Andrew Stotz | TalkMarkets | Page 44
Andrew Stotz, PhD, CFA is the CEO of A. Stotz Investment Research, a company that provides institutional and high net worth investors with ready-to-invest stock portfolios that aim to beat the benchmark through superior stock selection. While previously as Head of Research at CLSA, Andrew ...more

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Emerging And Developed Markets Have Been Equally Volatile
Global markets have a return on equity (ROE) of 14.0% and a 39.1% dividend payout ratio (DPR). In 2018, Emerging markets are expected to be slightly less profitable with an ROE of 13.0% versus Developed markets at 14.2%.
Hanatour Service Is A Cash-Loaded Korean Tour Operator
Hanatour Service Inc. established in 1993 is the largest travel company in Korea selling over 140,000 travel products worldwide through their website and has around 8,000 retail travel agencies located across Korea.
HIWIN Technologies Has Shown A Solid Improvement In Profitable Growth
HIWIN Technologies Corporation was established in 1989 with its headquarters in Taiwan. It engages in research, development, design, manufacture and maintenance of ball screws and linear guideways.
China’s Largest Producer Of Wind Power
Huaneng Renewables Corporation Limited (HNR) is a subsidiary of China Huaneng Group, China’s largest electric power producer, and is the largest producer of wind power in the country by revenue.
Unilever Indonesia Has Averaged 130% ROE Over The Past Five Years
PT Unilever Indonesia is the market leader in Home and Personal Care contributing 68% of revenues while 32% is from Food and Refreshments.
Supplying Rubber Accelerators To The World’s Top Tire Makers
China Sunsine Chemical Holdings Limited is the top manufacturer globally and in China of rubber accelerators and other specialty chemicals used in rubber production, mainly to improve car tire functionality.
Indonesian SOE Ramping Up Gold And Nickel Production
PT Aneka Tambang Tbk is a 65%-state-owned Indonesian enterprise engaged primarily in mining, refining, and processing of metals including nickel ore, gold, silver, and bauxite.
Philippines Appears Expensive And Relatively Unattractive
The Philippines has fast GDP growth, driven mainly by private consumption and private investments. Net export was a drag on GDP growth in the past four quarters.
Indonesia Has The Highest Profitability In Asia
Indonesia has good GDP growth, driven mainly by private consumption and secondly investments. Government consumption contributed the least to GDP growth in the past four quarters.
Cyclical Companies Are 29% Of The Thai Market
The Thai market is heavy in Materials and Energy, the sectors account for 29% of the total market cap.
Thailand Has A Slow Rise From A Deflationary Period
Inflation has been much lower in Thailand than the world and Asia over the last few years.
In The Next 30 Years, ASEAN Demographics Supports Good Economic Growth
The larger share of youngsters in ASEAN is expected to make it have a larger share of the population in the labor force.
The Stock Market Leads Inflation In Extreme Movements
May support theories about expected inflation rather than actual inflation has the main impact.
Oil Price Causes Spikes And Crashes In Inflation
Big moves in oil price have a big impact on inflation.
Fed’s Tightening Has Not Yet Killed This Bull
The tightening since 2015 has not yet killed this bull.
Long-Term Negative Relationship Between Inflation And The US Dollar
When inflation increases, the US Dollar has mainly depreciated and vice versa.
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