International Equity Market 2021 Outlook

Next year’s global equity performance may well be shaped on what happens in the next 2 months. The approval, distribution and efficacy of two or more COVID-19 vaccines with emergency medical approval, as well as the speed of the incoming US President in striking a...

Music Streaming Services

“And how the people gaveThe attention that you craveTonight, the stage is yoursBut the world has watched you riseAnd fall a thousand times beforePolka never dies.”- The Dreadnoughts, “Polka Never Dies” For those who regularly read my notes (thank you, I really...

CEOs of Personality

“Be a symbol of perfection,Be an object, be a cultTake their praise, take the collectionAs the multitudes exalt”Elton John, “It’s Tough To Be A God” Despite what we may read in the news of late, the world has become a more global financial ecosystem over the...

A Recipe for an IPO

“Could we have kippers for breakfast,Mummy dear, mummy dear,They got to have ‘em in Texas,‘Cause everyone’s a millionaire”Supertramp, “Breakfast in America” Not chasing hot picks and waiting to ‘buy the dip’ is generally the sage advice that an experienced...

A good result after a turbulent week

Tencent has delivered a very robust 3rd quarter report last week, with revenue up 29% year on year (YoY), to RMB125.4bln while its adjusted net profit rose 32% YoY to RMB32.3bln. Tencent, along with Alibaba, are the two largest technology companies in China and last...