Cathay Pacific: The Hubris of the Last Decade and the Long Flight Down from China Windfall
CX shares were generally downgraded or maintained underweight prior to the poor set of 1H16 results mid-August. Having the stock on a buy, as some...
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Air China H1 Result Shows Progress on Cost-Cutting, OP up 20% Y/Y; Negative Read-Through for Ctrip
Air China Ltd (H) (753 HK) H1 results (out late in the day on August 30th) showed continued success in cost-cutting, specifically efforts to reduce...
181 Views
Why Cathay Pacific's H1 Results Don't Matter to Air China
Cathay Pacific Airways (293 HK) on Wednesday reported a disappointing set of results, with revenue down -9% YoY and earnings per share down -82%...
201 Views
Building a Rules Based Perpetual Portfolio(Incl Global Investor Q & A)
It is no easy task generating decent relatively low-risk long-term returns portfolio. Over the last decade I have put a lot of thinking into...
202 Views
Air China: International Demand and Fuel Still Tailwinds, CX Challenges Well-Known; Reiterate Buy
In our initial note on Air China Ltd (H) in May, we recommended investors buy its shares based on several factors. First, two long-term "headwinds"...
193 Views