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.

Equity Bottom-Up

<ul><li>Investors evaluating Teledyne Technologies Incorporated should consider both the achievements and challenges reported in their latest financial updates.</li><li>Notably, the company achieved record free cash flow, allowing for significant allocations towards debt repayment, acquisitions, and stock buybacks.</li><li>This demonstrates adept financial management and the capability to maintain operational flexibility.</li></ul>

Investors evaluating Teledyne Technologies Incorporated should consider both the achievements and challenges reported in their latest financial updates.Notably, the company achieved record free cash flow, allowing for significant allocations towards debt repayment, acquisitions, and stock buybacks.This demonstrates adept financial management and the capability to maintain operational flexibility.

Teledyne Technologies Incorporated: Will The Improving Trends in Test & Measurement Instruments Last? - Major Drivers

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Datasite's A$2.50/share, in cash, lifetime-high Offer for virtual room provider <strong><a href="https://www.smartkarma.com/entities/ansarada-group-ltd" target="_blank" data-smartkarma-citation="entities:30718:1" rel="noopener">Ansarada Group Ltd (AND AU)</a></strong>, announced on the 13th Feb, appeared a total slam dunk. </li>
<li>And for the most part it was, with the Explanatory Doc lodged on the 12th April, and Scheme Meeting initially scheduled for the 14th June. Then the ACCC waded in. </li>
<li>The ACCC has now signed off. FIRB will follow shortly.  The revised Scheme Meeting will be held on the 19 August, with expected implementation on the 6 September.  </li>
</ul>


Datasite's A$2.50/share, in cash, lifetime-high Offer for virtual room provider Ansarada Group Ltd (AND AU), announced on the 13th Feb, appeared a total slam dunk. 
And for the most part it was, with the Explanatory Doc lodged on the 12th April, and Scheme Meeting initially scheduled for the 14th June. Then the ACCC waded in. 
The ACCC has now signed off. FIRB will follow shortly.  The revised Scheme Meeting will be held on the 19 August, with expected implementation on the 6 September.  


Ansarada (AND AU)'s Scheme Is Back On Track

<ul><li>Teledyne Technologies, a prominent industrial conglomerate focused on aerospace and defense, instrumentation, digital imaging, and engineered systems, reported its Q1 2024 earnings.</li><li>In the call, management touted robust results including record first quarter non-GAAP operating margin, record adjusted earnings per share, and record free cash flow.</li><li>The company's strong performance was driven by growth in its marine, aviation, and select defense businesses which offset sales declines in other areas.</li></ul>

Teledyne Technologies, a prominent industrial conglomerate focused on aerospace and defense, instrumentation, digital imaging, and engineered systems, reported its Q1 2024 earnings.In the call, management touted robust results including record first quarter non-GAAP operating margin, record adjusted earnings per share, and record free cash flow.The company's strong performance was driven by growth in its marine, aviation, and select defense businesses which offset sales declines in other areas.

Teledyne Technologies Incorporated: Initiation Of Coverage - What Is Their Segmentwise Performance & Future Outlook?  - Major Drivers

<ul>
<li>Virtual room provider <strong><a href="https://www.smartkarma.com/entities/ansarada-group-ltd" target="_blank" data-smartkarma-citation="entities:30718:1" rel="noopener">Ansarada Group Ltd (AND AU)</a></strong> has <a href="https://announcements.asx.com.au/asxpdf/20240213/pdf/060bdzykl9hv80.pdf" target="_blank" rel="noopener">entered into a Scheme</a> with Datasite, a leading global SaaS provider acquired by UK-based PE outfit CapVest Partners in 2020. </li>
<li>Datasite is offering A$2.50/share, in cash, a 19% premium to undisturbed and a lifetime high. </li>
<li>Apart from requiring Ansarada shareholder approval, the Scheme is conditional on FIRB and the carving out of certain assets to Ansarada's CEO. This transaction should complete in early June.</li>
</ul>


Virtual room provider Ansarada Group Ltd (AND AU) has entered into a Scheme with Datasite, a leading global SaaS provider acquired by UK-based PE outfit CapVest Partners in 2020. 
Datasite is offering A$2.50/share, in cash, a 19% premium to undisturbed and a lifetime high. 
Apart from requiring Ansarada shareholder approval, the Scheme is conditional on FIRB and the carving out of certain assets to Ansarada's CEO. This transaction should complete in early June.


Global Commodities, Mint Finance

Srinidhi Raghavendra

Global Commodities

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Thematic (Sector/Industry)

<ul>
<li>Inflation Reduction Act is by far the largest legislation to positively influence climate change and emissions control.</li>
<li>IRA is packed with subsidies, and loans totaling up to USD 369 billion over the next ten years on renewables, EVs, hydrogen hubs, carbon capture &amp; storage, among others.</li>
<li>By 2035, IRA will drive reduction of greenhouse gas emissions by up to 48% relative to 2005 emissions levels.</li>
</ul>


Inflation Reduction Act is by far the largest legislation to positively influence climate change and emissions control.
IRA is packed with subsidies, and loans totaling up to USD 369 billion over the next ten years on renewables, EVs, hydrogen hubs, carbon capture &amp; storage, among others.
By 2035, IRA will drive reduction of greenhouse gas emissions by up to 48% relative to 2005 emissions levels.


Many Aren’t Aware of the Inflation Reduction Act; and That’s Good News for Investors

United States

Teledyne Technologies Inc. provides electronic subsystems and instrumentation. The Company provides aerospace and defense electronics, digital imaging products & software, monitoring instrumentation for marine & environmental applications, harsh environment interconnect products, and subsystems for satellite communications.  Teledyne also provides engineered systems.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Teledyne Technologies (TDY US)

Teledyne Technologies Incorporated: Will The Improving Trends in Test & Measurement Instruments Last? - Major Drivers

Investors evaluating Teledyne Technologies Incorporated should consider both the achievements and challenges reported in their latest financial...

Baptista Research

Ansarada (AND AU)'s Scheme Is Back On Track

Trading at a gross/annualised spread of 1.6%/15.4%. If small, clean, illiquid arbs are your thing, get involved here and on any pullback.

David Blennerhassett

Teledyne Technologies Incorporated: Initiation Of Coverage - What Is Their Segmentwise Performance & Future Outlook? - Major Drivers

Teledyne Technologies, a prominent industrial conglomerate focused on aerospace and defense, instrumentation, digital imaging, and engineered...

Baptista Research

Ansarada Enters Scheme With Datasite

Trading at a gross/annualised spread - assuming early June completion - of 2.9%/9.4%. If small, clean, illiquid arbs are your thing, get involved...

David Blennerhassett

Many Aren’t Aware of the Inflation Reduction Act; and That’s Good News for Investors

Two in three Americans know little about IRA. The Inflation Reduction Act (“IRA”) took years in the making and will have material implications...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)