Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

Mid Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week • Although ASX remains within its 3-month range (below 5775) the ratio ASX/MXAP drifted to key support for an expected bounce reaction. Therefore, giving bias for ASX to shape a bullish exit from its range and outperform MXAP. (ref new AU strategies). • Rating unchanged for the rest of the countries. Outperformance in progress for Japan (Nikkei), Korea (Kospi) and HK, China (HSI, HSCEI). Still…

Mid Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week • Although ASX remains within its 3-month range (below 5775) the ratio ASX/MXAP drifted to key support for an expected bounce reaction. Therefore, giving bias for ASX to shape a bullish exit from its range and outperform MXAP. (ref new AU strategies). • Rating unchanged for the rest of the countries. Outperformance in progress for Japan (Nikkei), Korea (Kospi) and HK, China (HSI, HSCEI). Still…

Equity Asia Weekly Research - 11 Oct 2017

Uni President Enterprises / Technical Analysis

Mid-Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week • Taiwan (TWSE) and India (NIFTY) underperformed our benchmark (MXAP). Taiwan rating has already been downgraded from last week. India is now joining through a tactical downgrade from “Increase exposure” to “hold”. Therefore both countries are not the best pick (for now) within our global indices and long-term bullish scenario. • Outperformance of Japan (Nikkei), Korea (Kospi) in progress and HK…

Mid-Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week • Taiwan (TWSE) and India (NIFTY) underperformed our benchmark (MXAP). Taiwan rating has already been downgraded from last week. India is now joining through a tactical downgrade from “Increase exposure” to “hold”. Therefore both countries are not the best pick (for now) within our global indices and long-term bullish scenario. • Outperformance of Japan (Nikkei), Korea (Kospi) in progress and HK…

Asia-Focused Industry Research, Speeda Research

Speeda

Asia-Focused Industry Research

Speeda Research

Speeda Research analysts cover China, Japan, India and SEA on the latest trends and topics. We have analysts of diverse nationalities who are able to access information in their respective local languages to provide customers with comprehensive reports. With access to private company data in these regions, Speeda Research is also able to provide insights into niche sectors which are not usually covered by other parties. We are also able to undertake ad hoc company and industry research reports.

Thematic (Sector/Industry)

NDA Government Promotes Disinvestment as a Tool to Improve Corporate Governance and Efficiency of Public Sector UndertakingsPrivatisation served as a crucial agenda for Margaret Thatcher who came into power under the pretext that the government had no business to be in business. By the end of her term, 670 public sector companies had been privatised. India began its own model of disinvestment in 1991-92 as part of its economic reforms. The process was expedited after the formation of the…

NDA Government Promotes Disinvestment as a Tool to Improve Corporate Governance and Efficiency of Public Sector UndertakingsPrivatisation served as a crucial agenda for Margaret Thatcher who came into power under the pretext that the government had no business to be in business. By the end of her term, 670 public sector companies had been privatised. India began its own model of disinvestment in 1991-92 as part of its economic reforms. The process was expedited after the formation of the…

ETFs and Retail Discounts Seen as Tools to Speed Up Disinvestments in Indian Public Sector Companies

Doing bespoke work since 2002....., Custom Products Group

Patrick Hansen

Doing bespoke work since 2002.....

Custom Products Group

Custom Products was started 14 years ago at Lehman Brothers by current co-founder Patrick Hansen, CFA. After 3 years at Lehman, Patrick moved the team to Macquarie Securities where Simon Rigney (co-founder) joined. 3 years ago we took Custom Products independent. 

Our core strength can be summed up three words. 1- Customization - we have very little off the shelf products and most work is done on a one on one bespoke basis. 2- Speed - We pride ourselves in our ability to get requests back to the client very quickly. 3- Confidentiality - We do not redistribute. There is no grace period where we wait a week and then mass blast. Any request stops with that client.

We continue to track the Analyst Upgrades / Downgrades over the previous 2 week to identify potential trends in popularity. Which Sectors / Countries do the Analysts like and which ones do they not. Overall there were approx. 20% more downgrades than upgrades over the last 2 weeks.<h2>% of Upgrades relative to Total (Country Level)</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/024/226/original/1.png?1492102101" class="editor-image img-responsive" data-smartkarma-image-id="24226"></figure><div class="content-caption">Source: Custom Products</div>Taiwan and India had the most upgrades relative to total recommendations in the last two weeks. In Taiwan, 37 names had a least 1 upgrade. <a href="https://www.smartkarma.com/entities/745" target="_blank" data-smartkarma-citation="entities:745:1">Hon Hai</a>…

We continue to track the Analyst Upgrades / Downgrades over the previous 2 week to identify potential trends in popularity. Which Sectors / Countries do the Analysts like and which ones do they not. Overall there were approx. 20% more downgrades than upgrades over the last 2 weeks.% of Upgrades relative to Total (Country Level)Source: Custom ProductsTaiwan and India had the most upgrades relative to total recommendations in the last two weeks. In Taiwan, 37 names had a least 1 upgrade. Hon Hai…

Most Popular / Unpopular Sectors and Countries in Asia - Ex Japan (Last 2 Weeks)

Founder, Riedel Research

David Riedel

Founder

Independent equity research on GEM Markets

Riedel Research

Riedel provides equity research and analysis to leading financial organizations. By becoming members of a region (Asia, Latin America, Emerging Europe or Global), organizations have access to an integrated set of services including:

Regular company coverage reports
Up-to-date investment decision advice (buy, hold, sell)
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Customized company reports and unlimited on-line access to the program's services.

Riedel provides research coverage of companies across the full range of market capitalization. Experienced research professionals in each market develop company reports and analysis as well as earnings models and projections. Ratings are Buy, Hold and Sell with a focus on compelling investment ideas - both long and short. Downloadable, dynamic earnings models are built to facilitate sensitivity analysis.

Please feel free to contact us for complimentary access to our written research.  We want to show you that our unique research flow can add value and help develop a long-term, high value-add relationship.

Riedel's model focuses on providing clients with unique insights and consulting in addition to unlimited access to all produced research This model allows members to receive exponential benefits for their retainer fees.

Hungary: Faster earnings growth should drive GDP higher in coming months. Mexico: Expected to raise rates 50bps next Thursday in the wake of inflation reported this week at 5.3% (the highest rate in 8 years).  This is a critical positive development for the Peso. Saudi Arabia: Has the most to lose from lower prices as this complicates attempts to diversify their economy.  Iran is less concerned as they are just coming off of sanctions and any revenue they get is better than before.  Iraq would…

Hungary: Faster earnings growth should drive GDP higher in coming months. Mexico: Expected to raise rates 50bps next Thursday in the wake of inflation reported this week at 5.3% (the highest rate in 8 years).  This is a critical positive development for the Peso. Saudi Arabia: Has the most to lose from lower prices as this complicates attempts to diversify their economy.  Iran is less concerned as they are just coming off of sanctions and any revenue they get is better than before.  Iraq would…

Who Wins and Who Loses from Oil Under $50? Hint: Invest in Asia

India

Bharat Petroleum Corporation Limited explores for and refines crude oil. The Company manufactures petroleum, petroleum products, lubricants, liquefied petroleum gas, aromatics like benzene and toluene, and other related products. Bharat has retail outlets throughout the country.

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Bharat Petroleum Corp (BPCL IN)

Equity Asia Weekly Research - 11 Oct 2017

Mid Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week• Although ASX remains within its 3-month...

BBSP Asia

BBSP Single Stock Asia Weekly

Mid-Term Country Allocation (Tactical view) in terms of Relative Value vs MXAPWhat's new from last week• Taiwan (TWSE) and India (NIFTY)...

BBSP Asia

ETFs and Retail Discounts Seen as Tools to Speed Up Disinvestments in Indian Public Sector Companies

NDA Government Promotes Disinvestment as a Tool to Improve Corporate Governance and Efficiency of Public Sector UndertakingsPrivatisation served as...

Speeda Research

Most Popular / Unpopular Sectors and Countries in Asia - Ex Japan (Last 2 Weeks)

We continue to track the Analyst Upgrades / Downgrades over the previous 2 week to identify potential trends in popularity. Which Sectors /...

Custom Products Group

Who Wins and Who Loses from Oil Under $50? Hint: Invest in Asia

Hungary: Faster earnings growth should drive GDP higher in coming months.Mexico: Expected to raise rates 50bps next Thursday in the wake of...

David Riedel

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