External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Seaboard Corporation is an agribusiness conglomerate owned by the Bresky family for over a century</li><li>Recent downturn in operating income due to losses in pork business, but historically maintained 11% ROE</li><li>Stock price of $3,062 trades at low 0.64x book value, potential for 100% return if company achieves 8% ROE in next three years and returns to historical book value ratio of 1.2x</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Seaboard Corporation is an agribusiness conglomerate owned by the Bresky family for over a centuryRecent downturn in operating income due to losses in pork business, but historically maintained 11% ROEStock price of $3,062 trades at low 0.64x book value, potential for 100% return if company achieves 8% ROE in next three years and returns to historical book value ratio of 1.2xThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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

<ul>
<li>We are getting the test of the lows we have been calling for, following some indiscriminate selling late last week which produced back-to-back 80%+ downside volume days on the NYSE.</li>
<li>There can certainly be more 80%-90%+ downside days that take the indexes to new lows.</li>
<li>We need to see back-to-back 80%+ upside volume days or one 90%+ upside day on the NYSE in order to have confidence that a major market bottom is in place</li>
</ul>


We are getting the test of the lows we have been calling for, following some indiscriminate selling late last week which produced back-to-back 80%+ downside volume days on the NYSE.
There can certainly be more 80%-90%+ downside days that take the indexes to new lows.
We need to see back-to-back 80%+ upside volume days or one 90%+ upside day on the NYSE in order to have confidence that a major market bottom is in place


Panic Selling Achieved, Now Waiting for Panic Buying; Major Indexes At/Near Support

ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

ASEAN Insight Provider

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

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<p><a href="https://www.smartkarma.com/entities/sea-ltd" target="_blank" data-smartkarma-citation="entities:8509:1" rel="noopener">Sea Ltd (SE US)</a> released a set of what can be described as blowout 4Q2020 and FY2020 results, with +103% growth YoY in total GAAP revenues in 4Q2020, +111% growth in total GAAP Digital Entertainment Revenues, and a spectacular +178% YoY growth in e-commerce revenues for 4Q2020. What was also highly encouraging was the company's guidance for FY2021, which seems well-ahead of analyst expectations, which will likely need to play catch up.</p>
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<p>The digital entertainment business saw a continued growth of its user base both in terms of quarterly active users and quarterly paying active users.</p>
<p>Bookings for the digital entertainment business were US$1bn, up +111% whilst adjusted EBITDA came in at US$663.5m, up by +149.1% YoY.</p>
<p>The company's self-developed game <em>Free Fire </em>was the most downloaded mobile game globally in 2020, maintaining its pole position for the second year running.</p>
<p>In the e-commerce business, the company registered a +135% growth in gross orders to 1,0233.2m and +113% growth in gross merchandise orders (GMV) to US$11.9bn.</p>
<p><a href="https://www.smartkarma.com/entities/sea-ltd" target="_blank" data-smartkarma-citation="entities:8509:1" rel="noopener">Sea Ltd (SE US)</a> is also seeing increasing adoption of its Sea Money offerings with its mobile wallet generating US$2.9bn in transaction value in 4Q2020 and 23.2m quarterly paying users.</p>
<p><a href="https://www.smartkarma.com/entities/sea-ltd" target="_blank" data-smartkarma-citation="entities:8509:1" rel="noopener">Sea Ltd (SE US)</a> has also acquired a 100% stake in Composite Capital Management, a Hong Kong licensed global investment management firm founded and led by David Ma. This will effectively become an incubator for the company's investments.</p>
<p>The company has also recently appointed Dr Yan Shuicheng as its Chief Science Officer to build and lead Sea AI Labs. He is a leading expert in developing artificial intelligence, with a key focus on computer vision, machine learning, and multimedia analysis.</p>
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<section class="figure">For FY2021 guidance, the company is expecting significant sales growth for both digital entertainment and e-commerce, which suggests numbers significantly above current analyst expectations.</section>


Sea Ltd (SE US) released a set of what can be described as blowout 4Q2020 and FY2020 results, with +103% growth YoY in total GAAP revenues in 4Q2020, +111% growth in total GAAP Digital Entertainment Revenues, and a spectacular +178% YoY growth in e-commerce revenues for 4Q2020. What was also highly encouraging was the company's guidance for FY2021, which seems well-ahead of analyst expectations, which will likely need to play catch up.

The digital entertainment business saw a continued growth of its user base both in terms of quarterly active users and quarterly paying active users.
Bookings for the digital entertainment business were US$1bn, up +111% whilst adjusted EBITDA came in at US$663.5m, up by +149.1% YoY.
The company's self-developed game Free Fire was the most downloaded mobile game globally in 2020, maintaining its pole position for the second year running.
In the e-commerce business, the company registered a +135% growth in gross orders to 1,0233.2m and +113% growth in gross merchandise orders (GMV) to US$11.9bn.
Sea Ltd (SE US) is also seeing increasing adoption of its Sea Money offerings with its mobile wallet generating US$2.9bn in transaction value in 4Q2020 and 23.2m quarterly paying users.
Sea Ltd (SE US) has also acquired a 100% stake in Composite Capital Management, a Hong Kong licensed global investment management firm founded and led by David Ma. This will effectively become an incubator for the company's investments.
The company has also recently appointed Dr Yan Shuicheng as its Chief Science Officer to build and lead Sea AI Labs. He is a leading expert in developing artificial intelligence, with a key focus on computer vision, machine learning, and multimedia analysis.



For FY2021 guidance, the company is expecting significant sales growth for both digital entertainment and e-commerce, which suggests numbers significantly above current analyst expectations.

Sea Ltd (SE US) - Metamorphosis in Motion

<p>In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more cautious outlook. We also highlight attractive Groups and stocks within the Consumer Staples and Materials Sectors </p>

In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more cautious outlook. We also highlight attractive Groups and stocks within the Consumer Staples and Materials Sectors 

U.S. Equity Strategy: Outlook Deteriorating; Upgrading Staples

<p>Market activity, both bonds and stocks, has been all about realigning expectations. Wednesday’s Fed announcement was more dovish than expected, and the market is now pricing in roughly 25bps of cuts by the end of 2019. Stocks reacted positively on Thursday, but then reversed (and then some) on Friday as global growth concerns became a little more serious. We continue to maintain our positive outlook. In today’s report we recap our bullish investment thesis and highlight attractive Groups and stocks within Consumer Staples, Materials, and Services.</p>

Market activity, both bonds and stocks, has been all about realigning expectations. Wednesday’s Fed announcement was more dovish than expected, and the market is now pricing in roughly 25bps of cuts by the end of 2019. Stocks reacted positively on Thursday, but then reversed (and then some) on Friday as global growth concerns became a little more serious. We continue to maintain our positive outlook. In today’s report we recap our bullish investment thesis and highlight attractive Groups and stocks within Consumer Staples, Materials, and Services.

U.S. Equity Strategy: Bullish Outlook Intact

United States

Seaboard Corporation is a diversified international agribusiness and transportation company that primarily produces and processes domestic pork and ships cargo.  The Company also merchandises commodities, mills flour and feed, farms produce, produces sugar, and generates electric power overseas.

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Seaboard Corp (SEB US)

Seabord (SEB) - Tuesday, Jul 9, 2024

Stock price of $3,062 trades at low 0.64x book value, potential for 100% return if company achieves 8% ROE in next three years and returns to...

Value Investors Club

Panic Selling Achieved, Now Waiting for Panic Buying; Major Indexes At/Near Support

Now that we have seen indiscriminate panic selling, we are now looking for panic buying in order to have confidence that a major market bottom is...

Vermilion Research

Sea Ltd (SE US) - Metamorphosis in Motion

Sea Ltd continues to achieve higher than expected rates of growth both for its digital entertainment and e-commerce business, with digital...

Angus Mackintosh

U.S. Equity Strategy: Outlook Deteriorating; Upgrading Staples

In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more...

Vermilion Research

U.S. Equity Strategy: Bullish Outlook Intact

Market activity, both bonds and stocks, has been all about realigning expectations. Wednesday’s Fed announcement was more dovish than expected, and...

Vermilion Research

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