Daikin to double India capacity with third air-conditioner plant

Daikin Industries aims to open a third Indian factory for home air conditioners in 2021, investing 10 billion yen ($88.4 million) to double its annual production capacity in the rapidly growing market to 2 million units. [Darkin: Market cap: 32.26B(USD); NI 1.7B; PE: 19; dividend: 1.16%; Rev: 20.66B; Net ratio: 8.23%; E:12.2B; RoE: 14%]

The manufacturer targets sales of 100 billion yen in India for the year through March 2021, double its fiscal 2017 tally.

India’s home air-conditioner market is expected to reach 7.47 million units in 2023, surging by over 70% from 2017 while the global market grows just 20%, according to British research firm Euromonitor International. [still small market compared to China which has 80m units sold locally in 2017]

Daikin, LG and Voltas — part of the Tata Group, India’s biggest conglomerate — each command shares of around 15% to 20% in the country, with the Japanese player claiming the top spot by sales in 2015. Other competitors in India include U.S. company Carrier, as well as Japan’s Panasonic and the Hitachi group.

Jawa reduced imports from Thailand and boosted local production to lower costs, letting Daikin launch ordinary household units priced about 20% below previous models at between 32,000 and 38,000 rupees ($450 to $540). Such units enjoy support from consumers despite costing about 30% more than Voltas’ products and 10% more than those of LG. The South Korean company’s two Indian plants have run at full capacity since last year, and it expects to produce about 1.6 million units in 2018.

Despite the lower prices for Voltas and LG, Daikin Senior Executive Officer Yoshihiro Mineno claims the cost cuts let the company “set prices in a range.” But as the Indian market expands, customers may grow increasingly sensitive to prices.

Richard Branson launches $3m challenge to reinvent the air conditioner

Its power consumption at full load must not exceed 700 W and it mustn’t consume more than 14 L (3.7 gal) of water per day. 
A detailed technical application then needs to be submitted by August, with 10 finalists handed US$200,000 to build working prototypes in November. The final winner will be awarded $1 million in November or December 2020.

Can India Afford to Cool Down?

The world’s fastest-growing market for air conditioners sparks a search for power-saving strategies that could help all developing countries.

Electricity consumption from air conditioning in India is expected to multiply 30 times from 2010 to 2030 if it isn’t made more efficient.

The 900 million residential air conditioners in the world today are expected to rise to between 2.5 billion and 3.7 billion room units by 2050. If little is done to improve efficiency, air conditioning will account for 40% of global growth in energy consumed in buildings by 2050—an amount of energy equivalent to all the electricity used today in the U.S. and Germany combined, according to the IEA.  [50m-87m per year, net increase]

Now EESL is working with companies such as Mahindra Automotive, which has ordered 1,100 of the super-high efficiency air conditioners to replace aging units in its offices. The company expects a 15%-30% energy savings over the next 18 months

It remains to be seen whether EESL can drive down the price of super-efficient air conditioners as far as it did with high-efficiency lighting. Unlike with light bulbs, ACs are considered a luxury item for the rich, one governments are wary of being seen as directly subsidizing. 

雪球投资节演讲

银行螺丝钉:

先锋领般基金,股票比例:(100-年领)%

指数估值水平表,微信公众号

……………

sexypig,涨停板敢死队,万得打板指数

医药,老龄化,医保控费,恒瑞,一致性评价

……………

0~400万,11年,定投

Lagom

……………

梁宏,教育医药,在研估值,房地产去年市场增长头部份额集中,低位加杠杆拿地高位去杠杆。

……………

白酒, 王冠:估价合理,顺鑫低端白酒类似涪陵榨菜、海天味业,顺鑫和茅台确定性高,安琪酵母?侯昊茅台25倍动态

……………

杨天南👍

…………………

医药流通领域,恒瑞有点贵2千亿,医药邦,按研发费排投三十,药房: 黄建平:从人口周期来看,医药行业未来肯定是很大。中国60年代是第一个生育高峰期,每年大概生育2500万人口。80后他们的子女,也是,每年生育大概2500万。到2020年之后。就是要经历的第一个人口高峰的老龄化。而且寿命比较长。但是中国未来最好的医药企业,并不一定是目前上市的企业。有些新兴的企业直接从海外情欧美的科学家进行研究,资本加持,瞄准新的耙点,可能发展潜力非常巨大。所以一次,买30只股票也是有风险,有些公司不思进取。随便找些辅助药玩玩。医保控费。整合到投不上来,留下好的企业。有些美股的医药股还是比较便宜的,市盈率在十倍20倍左右。

https://live.polyv.cn/watch/207092?userId=guest75339752

The Vegetarian Butcher

The Vegetarian Butcher

The firm sells a variety of foods, ranging from minced meat to prawns, through 3,500 sales points in 15 countries (the bulk of them are in Dutch supermarkets) and has annual revenues of €12m ($14.2m). One in five sausage rolls sold in Albert Heijn, the Netherlands’ largest supermarket chain, comes from the veggie butcher. Mr Korteweg says he wants to make factory farming obsolete by “seducing meat-lovers” without inflicting suffering on animals and damage to the environment by feeding livestock.

a tenth of Germans are now vegetarians, up from 0.6% in 1983.

自锐系统-from Peter

不像刀剑,砂轮不用磨自己就很锋利,而且不管你怎么用都会一样锋利。

考试一完就坐下来把刚才的题再回忆做一遍,不限时间。知道最后大概的得分,而且知道原因,没学好,理解错了,还是就是时间不够;然后和以后发下来的卷子比较,更深入知道其中的问题。这就是一个自锐系统。

还有买房投资也是如此。每笔投资做好记录,以及决定投资的原因和预期目标。以便和以后的实际情况进行对比,回去复查当初的原因是否可靠。 也记录房客的情况,统计,以后在选择管理房客上就会节省很多时间。

(可用于股票外汇交易;记录数据更加容易得到。还要记录原因)

Vulture

  1. 宏观、行业不好时的好公司 ***** [calm, bke, spd]
  2. 爆出丑闻的好公司 **** [wells fargo]
  3. Turn around [gopro, wdc]
  4. 坏公司 [valeant]

Goldman buys £350m UK property portfolio, net initial yield of 6.1 per cent

the portfolio of 26 office, retail and industrial buildings from the Swedish pension fund Alecta

a net initial yield of 6.1 per cent, and represents an 8 per cent discount from the £380m

UK real estate capital values fell by 3.3 per cent in July but the decline slowed to an 0.5 per cent drop in August and a 0.2 per cent fall in September, according to the property advisers CBRE

How 1 Man Made 100x His Money After 50

Few know, that as Warren Buffett blew out the candles on his 50th birthday cake, he had just 1% of his current fortune. Think about it: At an age when most give up hope, Buffett was just getting started on the remaining 99% of his fortune.