bullish
How to Own Lenovo at a Discount: BUY Legend Holdings Corp (3396 HK)
David has highlighted this Insight as a Top Pick
801 Views31 May 2024 07:28
Legend is the largest shareholder of Lenovo and will benefit from Lenovo's roll out its AI enabled PC's. Legend's investments in 100s of AI startups across the country provide blue sky potential.
What is covered in the Full Insight:
- Legend Holdings Background
- Lenovo Performance
- AI Ecosystem
- Financial Analysis
- Technical Analysis
Boomeranged on Wed, 21 Aug 2024 13:17
Legend announced it is seeking a mandate to buy up to 248mm Lenovo shares, which would increase their stake in the company by approximately 7%. If executed, this purchase would bring their total stake in Lenovo to approximately 40%. Lenovo announced a good set of results for its first quarter with revenue up 20% and profits up 38%. Lenovo continues to make advances in its AI enabled products.
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David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
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