[Happy]  [Heart]  

[Happy]  

$ZIM Integrated Shipping Services Ltd.(ZIM)$   First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.49 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.75 (up from US$0.49 loss in 1Q 2023). Revenue: US$1.56b (up 14% from 1Q 2023). Net income: US$90.3m (up US$149.8m from 1Q 2023). Profit margin: 5.8% (up from net loss in 1Q 2023). Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.

[Cool]  

$SINO-OCEAN GP(03377)$   Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. ◈2022 revenue forecast increased from CN¥57.7b to CN¥59.2b. ◈EPS estimate increased from CN¥0.205 to CN¥0.258 per share. ◈Net income forecast to grow 361% next year vs 15% growth forecast for Real Estate industry in Hong Kong. ◈Consensus price target broadly unchanged at HK$1.56. ◈Share price rose 3.7% to HK$1.13 over the past week.

$Annaly Capital Management(NLY)$   Consensus revenue estimates increase by 11% The consensus outlook for fiscal year 2023 has been updated. ◈2023 revenue forecast increased from US$1.73b to US$1.92b. ◈EPS estimate unchanged at US$3.38. ◈Net income forecast to grow 2.8% next year vs 3.7% growth forecast for Mortgage REITs industry in the US. ◈Consensus price target up from US$22.08 to US$23.03. ◈Share price was steady at US$21.59 over the past week.

$World Wrestling Entertainment(WWE)$   Now 20% undervalued ◈Over the last 90 days, the stock is up 14%. ◈The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. ◈Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 25%. ◈For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.

$World Wrestling Entertainment(WWE)$   Price target increased to US$98.44 Up from US$85.33, the current price target is an average from 9 analysts. ◈New target price is 9.8% above last closing price of US$89.66. ◈Stock is up 71% over the past year. ◈The company is forecast to post earnings per share of US$2.44 for next year compared to US$2.36 last year.

$Wells Fargo(WFC)$   Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: ◈EPS: US$3.17 (down from US$4.99 in FY 2021). ◈Revenue: US$72.3b (down 13% from FY 2021). ◈Net income: US$12.1b (down 40% from FY 2021). ◈Profit margin: 17% (down from 24% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is signif

$BHP GROUP LTD(BHP.AU)$  BHP Group: Time To Pause The Optimism - Keep Calm & Continue Dripping ◈BHP is now trading with a minimal margin of safety, due to the extreme 31.15% rally from October's rock-bottom levels. ◈In the meantime, investors would be well advised to pause the loading up and only DRIP accordingly. ◈It would also be prudent to hear from the management in the upcoming H1'23 earnings call on 19 January 2023 - especially with the critical commentary on forward demand. ◈Considering that China accounted for 56.24 % of BHP's revenue in FY2022, Mr. Market is naturally hyped about the country's fast and furious reopening cadence.

$Micron Technology(MU)$  Senior VP exercised options and sold US$59k worth of stock On the 18th of November, Rob Beard exercised options to acquire 1k shares at no cost and sold these for an average price of US$58.74 per share. This trade did not impact their existing holding. ◈Since December 2021, Rob's direct individual holding has increased from 1.65k shares to 44.60k. ◈Company insiders have collectively sold US$24m more than they bought, via options and on-market transactions in the last 12 months.

$Gree Electric Appliances, Inc. Of Zhuhai(000651)$   Now 21% undervalued ◈Over the last 90 days, the stock is up 2.9%. ◈The fair value is estimated to be CN¥39.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. ◈Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%. ◈For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 7.8% per annum over the same time period.

$ZIM Integrated Shipping Services Ltd.(ZIM)$   Upcoming dividend of US$2.95 per share Eligible shareholders must have bought the stock before 28 November 2022. ◈Payment date: 07 December 2022. ◈Payout ratio is a comfortable 56% and this is well supported by cash flows. ◈Trailing yield: 79%. -Within top quartile of American dividend payers (4.3%). .Higher than average of industry peers (28%).

$Ready Capital Corp(RC)$   Ready Capital Corporation Announces Management Changes On November 16, 2022, Thomas Buttacavoli tendered his resignation as Chief Investment Officer and Portfolio Manager of Ready Capital Corporation . The Company and Mr. Buttacavoli agreed that Mr. Buttacavoli’s resignation would be effective November 16, 2022. On November 16, 2022, the board of directors (the “Board”) of the Company appointed Thomas E. Capasse to serve as the Chief Investment Officer of the Company. Mr. Capasse also currently serves as the Company’s Chief Executive Officer and as Chairman of the Board, and is a manager and co-founder of Waterfall Asset Management, LLC, the external manager of the Company.

$Seagate Technology PLC(STX)$   Insider notifies of intention to sell stock Jeffrey Fochtman intends to sell 14k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of November. If the sale is conducted around the recent share price of US$53.40, it would amount to US$748k. ◈Since June 2022, Jeffrey's direct individual holding has increased from 7.20k shares to 14.74k. ◈Company insiders have collectively sold US$11m more than they bought, via options and on-market transactions in the last 12 months.

$Micron Technology(MU)$  Consensus EPS estimates fall by 99% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. ◈2023 revenue forecast decreased from US$19.3b to US$18.8b. ◈Losses expected to increase from US$0.24 per share to US$0.49. ◈Semiconductor industry in the US expected to see average net income decline 5.0% next year. ◈Consensus price target broadly unchanged at US$66.95. ◈Share price rose 5.2% to US$58.87 over the past week.

$Broadmark Realty Capital Inc(BRMK)$   Consensus forecasts updated The consensus outlook for 2022 has been updated. ◈2022 EPS estimate fell from US$0.49 to US$0.42 per share. ◈Revenue forecast steady at US$113.0m. ◈Net income forecast to grow 17% next year vs 5.3% decline forecast for Mortgage REITs industry in the US. ◈Consensus price target of US$5.00 unchanged from last update. ◈Share price fell 15% to US$4.35 over the past week.

$Verizon(VZ)$   Verizon Communications Inc. Appoints Angie Klein as SVP and President of the Verizon Value Organization Verizon announced the formation of the new Verizon Value organization designed to serve the entire value market. Chief Revenue Officer of TracFone and Verizon Prepaid and CEO of Visible Angie Klein has been appointed to the new role of SVP and President of the Verizon Value organization within the company’s Consumer Group division, beginning January 1, 2023. Angie will report to EVP & Group CEO of Verizon Consumer Group Manon Brouillette. In this role, Angie will be responsible for bringing a holistic approach across Verizon’s value and prepaid brands - Verizon Prepaid, Visible and the portfolio of TracFone brands includin

$ZIM Integrated Shipping Services Ltd.(ZIM)$   ZIM Integrated Shipping Services Q3 2022 Earnings Preview ◈ZIM Integrated Shipping Services (NYSE:ZIM) is scheduled to announce Q3 earnings results on Wednesday, November 16th, before market open. ◈The consensus EPS Estimate is $9.39 (-22.8% Y/Y) and the consensus Revenue Estimate is $3.16B (+1.0% Y/Y). ◈Over the last 1 year, ZIM has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time. ◈Over the last 3 months, EPS estimates have seen 0 upward revisions and 3 downward. Revenue estimates have seen 0 upward revisions and 3 downward.

$Omega Healthcare Investors(OHI)$   Omega Healthcare Q3: 8% Yielding Dividend Machine Provided Positive Guidance For Income Investors ◈Omega Healthcare delivered another top and bottom line beat compared to the consensus estimate in Q3. ◈The bear thesis around OHI's large dividend continues to be mitigated due to management's ability to work with operators and optimize OHI's portfolio.