Italian Chaos Jolts Markets, US Trip Notes…
My view in the 17th May note that the ‘bond vigilantes’ would be unleashed on Italy has transpired even faster than I expected with the 10-year...
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With ‘Brand Building’ Ad Era Over, Can Food Inflation Rescue FMCG Margins?
I’ve been underweight consumer staples on valuation and business model disruption risks since 2015 and the sector has de-rated significantly...
346 Views
Sector Capsule: Sports Drinks in China
Sports drinks posts off-trade growth of 5% in volume and 6% in current value terms in 2017 Growing trend of regular exercise and sports...
250 Views
Tingyi (322 HK): Leveraging of Global Know-How
Earnings on an upcycle trend, good price momentum, and good cost management relative to its sector Strong brand gives competitive advantage that...
247 Views
Sector Capsule: Breakfast Cereals in Hong Kong, China
Breakfast cereals grows 4% in volume terms, reaching 6,500 tonnes, while value sales grow 4%, reaching sales of HKD349 million in 2017 Hot cereals...
606 Views