Month: May 2020

Should Wise Talent Information Technology Co., Ltd’s (HKG:6100) Weak Investment Returns Worry You?

Today we are going to look at Wise Talent Information Technology Co., Ltd (HKG:6100) to see whether it might be an attractive investment prospect. Specifically, we’ll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires.

First, we’ll go over how we calculate ROCE. Second, we’ll look at its ROCE compared to similar companies. And finally, we’ll look at how its current liabilities are impacting its ROCE.

Understanding Return On Capital Employed (ROCE)

ROCE measures the ‘return’ (pre-tax profit) a company generates from capital employed in its business. Generally speaking a higher ROCE is better. Overall, it is a valuable metric that has its flaws. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since ‘No two businesses are exactly alike.

How Do You Calculate Return

Read More

QQQ Joins An Elite Club

  • Last week, the Invesco QQQ Trust (QQQ) crossed the $100 billion in assets mark, joining three S&P 500-based ETFs and a total stock market offering from Vanguard.
  • While thought of as an information technology ETF, more than half of QQQ’s assets are from other sectors. CFRA finds many of the stocks inside to be attractively valued and having underappreciated earnings potential.
  • CFRA thinks it could be three or more years before another fund joins the $100 billion club given competitive pressure and modest returns for bond funds. But actions by the Federal Reserve could boost one fund into the upper echelon.

QQQ Joins $100B Asset Club
QQQ reached the $100 billion assets under management threshold last week, according to ETF data from First Bridge, aided by a 12% total return in the past month and a strong $9 billion of net inflows this year. The fund is the fifth largest

Read More

Virtusa (VRTU) Lags Q4 Earnings and Revenue Estimates

Virtusa (VRTU) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -30.51%. A quarter ago, it was expected that this provider of information technology services would post earnings of $0.76 per share when it actually produced earnings of $0.78, delivering a surprise of 2.63%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Virtusa, which belongs to the Zacks Computer – Services industry, posted revenues of $329.65 million for the quarter ended March 2020, missing the Zacks Consensus Estimate by 0.10%. This compares to year-ago revenues of $327.63 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock’s immediate price

Read More

How a Small Industrial Robot Can Improve the Quality of Your Goods

Robots in the workplace | April 2018 | Safety+Health Magazine

For any business, the goal of their operations is to produce goods of the best quality. A quality that customers enjoy, and actually prefer to that of their competitors.

Nonetheless, at times, trying to get the best quality products can be tough, especially when dealing with large volumes. This results in poor performance in the market and, subsequently, poor profitability for the business.

Different industries are trying various techniques to address this issue, with the most successful one being automation.

Robotic automation has taken industries by storm as it assures them more productivity at lower costs. But does it have an impact on product quality?

Below we look at the five ways robotic automation improves product quality.

1.    Eliminates human error in production

‘Man is to error’ is a saying that correctly applies to manufacturing. For most industries, human error has cost them a ton of opportunities.

Workers make … Read More