Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Meidong: Capital Raise, There's Never a Right Time

China Auto: ICE Price War Triggered by Dongfeng, JV Players Under Pressure

EVA Precision: Updates, Poised For a Rally

China Auto - Trough Behind Us, Green Shoots Ahead

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

Eva Precision Industrial Holdings / Equity Bottom-Up

Eva Precision Industrial Holdings (838 HK)

<ul>
<li>After rallying a fair bit at the beginning of 2023, we have seen sharp pullbacks in <a href="https://www.smartkarma.com/entities/eva-precision-industrial-holdings-ltd" target="_blank" data-smartkarma-citation="entities:17511:1" rel="noopener">Eva Precision Industrial Holdings (838 HK)</a> and <a href="https://www.smartkarma.com/entities/china-meidong-auto-holdings-limited" target="_blank" data-smartkarma-citation="entities:10795:1" rel="noopener">China MeiDong Auto (1268 HK)</a> share prices.</li>
<li>We believe the price cuts highlighted by <a href="https://www.smartkarma.com/profiles/victoria-li-37be10a4-61ab-4f2c-8657-201b7837050d" target="_blank" data-smartkarma-citation="accounts:780" rel="noopener">Victoria Li</a> in her insight <a href="https://www.smartkarma.com/insights/china-auto-ice-price-war-triggered-by-dongfeng-jv-players-under-pressure" target="_blank" data-smartkarma-citation="insights:97517" rel="noopener">China Auto: ICE Price War Triggered by Dongfeng, JV Players Under Pressure</a> are a significant cause. </li>
<li>While we like both stocks and they are cheap, we feel both companies will face short to medium-term pain in their businesses and share prices as the saga unfolds.</li>
</ul>


After rallying a fair bit at the beginning of 2023, we have seen sharp pullbacks in Eva Precision Industrial Holdings (838 HK) and China MeiDong Auto (1268 HK) share prices.
We believe the price cuts highlighted by Victoria Li in her insight China Auto: ICE Price War Triggered by Dongfeng, JV Players Under Pressure are a significant cause. 
While we like both stocks and they are cheap, we feel both companies will face short to medium-term pain in their businesses and share prices as the saga unfolds.


Thoughts On The Recent Pullbacks in Meidong and EVA