Komatsu, HCM, CAT: The Stock Punishment Does Not Match the Outlook Deterioration Crime
We have been struck by the degree of underperformance of the construction machinery names despite strong earnings performance. While the cyclical...
887 Views
Komatsu: Profitability Improvement at KCM Spurs Blowout Numbers, Continue to Favour Komatsu Over HCM
Komatsu reported extremely strong 2Q numbers - revenue of ¥672bn (4.7% above consensus) and OP of ¥104bn (17.7% above consensus) thanks in large...
478 Views
Komatsu (6301 JP): Joy Global Acquisition and Growth in Major Markets Helps
Komatsu Started FY2019 with Impressive Results Komatsu’s revenue rose significantly by 15% YoY to JPY646bn in 1QFY19 mostly driven by the...
554 Views
JAPAN PASSIVE: The Nikkei 225 Baskets if BOJ Changes
Last week in JAPAN PASSIVE: BOJ Heading For Trouble with Nikkei 225 I discussed the BOJ's past and current ETF purchasing selection, ownership,...
805 Views
United Tractors - Heavy Set yet Nimble - On the Ground in J-Town
A meeting with Indonesia's leading heavy equipment player United Tractors Tbk Pt (UNTR IJ)'s management at its Jakarta headquarters underpinned a...
708 Views