Chinese Express Firms Have Been Poor Proxies for E-Commerce/BABA Growth, & It's Likely to Get Worse
China's listed express parcel delivery companies have proven to be unreliable proxies for the growth of Chinese e-commerce in 2017, particularly...
209 Views
SG Holdings IPO: Decent Start; Fair-Ish Valuations but Some Upside from Price Hikes and M&A
SG Holdings opened 17% above its IPO price at JPY1,900 and has risen slightly in morning trading. We feel this debut is more or less within...
155 Views
SG Holdings IPO: Solid Business Strategy and Potential for Integration with Hitachi Transport
SG Holdings is the holding company of Sagawa Express, and is the number two player in home deliveries behind Yamato Holdings Co Ltd (9064 JP)....
384 Views
This Is Why You Should Own Start Today at Earnings and Especially This FY
Start Today is up 43% since we first wrote on the company on 16 Feb this year in Japan Small Cap Tour: Start Today a Promising Contender Among...
151 Views
Why Are Alibaba and Amazon Pouring Resources Into Logistics? For Two Very Different Reasons
A couple of weeks ago Chinese e-commerce giant Alibaba Group Holding Ltd (BABA US) paid US$800 mn increase its stake in money-losing logistics...
393 Views