Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

<ul>
<li>Solactive has announced the review results for the Global Lithium Index. There are no constituent changes but there will be capping changes for some stocks.</li>
<li>Estimated one-way turnover is 7.8% and will result in a round-trip trade of US$360m.</li>
<li>The largest inflows are estimated to be in <a href="https://www.smartkarma.com/entities/tesla-inc" target="_blank" data-smartkarma-citation="entities:20279:1" rel="noopener">Tesla</a> , <a href="https://www.smartkarma.com/entities/byd-co-ltd-h" target="_blank" data-smartkarma-citation="entities:20962:1" rel="noopener">BYD </a>, <a href="https://www.smartkarma.com/entities/eve-energy-co-ltd" target="_blank" data-smartkarma-citation="entities:14769:1" rel="noopener">EVE Energy</a>, <a href="https://www.smartkarma.com/entities/lg-energy-solution" target="_blank" data-smartkarma-citation="entities:33464:1" rel="noopener">LG Energy Solution</a>, <a href="https://www.smartkarma.com/entities/tdk-corp" target="_blank" data-smartkarma-citation="entities:18847:1" rel="noopener">TDK Corp</a>, <a href="https://www.smartkarma.com/entities/naura-technology-group-co-ltd" target="_blank" data-smartkarma-citation="entities:2333:1" rel="noopener">NAURA Technology Group</a> and <a href="https://www.smartkarma.com/entities/contemporary-amperex-technolog" target="_blank" data-smartkarma-citation="entities:24404:1" rel="noopener">Contemporary Amperex Technology</a>.</li>
</ul>


Solactive has announced the review results for the Global Lithium Index. There are no constituent changes but there will be capping changes for some stocks.
Estimated one-way turnover is 7.8% and will result in a round-trip trade of US$360m.
The largest inflows are estimated to be in Tesla , BYD , EVE Energy, LG Energy Solution, TDK Corp, NAURA Technology Group and Contemporary Amperex Technology.


Solactive Global Lithium Index Rebalance: Capping Changes in April

Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

<ul>
<li>Mercedes has joined <a href="https://www.smartkarma.com/entities/bayerische-motoren-werke-ag-bmw-72824b26-c157-46b2-bafe-650cb75a091f" target="_blank" data-smartkarma-citation="entities:21591:1" rel="noopener">Bayerische Motoren Werke (BMW) (BMW GR)</a> and <a href="https://www.smartkarma.com/entities/stellantis-nv-847415d2-edbe-4b97-b9c9-bece87ed6f72" target="_blank" data-smartkarma-citation="entities:27920:1" rel="noopener">Stellantis NV (STLAM IM)</a> as customers of Samsung SDI. </li>
<li>We chronicled the different phase of <a href="https://www.smartkarma.com/entities/samsung-sdi-co-ltd" target="_blank" data-smartkarma-citation="entities:503:1" rel="noopener">Samsung SDI (006400 KS)</a> development and how the PER varied over time, reflecting the business condition. </li>
<li>EU EV subsidy has moved on from simple grants to Industrial Protectionism that benefit players with local manufacturing facilities like Samsung SDI. The difference is 15-25% per vehicle. </li>
</ul>


Mercedes has joined Bayerische Motoren Werke (BMW) (BMW GR) and Stellantis NV (STLAM IM) as customers of Samsung SDI. 
We chronicled the different phase of Samsung SDI (006400 KS) development and how the PER varied over time, reflecting the business condition. 
EU EV subsidy has moved on from simple grants to Industrial Protectionism that benefit players with local manufacturing facilities like Samsung SDI. The difference is 15-25% per vehicle. 


Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Douglas Research Advisory

Event-Driven

<ul>
<li>On 19 February, Samsung SDI (006400 KS) announced its plans to sell its 15.2% stake in Samsung Display (unlisted) to improve its financial health.</li>
<li>
Samsung SDI currently holds a 15.2% stake in Samsung Display with an estimated value of around 10 trillion won ($6.8 billion).
</li>
<li>In addition, various local media have mentioned that Samsung Electronics (005930 KS) could be the most likely candidate to acquire this stake.</li>
</ul>


On 19 February, Samsung SDI (006400 KS) announced its plans to sell its 15.2% stake in Samsung Display (unlisted) to improve its financial health.

Samsung SDI currently holds a 15.2% stake in Samsung Display with an estimated value of around 10 trillion won ($6.8 billion).

In addition, various local media have mentioned that Samsung Electronics (005930 KS) could be the most likely candidate to acquire this stake.


Samsung SDI: Plans to Sell Its Stake in Samsung Display (Samsung Electronics - The Likely Buyer?)

<ul>
<li>Robots need food. Its called batteries. As global investors realize the proximity of the mass adoption of humanoid robots, they increasingly recognize the importance of batteries that power these robots.</li>
<li>The stage is set for increased capital allocation into the rechargeable battery sector in Korea once again, mainly driven by the expectation of higher battery demand from humanoid/industrial robots. </li>
<li>Given the immense interest robotics related stocks, there is certainly a positive momentum on the battery related stocks that should benefit from higher demand for batteries required by humanoid robots.</li>
</ul>


Robots need food. Its called batteries. As global investors realize the proximity of the mass adoption of humanoid robots, they increasingly recognize the importance of batteries that power these robots.
The stage is set for increased capital allocation into the rechargeable battery sector in Korea once again, mainly driven by the expectation of higher battery demand from humanoid/industrial robots. 
Given the immense interest robotics related stocks, there is certainly a positive momentum on the battery related stocks that should benefit from higher demand for batteries required by humanoid robots.


Robots Need Food (Batteries) - Key Beneficiaries in Korea

<ul>
<li>Recent quarters operating numbers for <a href="https://www.smartkarma.com/entities/samsung-sdi-co-ltd" target="_blank" data-smartkarma-citation="entities:503:1" rel="noopener">Samsung SDI (006400 KS)</a> is quite poor and have caused the share price to decrease accordingly. </li>
<li>The share price has rallied on the back of the news on Tesla's new business to order ESS from Samsung SDI. </li>
<li>At what level shall investors start to accumulate Samsung SDI. </li>
</ul>


Recent quarters operating numbers for Samsung SDI (006400 KS) is quite poor and have caused the share price to decrease accordingly. 
The share price has rallied on the back of the news on Tesla's new business to order ESS from Samsung SDI. 
At what level shall investors start to accumulate Samsung SDI. 


Samsung SDI (006400): When Is the Buying Opportunity?

South Korea

Samsung SDI Co., Ltd. specializes in developing Lithium Ion Battery (LIB) technology.  The Company also manufactures cathode ray tubes (CRTs) for televisions and computer monitors.  Samsung SDI also produces liquid crystal display (LCD) components and rechargeable batteries for cellular phones , personal digital assistants (PDAs), Energy Storage Systems and solar panels.

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Samsung SDI (006400 KS)

Solactive Global Lithium Index Rebalance: Capping Changes in April

There are no constituent changes for the index in April, but there are capping changes. Estimated one-way turnover is 7.8% and will result in a...

Brian Freitas

Samsung SDI (006400): More to Come

Mercedes, BMW, and Stellantis NV are now customers of Samsung SDI. It will also benefit from EU EV subsidies favoring players with local...

Henry Soediarko

Samsung SDI: Plans to Sell Its Stake in Samsung Display (Samsung Electronics - The Likely Buyer?)

On 19 February, Samsung SDI (006400 KS) announced its plans to sell its 15.2% stake in Samsung Display (unlisted) to improve its financial health.

Douglas Kim

Robots Need Food (Batteries) - Key Beneficiaries in Korea

Robots need food. Its called batteries. As investors realize the proximity of the mass adoption of humanoid robots, they increasingly recognize the...

Douglas Kim

Samsung SDI (006400): When Is the Buying Opportunity?

Samsung SDI's poor operating numbers have led to a decrease in share price, but a rally is expected with Tesla's new order for ESS. Investors...

Henry Soediarko

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Solactive Global Lithium Index Rebalance: Capping Changes in April

There are no constituent changes for the index in April, but there are capping changes. Estimated one-way turnover is 7.8% and will result in a...

Brian Freitas

Samsung SDI (006400): More to Come

​Mercedes, BMW, and Stellantis NV are now customers of Samsung SDI. It will also benefit from EU EV subsidies favoring players with local...

Henry Soediarko

Samsung SDI: Plans to Sell Its Stake in Samsung Display (Samsung Electronics - The Likely Buyer?)

On 19 February, Samsung SDI (006400 KS) announced its plans to sell its 15.2% stake in Samsung Display (unlisted) to improve its financial health.

Douglas Kim

Robots Need Food (Batteries) - Key Beneficiaries in Korea

Robots need food. Its called batteries. As investors realize the proximity of the mass adoption of humanoid robots, they increasingly recognize the...

Douglas Kim

Samsung SDI (006400): When Is the Buying Opportunity?

​Samsung SDI's poor operating numbers have led to a decrease in share price, but a rally is expected with Tesla's new order for ESS. Investors...

Henry Soediarko

Mercedes, BMW, and Stellantis NV are now customers of Samsung SDI. It will also benefit from EU EV subsidies favoring players with local...

Samsung SDI's poor operating numbers have led to a decrease in share price, but a rally is expected with Tesla's new order for ESS. Investors...