CITIC Ltd. is an investment holding company, which engages in the businesses of financial services, resources and energy, engineering contracting, manufacturing and real estate. It operates through six segments: Financial Services, Resources and Energy, Manufacturing, Engineering Contracting, Real Estate, and Other Businesses. The Financial Services spans the banking, trust, insurance, and securities sectors. The Resources and Energy segment comprises of the exploration, mining, processing, and trading of energy products and mineral resources as well as power generation. The Manufacturing segment includes the manufacture of special steel, heavy equipment, and aluminum wheels, and castings. The Engineering Contracting segment serves infrastructure, housing, industrial construction and municipal engineering projects. The Real Estate segment manages residential and commercial properties. The Other Businesses segment provides telecommunications and internet services and the leasing and sale of satellite transponders. The company was founded in 1987 and is headquartered in Hong Kong.
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Blog posts that reference CITIC:
Friday, August 21, 2015
Breville Group (CODE:BRG), another Skaffold Top 5 Stock for 2015, released their 2015 full year results yesterday. Despite the 2015 figures being ever so slightly lower than last year, the share price jumped from $6.70 to close at $6.90.
Whilst year on year revenue, EBITDA and NPAT figures were between 1.2 per cent and 4.3 per cent lower than the previous corresponding period, second half figures outstripped their 2014 predecessors.
Wednesday, January 29, 2014
In the eight months since May 2013, the share price of Skaffold’s top global stocks has risen, on average, 10%. 15 of the 27 stocks identified in May 2013 have recorded rising share prices averaging just over 25%. Only four stocks have returned share price falls in excess of 10%.
The most impressive share price gains were recorded by Hong Kong listed casino operator Galaxy Entertainment Group (up 93%), UK-listed commercial television network ITV plc (up 49%), US-listed Global Payments Inc (up 42%) and Canadian businesses Pason Systems (up 37%) and Canadian Western Bank (up 35%). Four of the top 10 performers are listed on the Canadian Stock Exchange.
Hong Kong also recorded the largest decline, with Skyworth Digital Holdings share price falling 22% since May 2013. UK-listed Old Mutual (down 16%) and Petrofac (down 16%), Canadian supermarket chain Metro Inc (down 15%) and China Overseas Land & Investment, listed on the Hong Kong Exchange (down 9%) posted the largest losses.
Keeping in mind that Australian shares make up only about 2% of the overall world market, it makes sense to open up your investment universe to businesses simply not available on the local exchange.
Friday, September 20, 2013
SMSFs not using Skaffold Global are missing the upside of global stocks because they do not invest offshore due to the perceived cumbersome and expensive process.
There has been a significant performance gap between the performance of the Australian market and the wider world in recent months. According to Rainmaker data, the ASX 300 accumulation index is up 24% in the 12 months to 30 August while the MSCI World Index is up 37%.
With so much growth coming from the SMSF sector, a number of online brokers and wealth management firms have moved to make access to overseas stocks easier, including Skaffold, which was set up by well-known professional stock-pickers Roger Montgomery, Russell Muldoon and Chris Batchelor, and marketer Vanessa Gilbert.
Tuesday, September 17, 2013
Self-managed super fund (SMSF) trustees are increasingly utilising advanced stock researching tools to plan for and manage their retirement portfolio.
That is the assessment of the general manager for Skaffold, Chris Batchelor, who said SMSF trustees were also more likely to seek information about offshore stocks than other investors.
"SMSF trustees are the fastest growing sector of the Skaffold client base," he said.
Monday, September 16, 2013
SMSFs investors are three times more likely to research overseas stocks than non-SMSF investors, according to research conducted by investment research platform Skaffold into its member base.
"We would expect SMSF interest in offshore markets to continue on an upward trend, as data out of major international economies show improvement. There's also likely to be slipstream effect with non-SMSF investors following suit," Batchelor continued.
Monday, September 16, 2013
Skaffold has surveyed members its stock research application to get their hot picks, and whether in an SMSF or not, investors agree that some stocks are too good to go past.
Flight Centre (FLT) remains the top stock of members with SMSF. FLT featured prominently in the financial press recently, announcing a 23% increase in net profit and 28% increase dividend over the same period last year, with the shares closing on a record high of $48.41 on the day of the announcement.
Leighton (LEI) and Newcrest Mining (NCM) were the two stocks common to both groups’ top 10 most ‘disliked’ stocks. There was also consistency in the most popular overseas markets by both groups with the USA and Hong Kong rated first and second respectively by both groups.
Monday, September 16, 2013
Global stock analyst Skaffold has acknowledged SMSF members as the individuals most interested in seeking information on international equities.
According to Skaffold, SMSF investors were around three times more likely to subscribe to the research into offshore exchanges than their non-SMSF peers.
“As a rule, SMSF investors tend to be active investors and at the forefront of seeking out tools to assist with their investment decisions”, Skaffold’s General Manager Chris Batchelor said.
Skaffold’s examination of its client base revealed the United States and Hong Kong to be the leading exchanges SMSF investors wanted more information on.
Friday, July 19, 2013
In a couple of weeks the market will become flooded with information as reporting season kicks into full swing. Skaffold will keep investors updated right through reporting season with daily blog posts, regular news items and a weekly email highlighting any significant changes to our quality and performance score, and intrinsic value estimates, for every ASX-listed company.
Don’t spend hours trawling through annual reports and hunting for new opportunities this reporting season. Skaffold’s powerful filter, daily alerts and easy-to-use interface can help you identify top stocks and evaluate thousands of opportunities in an instant.
Friday, July 12, 2013
August reporting season is the busiest time of year for stock market investors. More than 60% of ASX-listed companies will release their full year results in August, with the smaller mining stocks reporting by 13 September 2013.
Skaffold’s reporting season calendar is now live and will be updated daily over the next few months. The calendar lists the most popular ASX-listed companies and their expected report date. Click here to view the calendar now.
Thursday, June 27, 2013
At our recent webinar four Founding Members shared why Skaffold is at the core of their stock research process and how they use Skaffold daily to find ‘gold nuggets’ and time sell decisions.
Lloyd Evans uses Skaffold to manage his personal and family’s SMSF investments. Andrew Rowan is the founder of boutique financial planning practice Andrew Rowan Wealth Management. Andrew is based in Ballarat, Victoria, and has been advising clients for more than 20 years. Christophe Capel discovers gold nuggets with the help of Skaffold and Chris Batchelor, Skaffold’s General Manager, uses Skaffold daily to manage the share component of his SMSF.