
New post just published: on Singapore-listed watch retailer The Hour Glass (HG SP). Swiss watch exports to Switzerland are now growing again, and second-hand market Rolex prices are rising in an almost upwards line. It trades at 9.4x P/E on my numbers. https://t.co/NgLAulws7k
I initially thought the Korean reforms would be ineffective. But on the ground, I’m seeing many companies come up with highly positive value up plans. And valuations remain a fraction of those in Japan. Once IBKR opens access, the focus...
I honestly feel like freee's result was pretty damn good: +30% YoY top-line growth. With other narratives floating around, the market could easily have interpreted the result in a favorable light.

While everyone continues to be bearish on Thailand, the index quietly bottomed in mid-2025. Marc Faber called it, almost perfectly. https://t.co/TfCZRnhSG7
Asian equity markets are diverging into two camps: AI capex beneficiaries in East Asia and "old economy" companies in Southeast Asia. There will be an inflection point where the former peaks, and flows move towards the latter. But when?

New post just published: on Casio (6952 JP) - New CEO Shin Takano has revamped the organization - Latest quarter timepieces revenues +34.5% YoY - EV/Sales of 1.0x https://t.co/iB9kX6Gzcb

The Mazda Malaysia January numbers were lower MoM but Bermaz Auto was still up on the news https://t.co/gI8pN0xr11