Posts by Andrew Stotz
Zero to 3,000 Listed Companies in China in 24 Years
Chart of the Day: From its humble beginnings in 1993 the Chinese market now has more than 3,000 listed companies. Meanwhile, the rest of the world has seen a fall in the number of listed companies.
Read MoreKorea Performed Best in Asia in 1H17
Chart of the Day: Besides China A, the lowest USD returns have been in ASEAN markets. Taiwan and India beat HK due to currency impact. Return in Thailand was the poorest in local currency, USD return was more than double.
Read MoreBusiness DNA: Taking Seaweed to the Masses
After winning several high-stakes online gaming tournaments as a teenager, Mr. Peeradechapan reinvested his winnings in a roasted chestnut business. Later, he founded his deep-fried seaweed snack company that became an immediate success throughout Asia. He is already a business icon in Thailand, replete with a movie thinly based on his life.
Read MoreThe Amount of Debt in the Long-Term Capital Structure
If the value of equity of a company is trading at a low 0.5x price-to-book value then the debt will appear as a large portion of capital. If the value of equity is trading at an expensive 4.0x then debt appears tiny. But debt never changed.
Read MoreForecasting Revenue Growth When Valuing a Company
How does an analyst forecast sales growth? What if a company is in a cyclical industry? What if the company has very volatile sales growth? Is it wrong to forecast a steady growth rate for each of the future years?
Read MoreLessons Learned from the 1997 Asian Financial Crisis
It’s now 20 years ago the Asian Financial Crisis hit. Thailand was the epicenter of the 1997 Asian Financial Crisis. I had moved to Thailand in 1992, become a bank analyst in 1993 so I lived through the boom of that time.
Read MoreBusiness DNA: Entering the Global Auto Market
Over the course of 20 years, Yeap Swee Chuan has built a Thailand-based automotive conglomerate, AAPICO Hitech, that’s now gearing up to go global. A book that Mr. Yeap enjoys is Sun Tzu’s The Art of War.
Read MoreDouble-Digit Growth
Double-Digit Growth by Michael Treacy: Growth initiates a virtuous circle, it leads to more growth. Faster growth attracts the attention of stock market investors, who will pay more for the stock.
Read MoreWhat Are the Top Ten Stock Markets in the World?
Chart of the Day: 47,383 stock exchange-listed companies in the world; 32,962 in top 10 countries. India, China, and Korea are the emerging countries that contribute the most.
Read MoreHow Many Companies Are Listed on Stock Exchanges around the World?
Chart of the Day: There are 47 major stock exchanges in the world. Seven are in the Americas, 14 are in Asia Pacific, 26 are in Europe, Middle East, & Africa.
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