Category Archives: EADS

15Jan/14

Morning Market Commentary – DAX, German surplus

Allianz, BMW, Daimler Mercedes, EADS, Industrial Manufacturing, Morning Market Commentary, SAP

We are expecting for the DAX 30 equities’ outperformance to extend through 2015. EPS expectations should stabilize alongside global GDP growth. We are forecasting DAX EPS FY 2014 to rise by 16% yoy to 760. (Vs. consensus 729).

In the past 30 years that we have been active in the global equities capital markets arena, Germany has been focusing like no other nation and its corporate sector in re-inventing and restructuring and repositioning itself and its economy by constantly upgrading through technological, intellectual value-added, and by high capital expenditure driven innovative research and development. This has lead to the point that the majority of German companies to-date are world class leaders, second to none.

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29Jul/13

Morning Market Commentary & Weekly Charts – Summer breeze to continue for global equities?

Commodities, EADS, Gold & Precious Metals, Oil, Gas & Energy, Weekly Market Commentary & Charts

It’s time to take trading profits in equity index based investments. Sectors with traditional positive seasonality are the exceptions. Gold, gold equities, biotech and utilities are bucking the trend by moving higher as well as outperforming equity indices.

We continue recommending to “buy” EADS shares at the current price of EUR 44.34, and still continue to prefer EADS over Boeing, as we have for the past 6 years, since inclusion of EADS in the CGI Global 50. Our 12 months price target for EADS shares is EUR 54.

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26Apr/13

Morning Market Commentary – Global/US equities sell off confirmed, Energy, Metals entering negative seasonal trend, EADS “buy”

Commodities, EADS, Metals, Oil, Gas & Energy

Currently the number of US companies that have reported sales above estimates are at a mere 44.1% based on results released for the first quarter, thus far.  The current quarterly revenue beat rate is the third lowest in over 10 years, beaten only by the fourth quarter of 2008 and the first quarter of 2009, just as the recession was beginning.

We believe that the actual data, whether it relate to the broad economy, to actual negative currency impacts, or to earnings, fail to catch up to expectations, a correction in forecasts may be in order, the result of which would likely lead to a correction of stock prices as well.

Again, we see more evidence in increasing metrics for investors to brace themselves for a 6% to 10% pullback in major global equities markets, and surely also for the US markets. 

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27Feb/13

Mystery Charts + EADS & Boeing

Boeing, EADS

5 pictures worth more than 5 Million words. 

We thought that today, we create value, not only on a serious note, but also by realistically looking at the “value added “ perception and reality of most of the “sell-side” content to institutional investors. Here we give clients a bit of guesswork to enjoy, which we think is fun, and explaining how that some deliver value, or alpha, and most do not. The majority of sell-side analysts have been bullish on one of these two securities.

We take an indepth look at EADS and Boeing.

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08Feb/13

Global Markets Strategy & Equities Outlook – Bullish on Japan & China

Allianz, ArcelorMittal, Banking, BMW, Commodities, Currencies, EADS, FORD, Gold & Precious Metals, Hyundai, Industrial Manufacturing, Jabil, MAN, Mitsubishi, Nestle, Oil, Gas & Energy, SAP, Seimens, Sony, Strategy, UBS, Unilever, Utilities, VW

As you know we turned very bullish on Japan and China in September 2012, and have been advising to overweight allocations towards the Nikkei and the Shanghai Indices, as we recognized major turning points in those markets due to changes in government leadership and implicitly new and improved stimulus policies going into effect as of Q4 2012.

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08Oct/12

Morning Market Commentary & Weekly Charts

EADS, Oil, Gas & Energy, Weekly Market Commentary & Charts

Two unexpected events last week triggered a surprising upside move in equity markets last week, China’s $150 billion fiscal stimulus package announced on Thursday night and the ADP report showing a gain in US private employment in August instead of a loss. Gains were muted on Friday when the less than expected US employment report was released.

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