In today’s briefing:
- Makino Milling (6135) – Trading Through Terms, May Need Investor Pushing
- Axiscades Technologies Ltd- Forensic Analysis
- LS Electric: Increasing Supplies for Distribution Board Components to Elon Musk’s XAI Data Centers
- MSC Industrial Direct Co Has Bold Investment Plans For Market Expansion But Will They Work? – Major Drivers
- Monthly Chinese Express Tracker: Fight For Parcel Volume Share Heated Up in Q424 (January 2025)
Makino Milling (6135) – Trading Through Terms, May Need Investor Pushing
- Nidec Corp (6594 JP) in late December proposed an unsolicited takeover of Makino Milling Machine Co (6135 JP), with a 3-month delay before launching a Tender Offer.
- Makino has asked for an extension to the start. Nidec has said no. Makino is going about this the wrong way. Makino needs to assume Nidec thought this through.
- Makino needs to open up the process to other bidders, and investors can help.
Axiscades Technologies Ltd- Forensic Analysis
- Axiscades Engineering Technologies (AXET IN) provides comprehensive engineering and technology solutions for global manufacturers in diverse sectors such as aerospace, defence, automotive, energy, electronics, and heavy engineering.
- The acquisition of Mistral Solutions using deferred consideration has helped the group grow its turnover and net profit during the last six years
- Our concerns stem from the current vacuum in top management due to exits of senior personnel in spite of high remuneration levels, risk of goodwill impairment, few questionable transactions, etc.
LS Electric: Increasing Supplies for Distribution Board Components to Elon Musk’s XAI Data Centers
- LS Electric, one of the major power equipment providers in Korea, became a new supplier of distribution board components to Elon Musk’s xAI data centers in Memphis, Tennessee.
- Some of the major electric utilities and other companies in the US have been reluctant to use electrical equipment products from China due to quality and security concerns.
- Therefore, leading Korean companies such as LS Electric have been beneficiary of receiving more orders from the major US electrical utilities and other major companies in the US.
MSC Industrial Direct Co Has Bold Investment Plans For Market Expansion But Will They Work? – Major Drivers
- MSC Industrial Supply Co.’s first-quarter fiscal 2025 performance reflects a mixture of both achievements and ongoing challenges in line with its strategic objectives and the current economic climate.
- The company recorded a modest improvement against its sales expectations, with average daily sales surpassing initial guidance despite an overall 2.7% year-over-year decline.
- This decline was narrower than anticipated, driven by growth in the public sector and sustained momentum in their solutions offerings, notably within November, though these gains are not seen as indicative of a long-term trend.
Monthly Chinese Express Tracker: Fight For Parcel Volume Share Heated Up in Q424 (January 2025)
- In Q424, there were dramatic shifts in share among the six listed Chinese express companies
- STO and J&T gained the most volume share, while volume leader ZTO gave up the most
- STO won share without ceding much price; ZTO still has not settled on a new strategy
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
