M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

Event-Driven

General Cable, the producer of cables and wires that has been reviewing strategic alternatives, may be of interest to Asian peers, sources told CTFN. A banker familiar with the sector said that the European Commission would take a hard look at a potential acquisition of General Cable by Italy's listed cable producer Prysmian and by Paris listed Nexans.

General Cable, the producer of cables and wires that has been reviewing strategic alternatives, may be of interest to Asian peers, sources told CTFN. A banker familiar with the sector said that the European Commission would take a hard look at a potential acquisition of General Cable by Italy's listed cable producer Prysmian and by Paris listed Nexans. 

Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

Japanese and Asian equity long/short strategies

Uzabase

Specialising in Japanese and Asian equity long/short strategies with a focus on rigorous, but targeted quantitative analysis to temper evaluations of company strategy, potential and vision. At Uzabase, our team of analysts provides coverage of industry dynamics with a local Asian flavour on Speeda, our financial information platform. Going forward we are aiming to channel our focus toward thematic research on emerging industries and company research.

Equity Bottom-Up

Harmonic Drive Systems / Equity Bottom-Up

On July 14th <a href="https://www.smartkarma.com/entities/10238" target="_blank" data-smartkarma-citation="entities:10238:1">Harmonic Drive Systems Inc (6324 JP)</a> (HDS) released order and sales numbers at the parent level, with orders up 179% YoY and 30% QoQ to JPY17,985m. Orders for industrial robots were up 174% YoY and 36% QoQ hitting JPY11,754m. These figures compare with the JPY8,352m in overall sales and JPY4,486m in industrial robot related sales in 1QFY03/18 indicating an extremely strong order environment. The share price reacted positively, rising 6.2% vs. pre-announcement levels and is now up…

On July 14th Harmonic Drive Systems Inc (6324 JP) (HDS) released order and sales numbers at the parent level, with orders up 179% YoY and 30% QoQ to JPY17,985m. Orders for industrial robots were up 174% YoY and 36% QoQ hitting JPY11,754m. These figures compare with the JPY8,352m in overall sales and JPY4,486m in industrial robot related sales in 1QFY03/18 indicating an extremely strong order environment. The share price reacted positively, rising 6.2% vs. pre-announcement levels and is now up…

Harmonic Drive Orders Up 179% YoY; LT Story Still Attractive but Expectations May Be Too High

We visited <a href="https://www.smartkarma.com/entities/2458" target="_blank" data-smartkarma-citation="entities:2458:1">Yaskawa Electric Corp (6506 JP)</a> on Friday to delve into current market shares for their various products, assess the company's stance on the long-term opportunity for Cobots and understand their products better. We would further note positive <a href="http://www.nikkei.com/nkd/company/article/?DisplayType=1&amp;n_cid=DSMMAA13&amp;ng=DGXLZO17860660Z10C17A6TJ2000&amp;scode=6954&amp;ba=1" target="_blank">news on capacity expansion</a> from the Japanese Nikkei. The article says that Yaskawa could raise global monthly robot production capacity from 3,000 units to 5,000 units by 2019, doubling capacity in China to more than 1,200 units per month.Since…

We visited Yaskawa Electric Corp (6506 JP) on Friday to delve into current market shares for their various products, assess the company's stance on the long-term opportunity for Cobots and understand their products better. We would further note positive news on capacity expansion from the Japanese Nikkei. The article says that Yaskawa could raise global monthly robot production capacity from 3,000 units to 5,000 units by 2019, doubling capacity in China to more than 1,200 units per month.Since…

Yaskawa Electric Visit: Steady Performance but Time to Tilt Long Yaskawa/Short Fanuc Pair Shorter

Equity Research Analyst, Maritime sector, Drewry Maritime Financial Research

Ankush Kathuria CFA, FRM

Equity Research Analyst, Maritime sector

Maritime Sector, Equity & Credit Research

Drewry Maritime Financial Research

With no ties to other players in the shipping, finance or banking world, we provide a uniquely impartial view of the markets and companies we cover. Our parent organization, Drewry is a leading independent provider of research services to the maritime and shipping industry, employing over 100 professionals across an international network of offices in London, Delhi, Singapore and Shanghai. Combining our market-leading resources with seasoned sector expertise DFRS offers a highly differentiated and comprehensive range of investment and financial research services to lenders and prospective investors in publicly listed maritime and shipping companies. The full service of reports, supporting resources and sector orientated webinars provides our clients with the most complete picture of the organisations under coverage as is possible. We have been charting and analysing the world’s maritime markets for more than 40 years. This unrivalled intelligence and understanding provides the foundation of our research service. Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. We look at globally listed companies within the following sectors: Port Operators, Container Shipping, Container Manufacturing & Leasing, LNG Shipping, Dry Bulk Shipping and Tanker Shipping. Combine in-depth sector expertise with financial analysis focusing on over 50 stocks globally.

Thematic (Sector/Industry)

Container Shipping - Asia Import Drive Will Boost Asia-Europe-Asia Box Profits for CarriersBackground - Space shortage has disrupted the Europe-Asia container trade in February and March and European exporters face highly unusual space crunch. This is highly unusual for a ‘back-haul’ route where ship utilization rarely reaches 70%. Carriers charged an ‘emergency minimum rate’ to accept bookings and some of them have put a stop to bookings until mid-April. Boxes already on the quay are getting…

Container Shipping - Asia Import Drive Will Boost Asia-Europe-Asia Box Profits for CarriersBackground - Space shortage has disrupted the Europe-Asia container trade in February and March and European exporters face highly unusual space crunch. This is highly unusual for a ‘back-haul’ route where ship utilization rarely reaches 70%. Carriers charged an ‘emergency minimum rate’ to accept bookings and some of them have put a stop to bookings until mid-April. Boxes already on the quay are getting…

Container Shipping - Asia Import Drive Will Boost Asia-Europe-Asia Box Profits for Carriers

Dry Bulk Shipping - Why It’s Time for Dry Bulk Stocks to Take a BreatherWe have been positive on the dry bulk sector since mid-2016 but the near term valuations seem undemanding to us and are at risk of running ahead of fundamentals. The bottoming out process in 2016 and subsequent run up in 2017 has been on the back of reversal in asset values, narrowing supply-demand imbalance and expectations of supportive commodity demand. We have earlier talked about the sector under ownership and…

Dry Bulk Shipping - Why It’s Time for Dry Bulk Stocks to Take a BreatherWe have been positive on the dry bulk sector since mid-2016 but the near term valuations seem undemanding to us and are at risk of running ahead of fundamentals. The bottoming out process in 2016 and subsequent run up in 2017 has been on the back of reversal in asset values, narrowing supply-demand imbalance and expectations of supportive commodity demand. We have earlier talked about the sector under ownership and…

Dry Bulk Shipping - Why It's Time for Dry Bulk Stocks to Take a Breather

Switzerland

ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation, and robotics.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

ABB Ltd (ABBN VX)

General Cable Could Attract Asian Peers

General Cable, the producer of cables and wires that has been reviewing strategic alternatives, may be of interest to Asian peers, sources told...

CTFN

Harmonic Drive Orders Up 179% YoY; LT Story Still Attractive but Expectations May Be Too High

On July 14th Harmonic Drive Systems Inc (6324 JP) (HDS) released order and sales numbers at the parent level, with orders up 179% YoY and 30% QoQ...

Mio Kato

Yaskawa Electric Visit: Steady Performance but Time to Tilt Long Yaskawa/Short Fanuc Pair Shorter

We visited Yaskawa Electric Corp (6506 JP) on Friday to delve into current market shares for their various products, assess the company's stance on...

Mio Kato

Container Shipping - Asia Import Drive Will Boost Asia-Europe-Asia Box Profits for Carriers

Container Shipping - Asia Import Drive Will Boost Asia-Europe-Asia Box Profits for CarriersBackground - Space shortage has disrupted the...

Drewry Maritime Financial Research

Dry Bulk Shipping - Why It's Time for Dry Bulk Stocks to Take a Breather

Dry Bulk Shipping - Why It’s Time for Dry Bulk Stocks to Take a BreatherWe have been positive on the dry bulk sector since mid-2016 but the near...

Drewry Maritime Financial Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)