We saw significant interest on the platform in our equity value estimate of Xiaomi Corporation (“Xiaomi” or the “Company”) as discussed in Xiaomi Corporation – U.S.$100B, $80B, $50B — Stop Dreaming. We Believe Even $20 Billion Is Too Much. Evident to investment management professionals, valuation is as much of an …
Xiaomi Corp (XIAOMZ CH) (“Xiaomi” or the “Company”) is coming to the market with a much-anticipated IPO. Given China’s eminent stature in the Internet start-up world, and the stupendous success of Baidu, Tencent, Alibaba and JD.com, it appears that investors expect another home run from the proposed IPO of Xiaomi. …
With political uncertainty at home and unfavorable macro developments abroad as discussed by us in India: The Indian Rupee — Next Stop INR 70/USD, G-SEC 10-Year Yield — 8% and others in This Time Is Not Different: The Seeds of the Next Crisis Are Being Sown, India’s favoured position in …
President Trump’s views on global trade have roiled the capital markets, and given heartburn to investors, politicians, and corporate executives alike. M&A deals have either been restructured or abandoned, are being challenged in the courts, or have been put on the backburner by interested parties. Broadcom Limited’s proposal to acquire …
What’s Up with the Media? Once upon a time in the Fair republic, there was a national news organization run by Mr. Integrity. Every weekday morning, and especially on weekends, millions of readers picked up the newspaper to read informative opinion pieces or real stories written by individuals that believed …
Once upon a time in the Fair republic, there was a national news organisation run by Mr Integrity. Every weekday morning, and especially on weekends, millions of readers picked up the newspaper to read informative opinion pieces or real stories written by individuals that believed both in their profession and …
An economist from the storied house of Salomon Brothers – a part of Citigroup now – famously created the term Goldilocks economy to suggest an economy that has real economic growth approaching potential growth, accompanied by moderate wage growth and controlled inflation. That allows for an interest rate policy where …
This report is a continuation of our earlier reports on Tesla including Tesla Inc. – Prophets of Doom Could Be Blown to Smithereens by Conservative Accounting followed by Tesla Inc. – New Accounting Policy – ANTYA Explains Impact on Financial Statements – Part Two. It is also a counterpoint to …
Following up from our report Tesla Inc. – Prophets of Doom Could Be Blown to Smithereens by Conservative Accounting, this report highlights that Tesla Motors Inc (TSLA US) is changing its accounting policy and adopting a new revenue recognition standard from January 1, 2018. Investors that have followed our work …
We do not want to name anyone, lest they are annoyed at our name-calling. Bulls have stayed invested, including Fidelity and T. Rowe Price that own $4.72B and $3.06B in stock respectively. Then there are the shorts, which have played every trick in the book including sensational media stories, appearances …
Tesla Inc. (“Tesla” or the “Company”) has been riding a wave of bad news in the last thirty days or so. It began with the involvement of a Tesla Model X SUV in a fatal accident on March 23, 2018. Details on the accident as reported by Bloomberg are here …
We have been bearish on GE’s prospects since initiating coverage of the stock on Smartkarma and maintain our view that GE’s ultimate destination is a single-digit stock price in the latter half of 2018. Our report of February 13, 2018, on General Electric (“GE” or the “Company”) General Electric – …