Fujikura’s share price performance has been impressive, surging three-old YTD, boosted by AI-related data centre demand. Analyst William Nestuk reviews the FY24 Q1 performance, flags where there is upside but also notes capacity contraints.
Summary Asteria Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Asteria Corp (Asteria) is developer of software, technological products and related services. The company's major products include Asteria Warp, Handbook, Platio, Gravio, Lino, SnapCal. It is also involve...
FUJITSU (JP), a company active in the Computer Hardware industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 5, 2022, the closing price was JPY 18,805.00 and its potential w...
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....
Stay Defensive With Technology, Health Care, Staples Upside momentum continues to wane for global equities, a trend we mentioned in last week's Int'l Compass. In that report we highlighted early signs of lower highs forming in the major global indexes. Price action this week has indeed confirmed lower highs for now in the MSCI ACWI, ACWI ex-US, EAFE, and EM indexes. These lower highs increase the probability for breakdowns and a deeper pullback, but we do not want to get ahead of ourselves. Unt...
Major Indexes Testing Resistance Positive news flow surrounding COVID-19 is encouraging on many fronts, notably from a human and economic perspective (e.g., peaking infections/deaths in Italy & Spain, certain European governments making plans to ease lockdowns, and that US death projections were likely overestimated). Still, despite encouraging news and the relief rally in global equities, history tells us that this is a fairly standard bear market rally in terms of its magnitude, making us bel...
Int'l Equity Strategy In using technical analysis, we let the market be our guide. That is, we analyze what is true in the market, utilizing the vast array of tools in our technical analysis toolbox which we then formulate into our outlook using a weight of the evidence approach. In a world where there are no shortages of things to worry about (trade wars, central banks, Trump impeachment, negative interest rates, low global growth, Brexit, Manufacturing weakness, elections, Hong Kong protests,...
After numerous trade war escalations and setbacks, it is easy to become resigned to the belief that there will be no end to the trade war. We have come to expect the unexpected when it comes to President Trump's tactics, so the best course of action may be to assume nothing. Last week's “Phase 1†US-China trade agreement is certainly a step in the right direction, and for now we are taking the truce at face value as a positive development while also knowing that the risk of setbacks/escalati...
v The Weekly Comment Joel Scheiman reviews the week which after hitting a 27-yr high on Oct 1, has been knocked back by contagion from sliding Asian markets and rising interest rates. v Reports / Flash Notes Summaries Stretching the MLCC Market: Implications for the Industry and Murata Mfg (6981 JP) Does “Murata Good, Skyworks / Avago / Qorvo Better†Still Hold True? September US Auto Sales – Japan Automakers Underperform on Falling Incentives Foster Electric (6794 JP) – C...
Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman Nikkei ¥21,042.09 (-¥139.55 / -0.66%); Topix ¥1,694.79 (-¥13.55 / -0.79%); ¥/$105.56 Tags: Sony (6758 JP), Fast Retailing (9983 JP), United Arrows (7606 JP), DyDo Group Holdings (2590 JP), Kakaku.com (2371 JP), KLab (3656 JP), Capcom (9697 JP), SBI Holdings (8473 JP), GMO Internet (9449 JP), Woori Bank (000030 KS), SBI Ripple Asia, Cambridge Global Payments, FleetCor Technologies (FLT US), Western Union (WU US), Fujit...
Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk Nikkei ¥21,925.10 -¥224.11/ -1.01%); Topix ¥1,762.45(-¥12.70 / -0.72%); ¥/$106.84 Tags: Nissha (7915 JP), Hodogaya (4112 JP), Ulvac (6728 JP), Chugai Pharmaceutical (4519 JP), Tokyo Steel (5423), Fujitsu (6702 JP), Japan Cash Machine (6418 JP), Universal Entertainment (6425 JP), Sony (6758 JP), Checker Cab, Daiwa Motor Transportation (9082 JP), Uber, Daiichi Koutsu Sangyo (9035 JP), Alphabet (GOOG US), Apple (AAPL US), Mit...
PSA Today Feb 1: Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen Nikkei ¥23,486.11 (+¥387.82 / +1.68%); Topix ¥1,870.44 (+¥33.73 / +1.84%); ¥/$109.61Tags: Fujitsu (6702 JP), Fujifilm (4902 JP), Xerox Corp (XRX US), Nihon M&A Center (2127 JP), VW (VOW GR), BMW (BMW GR), Daimler (DAI GR), Zeon Corp(4205 JP), Sumitomo Chemical (4005 JP), IHI (7013 JP), Airbus (AIR FP), JFE (5411 JP), Hitachi Zosen (7004 JP), MHI (7011 JP), KHI (7012 JP), Start Today (3092 JP), Yam...
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