals. As a result we are hesitant to get too bullish or bearish. Instead we want to focus on Sector/Group/industry themes where we bottoming price and RS, or attractive pullback opportunities within established price and RS uptrends.  In this report we highlight such opportunities, within the Technology, Consumer Staples and Services Sectors.

Global Equity Strategy: Not Too Bullish, Not Too Bearish

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index.  In today’s report we take a bottoms-up view on developed ex-U.S. equities, highlighting stocks that present attractive buy opportunities within the Communications, Health Care, Manufacturing, Materials, Technology, Transportation, and Utilities Sectors

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index.  In today’s report we take a bottoms-up view on developed ex-U.S. equities, highlighting stocks that present attractive buy opportunities within the Communications, Health Care, Manufacturing, Materials, Technology, Transportation, and Utilities Sectors

Bottoms-Up View on Developed Markets: Actionable Stocks, Part 2

Asia Ex-J Consumer/ Transport analyst

Valerie Law, CFA

<ul>
<li>With a small market cap barely touching SGD 100m, YVEN is easy to be passed up by fund managers. However, its data-centric approach to e-commerce, its strategtic partnerships, plus upcoming ICO for its subsidiary can make for interesting catalysts. Details are discussed in a three-part series.</li>
<li>In Part 2 of this three part series, we discuss the company's growth through partnerships and M&amp;A, financials, catalysts, and risks. </li>
</ul>


With a small market cap barely touching SGD 100m, YVEN is easy to be passed up by fund managers. However, its data-centric approach to e-commerce, its strategtic partnerships, plus upcoming ICO for its subsidiary can make for interesting catalysts. Details are discussed in a three-part series.
In Part 2 of this three part series, we discuss the company's growth through partnerships and M&amp;A, financials, catalysts, and risks. 


Y Ventures: A Potential to Double (Part 2)

<ul class="">
<li>With a small market cap barely touching SGD 100m, Y Ventures Group (YVEN) might easily be overlooked by fund managers. However, its data-centric approach to e-commerce, its partnership with SingPost and a joint venture with a blockchain developer for its upcoming buyer platform, all make for interesting catalysts. Details will be discussed in a three-part series.</li>
<li>Part 1 presents some possible reasons for recent share price softness, an overview of YVEN’s business, its unique approach to e-commerce,  channel checks, and industry growth supportive for doubling its e-commerce revenues..</li>
<li>Part 2 discusses YVEN’s non-organic growth plans, financials, catalysts, valuation, and risks.</li>
<li>Part 3 discusses my views on the upcoming ICO for Luminore 8 (its subsidiary), which is the first ICO done by a listed company.</li>
</ul>


With a small market cap barely touching SGD 100m, Y Ventures Group (YVEN) might easily be overlooked by fund managers. However, its data-centric approach to e-commerce, its partnership with SingPost and a joint venture with a blockchain developer for its upcoming buyer platform, all make for interesting catalysts. Details will be discussed in a three-part series.
Part 1 presents some possible reasons for recent share price softness, an overview of YVEN’s business, its unique approach to e-commerce,  channel checks, and industry growth supportive for doubling its e-commerce revenues..
Part 2 discusses YVEN’s non-organic growth plans, financials, catalysts, valuation, and risks.
Part 3 discusses my views on the upcoming ICO for Luminore 8 (its subsidiary), which is the first ICO done by a listed company.


Y Ventures Group: A Potential to Double (Part 1)

Spain

Amadeus IT Holding SA processes transactions for the global travel and tourism industry.  The Company processes transactions for airlines, hotels, rail operators, cruise lines and ferry operators, car rental companies, and tour operators.

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Amadeus It Holding Sa (AMS SM)

Travelsky (696): Flying for CNY

Executive Summary Nearing Christmas and Chinese New Year period, Travelsky's share price has typically increased between 9-20%. Investors should...

Henry Soediarko

Global Equity Strategy: Not Too Bullish, Not Too Bearish

Despite several indexes recently touching new 52+ week highs, broad global indexes (MSCI ACWI, ACWI ex-US, EAFE, and EM) remain near logical...

Vermilion Research

Bottoms-Up View on Developed Markets: Actionable Stocks, Part 2

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index. In today’s report...

Vermilion Research

Y Ventures: A Potential to Double (Part 2)

With a small market cap barely touching SGD 100m, YVEN is easy to be passed up by fund managers. However, its data-centric approach to e-commerce,...

Valerie Law, CFA

Y Ventures Group: A Potential to Double (Part 1)

With a small market cap barely touching SGD 100m, Y Ventures Group (YVEN) might easily be overlooked by fund managers. However, its data-centric...

Valerie Law, CFA

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