Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 15 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Caterpillar November 2016 Sales -17%, Terrible Risk Reward

Caterpillar December Sales -12% YoY, Q4 2016 Sales to Average -15% YoY

Caterpillar : Up 29% YTD. Paying For A Recovery That's Not Happened Yet ?

Kelusa Asia Focus Funds

Equity Bottom-Up

Caterpillar just came out with their September retail sales number. It makes for poor reading with data in the US continuing to get worse.  This is a brief snapshot of their sales.  These sales numbers are 3-month rolling YoY numbers. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/015/245/original/CATnew1.png?1477324405" class="editor-image img-responsive" data-smartkarma-image-id="15245"></figure>Source : CompanyWhile the recovery in Asia continues courtesy China the most important piece to watch for is the US sales. I've highlighted the importance of this bit in my previous piece <a href="https://www.smartkarma.com/insights/caterpillar-up-29-ytd-paying-for-a-recovery-that-s-not-happened-yet" target="_blank" data-smartkarma-citation="insights:6511">Caterpillar : Up 29% YTD. Paying For A Recovery That’s Not Happened Yet ?</a> …

Caterpillar just came out with their September retail sales number. It makes for poor reading with data in the US continuing to get worse.  This is a brief snapshot of their sales.  These sales numbers are 3-month rolling YoY numbers. Source : CompanyWhile the recovery in Asia continues courtesy China the most important piece to watch for is the US sales. I've highlighted the importance of this bit in my previous piece Caterpillar : Up 29% YTD. Paying For A Recovery That’s Not Happened Yet ? …

Caterpillar September 2016 Retail Sales -18% YoY

Caterpillar Inc

Caterpillar September 2016 Retail Sales -18% YoY