Independent Research, US Dominant Players, Investment Talk

Investment Talk

Independent Research, US Dominant Players

Investment Talk is for readers who wish to learn about companies that are potentially outside of their own circle of research, as well as those who are longing to become part of a community of like-minded investors and learn more about investment research. I would describe myself as a long-term investor who typically takes a 3Y to 5Y outlook, before reassessing once that period matures. I follow the adage that one should research, reach a conclusion, and then verify and continue to hold so long as the thesis remains intact. My own investing style is one that seeks to find dominant players within their respective market who have shown signs of monopoly or oligopolistic behaviour, unlikely to be disrupted, in tandem with discovering market disruptors who have a high likelihood of disrupting their respective market. Equally (and weighted accordingly) I seek to discover more nuanced, misunderstood, situations with a shorter time frame.

Thematic (Sector/Industry)

<ul><li>A while ago I wrote a piece about share cannibals and where to find them. Since we introduced the ability to screen for share cannibals at Koyfin (the screener I use, if interested) I have been exploring aggressive share repurchasers more often.</li><li>Evident to me, is the disparity in attitudes towards share repurchases between US and European stocks.</li><li>When casting a wide geographical net in the screener and searching for the loftiest reduction in share count (as a %), the US companies proliferate the output.</li></ul>

A while ago I wrote a piece about share cannibals and where to find them. Since we introduced the ability to screen for share cannibals at Koyfin (the screener I use, if interested) I have been exploring aggressive share repurchasers more often.Evident to me, is the disparity in attitudes towards share repurchases between US and European stocks.When casting a wide geographical net in the screener and searching for the loftiest reduction in share count (as a %), the US companies proliferate the output.

Companies That are Fixated on Buying Back Stock

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

If the performance of India’s stock market is anything to judge by the pandemic lasted just a month and the economic fallout of the March nationwide lockdown was negligible. The question is the stock market’s unbound euphoria justified? No. The immediate (and the worst of the) economic shock is behind and that is a relief but the medium-term fallout or so called scarring to the economy, the depths of which is yet the be revealed, warrants caution.

If the performance of India’s stock market is anything to judge by the pandemic lasted just a month and the economic fallout of the March nationwide lockdown was negligible. The question is the stock market’s unbound euphoria justified? No. The immediate (and the worst of the) economic shock is behind and that is a relief but the medium-term fallout or so called scarring to the economy, the depths of which is yet the be revealed, warrants caution.

India is not technically in recession – defined as two back-to-back quarters of negative growth- and it plausible that one might be narrowly avoided. However any post-lockdown is likely to be weak at best and probably temporary. There is no getting away from the fact that the outlook is darkening.

India is not technically in recession – defined as two back-to-back quarters of negative growth- and it plausible that one might be narrowly avoided. However any post-lockdown is likely to be weak at best and probably temporary. There is no getting away from the fact that the outlook is darkening. 

While he Covid-19 pandemic rages on in India, her neighbour Pakistan has bought the outbreak under control with surprising speed and efficiency. The number of deaths and daily new cases are both trending down. While the economy will not escape the economic fallout of Covid-19 compared to India, Pakistan is better positioned for recovery and its long-term outlook thanks the China-Pakistan Economic Corridor is looking bright.

While he Covid-19 pandemic rages on in India, her neighbour Pakistan has bought the outbreak under control with surprising speed and efficiency. The number of deaths and daily new cases are both trending down. While the economy will not escape the economic fallout of Covid-19 compared to India, Pakistan is better positioned for recovery and its long-term outlook thanks the China-Pakistan Economic Corridor is looking bright.

There Is No Silver Lining to the Dark Cloud Hanging over the India. The Economy Is Probably in Recession Already. Banks Are Lending but to the Government Not the Private Sector. Despite This the RBI Is Forecasting in Its Base Case Bank NPLs Rising to 12.5%, the Highest Since 1999.

There Is No Silver Lining to the Dark Cloud Hanging over the India. The Economy Is Probably in Recession Already. Banks Are Lending but to the Government Not the Private Sector. Despite This the RBI Is Forecasting in Its Base Case Bank NPLs Rising to 12.5%, the Highest Since 1999.

India

CPSE ETF is an exchange traded fund incorporated in India. The Fund aims to provide returns that, before expenses, closely correspond to the total returns of the CPSE Index. The Fund invests in securities that are constituents of the CPSE Index in the same proportion as in the Index.

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Companies That are Fixated on Buying Back Stock

Since we introduced the ability to screen for share cannibals at Koyfin (the screener I use, if interested) I have been exploring aggressive share...

Investment Talk

India - Market Gets Ahead of Itself

If the performance of India’s stock market is anything to judge by the pandemic lasted just a month and the economic fallout was negligible such....

Sharmila Whelan

India - Dark Times

India is not technically in recession – defined as two back-to-back quarters of negative growth- and it plausible that one might be narrowly...

Sharmila Whelan

Pakistan: A Pleasant Surprise

While he Covid-19 pandemic rages on in India, her neighbour Pakistan has bought the outbreak under control with surprising speed and efficiency....

Sharmila Whelan

India: No Silver Lining

There Is No Silver Lining to the Dark Cloud Hanging over the India. The Economy Is Probably in Recession Already. Banks Are Lending but to the...

Sharmila Whelan

Price Gauge

52-week Range

Market Cap (USDm)

P/E

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