In today’s briefing:
- India: Potential Free Float Changes & Passive Flows in May
- China Education Group (839 HK): On Balance, Worth a Bet Now
- Jumbo Interactive Ltd (JIN) – Sunday, Jan 28, 2024
- Tapestry Inc (TPR) – Sunday, Jan 28, 2024
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India: Potential Free Float Changes & Passive Flows in May
- Companies in India have disclosed their shareholding pattern as of end-March in April. There are companies with significant float changes from end-September and/or end-December.
- The changes in free float could be reflected in domestic and global indices over the next few weeks and months resulting in action from passive trackers.
- Depending on the date that the shareholding was published, there could be 14 stocks with passive inflows from global trackers while 7 could see passive outflows in May.
China Education Group (839 HK): On Balance, Worth a Bet Now
- China Education Group (839 HK) has turned more attractive after a valuation retreat and the return of reported and adjusted net profit to a positive trend in its 1H24 result.
- Increase in the proportion of undergraduate studies, a better subject specialisation mix, higher accommodation revenue, and a rise in international education will drive unit student revenue.
- More capacity upgrades will allow for a steady increase in student enrollment. Management expects adjusted EBITDA margin to stay stable in the next few years.
Jumbo Interactive Ltd (JIN) – Sunday, Jan 28, 2024
Key points
- Jumbo Interactive Ltd (ASX: JIN) operates in the online lottery industry in Australia, with a 20% market share and offering digital Australian lottery tickets through its mobile app and website.
- The company, founded in 1995 by CEO Mike Veverka, is highly cash generative and has a favorable duopolistic market structure, positioning it for potential stock value growth and expansion as more customers shift to online channels.
- JIN is viewed as a defensive investment option with strong margins and cash generation potential, particularly through its SaaS/Managed Services offering, making it an appealing choice for investors looking for long-term growth.
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.
Tapestry Inc (TPR) – Sunday, Jan 28, 2024
- Decline in TPR’s stock price after acquisition announcement
- Author believes acquisition will benefit Tapestry Inc financially and strategically
- Author sees dip in stock price as buying opportunity and remains bullish on TPR’s long-term prospects
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.