Global Special Situations & Strategy, SR Services Ltd

David Lepper

Global Special Situations & Strategy

SR Services Ltd

SR Services provides Strategic Knowledge and Solutions services for Family Offices and Corporate Business. 

We deliver this via advisory services, strategic planning, opportunity analysis/sourcing, as well as solution implementation. 

Whilst, we create intellectual discipline and operational leverage for your projects or daily activities, our ultimate objective is to empower whilst enhancing your decision making. 

Strategic Knowledge and Solutions

Cross Asset Strategy

Growth as a style has been the “norm” for years, is the “norm” about to end? The continued strategies by Central Bank’s towards a “lower for longer stance around interest rates”, extended the underperformance of value for most of 2020. However, with the value/growth investment style ratio at 20-year lows, we present 27 names which hold characteristics worthy of further review.

Growth as a style has been the “norm” for years, is the “norm” about to end? The continued strategies by Central Bank’s towards a “lower for longer stance around interest rates”, extended the underperformance of value for most of 2020. However, with the value/growth investment style ratio at 20-year lows, we present 27 names which hold characteristics worthy of further review. 

Screening the Silk Road: Q1 2021 All Cap Screening - Free Cashflow (FCF)

'Quantamental' Japan Specialist, LightStream Research

Campbell Gunn

'Quantamental' Japan Specialist

ja research

ja research is an independent research platform focused exclusively on Japanese equities. Leveraging data and graphic analysis provided by Japan Analytics, we provide insights on small and medium-sized companies that have been ignored by the sell-side as well as challenging conventional wisdom on larger companies. We also offer analyst and corporate access, the latter with translation if required. 

Thematic (Sector/Industry)

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer to Part 1 <a href="https://www.smartkarma.com/insights/japan-scoring-results-forecasts-earnings-momentum-slowing-weaker-required" target="_blank" data-smartkarma-citation="insights:20302">Japan: Scoring Results &amp; Forecasts</a>.  In an attempt to bring improve on the sector classification in Japan, we have reviewed every listed company's segment data and assigned each to one of 328 peer groups. Peer Group definitions reflect both standard SIC/GICS classifications as well as local market conventions, allowing, for example, for regional sub-classifications for regional banks and group affiliation for auto parts companies. GROUPINGS - Peer Groups and companies are reviewed in five broad groups, Consumer, Materials, Manufacturing, Distribution • Real Estate • Finance and TMT • Services.TOP FIVE PEER GROUPS -  The top five Peer Groups in Japan by Results and Forecast/Revision Scores are Carbon/Graphite Products (chart below), Investment-Related Services, Semiconductor Materials, SPE/PCB Equipment and Airport Services. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/121/original/2018-05-22_20-26-17.png?1526988402" class="editor-image img-responsive" data-smartkarma-image-id="53121"></figure><div class="content-caption">Source: Japan Analytics</div>BOTTOM FIVE PEER GROUPS - The bottom five Peer Groups in Japan by Results and Forecast/Revision Scores are Audio/Visual Content (chart below), Shikoku Banks, Rolling Stock, Marine Diesel Engines and Conveying Equipment.  <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/122/original/2018-05-22_20-31-48.png?1526988728" class="editor-image img-responsive" data-smartkarma-image-id="53122"></figure><div class="content-caption">Source: Japan Analytics</div><hr>RECOMMENDATIONS<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/120/original/2018-05-22_20-14-39.png?1526987689" class="editor-image img-responsive" data-smartkarma-image-id="53120"></figure>Specific stock recommendations follow at the end of each section below.

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer to Part 1 Japan: Scoring Results &amp; Forecasts.  In an attempt to bring improve on the sector classification in Japan, we have reviewed every listed company's segment data and assigned each to one of 328 peer groups. Peer Group definitions reflect both standard SIC/GICS classifications as well as local market conventions, allowing, for example, for regional sub-classifications for regional banks and group affiliation for auto parts companies. GROUPINGS - Peer Groups and companies are reviewed in five broad groups, Consumer, Materials, Manufacturing, Distribution • Real Estate • Finance and TMT • Services.TOP FIVE PEER GROUPS -  The top five Peer Groups in Japan by Results and Forecast/Revision Scores are Carbon/Graphite Products (chart below), Investment-Related Services, Semiconductor Materials, SPE/PCB Equipment and Airport Services. Source: Japan AnalyticsBOTTOM FIVE PEER GROUPS - The bottom five Peer Groups in Japan by Results and Forecast/Revision Scores are Audio/Visual Content (chart below), Shikoku Banks, Rolling Stock, Marine Diesel Engines and Conveying Equipment.  Source: Japan AnalyticsRECOMMENDATIONSSpecific stock recommendations follow at the end of each section below.

Japan: Scoring Results & Forecasts - Part 2 - Peer Groups

Japan

Yellow Hat Ltd. operates specialty retail store chain of automotive related products throughout Japan.  The Company mainly wholesales merchandizes to franchise stores and also operates directly-run stores.  Yellow Hat sells tires, wheels, audio car audio & visual systems, car wash and chemical products, and car interior and exterior accessories.

Yellow Hat Ltd (9882 JP)

Screening the Silk Road: Q1 2021 All Cap Screening - Free Cashflow (FCF)

With the value/growth investment style ratio at 20-year lows, we present 27 names which hold characteristics worthy of further review.

David Lepper

Japan: Scoring Results & Forecasts - Part 2 - Peer Groups

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer...

Campbell Gunn