Author: Derek Higa

Derek Higa is a senior equity analyst and a lead for the APAC region and the Consumer Cyclical sector. He serves on the Global Focus List Committee, which approves all equity recommendations for developed, emerging, and frontier markets, and compiles Asia Watch, a weekly recap of regional investing news. Since joining William O’Neil + Company in 2005, he has lent his market expertise to alpha capture, product development, and historical studies on outperforming stocks. Derek graduated summa cum laude from California State University Los Angeles with a B.S. in Finance and Information Systems. He holds a Series 65 securities license.

APAC Weekly Summary

Posted on by Derek Higa

Key points from this week’s report:

Twelve of 13 APAC markets are in a Confirmed Uptrend; we recommend gradually increasing allocation of capital.

India is in a Confirmed Uptrend. With a newly elected government presenting its FY20 budget on July 5, we expect consumer and infrastructure-related to be among benefiting industry groups.

Refer to page 8 for consumer and infrastructure ideas from India.

Highlighted Focus List idea – Bata India (BIN.IN). Refer to annotated chart on page 6.

Refer to page 9 for APAC actionable ideas.

APAC Weekly Summary

Posted on by Derek Higa

Key points from this week’s report:

Please refer to the attached PDF for the full report.

 

  • We shifted China to a Confirmed Uptrend from Under Pressure last Thursday.
  • Investors are advised to follow a wait-and-see approach, as we expect markets to be range-bound going into the G-20 meeting in Japan this week.
  • India and Australia continue to be in a strong uptrend year-to-date.
  • Thailand, Australia, and Taiwan had the highest percentage of stocks breaking out in the last three weeks. See leading Thai ideas on page 3.
  • APAC breakouts were predominantly in the Utility, Financial, and Technology sectors.
  • Highlighted Focus List ideas: Chailease Holdings ( CLI.TW ) and Tata Consultancy Services ( TSE.IN ). Annotated charts on pages 6 and 8.
  • Find a list of top ideas in the Financial and Technology sectors on page 9.
  • Find actionable Focus List ideas list on page 10.

APAC Weekly Summary

Posted on by Derek Higa

Key points from this week’s report:

 

Please refer to the attached PDF for the full report.

 

  • We have moved Hong Kong, Japan, Taiwan, and Thailand to a Confirmed Uptrend from a Rally Attempt.
  • Investors are advised to allocate their capital gradually as follow-through days could fail amid the outcome of the U.S. Federal Reserve meeting and the Trump-Xi meet at the G-20 next week.
  • Refer to pages 3–6 for detailed Datagraphs of the indices.
  • Refer to pages 7–9 for near pivot/actionable ideas from these markets.
  • Refer to page 10 for our actionable ideas from APAC.

June 13, 2019 – APAC Market Overview: Leading Markets, Themes, and Ideas with Derek Higa

Posted on by Derek Higa

Several APAC markets are in a Rally Attempt and could have a follow-through day in the coming sessions, warranting an update to a Confirmed Uptrend. For now, our investment approach remains cautious, however, we continue to notice pockets of strength in APAC. In this week’s webinar, Director, Research Analyst Derek Higa will highlight APAC market conditions and sector rotation. He’ll be joined by other William O’Neil + Co. analysts to examine the themes and ideas they think warrant your attention.

APAC Weekly Summary

Posted on by Derek Higa

Key takeaways include:

Majority of APAC markets Under Pressure or in a Rally Attempt

Recommend a patient approach, being selective to areas of strength

Use follow-through days to begin gradual approach to allocating capital

India is a preferred market

MSCI Asia ex. Japan (

) testing resistance along 200-DMA

APAC Market Conditions, Breakouts, and Focus List Count

Historical study about the significance of the 200-DMA for Hong Kong, Japan, and India

Highlight key sector trends in Hong Kong, Japan, and India

Focus List themes highlighted in the report:

Hot Pot Cuisine: Yihai International (YIHA.HK; 1579:HK)

WAAAX Stocks: Wisetech Global (WTC.AU; WTC:AU), Xero (XRO.AU; XRO:AU)

SE Asia Rotation: Mungthai Capital (MUTH.TH; MTC:TB)

Other high conviction Focus List ideas

Lagging stocks with Negative Alerts

APAC Market Update, Themes, and Ideas

Posted on by Derek Higa

Key takeaways from this report:

Majority of APAC markets Under Pressure or in a Rally Attempt

Recommend a patient approach, being selective to areas of strength

Use follow-through days to begin gradual approach to allocating capital

India is a preferred market

MSCI Asia ex. Japan (

) testing resistance along 200-DMA

APAC Market Conditions, Breakouts, and Focus List Count

Historical study about the significance of the 200-DMA for Hong Kong, Japan, and India

Highlight key sector trends in Hong Kong, Japan, and India

Focus List themes highlighted in the report:

Hot Pot Cuisine: Yihai International (YIHA.HK, 1579:HK)

WAAAX Stocks: Wisetech Global (WTC.AU, WTC:AU), Xero (XRO.AU, XRO:AU) ‘

SE Asia Rotation: Mungthai Capital (MUTH.TH, MTC:TB)

Other high conviction Focus List ideas

Lagging stocks with Negative Alerts

APAC Weekly Summary

Posted on by Derek Higa

Key points from this week’s report:

We downgraded Japan to a Downtrend last Friday. See our note here.

Given the escalation of the trade war, investment opportunities in South Asian markets could become more appealing due in part to supply chain relocation.

Thus far in 2019, the Philippines has been outperforming among Southeast Asian markets. Find our comparison chart on page 3 and Datagraph for the PSE Composite on page 4.

Highlighted Focus List ideas: Muangthai Capital ( MUTH.TH ) and SM Prime Holdings ( SMP.PH ). Annotated Datagraphs on page 7 and 8.

Find our actionable ideas list on page 10.

Info Edge breaking out to all-time highs, Actionable

Posted on by Derek Higa

Key points from the report:

Shares broke out of a five-week flat base on above average volume and are currently actionable.

On May 28, the stock declined around 1.5% intraday and later recovered after announcing its FY19 results to close up 2.7%. It has gained ~11% in the past three days.

Stellar fundamental ratings: Composite Rating 98, SMR Rating A, EPS Rank 68.

Solid technical ratings: RS Rating 94, A/D Rating A.

The number of funds holding the stock increased to 186 as of March 2019 from 116 as of March 2018.