Asia Ex-J Consumer/ Transport analyst

Valerie Law, CFA

Equity Bottom-Up

<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)

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

Developed international equities (MSCI EAFE) have been underperforming relative to global equities (MSCI ACWI). However, within EAFE, SMID-caps tell a different story and are a great source of investment ideas within the EAFE region. In today’s report we use a bottom-up approach to highlight actionable charts, sorted by market cap (all buys at current levels).

Developed international equities (MSCI EAFE) have been underperforming relative to global equities (MSCI ACWI). However, within EAFE, SMID-caps tell a different story and are a great source of investment ideas within the EAFE region. In today’s report we use a bottom-up approach to highlight actionable charts, sorted by market cap (all buys at current levels).

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

<ul><li>Price continues to be the primary reason for Singaporeans’ embrace of internet retailing</li><li>Qoo10 still maintains its position as Singapore’s largest internet retailing brand, but Amazon’s entry is expected to give it some competition</li><li>Internet retailing will continue to grow strongly in the coming years as it gradually becomes a habit</li></ul>

Price continues to be the primary reason for Singaporeans’ embrace of internet retailingQoo10 still maintains its position as Singapore’s largest internet retailing brand, but Amazon’s entry is expected to give it some competitionInternet retailing will continue to grow strongly in the coming years as it gradually becomes a habit

Sector Capsule: Internet Retailing in Singapore

Vice President Marketing, GP Bullhound

Iman Crisby

Vice President Marketing

Growth companies in the Technology sector

GP Bullhound

GP Bullhound is a technology investment bank providing independent strategic advice on Mergers & Acquisitions and Capital raising to leading technology entrepreneurs, companies and investors across the globe. Our passion for technology, our financial acumen and our understanding of the entrepreneur’s journey differentiate our advice from other investment banks. We help exceptional people build exceptional businesses to create more billion-dollar technology companies across Europe.

<h2>Europe's Billion-dollar Champions</h2>Europe’s billion-dollar businesses have become a barometer for the strength and growth of the industry. They attract unprecedented levels of investment into the sector, they develop unparalleled talent and expertise, and they inspire a vital confidence throughout the industry. This cohort has never been stronger.57 billion-dollar technology companies have now been founded in Europe in the last 17 years. In the past year, three businesses – Zalando, Supercell and…

Europe's Billion-dollar ChampionsEurope’s billion-dollar businesses have become a barometer for the strength and growth of the industry. They attract unprecedented levels of investment into the sector, they develop unparalleled talent and expertise, and they inspire a vital confidence throughout the industry. This cohort has never been stronger.57 billion-dollar technology companies have now been founded in Europe in the last 17 years. In the past year, three businesses – Zalando, Supercell and…

Titans of Tech (Part 3): Europe's Flagship Tech Companies

United Kingdom

ASOS PLC is a global, internet, fashion, retail business aimed at a client base aged between 20-30 years. The Company offers branded and own label products across womenswear and menswear. ASOS operates and distributes their product globally.

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ASOS PLC (ASC LN)

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

Focus on Outperforming EAFE SMID-Caps

Developed international equities (MSCI EAFE) have been underperforming relative to global equities (MSCI ACWI). However, within EAFE, SMID-caps...

Vermilion Research

Sector Capsule: Internet Retailing in Singapore

Price continues to be the primary reason for Singaporeans’ embrace of internet retailing Qoo10 still maintains its position as Singapore’s largest...

Euromonitor International Ltd.

Titans of Tech (Part 3): Europe's Flagship Tech Companies

Europe's Billion-dollar ChampionsEurope’s billion-dollar businesses have become a barometer for the strength and growth of the industry. They...

GP Bullhound

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