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News & Insights #6
Jam’s news & insights

News & Insights #6

Additions to the HK portfolio *** the new financial model feature *** background insights in Tianjin Development's prime affiliate *** and more

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Jam_invest
Mar 24, 2024
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News & Insights #6
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Links & references

  • Tianjin Development $882.hk; My compliments to

    Chesley
    on a wonderful post on the elevator industry! Very helpful to learn more about $882’s affiliate Otis, and the Chinese elevator industry.

Revenue and Profit
Elevators [$OTIS, $KNEBV, $SCHP and $6544]
Many of us use elevators every day, but few know that the elevators business is a cash cow with immense profits: OTIS, Kone and Schindler make at least 20% pretax return on capital each. I like the elevator business because of its razor/razorblade business model. The new elevator installation is the razor with only 7% OP margins to lock customers down i…
Read more
a year ago · 4 likes · Chesley
  • Nissin Foods $1475.hk;

    Dabao
    wrote about the Chinese instant noodle market, and Nissin, in particular.

One foot hurdle
1475:HK Reputable consumer staple brand with huge TAM trading at EV/EBIT under 8
Disclaimer(Mr. Michael Fritzell kindly let me use his): This is neither a recommendation to purchase or sell any of the shares, securities or other instruments mentioned in this document or referred to; nor can this presentation be treated as professional advice to buy, sell or take a position in any shares, securities or other instruments. The informati…
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a year ago · 1 like · 1 comment · Dabao

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