United States | Singapore | Hong Kong | Earnings
Colgate-Palmolive Co (CL US)
- Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 75.0, Target 80.0, Stop 72.5
Clorox Co (CLX US)
- Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 127.0, Target 138.0, Stop 121.5
Frencken Group Ltd (FRKN SP)
- Shares closed higher above the 20dEMA. The 5dEMA crossed the 20dEMA.
- RSI is constructive and MACD just turned positive.
- Long – Entry 1.13, Target 1.19 Stop 1.10
City Developments Ltd (CIT SP)
- Shares closed above the 50dEMA with rising volume. The 5dEMA crossed the 20dEMA.
- RSI and MACD are constructive.
- Long – Entry 6.58 Target 6.90 Stop 6.42
Galaxy Entertainment Group Ltd (27 HK)
- Shares closed above the 20dEMA with rising volume. The 5dEMA is about to cross the 20dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 45.6, Target 48.8, Stop 44.0
Sands China Ltd (1928 HK)
- Shares closed above the 20dEMA with an increase in volume. The 5dEMA is about to cross the 20dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 22.2, Target 24.2, Stop 21.2
NXP Semiconductors NV (NXPI)
- 3Q23 Revenue: $3.43B, -0.6% YoY, beat estimates by $30M
- 3Q23 Non-GAAP EPS: $3.70, beat estimates by $0.11
- 4Q23 Guidance: Total Revenue $3.3B- $3.5B; GAAP EPS $2.71- $3.13; Non-GAAP EPS $3.44- $3.86; Operating Margin 28.1%- 30.3%
- Comment: NXP Semiconductors reported revenue and earnings that exceeded analysts’ expectations, it has also projected fourth-quarter profit exceeding expectations. This is attributable to a robust automotive market and consistent industrial demand counterbalancing declines in other key sectors. Furthermore, the company has been passing increased costs on to its customers as a measure to safeguard its profits. The reported strong demand in the automotive sector can be seen particularly in China, which accounts for about 30% of NXP’s total revenue. The recovery in demand for iPhones, which use NXP’s near-field communications chip, has also contributed to its sales. However, the company’s communication infrastructure business slightly underperformed, which is a cause for concern regarding potential chip demand reductions after months of stockpiling and declining electric vehicle demand. Despite worries about its Automotive segment, its largest revenue segment, being impacted, we believe that the company is confident in its current quarter performance with its other revenue segments seeing growth. 4Q23 recommended trading range: $170 to $200. Positive Outlook.
恩智浦半导体 (NXPI)
- 23财年第三季营收：34.3亿美元, 同比跌幅0.6%，超预期3,000万美元
- 23财年第三季Non-GAAP每股盈利：3.70美元，超预期0.11美元
- 23财年第四季指引：营收在33亿至35亿美元之间，GAAP每股收益2.71至3.13美元；Non-GAAP每股收益3.44至3.86美元；营业利润率28.1%至30.3%。
- 短评：恩智浦半导体公布的营收和盈利均超出分析师预期，该公司还预计第四季度利润超出预期。这是由于强劲的汽车市场和持续的工业需求抵消了其他关键部门的下降。此外，该公司一直在将增加的成本转嫁给客户，以保护其利润。据报道，汽车行业的强劲需求在中国尤为明显，中国市场约占恩智浦总收入的30%。使用恩智浦近场通信芯片的iPhone需求复苏也促进了该公司的销售。然而，该公司的通信基础设施业务表现略差，这令人担心，在数月的库存和电动汽车需求下降之后，芯片需求可能会减少。尽管担心其最大的收入部门汽车部门受到影响，但我们相信该公司对其当前季度的表现充满信心，其其他收入部门也将出现增长。23财年第四季度建议交易区间：170美元至200美元。积极前景。
