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Showing posts with the label Nike

Preview of week 26Sep22 - Micron and Nike report their earnings this week

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Public Holidays None - Singapore, Hong Kong, China & the USA Earnings Calendar In. the coming week, the above will be some of the earnings of interest on 29 Sep 2022 (Thursday). Personally, both Micron and Nike will be interesting. Micron Micron's 1-year overview Micron has fallen 32.34% from a year ago after hitting a 52-week high of 98.45.  Unfortunately, it remains close to the 52-week low of 48.46.  The company seems to be on a downtrend.  With the coming earnings, will Micron's slide continue given the bearish market outlook following Fed's recent hawkish rate hikes?  The forecast of its earnings and revenue stood at $1.32 and $6.71B respectively. Nike Nike's 1-year overview Nike has fallen 35.14% from a year ago.  It once scaled the height of 179.10 but now was ranging sideways with potential for further slip.  Currently, the stock lingers near the 52-week low of 95.35 and with the recent outlook, we could foresee potential volatility and downside...

Why did Samsung relocate its operations from China to Vietnam?

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Vietnam - the rise of a new Asian Tiger Vietnam has been an interesting country following news of international players like Samsung relocating their operations from China to Vietnam.  Likewise, Intel relocated their plant from China to Vietnam too.  What is so special about this country?  Should we consider adding this country to our investing watchlist? This is a compilation of different articles, research and reports. Background of ASEAN (from Wikipedia) Map of ASEAN ASEAN is officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and other countries in Asia. ASEAN's primary objective was to accelerate economic growth and through that social progress and cultural development.  Members of ASEAN If ASEAN were a single country, i...

weekly earnings (starting 21Mar2022)

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These are the anticipated earnings for the coming week starting 21 Mar 2022 There are a few notable earnings to look out for, namely $NKE, $PDD, $ADBE, $0700.HK and $NIO. NIO is one of the Chinese players in the EV space.  We are looking for a strong trend of growth and hopefully, there are able to make profits.  Their guidance will be important though there remain challenges in the supply chain and supplies.  The risen costs in commodities and energy have placed inflationary pressures on their overheads. Tencent remains one of my favourite companies in China.  They are one of the biggest game developers and capital allocators in the world.  Will their price continue to drop or will they buck the trend? Adobe has occupied a strong space in the advertising and media industry,  Though their prices have dropped of late, they do have competitive advantages in the market. Nike is one of the most popular sporting brands in the world.  As they pivoted with mo...