Continuing Professional Development
Photonics and optical communications: the unsung heroes of the digital revolution (15 mins CPD)
Q&A
Learning Outcomes:
- Appreciate the evolvement and advances of photonics & optical communications
- Understand the pace at which the datasphere has grown
- Understand why there is a need to move away from copper to fiber optics for data transfer
Datasphere (amount of data created, captured and consumed) has been growing at 20% CAGR (compound annual growth rate) over the past couple of decades (2020 – 2025E)
Copper is failing to cope with increased broadband speeds
The servers need to be water-cooled
Estimated around 70% less
Could 2024 be a transformative year for investors in the commodity sector after a particularly tough year in 2023? (15 mins CPD)
Q&A
Learning Outcomes:
- Understand why we are seeing a washout in stocks across the commodity sectors
- Gain a better understanding of what has impacted Lithium & Nickel sector in 2023
- What could be the trigger for a recovery in gold stocks?
China’s key commodity-consuming sectors – property & infrastructure
Destocking from China led to inventory levels dropping from 85% to c 12%
Accelerated supply from Indonesia & The Philippines leading to mine closures in Australia
Sentiment towards the timing of the next Federal Reserve’s interest rate cut
Q&A
Learning Outcomes:
- Understand what has driven the fall of dividend yield in the US
- What are the benefits of companies having a share buy back option
- Understand what will help drive real dividend growth for UK smaller companies
A fall in the inflation rate
Technology stocks and the ascent of the ‘Magnificent Seven’ (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia & Tesla)
It can boost earnings per share, reduce the number of shares in issue and counter dilutive stock options from executive incentive schemes.
Low Leverage / Good Free Cash Flow Yields / Low Valuations
Q&A
Learning Outcomes:
- Understand the impact of “Magnificent 7” (largest US technology stocks) on Global and US market concentration and performance
- Review the fundamental trends and valuation metrics of the Magnificent 7 companies
- Consider the downside risks to Magnificent 7 companies’ business models
c. 135%
Tesla has a very narrow model range & Chat GPT could be a threat to Google’s business model
Google pays c. $20 billion a year to Apple to be their default search platform which is 25% of Apple’s net income
