Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

Equity Bottom-Up

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<h2>Corporate &amp; Investment Highlights</h2>
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<p>Air Canada is a Canada-based airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and in the interna- tional market to and from Canada. It provides Aeroplan program which allows individuals to enroll as members and accumulate Aeroplan points through travel on Air Canada and select partners, as well as through the purchase of products and services from participating partners and suppliers. Its division Air Canada Cargo, is a global cargo service provider, offers cargo services on passenger flights and on all- cargo flights, including on dedicated freighter aircraft. Its tour operator, Air Canada Vacations, develops, markets and distributes vacation travel packages, operating in the outbound leisure travel market and in- bound leisure travel market to destinations within Canada, and offers cruise packages in North America, Europe, and the Caribbean. Air Canada Rouge is its leisure carrier. (Source: Reuters)</p>
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Corporate &amp; Investment Highlights




Air Canada is a Canada-based airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and in the interna- tional market to and from Canada. It provides Aeroplan program which allows individuals to enroll as members and accumulate Aeroplan points through travel on Air Canada and select partners, as well as through the purchase of products and services from participating partners and suppliers. Its division Air Canada Cargo, is a global cargo service provider, offers cargo services on passenger flights and on all- cargo flights, including on dedicated freighter aircraft. Its tour operator, Air Canada Vacations, develops, markets and distributes vacation travel packages, operating in the outbound leisure travel market and in- bound leisure travel market to destinations within Canada, and offers cruise packages in North America, Europe, and the Caribbean. Air Canada Rouge is its leisure carrier. (Source: Reuters)










Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

TSE Tokyo Price Index TOPIX / Technical Analysis

<p>Despite EAFE’s YTD outperformance relative to EM, EAFE and EM returns have generally been equal since August, shown by the stalemate in the EAFE vs. EM ratio. The U.S. dollar (DXY) is currently trading near support within the 16-17 month uptrend channel. Technicals suggest the most likely scenario is for the DXY uptrend to continue and for support to hold -- which would likely result in EAFE reasserting as leadership.  In this publication we highlight attractive investment themes and individual ideas across developed markets, with special attention given to Japan, Germany, Sweden, Italy, Spain, and Switzerland.</p>

Despite EAFE’s YTD outperformance relative to EM, EAFE and EM returns have generally been equal since August, shown by the stalemate in the EAFE vs. EM ratio. The U.S. dollar (DXY) is currently trading near support within the 16-17 month uptrend channel. Technicals suggest the most likely scenario is for the DXY uptrend to continue and for support to hold -- which would likely result in EAFE reasserting as leadership.  In this publication we highlight attractive investment themes and individual ideas across developed markets, with special attention given to Japan, Germany, Sweden, Italy, Spain, and Switzerland.

Developed Markets Strategy: Stick with Japan

Canada

Air Canada provides domestic and international carrier service. The Company provides scheduled and charter air transportation for passengers and cargo. AirCanada services Canada, the United States, Europe, Asia, the Middle East, and the Caribbean.

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Air Canada (AC CN)

Air Canada - Equity Research Flash Note

Corporate & Investment Highlights Air Canada is a Canada-based airline company. The Company is a provider of scheduled passenger...

VRS (Valuation & Research Specialists)

Developed Markets Strategy: Stick with Japan

Despite EAFE’s YTD outperformance relative to EM, EAFE and EM returns have generally been equal since August, shown by the stalemate in the EAFE...

Vermilion Research

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