We publish this morning our comprehensive quarterly bible: 199 pages of detailed analyses on what happened in the last 3 months, and how we interpret it, in light of our current convictions. The first section acts as a PM summary, outlining our key findings, and latest thoughts on the semi cycle, in 6 slides.
Today, we are publishing the automotive section of our 20th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 130 companies we track, providing an update on our key perspectives and convictions. Auto production recovered further in 2Q23 and is now in line with 2019 levels. Momentum in the auto semi market persists, with revenues up 2% sequentially, 21% YoY, and now 90% above 2019 levels. Howeve...
We publish this morning our comprehensive quarterly bible: 192 pages of detailed analyses on what happened in the last 3 months, and how we interpret it, in light of our current convictions. The first section acts as a PM summary, outlining our key findings, and latest thoughts on the semi cycle, in 6 slides:
Today, we are publishing the Autos section of our 19th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 130 companies we track, providing an update on our key perspectives and convictions. Further signs of auto demand weakness as some OEMs saw order intake slowing in the quarter. EV momentum in China decelerated driven by a weak macro and elimination of subsidies. Inventories across the value ...
We publish this morning our comprehensive quarterly bible: 174 pages of detailed analyses on what happened in the last 3 months, and how we interpret it, in light of our current convictions. The first section acts as a PM summary, outlining our key findings, and latest thoughts on the semi cycle, in 5 slides.
2023 will not be a dull year in our coverage, with a violent ongoing cyclical correction in semiconductors, controversies surrounding Tesla and its CEO, existential questions about the future of the gig economy, and unabated (but maybe slowing) investments in the global technology infrastructure. This report outlines how we anticipate the overall set up and our highest convictions for 2023,
We publish today our updated perspective on the future of autonomous driving, and initiate coverage on Mobileye, a company on which we have already written extensively in recent months. Strong of our coverage of Tesla, Mobileye, Nvidia, Aeva, Uber, Grab, and Softbank’s Vision Funds, which are invested in a number of prominent early-stage players, we have a unique perspective on the matter, and we have developed a unique framework for investors to understand how the complex value chain of autono...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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