Sunday 25 August 2013

Koyal Group Finds Diamond in the Rough

Author: Koyal Group
Jul. 17, 2013 - TOKYO, Japan -- Analyst and Senior Vice President of Mergers and Acquisitions, Mr. Peter Keller, at Tokyo based equity research firm believes Steel Partners Holdings L.P (NYSE: SPLP) to be undervalued by nearly 40 Steel Partners Holdings L.P is an international holding company with substantial investments spread across a range of sectors, including; defenses, banking, insurance, and education.
The company appears weaker on paper than it is in reality due to several primary factors, they have been strictly adhering to GAAP measures, there is a lack of confidence in the CEO who owns a large proportion of the business, and a wide range of investments in companies which are faltering and ugly.
The company was founded in 1990 by Warren G. Lichtenstein as a small cap activist hedge fund called Steel Partners II. From 1990 to 2008 the fund managed to return 700for investors. But 2008 and 2009 were dismal years for Steel Partners II; they lost almost 50of its investments as a result of the credit crisis. This caused Lichtenstein to covert the hedge fund from Steel Partners II to Steel Partners Holdings L.P.
Steel Partners Holdings L.P. defines its self as a 'value investment company,' they buy controlling percentages of struggling companies, and then help them to fix their problems so the company can be resold for a profit at a later date.
Shares of Steel Partners Holdings L.P. currently trade at $14.30, they are increasingly profitable, have a diverse range of investments, and a focus on investor´s interests and providing a safety net for investors.
The company has grown about 8.5annually, which is heavily influenced by sales, purchases and dividends from long term investments. The management´s operating policy targets long term investments and an annual increase in average return on equity should be expected in the next few years.

About Us
Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and their allocated advisors. This along with our approach to financial analysis has meant Koyal Group has grown year after year since 2003.
Our analysts specialise in equity research, but also offer fixed income analysis for users of other instruments. Within the equities division we specialise in Technology, Financial and Industrial/ Metals research.
Essentially we seek to identify within these sectors, distressed or undervalued securities, and once we have identified a security we feel may be suitable for investment we then conduct a thorough fact finding session and employ a multitude of quantitative and qualitative calculations in order to assess whether the security is viable for recommendation to our clients.
Our history stretches back over ten years to January 2003 when the company was established, since which we have grown two hundred fold in terms of staff and managed to keep the majority of our original client base, which we believe is testimony to us having provided a service that is second to none.
About the Author
Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and their allocated advisors. This along with our approach to financial analysis has meant Koyal Group has grown year after year since 2003.

The Avanti Group Advise Clients on Tesla Motors


Author: Akemi Avanti
The Avanti Group equities research house based in Tokyo, providing professional trading and investment research solutions to institutional and private investors across the globe have recently drawn their investor's attention to recent developments within Tesla.
Over the course of the last year U.S Electric car manufacturer Tesla Motors Inc., has seemingly gone from strength to strength in the face of difficult times for the sector as a whole. The company has just released its second quarter results that have left many analysts stunned at the level at which Tesla has outperformed industry estimates. Others however point to Tesla's CEO Elon Musk track-record for delivering more than promised.
The Palo Alto based Tesla, revealed a 20cent per share profit in the face of analyst's estimates that predicted a 20cent per share loss and this information in light of continuing success helped push Tesla's shares up 14% in one day trading. The company that has been ratcheting up its production capabilities exceeded its own delivery estimates of 4,000 vehicles in the second quarter by over 25 percent with final units totaling 5,150 of the company's Model S cars.
"Production capacity has been a key factor in Tesla's success, as with each increase in production they find themselves with larger profit margins which in turn are being applied to further increases in capacity. Looking at performance to date it would seem that their stated goal of 40'000 units per annum by next year is quite conservative," said Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.
Electric car manufacturing which has often been seen as a niche market to be serviced by larger conventional carmakers has been turned upside down by Tesla. The company has already been stripping customers from the two largest conventional suppliers Toyota and Daimler towards it Model S vehicles. This of course is not all bad news for the two auto leviathans as aside from Elon Musk they have the majority shareholding in Tesla, which is also the primary battery component supplier for their Prius and E classification cars.
"It would be hard to ignore this quiet giant given all that they have achieved in such a short time, already they exceeded the market capital of three of the largest conventional auto manufacturers Suzuki, Mitsubishi and Isuzu. Their business model, especially as far as growth is concerned is the envy of the majority of automakers and their widening profit margin is making them more attractive by the day to investors. Tesla is worth some serious consideration as the auto industry evolves and we will most certainly be doing so at a pace that includes this type of vehicle," concluded Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.
The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders worldwide, founded in early 2003.

About the Author
About Us
The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders world wide. Our method of identifying undervalued investment instruments through data collection, review & analysis techniques, and trend identification triumphs has become well known within the investment community over recent years as the words "Avanti Group" have become synonymous with success.