IPO and L/S equity, 2015 Starmine top stock picker, Global Equity Research Ltd

Rickin Thakrar

14 years of experience in global investment research and trading. In relation to research, we focus on IPO, Event-driven and large-cap non-consensual ideas. In relation to trading, we focus on generating positive index-adjusted returns and have had several top-decile or top-quartile performances over the past three years. In terms of background, I have worked at several sell-side firms (JP, Redburn, Haitong, Mainfirst), won Starmine as top stock picker in European Food Retail in 2015 and have been voted top one to top-five by institutions and hedge funds.

IPO and L/S equity, 2015 Starmine top stock picker

Tencent – This Deal Keeps Rolling Along

Tencent: Listed Associates Continue to Outperform

Tencent Bear Case: An Over-Played Hand (Part 2)

Tencent Bear Case: The Growth Illusion (Part 1)

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK)</a> just posted its best EBIT growth in eleven quarters and for two quarters in a row, it has reversed its declining two-year growth rate. Despite the tailwind from the current macro environment, we believe there are underlying issues when looking closer at Tencent's deferred revenue and underlying EBIT. More details below. </p>

Tencent Holdings (700 HK) just posted its best EBIT growth in eleven quarters and for two quarters in a row, it has reversed its declining two-year growth rate. Despite the tailwind from the current macro environment, we believe there are underlying issues when looking closer at Tencent's deferred revenue and underlying EBIT. More details below. 

Tencent

Tencent: The Deferred Revenue Issue