Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Equity Bottom-Up

<ul><li>Solid long-term earnings growth, good price momentum, and good cost management relative to its sector</li><li>SUVs and Crossovers should continue to drive sales, accounted for about 45% of sales volume in 1Q18 and overall volume grew by 39% YoY</li><li>The 6,000 Lynk &amp; Co 01 available for presale on November 17 sold out in 137 seconds, in 1Q18 18,700 units were sold, the price range of US$24-31,000 should make it a serious competitor in the Chinese market</li><li>Still attractive at a 18CE* PEG ratio of 0.4 versus Asian sector at 0.6</li><li>Risks: Negative impact from loss-making assets in Proton and Lotus from parent, slow down in Chinese economy, Lynk &amp; Co bottlenecks</li></ul><p><em>* Consensus Estimates</em></p>

Solid long-term earnings growth, good price momentum, and good cost management relative to its sectorSUVs and Crossovers should continue to drive sales, accounted for about 45% of sales volume in 1Q18 and overall volume grew by 39% YoYThe 6,000 Lynk &amp; Co 01 available for presale on November 17 sold out in 137 seconds, in 1Q18 18,700 units were sold, the price range of US$24-31,000 should make it a serious competitor in the Chinese marketStill attractive at a 18CE* PEG ratio of 0.4 versus Asian sector at 0.6Risks: Negative impact from loss-making assets in Proton and Lotus from parent, slow down in Chinese economy, Lynk &amp; Co bottlenecks* Consensus Estimates

Geely (175 HK): SUVs and Crossovers to Drive Growth

Geely Auto

Geely (175 HK): SUVs and Crossovers to Drive Growth