Tencent (700.HK): Valuing Wechat Channels
We value Wechat Channels at $29 billion, roughly 6% of Tencent's market cap. The social graph underpinning the product is a double-edge sword -...
444 Views
Meta Platforms: A Value Opportunity In The Tech Environment
META’s sustainable earnings come up with at least 30% to 35% upside potential. There is a huge margin of safety at the current price, and multiple...
317 Views
TMT Short Idea: Pinterest
Pinterest has been a sneaky strong TMT long for the past 6 months on hopes its new CEO Bill Ready will deliver the holy grail of ecommerce to the...
544 Views
Growatt Technology Pre-IPO - Still Looks Good, Updated Thoughts on Valuation
Growatt Technology (1833969D CH) is looking to raise about US$1bn in its upcoming Hong Kong IPO. In this note, we’ll provide our updated thoughts...
551 Views
When Will the Magnificent Seven Break New High Again?
The Magnificent Seven outperform S&P500 in 2023 with a 111.6% increase, but are now below peak levels. Whether they can break new high again...
83 Views