BBSP ASIA Equity - 14 March 2018
THE MAIN IDEA(Relative Value Approach in USD Terms)Long Term Allocation (Strategic view) Relative Value vsMXAP in USD terms⢠NIKKEI/MXAP: Long term...
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Minimal Impact on Our Asian Steel Coverage Following U.S.Steel Import Tariffs; FVEs Unchanged
After meeting with steel and aluminum executives at the White House on March 1, President Donald Trump announced that he'll be enacting a 25% steel...
179 Views
Confessions of a Shipping Analyst (Or, 'Voyage of the Damned, Asian Equity Research Version')
At the risk of making Smartkarma (SMARTKARMA SP) seem like a New Orleans confessional the day after Mardi Gras, here's another analyst 'confession'...
484 Views
Tesla - Missed Model 3 Deliveries as Expected; More Value at Its Suppliers than Tesla Itself
What's new?According to Tesla Motors Inc (TSLA US)'s press release yesterday, Tesla delivered 26,150 vehicles in 3Q17, up 19% q/q and up 5% y/y...
1.2k Views
Reinitiating Coverage of China Steel With No-Moat, Stable Trend Ratings, FVE of TWD 13.30
We are reinitiating coverage on China Steel Corp (2002 TT), or CSC, the largest steelmaker in Taiwan, with no-moat and stable moat trend ratings,...
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