In today’s briefing:
- Asia Gaming: The Compelling Case for Galaxy Entertainment Group Founded on Balance Sheet Strength
- Corning Incorporated: Initiation of Coverage – Business Strategy, Segment, New Glass Composition, & Other Drivers Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (07/22)
Asia Gaming: The Compelling Case for Galaxy Entertainment Group Founded on Balance Sheet Strength
- Galaxy presents a bull case as Macau still struggles with Beijing zero tolerance policy.
- Its huge cash position will comfortably outlast the monthly burn rate for at least three to five years ahead by which time, covid might be long gone.
- Galaxy stock is caught in the overall bearish outlook on the sector. Time to accumulate with a relatively low risk on.
Corning Incorporated: Initiation of Coverage – Business Strategy, Segment, New Glass Composition, & Other Drivers Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (07/22)
- This is our first report on the material science behemoth, Corning.
- Both the gross margin and operating margin have been increasing since the start of 2022.
- The company also collaborated with 5E Advanced Materials to supply boron specialty materials.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
