Jun 29, 2021Member-onlyDomino’s Australia valuation (2018)Industry Analysis DMP is in the Fast Food and Takeaway Food Services industry, also known as Quick Service Restaurants (QSR). Globally, this industry is expected to grow at a CAGR of slightly above 4.20% between 2017 and 2022, expected to reach above USD 690.80 billion in 2022 (Zion Market Research, 2017). DMP…Global Equities13 min read
Jun 22, 2021Member-onlyFerrari IPO valuation (2015)Auto Industry at a glance — Low revenue growth: Auto industry, in general, had only 5–6% revenue growth from 2005–2014. Low-profit margins: Median operating margins in the Auto industry is 4–5% with a large proportion of companies making operating losses. Significant re-investment needed: Brick and mortar intensive production facilities require continuous upgrades and maintenance close to…Valuation6 min read
Published in HackerNoon.com·Jan 9, 2021Member-onlyDistributed ledger technology for bank guarantees in commercial property leasingThe current process involved in the issuance of a bank guarantee is illustrated below (Westpac, 2017). The current process in issuing and managing a bank guarantee involves multiple pain points that can be significantly improved. i) Physical document management — Banks currently issue a physical document, signed by tenants. The…Blockchain Application6 min read
Published in HackerNoon.com·Nov 9, 2019Member-onlyCapital Asset Pricing Model and Arbitrage Pricing Theory — Which one? When?What is CAPM:Investing8 min read
Mar 23, 2019Cryptographic essence of Bitcoin: Part 2 — How do public/private keys work? Elliptical Cryptography & Proof of workLet’s find out how to create a Bitcoin Address Elliptic Curves Cryptography Elliptic curve cryptography (ECC) is an approach to public-key cryptography (watch video) based on the algebraic structure of elliptic curves over finite fields. The elliptic curve below is an example of an elliptic curve, similar to that used by bitcoin. The…Bitcoin6 min read
Published in HackerNoon.com·Mar 15, 2019Cryptographic essence of Bitcoin part # 1: What is a Hash function?What is a Hash? Cryptographic hash functions are mathematical operations run on digital data. In Bitcoin, all the operations use SHA256 as the underlying cryptographic hash function. SHA (Secure Hash Algorithm) is a set of cryptographic hash functions designed by the United States National Security Agency (NSA). To put it in simple term, a…Blockchain5 min read
Mar 10, 2019Stock Market Analysis Project via Python on Tesla, Ford and GMThis a basic stock market analysis project to understand some of the basics of Python programming in financial markets. Part 0: Import the necessary modules Part 1: Get the data from yahoo finance on the daily closing prices of Tesla, GM and Ford.Data Science5 min read
Feb 15, 2019Economic trends in 2019 and the impact on goldThe interplay between market risk and economic growth in 2019 will drive gold demand.Macroeconomics
Published in HackerNoon.com·Feb 13, 2019Share price valuation: Domino’s Pizza Australia — as of 01/12/2018Domino’s Pizza Enterprises Limited (DMP:ASX) is a publicly listed company on the Australian Securities Exchange that comprises over 2,400 retail food outlets across Australia, New Zealand, France, Germany, Netherlands, Belgium, and Japan. …Investing9 min read
Published in HackerNoon.com·Jan 29, 2019Alternative Beta Strategies in CommoditiesHarry Markowitz’s 1952, modern portfolio theory has been the cornerstones of asset allocation and portfolio construction. In reality, the correlation between traditional asset classes has increased steadily over the past decade. Seemingly unrelated assets moved in lockstep, and portfolios once thought to be diversified did not weather the storm. This…Investing10 min read
