StubWorld - Set-Up & Unwind Extremes (21 July 2017)
This week I briefly look at recent bifurcations in Great Eagle Holdings Ltd (41 HK), IMAX Corp (IMAX US), Macau gaming plays ( MGM Resorts...
317 Views
Nidec--Q1 Preview & Key Takeaways from Interview
We had a long interview with Nidec last month and came away with the impression that Q1 consensus might be a bit high, but full-year consensus...
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Expecting Higher Revenue Growth of AACI Products in Longer Term; Raising Nidec FVE to JPY 13,300
We are raising our fair value estimate for Nidec to JPY 13,300 from JPY 12,500 for two major reasons: 1) to account for a higher midterm earnings...
265 Views
Renesas Electronics Placement: Additional Thoughts on Valuation, Flotation, and Ownership
Renesas Electronics Corp (6723 JP) has set a price range of 750-900 Yen for its $3bn placement. Since the deal was first announced there have been...
489 Views
Renesas Secondary Attractive and Return to Top Line Growth Could Spur Further Upside
We believe Renesas' secondary offering, announced on 18 May, is likely to offer investors an attractive entry point for a stock that is primed to...
485 Views