High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

Equity Bottom-Up

Melco Resorts & Entertainment / Equity Bottom-Up

<ul><li>As investors we are faced with a deluge of noisy breaking news, business media talking heads, and what has felt like non-stop Fed speakers offering their differing views on the economy and the path of rate hikes going in 2023. </li><li>This week was no different. Fed Chair Jay Powell was front and center suggesting that interest rate hikes will likely be stepped down to 50bps in the upcoming December Fed meeting in a few weeks. </li><li>This was already discounted and expected by the market and effectively didn’t offer much of anything Wall St. didn’t already know.</li></ul>

As investors we are faced with a deluge of noisy breaking news, business media talking heads, and what has felt like non-stop Fed speakers offering their differing views on the economy and the path of rate hikes going in 2023. This week was no different. Fed Chair Jay Powell was front and center suggesting that interest rate hikes will likely be stepped down to 50bps in the upcoming December Fed meeting in a few weeks. This was already discounted and expected by the market and effectively didn’t offer much of anything Wall St. didn’t already know.

External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

<ul><li>While revenue recovery of Trip.com (TCOM)’s domestic business remained under pandemic impact in 3Q22, pure international businesses (Trip.com &amp; Skyscanner) were rolling back on track.</li><li>We remain positive on TCOM’s unique proposition value in China market with sticky high-end consumer and business user base, strong supply chain capability as well as deep industry resources.</li><li>Our DCF-based target price values TCOM at USD29.7 per ADS. We are transferring coverage with a BUY rating.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

While revenue recovery of Trip.com (TCOM)’s domestic business remained under pandemic impact in 3Q22, pure international businesses (Trip.com &amp; Skyscanner) were rolling back on track.We remain positive on TCOM’s unique proposition value in China market with sticky high-end consumer and business user base, strong supply chain capability as well as deep industry resources.Our DCF-based target price values TCOM at USD29.7 per ADS. We are transferring coverage with a BUY rating.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Trip.com (TCOM US) – Revenue recovery underway

Research from EqualOcean, EqualOcean

EqualOcean

Research from EqualOcean

EqualOcean is an investment research firm and information service provider focusing on China's Technology, Automotive and Consumer Internet sectors. With unique research and due diligence methodology, we provide tailored insights into a wide range of industries and companies, empowering our clients' value-added decisions.

Founded in 2014, EqualOcean is headquartered in Beijing and has offices in Shanghai, Shenzhen and New York.

<ul><li>Huize starts to show its forte – but loses steam</li><li>SelectQuote, an American 'twin' - Both operating online 'B2B2C' insurance intermediary businesses, Huize and SelectQuote (SLQT:NYSE) share several similarities. </li><li>Bottom line - Currently, the P/S ratio for Huize is at the trough – only 0.36 as of the press time – far below its peers as well as the industry average. </li></ul>

Huize starts to show its forte – but loses steamSelectQuote, an American 'twin' - Both operating online 'B2B2C' insurance intermediary businesses, Huize and SelectQuote (SLQT:NYSE) share several similarities. Bottom line - Currently, the P/S ratio for Huize is at the trough – only 0.36 as of the press time – far below its peers as well as the industry average. 

Without Backing from the Tech Giants, Huize Bucks the Trend

Actionable Insights, Assured Alpha, ANTYA Investments

ANTYA Investments

Actionable Insights, Assured Alpha

Investing That Empowers You

ANTYA Investments Inc., regulated by the Ontario Securities Commission, is registered to provide wealth management services in Canada. ANTYA manages institutional, and high net-worth client portfolios on a discretionary basis. Our investment philosophy embraces a Core-Satellite approach.  The core of the portfolio is chosen from a group of fifteen asset classes. A few stock specific asymmetrical investment opportunities comprise the satellite segment. ANTYA invests only in global, large capitalization, and investment grade companies.  

Equity Capital Markets

<a href="https://www.smartkarma.com/entities/26970" target="_blank" data-smartkarma-citation="entities:26970:1">Meituan Dianping (MEITUAN CH)</a> is coming to the market at a difficult time. A slowing Chinese economy, a weaker currency and the threat of an all-out trade war could dampen investor sentiment. In ANTYA’s view, US$ 6.25/share, or thereabouts, is a fair price for IPO investors to pay. That level provides a margin of safety and includes room for capital appreciation

Meituan Dianping (MEITUAN CH) is coming to the market at a difficult time. A slowing Chinese economy, a weaker currency and the threat of an all-out trade war could dampen investor sentiment. In ANTYA’s view, US$ 6.25/share, or thereabouts, is a fair price for IPO investors to pay. That level provides a margin of safety and includes room for capital appreciation

Meituan Dianping – Peak Value Is Estimated @ US$ 7.50/Share

We believe <a href="https://www.smartkarma.com/entities/179" target="_blank" data-smartkarma-citation="entities:179:1">Baidu Inc (ADR) (BIDU US)</a> has taken multiple steps to de-risk its business by divesting the financial services segment, and via a successful IPO of <a href="https://www.smartkarma.com/entities/26755" target="_blank" data-smartkarma-citation="entities:26755:1">iQIYI Inc (IQ US)</a>. Given the valuations of <a href="https://www.smartkarma.com/entities/26755" target="_blank" data-smartkarma-citation="entities:26755:1">iQIYI Inc (IQ US)</a> and <a href="https://www.smartkarma.com/entities/180" target="_blank" data-smartkarma-citation="entities:180:1">Ctrip.com International (ADR) (CTRP US)</a>, we believe Baidu’s core search business is undervalued.

We believe Baidu Inc (ADR) (BIDU US) has taken multiple steps to de-risk its business by divesting the financial services segment, and via a successful IPO of iQIYI Inc (IQ US). Given the valuations of iQIYI Inc (IQ US) and Ctrip.com International (ADR) (CTRP US), we believe Baidu’s core search business is undervalued.

Baidu – IQIYI IPO Surfaces Value of Core Business – Search Is Undervalued

China

Trip.com Group Ltd. provides online travel agency services. The Company offers mobile applications, hotel reservations, flight ticketing, package tours, corporate travel management, and train ticketing services.

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Trip.com (TCOM US)

Weekly Stock Bullfinder - Week of 12/5

As investors we are faced with a deluge of noisy breaking news, business media talking heads, and what has felt like non-stop Fed speakers offering...

Weekly Stock Bull Finder

Trip.com (TCOM US) – Revenue recovery underway

While revenue recovery of Trip.com (TCOM)’s domestic business remained under pandemic impact in 3Q22, pure international businesses (Trip.com &...

CMB International

Without Backing from the Tech Giants, Huize Bucks the Trend

We've all heard terms like traditional insurance companies and third-party insurance agents – but there may be less awareness about insurance...

EqualOcean

Baidu – IQIYI IPO Surfaces Value of Core Business – Search Is Undervalued

We believe Baidu Inc (ADR) (BIDU US) has taken multiple steps to de-risk its business by divesting the financial services segment, and via a...

ANTYA Investments

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Weekly Stock Bullfinder - Week of 12/5

As investors we are faced with a deluge of noisy breaking news, business media talking heads, and what has felt like non-stop Fed speakers offering...

Weekly Stock Bull Finder

Trip.com (TCOM US) – Revenue recovery underway

While revenue recovery of Trip.com (TCOM)’s domestic business remained under pandemic impact in 3Q22, pure international businesses (Trip.com &...

CMB International

Without Backing from the Tech Giants, Huize Bucks the Trend

We've all heard terms like traditional insurance companies and third-party insurance agents – but there may be less awareness about insurance...

EqualOcean

Meituan Dianping – Peak Value Is Estimated @ US$ 7.50/Share

Meituan Dianping (MEITUAN CH) is coming to the market at a difficult time. A slowing Chinese economy, a weaker currency and the threat of an...

ANTYA Investments

Baidu – IQIYI IPO Surfaces Value of Core Business – Search Is Undervalued

We believe Baidu Inc (ADR) (BIDU US) has taken multiple steps to de-risk its business by divesting the financial services segment, and via a...

ANTYA Investments