Deep-dives
Koito Mfgr － 2024 update (7276 JP)
LED headlights, adaptive driving beams and now LiDAR. Estimated reading time: 17 minutes
Links
Links November 2024
16 investment-related write-ups, 12 articles and 10 podcast episodes
Mainland China
Anxian Yuan (922 HK)
Chinese cemetery stock at 6.1x P/E and 13.3% dividend yield
Weekly Highlights
Thematic reports
Trump's tariff plan
An interview with economist Priyanka Kishore, discussing the impact of "Trump 2.0" on Asia
Deep-dives
Is Fairwood a melting ice cube? (52 HK)
Potential 4.6x P/E with net cash representing 72% of the market cap. Estimated reading time: 21 minutes
Weekly Highlights
Where are you finding value in Asia?
Portfolio
Portfolio review October 2024
One new position. Estimated reading time: 20 minutes
Weekly Highlights
Japan
Kaonavi (4435 JP)
Recruit’s talent management SaaS platform at 2.1x EV/Sales with 20-30% growth
Japan
Complete guide to Japan's SaaS industry
Estimated reading time: 38 minutes