A Bitcoin Economy?
While we are in the midst of a speculative frenzy, the value of Bitcoin will ultimately be determined by its usefulness. Even if we think the speculative frenzy is likely […]
IPG Photonics Is Cutting It
IPG Photonics has had a tremendous year so far. There are a number of secular tailwinds which will ensure solid growth for the foreseeable future. However, we don’t expect much […]
Good Luck To The Bitcoin Shorts, They’ll Need It
The advent of Bitcoin futures was going to enable shorts to bring the value of bitcoin back to earth. So far, this hasn’t happened, and it was never very likely […]
Momo Vs. YY, The Battle Of The Chinese Live Streaming Platforms
Shares of Chinese streaming media platforms like Momo and YY are very reasonably priced. Even if there is a clear difference between the two in terms of performance. While we […]
MagnaChip Semiconductor Is Due For A Bounce
The finances of MagnaChip have already improved a lot on the back of cost cutting and higher utilization of its fabs. We think more is in store for next year […]
YY Is Still Reasonably Priced
Live streaming is a hype, especially in China. For those like us, who have some doubts whether this will remain, the figures don’t lie. These figures tell us that growth […]
SHU Portfolio: Why We Just Bought Lumentum
Finisar, one of the stocks in our SHU portfolio, rallied 28% on a substantial investment from Apple. Shares in Lumentum sold off heavily on this news. We think that sell-off […]
2 More Small Caps For The Small Caps Season
Here are two more small-cap companies which had a good 2017, but the shares have pulled back lately. Both of these companies have fairly unique products that sets them up […]
Alibaba’s Killer O2O Strategy
The 63% growth rate of Alibaba’s core commerce business is almost unfathomable, even given the strong tailwinds of China’s rising consumer market and online penetration. One element that is behind […]
Is Alibaba Eating JD.com’s Lunch?
JD.com used to grow revenues faster than its big rival Tmall from Alibaba. However, lately these roles seem to have reversed and the shares of Alibaba have strongly outperformed those […]