Thematic Investing in Tech and Media, CM Research

Cyrus Mewawalla

Thematic Investing in Tech and Media

Thematic TMT investing

CM Research

CM Research is an independent research house based in London, England. We provide global thematic research in the Technology, Media and Telecoms (TMT) sectors. 

Our focus is on disruptive technologies: how will they unfold; which industries will be impacted; and who will be the ultimate winners and losers. 

Our aim is to help investors predict share prices and corporate executives stay one step ahead of the technology trends that are shaping their industry. 

We research technology investment themes in detail and then feed the results into a scorecard system to quantify the impact of several conflicting themes on individual stocks. 

Recent themes covered include internet TV, the Internet of Things, Big Data, Mobile payments, crowdfunding, artificial intelligence, the cloud, software defined networking and Generation Hashtag.

We cover the top 500 global TMT stocks by market capitalisation and several technology start-ups and pre-IPO companies too. 

In 2015, CM Research analysts outperformed the Bloomberg Benchmark Analyst Index - which measures how good analysts are at predicting stock prices - by 7.1%.

Thematic (Sector/Industry)

During this decade, the digital data universe is expected to grow 75-fold from 1.2 zettabytes to 90 zettabytes. (1 zettabyte = 1 trillion gigabytes).Ask any CEO how he expects to sell more products and cut more costs and he will tell you that Big Data features prominently in his strategy. Big Data refers to the technology processes by which companies can profit from the large amounts of data to which they have access.But investors who want to ride the Big Data wave are finding that it is not that easy to identify where to invest.In this report, we delve deep down into the Big Data supply chain and look at where the investment opportunities really lie.&nbsp;

During this decade, the digital data universe is expected to grow 75-fold from 1.2 zettabytes to 90 zettabytes. (1 zettabyte = 1 trillion gigabytes).Ask any CEO how he expects to sell more products and cut more costs and he will tell you that Big Data features prominently in his strategy. Big Data refers to the technology processes by which companies can profit from the large amounts of data to which they have access.But investors who want to ride the Big Data wave are finding that it is not that easy to identify where to invest.In this report, we delve deep down into the Big Data supply chain and look at where the investment opportunities really lie.&nbsp;

Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Equity Bottom-Up

Toshiba’s bloated product portfolio, diminishing competitiveness in core operations and poor corporate governance have left it in a deteriorating financial position.Its heavily leveraged balance sheet will be further stretched as the company writes off past revenue following a recent accounting scandal and embarks on reform initiatives.Analysts: John Hu &amp; Lorraine Tan

Toshiba’s bloated product portfolio, diminishing competitiveness in core operations and poor corporate governance have left it in a deteriorating financial position.Its heavily leveraged balance sheet will be further stretched as the company writes off past revenue following a recent accounting scandal and embarks on reform initiatives.Analysts: John Hu &amp; Lorraine Tan

Bloated Product Portfolio, Declining Profitability and Restructuring Costs Weigh on the Bottom Line.

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

A Yomiuri <a href="http://www.yomiuri.co.jp/economy/20160115-OYT1T50014.html" target="_blank">article</a> this morning suggests Hon Hai may revise its offer for Sharp as early as today, lifting its investment amount by 40% from 500bn yen to 700bn yen, and making this a 'final offer.' The Yomiuri article suggests that if this negotiation does not work, Hon Hai might conduct a TOB. A Bloomberg <a href="http://www.bloomberg.com/news/articles/2016-01-15/sharp-soars-in-tokyo-after-report-hon-hai-may-raise-offer" target="_blank">article</a> adds a little color. The Insights to the right margin of this page in the Insight stream describe the players and their incentives, and the math for common shareholders. Sharp's shares…

A Yomiuri article this morning suggests Hon Hai may revise its offer for Sharp as early as today, lifting its investment amount by 40% from 500bn yen to 700bn yen, and making this a 'final offer.' The Yomiuri article suggests that if this negotiation does not work, Hon Hai might conduct a TOB. A Bloomberg article adds a little color. The Insights to the right margin of this page in the Insight stream describe the players and their incentives, and the math for common shareholders. Sharp's shares…

Japan

Hitachi, Ltd. manufactures communications and electronic equipment, heavy electrical and industrial machinery, and consumer electronics.  The Company's diverse product line ranges from nuclear power systems to kitchen appliances. Hitachi also operates subsidiaries in the wire and cable, metal, and chemical industries.

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Hitachi Ltd (6501 JP)

Big Data as an Investment Theme

During this decade, the digital data universe is expected to grow 75-fold from 1.2 zettabytes to 90 zettabytes. (1 zettabyte = 1 trillion...

CM Research

Bloated Product Portfolio, Declining Profitability and Restructuring Costs Weigh on the Bottom Line.

Toshiba’s bloated product portfolio, diminishing competitiveness in core operations and poor corporate governance have left it in a deteriorating...

Morningstar, Inc.

Sharp Competition

A Yomiuri article this morning suggests Hon Hai may revise its offer for Sharp as early as today, lifting its investment amount by 40% from 500bn...

Travis Lundy

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