Global Emerging Market Equities, Propitious Research

Wium Malan, CFA

Global Equity Analyst with 15+ years of experience as a Buy Side analyst covering companies in the Emerging and Developed markets.
Fundamental and Quantitative analysis on companies in the Internet, Telecommunication, Media, Technology, IT Services, Healthcare, Pharmaceutical and other Industrial sectors.
Idea generation focussed on Quality stocks, trading below their intrinsic Value, with sound Corporate Governance.

Global Emerging Market Equities

Parade Technologies: Negative Technical Analysis Signals

Parade Technologies: Further Revenue Growth Upgrades, and Dividends, Should Support Valuation

China Yangtze Power: Negative Technical Analysis Signals

Independent, Fundamental Quantitative Research

Propitious Research

Fully independent, fundamental and quantitative equity research, focused on companies in the Telecommunication, Media, Technology, Internet and Healthcare sectors in the Global Emerging Markets. Idea generation focused on Quality stocks, trading below their intrinsic Value, with sound Corporate Governance.

Equity Bottom-Up

<ul>
<li>Following a protracted downturn, <a href="https://www.smartkarma.com/entities/parade-technologies-ltd" target="_blank" data-smartkarma-citation="entities:6987:1" rel="noopener">Parade Technologies (4966 TT)</a> delivered +24%y/y revenue growth driven by both its Display Port (+23%y/y) and its High-Speed Interface Solutions (+30%y/y) segments.</li>
<li>Parade’s gross margin has stabilised at around 43% as strong demand in the High-Speed Interface Solutions segment offset intensified price competition in the Display Panel segment.</li>
<li>Parade finished 2Q24 with NT$10.1bn in net cash on its balance sheet, roughly 16% of its Market Cap.</li>
</ul>


Following a protracted downturn, Parade Technologies (4966 TT) delivered +24%y/y revenue growth driven by both its Display Port (+23%y/y) and its High-Speed Interface Solutions (+30%y/y) segments.
Parade’s gross margin has stabilised at around 43% as strong demand in the High-Speed Interface Solutions segment offset intensified price competition in the Display Panel segment.
Parade finished 2Q24 with NT$10.1bn in net cash on its balance sheet, roughly 16% of its Market Cap.


Parade Tech (4966-TT): Quality Tech, at a Discount