Investment Research - Asia Consumer Sector, Investory

Devi Subhakesan

Investment Research - Asia Consumer Sector. 

Equity Research experience of over 20 years. Earlier, Analyst for leading Buy and Sell-side institutions, covering markets in ASEAN, India, and North Asia. Expertise spans various sectors - Consumer Discretionary, Media, Textiles, Oil, Gas, and Coal.
Passionate about mindfulness and meditation.

Investment Research - Asia Consumer Sector

H&H (1112 HK): Near Term Gloom Not Bad Enough to Lead to Long Term Doom.

H&H Holdings: Growing Adult, Pet Care Offset Slowing Baby Care. Segment Valuation Suggest Upside

Health & Happiness (1112 HK): Up 100% Since Nov. 2022. Still Awaiting a Re-Rating Upside

Pet Care Sector in Asia: Saga Has Just Started. Opportunities Galore.

Health & Happiness (1112 HK): 2H2020 -Strong Sales Growth in China Calms Daigou Pain. Stock Upside

Health & Happiness (1112 HK): Upside Potential. Pet Care Adds to NutriPower. Q4 Preview.

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

Event-Driven

Health And Happiness (H&H) / Event-Driven

<a href="https://www.smartkarma.com/entities/health-and-happiness-h-h-int" target="_blank" data-smartkarma-citation="entities:20582:1" rel="noopener">Health And Happiness (H&amp;H) (1112 HK)</a> announced a USD 610 Mn acquisition of a privately-held US-based pet nutrition company, Zesty Paws. In this report, we discuss the acquisition details and significance of this deal for Health and Happiness both in terms of business outlook and impact on its financials.With China's long-term birth rate on a decline despite regulatory intervention ( <a href="https://www.smartkarma.com/insights/china-s-3-child-policy-unlikely-to-reverse-trend-child-care-stocks-can-derate-prefer-diverse-plays" target="_blank" data-smartkarma-citation="insights:52433" rel="noopener">China's 3-Child Policy Unlikely to Reverse Trend. Child-Care Stocks Can Derate, Prefer Diverse Plays</a>), companies with a dominant focus on the Baby &amp; children segment have to look elsewhere for growth. H&amp;H had forayed into the high-growth pet care segment in 2020 with its acquisition of "Solid Gold" - a US-based holistic pet food brand. With its Zesty Paws acquisition,  H&amp;H adds to its stable of pet care brands that could help the company diversify the product portfolio away from baby nutrition, and add a healthy dose of growth. Our earlier published Smartkarma original report <a href="https://www.smartkarma.com/insights/pet-care-sector-in-asia-saga-has-just-started-opportunities-galore" target="_blank" data-smartkarma-citation="insights:47000" rel="noopener">Pet Care Sector in Asia: Saga Has Just Started. Opportunities Galore.</a> discusses in detail the rapidly growing pet care sector in China.

Health And Happiness (H&amp;H) (1112 HK) announced a USD 610 Mn acquisition of a privately-held US-based pet nutrition company, Zesty Paws. In this report, we discuss the acquisition details and significance of this deal for Health and Happiness both in terms of business outlook and impact on its financials.With China's long-term birth rate on a decline despite regulatory intervention ( China's 3-Child Policy Unlikely to Reverse Trend. Child-Care Stocks Can Derate, Prefer Diverse Plays), companies with a dominant focus on the Baby &amp; children segment have to look elsewhere for growth. H&amp;H had forayed into the high-growth pet care segment in 2020 with its acquisition of "Solid Gold" - a US-based holistic pet food brand. With its Zesty Paws acquisition,  H&amp;H adds to its stable of pet care brands that could help the company diversify the product portfolio away from baby nutrition, and add a healthy dose of growth. Our earlier published Smartkarma original report Pet Care Sector in Asia: Saga Has Just Started. Opportunities Galore. discusses in detail the rapidly growing pet care sector in China.

Health & Happiness (1112 HK): Zesty Paws Acqsn. In Pursuit of Growth. At a Price.