Senior Investment Analyst, Black Crane Investment Mgmt Ltd

Perry Tan, CFA, CAIA, FRM

Senior Investment Analyst

Black Crane Investment Mgmt Ltd

Thematic (Sector/Industry)

<div>Jet.com was a $600m company last year before further fund raising.</div><div>It is now valued at $3.3bn after Wal-Mart's cash and stock acquisition announced earlier.</div><div>Jet.com charges a $49.99 per month annual fee to its customers and promises the lowest prices (they priced below Amazon and other competitors).</div><div>Their strategy backfired and suffered losses because they did not sign up with enough partner merchants and as a result, Jet.com employees had to sometimes buy from competing merchants at a loss, in…</div>

Jet.com was a $600m company last year before further fund raising.It is now valued at $3.3bn after Wal-Mart's cash and stock acquisition announced earlier.Jet.com charges a $49.99 per month annual fee to its customers and promises the lowest prices (they priced below Amazon and other competitors).Their strategy backfired and suffered losses because they did not sign up with enough partner merchants and as a result, Jet.com employees had to sometimes buy from competing merchants at a loss, in…

Founder, Riedel Research

David Riedel

Founder

Independent equity research on GEM Markets

Riedel Research

Riedel provides equity research and analysis to leading financial organizations. By becoming members of a region (Asia, Latin America, Emerging Europe or Global), organizations have access to an integrated set of services including:

Regular company coverage reports
Up-to-date investment decision advice (buy, hold, sell)
Monthly regional and global conference calls
Customized company reports and unlimited on-line access to the program's services.

Riedel provides research coverage of companies across the full range of market capitalization. Experienced research professionals in each market develop company reports and analysis as well as earnings models and projections. Ratings are Buy, Hold and Sell with a focus on compelling investment ideas - both long and short. Downloadable, dynamic earnings models are built to facilitate sensitivity analysis.

Please feel free to contact us for complimentary access to our written research.  We want to show you that our unique research flow can add value and help develop a long-term, high value-add relationship.

Riedel's model focuses on providing clients with unique insights and consulting in addition to unlimited access to all produced research This model allows members to receive exponential benefits for their retainer fees.

<p class="p1"><span class="s1">Last week the immediate shock from the Brexit eased considerably. It has become clear that all the Brexit vote really did was guarantee a prolonged period of uncertainty. It has also become clear that it will take months to gauge the impact that this prolonged period of uncertainty will have on both the Eurozone and global economy.</span></p>

Last week the immediate shock from the Brexit eased considerably. It has become clear that all the Brexit vote really did was guarantee a prolonged period of uncertainty. It has also become clear that it will take months to gauge the impact that this prolonged period of uncertainty will have on both the Eurozone and global economy.

What Investors Should Be Asking About A Brexit

Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

<p><strong>Transition from the Irish Stock Exchange to the London Stock Exchange</strong></p><p>Dragon Capital’s fund <a href="https://www.smartkarma.com/entities/22754" target="_blank" data-smartkarma-citation="entities:22754">Vietnam Enterprise Investments Limited</a>, which currently trades on the Irish Stock Exchange, may trade on the main market of the London Stock Exchange next month.  The company plans to hold an Extraordinary General Meeting on June the 21st to vote on the approval of this transfer, which is expected to potentially take place next month.  The fund currently manages over $850 million, and is most notable for…</p>

Transition from the Irish Stock Exchange to the London Stock ExchangeDragon Capital’s fund Vietnam Enterprise Investments Limited, which currently trades on the Irish Stock Exchange, may trade on the main market of the London Stock Exchange next month.  The company plans to hold an Extraordinary General Meeting on June the 21st to vote on the approval of this transfer, which is expected to potentially take place next month.  The fund currently manages over $850 million, and is most notable for…

Dragon Capital's VEIL Fund: A 3rd London Listing for Vietnam May Emerge Next Month

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Equity Bottom-Up

<p>In this report, we explain how <a href="https://www.smartkarma.com/entities/8994" target="_blank" data-smartkarma-citation="entities:8994">Woongjin Thinkbig Co Ltd</a> 's sales force conducts its aggressive marketing of its products out on the streets for its Woongjin Bookclub and other products. Plus, we review the company's cash flow, balance sheet, as well as update on an example of streaming video contents for children education (PBS Kids).  </p><p>We believe the recent share price of <a href="https://www.smartkarma.com/entities/8994" target="_blank" data-smartkarma-citation="entities:8994">Woongjin Thinkbig Co Ltd</a> falling about 10% presents an even greater attractive entry point. It was publicly reported on 7…</p>

In this report, we explain how Woongjin Thinkbig Co Ltd 's sales force conducts its aggressive marketing of its products out on the streets for its Woongjin Bookclub and other products. Plus, we review the company's cash flow, balance sheet, as well as update on an example of streaming video contents for children education (PBS Kids).  We believe the recent share price of Woongjin Thinkbig Co Ltd falling about 10% presents an even greater attractive entry point. It was publicly reported on 7…

Street Marketing, Cash Flow, & Potential Increase in Distribution for Streaming Digital Contents

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<p>Since listing in Nov 2015, the stock has risen 50% from its IPO price, as it continued to perform even post the 28% pop at listing. You can find our coverage for the listing here, <a href="https://www.smartkarma.com/insights/ipo-preview-growing-market-and-strategic-co-owner-combined-with-a-global-brand-means-its-set-to-fly" target="_blank">IPO Preview:Growing market and strategic co-owner combined with a global brand means its set to fly</a> and <a href="https://www.smartkarma.com/insights/quick-note-global-brand-at-an-attractive-price" target="_blank">Quick Note: Global brand at an attractive price</a>.</p><p>The post IPO performance was driven by the release of company's 1H16 (year end Jun) results in Feb 2016. We recently spoke to the company to get an update on the…</p>

Since listing in Nov 2015, the stock has risen 50% from its IPO price, as it continued to perform even post the 28% pop at listing. You can find our coverage for the listing here, IPO Preview:Growing market and strategic co-owner combined with a global brand means its set to fly and Quick Note: Global brand at an attractive price.The post IPO performance was driven by the release of company's 1H16 (year end Jun) results in Feb 2016. We recently spoke to the company to get an update on the…

IDP Education: First Test Them, Then Place Them

United Kingdom

Pearson plc provides education products and services to institutions, governments and individual learners in over 80 countries. The Company's major revenue markets are North America, 'Core' including the UK, Italy and Australia and 'Growth' including Brazil, China and South Africa. It also owns the Financial Times, 50% of the Economist and 47% of Penguin Random House.

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

Pearson Plc (PSON LN)

Wal-Mart's Acquisition of Jet.com

Jet.com was a $600m company last year before further fund raising.It is now valued at $3.3bn after Wal-Mart's cash and stock acquisition announced...

Perry Tan, CFA, CAIA, FRM

What Investors Should Be Asking About A Brexit

Last week the immediate shock from the Brexit eased considerably. It has become clear that all the Brexit vote really did was guarantee a prolonged...

David Riedel

Dragon Capital's VEIL Fund: A 3rd London Listing for Vietnam May Emerge Next Month

Transition from the Irish Stock Exchange to the London Stock ExchangeDragon Capital’s fund Vietnam Enterprise Investments Limited, which currently...

Nomadic Equity

Street Marketing, Cash Flow, & Potential Increase in Distribution for Streaming Digital Contents

In this report, we explain how Woongjin Thinkbig Co Ltd 's sales force conducts its aggressive marketing of its products out on the streets for its...

Douglas Kim

IDP Education: First Test Them, Then Place Them

Since listing in Nov 2015, the stock has risen 50% from its IPO price, as it continued to perform even post the 28% pop at listing. You can find...

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)