In today’s briefing:
- KLine (Kawasaki Kisen 9107) Announced Q2 Earnings and Possibly Game-Able Buyback (And Index Impact)
- Disco (6146 JP): Not Immune to a Downturn
- Shanghai/Shenzhen Northbound Connect: Weekly Moves (3 November 2022)
- American Rebel Holdings Inc.: Interesting Set Of Updates With Respect To The Champion Acquisition & Diversification
- Laser Photonics Corporation: An Emerging Star In The Laser Cleaning Industry
KLine (Kawasaki Kisen 9107) Announced Q2 Earnings and Possibly Game-Able Buyback (And Index Impact)
- Strong but slightly disappointing Q2 earnings from Kawasaki Kisen Kaisha (9107 JP), and full-year forecasts are higher, but not as high as consensus.
- The company has announced a buyback, to be executed on ToSTNeT-3. Effissimo and Mizuho Bank will participate. Other crossholders could too.
- Strategy depends on whether you think they will. If they do not, post-buyback float drops sharply.
Disco (6146 JP): Not Immune to a Downturn
- The share price is at the top of its trading range, but management sees YoY sales and profit growth dropping to single digits this quarter.
- On a QoQ basis, guidance is for double-digit declines, but that is partly seasonal.
- The shares have been in a trading range for almost two years. As interest rates rise, economies slow and the semiconductor down-cycle continues, watch out.
Shanghai/Shenzhen Northbound Connect: Weekly Moves (3 November 2022)
- Inside is a recap of movements in the last week relating to the Hong Kong Stock Exchange -Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry.
- Overall, net outflow over the past week was ~US$2.4bn, split between Shanghai (-US$1.15bn) and Shenzhen (-US$1.25bn).
- The largest inflows were into CATL (300750 CH) and Pylon Technologies (688063 CH). The largest outflows were in Kweichow Moutai (600519 CH) and Inner Mongolia Yili Industrial Group (600887 CH).
American Rebel Holdings Inc.: Interesting Set Of Updates With Respect To The Champion Acquisition & Diversification
- American Rebel is a manufacturer a high-tech safes and vaults provider for the modern American consumer.
- The American Rebel brand has been known for its distinctly American flavor and a strong level of patriotism associated with its practices.
- Over the past months, the management has been extremely active in terms of executing its inorganic growth strategy and also diversifying its offerings.
Laser Photonics Corporation: An Emerging Star In The Laser Cleaning Industry
- This is our first research note on Laser Photonics and we look to provide an overview of the company operations before diving deeper into its valuation with a full-fledged valuation report which will be released soon.
- The automotive, building and metalworking industries’ strong need for these technologies and the growing interest in robotic cleaning technologies all support the market’s growth.
- Laser Photonics is one of the very few American players in the laser blasting space and offers a cutting-edge solution to the significant rust issue that plagues various industries.
💡 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
