Contextualizing EM Investment Opportunities, Pyramids and Pagodas

Pyramids and Pagodas

Established in 2022, Pyramids and Pagodas aims to cover underreported trends and companies across emerging markets (“EM”), with a particular focus on Asia and the Middle East. Our content targets a broad audience of investors and anyone seeking to capitalize on or learn more about undervalued investment opportunities in these regions. We have skin in the game for these ideas with a view to build a strong track record with demonstrable returns in the long run.

Contextualizing EM Investment Opportunities

Equity Bottom-Up

<ul><li>Spirits were high as we attended the TCL Electronics (1070.HK ) (“TCL”) investor conference last Thursday (28 March) at the Shangri-La in Hong Kong, following its after-market earnings release.</li><li>The results topped our own expectations in some areas, which we outlined in our recent write-up on the Company .</li><li>We decided to summarize the results, as well as management insights shared at the conference for added context.</li></ul>

Spirits were high as we attended the TCL Electronics (1070.HK ) (“TCL”) investor conference last Thursday (28 March) at the Shangri-La in Hong Kong, following its after-market earnings release.The results topped our own expectations in some areas, which we outlined in our recent write-up on the Company .We decided to summarize the results, as well as management insights shared at the conference for added context.

As Predicted, TCL Electronics (1070.HK) Wows with 2023 Results