ConsumerDaily Briefs

Daily Brief Consumer: WM Motor Technology Co Ltd, Nike, Colgate Palmolive Co, Levi Strauss & Co and more

In today’s briefing:

  • WM Motor Holding IPO – The Negatives – Has Ample Issues to Contend With
  • Nike Inc: Innovation For The Pregnant Women Niche & Other Drivers
  • Colgate-Palmolive: What Recent Results Mean For Long-Term Holders
  • Levi Strauss & Co: Collaboration With Reese Cooper & Other Drivers

WM Motor Holding IPO – The Negatives – Has Ample Issues to Contend With

By Sumeet Singh

  • WM Motor Technology Co Ltd (WMT CH) (WMM) is looking to raise about US$1bn in its upcoming Hong Kong IPO.
  • WM Motor is a smart EV player in China. As of the latest practicable date, it had a total of four main EV models. 
  • In this note, we talk about the not-so-positive aspects of the deal.

Nike Inc: Innovation For The Pregnant Women Niche & Other Drivers

By Ishan Majumdar

  • Nike Inc had another stellar quarter and managed to surpass Wall Street expectations in terms of revenues as well as earnings with plenty of new innovations coming out.
  • A new lifestyle show, Nike Spark Flynit, was launched that introduces the latest innovation of NIKE Running with the Spark cushioning system.
  • This quarter, in Jordan, Luka Doncic debuted his anticipated signature shoe Luka 1, during the NBA Playoff.

Colgate-Palmolive: What Recent Results Mean For Long-Term Holders

By Vladimir Dimitrov, CFA

  • Colgate-Palmolive (NYSE:CL) is hardly a business for risk-seeking and short-term oriented investors.
  • While the management has given us a master class in long-term value creation, the share price is also unlikely to make anyone rich quickly.
  • On the contrary, CL is an investment akin for anyone looking for steady value accumulation, superior risk-adjusted returns and a wide moat.

Levi Strauss & Co: Collaboration With Reese Cooper & Other Drivers

By Ishan Majumdar

  • Levi Strauss & Co continued to see a strong consumer demand in the last quarter as the management continued executing its strategic initiatives that are viewed clearly in the results.
  • Its strategic priorities continue to be focused on margin expansion with a direct-to-consumer (D2C) first approach.
  • We provide Levi Strauss with a ‘Buy’ rating and a revision in the target price.

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