Asia Shorts: Tencent, AIA, JD, CICC, Canon, Renesas, Monex, HMC, LGD, HMM, KEPCO, Innolux, Wan Hai
The Insight looks at large short interest movements across HK, Japan, Korea and Taiwan stocks and highlights large increases/decreases in shorts to...
419 Views
Shinsei Reports Results - What Looks Bad Isn't So Bad, But It Isn't Fantastic
Shinsei's results were better than expected. The forecast for FY22 is a bit light, and quite conservative. A 5.7% buyback is announced, but the...
647 Views
Shinsei Bank (8303 JP) Update - The Pause That Refreshed May End Soon
Shinsei Bank is a high conviction long.Cheap on a PBR and PER basis (may be <6x TTM in Mar21 on the XO gain, maybe 7.3x for Mar22. I expect another...
676 Views
Tottori Bank (8383 JP): Trapped in the Sands
On a PBR of 0.23x, Tottori Bank looks to be trading on a 'give away' price. Dig a little deeper into the financials, however, and its weaknesses...
417 Views
2021 High Conviction Update - Shinsei Bank Float Squeeze to Mitigate Near-Term
Shinsei Bank has performed dramatically well in the last 11 weeks since the High Conviction Idea. A lot of that has been float compression. Some of...
769 Views