AI and Global Deep Tech, Mint Finance

Uttkarsh Kohli

AI and Global Deep Tech

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Equity Bottom-Up

<ul>
<li>Amazon anticipates a 13% YoY rise in Q2 2024 revenue to $148.67 billion and a 58% YoY jump in EPS to $1.03, highlighting robust earnings.</li>
<li>AWS is expected to see a $1 billion increase in quarterly revenue, reflecting an 18% year-over-year growth, driven by custom AI chips and model training services.</li>
<li>Analysts have reaffirmed buy ratings for Amazon, with an average target price of $228, reflecting strong confidence in the company's growth prospects.</li>
</ul>


Amazon anticipates a 13% YoY rise in Q2 2024 revenue to $148.67 billion and a 58% YoY jump in EPS to $1.03, highlighting robust earnings.
AWS is expected to see a $1 billion increase in quarterly revenue, reflecting an 18% year-over-year growth, driven by custom AI chips and model training services.
Analysts have reaffirmed buy ratings for Amazon, with an average target price of $228, reflecting strong confidence in the company's growth prospects.


Amazon Q2 Earnings: Eyes on AWS Margins, Website Traffic, and Advancements in Chips

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

BrainBees Solutions / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/brainbees-solutions" target="_blank" data-smartkarma-citation="entities:36115:1" rel="noopener">BrainBees Solutions (0172540D IN)</a>, India’s largest multi-channel retailing platform for mothers’, babies’ and kids’ products, will launch an IPO to raise up to US$500 million.</li>
<li>We previously discussed the IPO in <a href="https://www.smartkarma.com/insights/brainbees-solutions-firstcry-ipo-the-bull-case" target="_blank" data-smartkarma-citation="insights:125537" rel="noopener">Brainbees Solutions (FirstCry) IPO: The Bull Case</a> and <a href="https://www.smartkarma.com/insights/brainbees-solutions-firstcry-ipo-the-bear-case" target="_blank" data-smartkarma-citation="insights:125973" rel="noopener">Brainbees Solutions (FirstCry) IPO: The Bear Case</a>. In this note, we examine the RHP update.</li>
<li>The RHP shows that positives (KPIs heading in the right direction, margin improvement, lower cash burn) offset the negatives (declining organic growth and deteriorating balance sheet).    </li>
</ul>



BrainBees Solutions (0172540D IN), India’s largest multi-channel retailing platform for mothers’, babies’ and kids’ products, will launch an IPO to raise up to US$500 million.
We previously discussed the IPO in Brainbees Solutions (FirstCry) IPO: The Bull Case and Brainbees Solutions (FirstCry) IPO: The Bear Case. In this note, we examine the RHP update.
The RHP shows that positives (KPIs heading in the right direction, margin improvement, lower cash burn) offset the negatives (declining organic growth and deteriorating balance sheet).    


Brainbees Solutions (FirstCry) IPO: The Investment Case

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/brainbees-solutions" target="_blank" data-smartkarma-citation="entities:36115:1" rel="noopener">BrainBees Solutions</a> is looking to raise up to US$500m in its upcoming India IPO. </li>
<li>FirstCry is India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products in terms of GMV, for the year ending Dec 2022 (9M23), according to RedSeer.</li>
<li>We have looked at the company’s past performance in our previous notes. In this note, we will talk about its updated financials in the RHP.</li>
</ul>



BrainBees Solutions is looking to raise up to US$500m in its upcoming India IPO. 
FirstCry is India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products in terms of GMV, for the year ending Dec 2022 (9M23), according to RedSeer.
We have looked at the company’s past performance in our previous notes. In this note, we will talk about its updated financials in the RHP.


Brainbees Solutions (FirstCry) IPO - RHP Updates - Growing but Slowing

Podcast by Magellan Asset Management, Magellan Asset Management

MAGELLAN - IN THE KNOW

Podcast by Magellan Asset Management

Magellan Asset Management

‘In The Know’ is a new monthly investment podcast brought to you by Magellan Asset Management, one of Australia’s leading global equities investors. We seek to bring you timely, unique and thought-provoking insights to help you make sense of today’s investment landscape. From deep dives into the latest macroeconomic and geopolitical issues, to our analysis on sectors and stocks on global markets. Join Magellan, as they connect with a myriad of experts in their field, including CEOs of stocks we hold, global leaders and consultants in finance, investing, risk and politics, and key members of our investment team and business. ‘In The Know’ - a monthly podcast from Magellan is worth investing your time in! Magellan - Experts in global investing.

Thematic (Sector/Industry)

<ul><li>Covid created unusual demand trends causing some companies to invest in the wrong areas</li><li>Current consumer landscape is cautious with consumers spending less due to inflation and interest rates</li><li>Market is cautious on consumer sector, presenting buying opportunities for quality companies</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Covid created unusual demand trends causing some companies to invest in the wrong areasCurrent consumer landscape is cautious with consumers spending less due to inflation and interest ratesMarket is cautious on consumer sector, presenting buying opportunities for quality companiesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

From Resilient Retailers to Struggling Brands - A consumer sector deep dive

Managing Director, Zero One, Zero One

Vincent Fernando, CFA

Managing Director, Zero One

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

<ul>
<li>10-15% Market Share for Server Chassis -- Chenbro is one of the leading producers of server chassis in the world.</li>
<li>Key Nvidia Development Partner -- Chenbro produces servers for most major data center names including AWS and China's BAT, as well as for Nvidia servers and architecture.</li>
<li>New Server Market Color to Be Released Soon -- The company is well positioned to expand capacity as the market expands and is expected to release 2Q24E earnings in early-August.</li>
</ul>


10-15% Market Share for Server Chassis -- Chenbro is one of the leading producers of server chassis in the world.
Key Nvidia Development Partner -- Chenbro produces servers for most major data center names including AWS and China's BAT, as well as for Nvidia servers and architecture.
New Server Market Color to Be Released Soon -- The company is well positioned to expand capacity as the market expands and is expected to release 2Q24E earnings in early-August.


TechChain Insights: Visit with Nvidia Server Chassis Producer Chenbro; A Ubiquitous Supplier

United States

Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company's products include books, music, videotapes, computers, electronics, home and garden, and numerous other products.  Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.

Price Gauge
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Amazon (AMZN US)

Amazon Q2 Earnings: Eyes on AWS Margins, Website Traffic, and Advancements in Chips

Amazon's Q2 2024 earnings report, due 1/Aug, is expected to show 58.5% YoY growth in EPS driven by AWS expansion, e-commerce performance, and...

Mint Finance

Brainbees Solutions (FirstCry) IPO: The Investment Case

The RHP shows that positives (KPIs heading in the right direction, margin improvement, lower cash burn) offset the negatives (declining organic...

Arun George

Brainbees Solutions (FirstCry) IPO - RHP Updates - Growing but Slowing

BrainBees Solutions is looking to raise up to US$500m in its upcoming India IPO. In this note, we talk about the updates from its recent filings.

Sumeet Singh

From Resilient Retailers to Struggling Brands - A consumer sector deep dive

Covid created unusual demand trends causing some companies to invest in the wrong areas. Current consumer landscape is cautious with consumers...

MAGELLAN - IN THE KNOW

TechChain Insights: Visit with Nvidia Server Chassis Producer Chenbro; A Ubiquitous Supplier

Chenbro holds 10-15% market share in server chassis, serving major data center names like AWS and Nvidia, with new server market color to be...

Vincent Fernando, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Amazon Q2 Earnings: Eyes on AWS Margins, Website Traffic, and Advancements in Chips

Amazon's Q2 2024 earnings report, due 1/Aug, is expected to show 58.5% YoY growth in EPS driven by AWS expansion, e-commerce performance, and...

Mint Finance

Brainbees Solutions (FirstCry) IPO: The Investment Case

The RHP shows that positives (KPIs heading in the right direction, margin improvement, lower cash burn) offset the negatives (declining organic...

Arun George

Brainbees Solutions (FirstCry) IPO - RHP Updates - Growing but Slowing

BrainBees Solutions is looking to raise up to US$500m in its upcoming India IPO. In this note, we talk about the updates from its recent filings.

Sumeet Singh

From Resilient Retailers to Struggling Brands - A consumer sector deep dive

Covid created unusual demand trends causing some companies to invest in the wrong areas. Current consumer landscape is cautious with consumers...

MAGELLAN - IN THE KNOW

TechChain Insights: Visit with Nvidia Server Chassis Producer Chenbro; A Ubiquitous Supplier

​Chenbro holds 10-15% market share in server chassis, serving major data center names like AWS and Nvidia, with new server market color to be...

Vincent Fernando, CFA

Chenbro holds 10-15% market share in server chassis, serving major data center names like AWS and Nvidia, with new server market color to be...