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

MSCI Emerging Markets Index / Technical Analysis

The laundry list of current market conditions consistent with the profile of a bull market continues to grow, helping support our ongoing belief that global equities are in the early stages of a broad-based advance. We explore and highlight actionable investment themes and opportunities across the EM space and within materials, Energy, Manufacturing, Health care and Apparel/Luxury Goods

The laundry list of current market conditions consistent with the profile of a bull market continues to grow, helping support our ongoing belief that global equities are in the early stages of a broad-based advance. We explore and highlight actionable investment themes and opportunities across the EM space and within materials, Energy, Manufacturing, Health care and Apparel/Luxury Goods

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<a href="https://www.smartkarma.com/profiles/janaghan-jeyakumar-cfa" target="_blank" data-smartkarma-citation="accounts:3173" rel="noopener">Janaghan Jeyakumar, CFA</a> wrote about the <a href="https://www.smartkarma.com/entities/nippon-steel-corporation" target="_blank" data-smartkarma-citation="entities:961:1" rel="noopener">Nippon Steel Corporation (5401 JP)</a> hostile partial offer for <a href="https://www.smartkarma.com/entities/tokyo-rope-mfg-co-ltd" target="_blank" data-smartkarma-citation="entities:5132:1" rel="noopener">Tokyo Rope Mfg (5981 JP)</a> last night in <a href="https://www.smartkarma.com/insights/nippon-steel-s-hostile-partial-tender-offer-for-tokyo-rope-a-move-to-mark-territory" target="_blank" data-smartkarma-citation="insights:47270" rel="noopener">Nippon Steel's HOSTILE Partial Tender Offer for Tokyo Rope: A Move to Mark Territory?</a> It is a fascinating situation. The existing large shareholder (Nippon Steel), who was asked to be the large shareholder by the Tokyo Rope itself, and to "support" the company years ago according to the story told by Nippon Steel, has decided to bid for 10% to get to 19.9%. This is not a number chosen at random. It gets them to the border of significance, but does not cross the threshold into Special Related Shareholder status, and under IFRS Nippon Steel could keep Tokyo Rope as an equity holding rather than an equity affiliate (which, if "forced" by Nippon Steel might be ill-received by Tokyo Rope (as if this bid will not be - it is quite pointed in its criticisms)).However, Tokyo Rope may choose another route. Some discussion, shareholder structure analysis, and Travis' Patented Arb Grids below...

Janaghan Jeyakumar, CFA wrote about the Nippon Steel Corporation (5401 JP) hostile partial offer for Tokyo Rope Mfg (5981 JP) last night in Nippon Steel's HOSTILE Partial Tender Offer for Tokyo Rope: A Move to Mark Territory? It is a fascinating situation. The existing large shareholder (Nippon Steel), who was asked to be the large shareholder by the Tokyo Rope itself, and to "support" the company years ago according to the story told by Nippon Steel, has decided to bid for 10% to get to 19.9%. This is not a number chosen at random. It gets them to the border of significance, but does not cross the threshold into Special Related Shareholder status, and under IFRS Nippon Steel could keep Tokyo Rope as an equity holding rather than an equity affiliate (which, if "forced" by Nippon Steel might be ill-received by Tokyo Rope (as if this bid will not be - it is quite pointed in its criticisms)).However, Tokyo Rope may choose another route. Some discussion, shareholder structure analysis, and Travis' Patented Arb Grids below...

New Money for Old Rope? Gaming Out A Hostile Partial Offer on Tokyo Rope (5981)

Japan

HI-LEX CORPORATION manufactures control cables for automobiles, ships, medical equipment, and construction machines. It's products include parking brake cables transmission control cables, steering cables, and micro control cables. It also provides window regulator and power lift gate systems for automobiles. HI-LEX has subsidiaries in South Korea, the United States, Mexico, India, and Vietnam.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Hi Lex Corp (7279 JP)

EM Breakout -- Add Exposure

The laundry list of current market conditions consistent with the profile of a bull market continues to grow, helping support our ongoing belief...

Vermilion Research

New Money for Old Rope? Gaming Out A Hostile Partial Offer on Tokyo Rope (5981)

A corporate-on-corporate hostile partial offer like Nippon Steel's for Tokyo Rope is rarer than hen's teeth, but it is not clear how Tokyo Rope can...

Travis Lundy

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)