Mostly Borrowed Ideas Deep Dives, MBI Deep Dives

MBI Deep Dives

Mostly Borrowed Ideas Deep Dives

MBI is the abbreviation for “Mostly Borrowed Ideas”. Why “Mostly Borrowed Ideas?” As a generalist, I do not have a background in any particular sector. I enjoy navigating across industries, businesses, and countries to learn, understand, and connect the dots. In any case, most ideas and innovations are incremental in nature. Very few of us are smart enough to come up with truly original or groundbreaking ideas. I am Abdullah Al-Rezwan. I was born and brought up in Bangladesh. I went to University of Dhaka for my undergrad and majored in Finance. After working three and half years in Equity Research (Sell-side) covering Financial Sector in Bangladesh, I left Bangladesh to pursue my MBA in the US. I graduated within top 10% of the class from Cornell University's two-year MBA program and worked on the buy-side following my graduation. During my time at Cornell, I won two stock pitch competitions and also became finalists in four other competitions. I thoroughly enjoyed my stint as a generalist in the US large cap team at Madison Investments and covered a wide range of companies from UnitedHealth to Amazon and Boeing before US immigration reality paused my career in investment management. As my work authorization expired, I moved to Canada in January, 2021. Then in early 2022, I was able to return to the US.

Equity Bottom-Up

<ul><li>It is far from common for a stock to be up 4% after missing the revenue guide for the quarter and slashing the full-year revenue guide for the year.</li><li>That’s exactly what happened with Lululemon today which should tell you the kind of sentiment going into the earnings!</li><li>The crux of the bear thesis on Lulu usually circles around their US business. </li></ul>

It is far from common for a stock to be up 4% after missing the revenue guide for the quarter and slashing the full-year revenue guide for the year.That’s exactly what happened with Lululemon today which should tell you the kind of sentiment going into the earnings!The crux of the bear thesis on Lulu usually circles around their US business. 

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/amer-sports-inc" target="_blank" data-smartkarma-citation="entities:21751:1" rel="noopener">Amer Sports (AS US)</a> raised around US$1.3bn in its US IPO in Feb 2024, after pricing its IPO below its initial range.</li>
<li>Amer Sports is a sports and outdoor brands company making clothing and other sporting equipment for use in snow sports, running, climbing, baseball, american football, tennis and other sports.</li>
<li>In this note, we talk about the upcoming lock-up expiry and deal dynamics.</li>
</ul>



Amer Sports (AS US) raised around US$1.3bn in its US IPO in Feb 2024, after pricing its IPO below its initial range.
Amer Sports is a sports and outdoor brands company making clothing and other sporting equipment for use in snow sports, running, climbing, baseball, american football, tennis and other sports.
In this note, we talk about the upcoming lock-up expiry and deal dynamics.


Amer Sports IPO Lock-Up Expiry - PE Investor Might Look to Trim US$750m Stake

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>Strong candidate for shorting in the short-run, potential to miss revenue consensus by 4-5ppt in Q1 2024</li><li>Recommendation to short LULU US when share price is above USD410, price target of USD300 before next earnings date in May 2024</li><li>Lululemon is a leading brand in women's indoor training and yoga, overvalued and likely to see a decline in share price</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Strong candidate for shorting in the short-run, potential to miss revenue consensus by 4-5ppt in Q1 2024Recommendation to short LULU US when share price is above USD410, price target of USD300 before next earnings date in May 2024Lululemon is a leading brand in women's indoor training and yoga, overvalued and likely to see a decline in share priceThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Lululemon Athletica Inc. recently shared its performance for the first quarter of 2024, showcasing a mixed set of results that present both opportunities and challenges for potential investors.</li><li>Starting with the highlights, Lululemon achieved a 10% increase in total revenue, hitting 11% growth in constant currency terms.</li><li>This growth was bolstered by a significant rise in international markets, particularly in China Mainland and the rest of the world, which saw increases of 52% and 30% respectively in constant currency.</li></ul>

Lululemon Athletica Inc. recently shared its performance for the first quarter of 2024, showcasing a mixed set of results that present both opportunities and challenges for potential investors.Starting with the highlights, Lululemon achieved a 10% increase in total revenue, hitting 11% growth in constant currency terms.This growth was bolstered by a significant rise in international markets, particularly in China Mainland and the rest of the world, which saw increases of 52% and 30% respectively in constant currency.

Lululemon Athletica Inc.: Enhanced Technology Infrastructure & Data Analytics Aiding Their Growth! - Major Drivers

A Value Investing Journal, Acid Investments

Acid Investments

A Value Investing Journal

I love stonks and I love rambling. Sometimes, I feel it unfair to subject those around me with the inundation of my thoughts, so I tweet and I spill ink on here. Jokes aside, I love investing and edgy ideas; I hope to become a better investor and this is my journal to that end. I will be sharing value/special situations I come across organically or through other blogs/13F and I hope to provide a variant analytical view to said situations. I hope to receive constructive feedback and let’s grab some of dem benjamins together!

Thematic (Sector/Industry)

<ul><li>Regular readers of this blog may know that I love tinkering with setups.</li><li>Recent profitable ideas of late have come from identifying mispriced situations primed for profit e.g. TDS-PV and FF .</li><li>Whilst a lot of focus in investing is on deep diving the fundamentals, the first easy pennies are often acquired via identification of a profitable set-up and thus, being able to identify profitable patterns is an important skill to hone.</li></ul>

Regular readers of this blog may know that I love tinkering with setups.Recent profitable ideas of late have come from identifying mispriced situations primed for profit e.g. TDS-PV and FF .Whilst a lot of focus in investing is on deep diving the fundamentals, the first easy pennies are often acquired via identification of a profitable set-up and thus, being able to identify profitable patterns is an important skill to hone.

United States

lululemon athletica Inc. designs and retails athletic clothing.  The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness. lululemon serves customers throughout the world.

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Lululemon Athletica (LULU US)

Lululemon 2Q'24 Update

It is far from common for a stock to be up 4% after missing the revenue guide for the quarter and slashing the full-year revenue guide for the...

MBI Deep Dives

Amer Sports IPO Lock-Up Expiry - PE Investor Might Look to Trim US$750m Stake

Amer Sports (AS US) raised around US$1.3bn in its US IPO in Feb 2024, after pricing its IPO below its initial range. Its pre-IPO investors will be...

Sumeet Singh

Lululemon (LULU) - Thursday, Apr 4, 2024

Recommendation to short LULU US when share price is above USD410, price target of USD300 before next earnings date in May 2024

Value Investors Club (VIC)

Lululemon Athletica Inc.: Enhanced Technology Infrastructure & Data Analytics Aiding Their Growth! - Major Drivers

Lululemon Athletica Inc. recently shared its performance for the first quarter of 2024, showcasing a mixed set of results that present both...

Baptista Research

A trading framework: Calling the recoil

Regular readers of this blog may know that I love tinkering with setups. Recent profitable ideas of late have come from identifying mispriced...

Acid Investments

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