Category: Research
-
Hextar Global (HEXTAR): A Good Co. / Bad Co. Agrochemical Opportunity
Hextar Global (HEXTAR) engages in the manufacturing, formulation, repackaging, distribution, and agency of agrochemicals in Malaysia and internationally.HEXTAR is a classical good co./bad co. investment idea. The company stumbled out of the gate after IPO’ing in 2009. There are three reasons the business underperformed. First, their products weren’t competitive. Second, they had a weak brand…
-
Is the US Dollar Bottoming? [DIRTY DOZEN]
“Bullishness is born as hope in the midst of despair. Hope swells to confidence and confidence swells to euphoria, and the process contains the seed of its own destruction and the birth of its opposite, fear. Fear is nurtured by falling prices and the two feed on themselves until they swell to despair. And so…
-
[3/5] New Fiscal Rules & Stranger Thing Markets
Remember these headlines from a few months ago? This was the consensus hot-take following the March 23rd bottom in the market in response to its rip-roaring recovery. There was an audible “huh…” with plenty of head-scratching from the punditry and investor class. Why would “stocks soar despite coronavirus and a recession”? Clearly, it “didn’t make…
-
Top Glove (BVA.SGX): 17% Returns In A Boring Glove Maker
Top Glove (BVA) is the world’s largest manufacturer of nitrile, surgical, and natural rubber gloves. The company cranks out 90B gloves per year and employs 21K people servicing 2,000 customers in 195 countries. The company enjoyed steady double-digit revenue growth and 20%+ gross margins while generating ~20% ROC. The founder/chairman, Lim Wee-Chai owns ~26% of…
-
Time To Short Palantir? [DIRTY DOZEN]
“What winning traders share, however, is that they all understand that losing is part of the game, and they all have learned how to lose.” ~ Jim Paul, “What I Learned Losing A Million Dollars” Good morning!In this week’s Dirty Dozen [CHART PACK] we look at increasing trend fragility in the SPX, track the trend…
-
The Best Dressed Chart Patterns of 2020
Peter Brandt is my trading hero. Whether it’s a blog post or an interview for Market Wizards, Brandt has an intoxicating way of describing classical charting principles. Indescribably one can’t help but get excited about charting when reading Brandt’s work. It’s one of the reasons why I re-read Diary of A Commodities Trader every January. …
-
[2/5] The Fed’s New Reaction Function
“There are decades where nothing happens… there are weeks where decades happen… and then there’s 2020 where just a bunch of sh*t goes cray-cray” ~ Vladimir Ilyich Lenin Gotta hand it to Lenin. You may not agree with his politics but the man had some foresight when commenting over a century ago on the…
-
Fever-Tree PLC (FEVR): Attacking The Forgotten 3/4ths of Your Drink
Our Collective members receive new investment ideas every week. Whether its a well-known (but forgotten) large-cap US company or an undiscovered Polish software enterprise. We provide our members with differentiated research on ideas they won’t get elsewhere.The following is a snippet of our latest equity research on Fever-Tree PLC (FEVR). FEVR is a London-based tonic…
-
Super Stock Case Study: Rightmove PLC (RMV)
Rightmove plc (RMV) operates a property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms.The New Homes segment provides property advertising services to new home developers and housing associations on its platforms. The Other segment offers…
-
[1/5] Macro Ops’ Market Outlook: Our 2021 Non-Predictions
We’re cognitively wired to latch onto single or binary outcomes when thinking about the future. Reality is much messier than that. “Man Plans and God laughs” as the saying goes.This is why we don’t care so much for the tradition of making annual market predictions about the coming year. They’re unproductive in the least and…