In today’s briefing:
- Warren Buffett’s Investments in Japanese Trading Firms: Impact on Korean Trading Companies
- Cainiao Pre-IPO – The Negatives – Growth Still Driven by China Ops, Pricing Pressure Persists
- What’s Trending: Oil plays in spotlight as crude prices rise
- Parker-Hannifin Corporation: The Strategic Shift That Doubled Their Presence in Key Industries! – Major Drivers
Warren Buffett’s Investments in Japanese Trading Firms: Impact on Korean Trading Companies
- We believe that Warren Buffett’s investments in Japanese trading companies have also positively impacted several Korean trading companies in the past three years.
- We highlighted seven Korean trading companies three years ago including Posco International and their share prices are up more than 76% on average in this period.
- Despite their outstanding share price performance in the past three years, there could be some significant headwinds ahead, as evidenced by the steep inverted yield curve.
Cainiao Pre-IPO – The Negatives – Growth Still Driven by China Ops, Pricing Pressure Persists
- Cainiao Smart Logistics, Alibaba Group Holding (9988 HK)’s logistics linked arm, is planning to raise at least US$1bn in its Hong Kong IPO.
- Cainiao is the largest provider of cross-border e-commerce logistics services globally and a leader in China logistics services, according to CIC.
- In this note, we talk about the not-so-positive aspects of the deal.
What’s Trending: Oil plays in spotlight as crude prices rise
- What you need to know about the SG market #whatstrending feat. #whatstrending is a new series addressing some of the most trending questions/topics on the markets for investors.
- Global oil demand growth expected to exceed supply growth in 2023 What are companies that have benefitted from higher oil prices?.
Parker-Hannifin Corporation: The Strategic Shift That Doubled Their Presence in Key Industries! – Major Drivers
- In the fourth quarter, Parker-Hannifin achieved a decent performance across all aspects of its operations.
- Safety remained a top priority, with a remarkable 20% reduction in recordable incidents, placing the company in the top quartile for safety.
- Sales for the quarter reached a record-breaking $5.1 billion, marking a substantial 22% increase compared to the previous year, with organic growth contributing to 6% of this growth.
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