Rakuten Bank - Big TOPIX Inclusion Next Week
Rakuten Bank IPOed too low. Then it reported earnings and growth. The stock is a bit higher PER than large cap peers, and a lot higher PBR, but it...
470 Views
Rakuten Bank IPO - Lower Range Makes It Even More Attractive
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), aims to raise up to around US$630m in its Japan listing in April 2023.
747 Views
Grab IPO Lock-Up - Over 60% of the Stock Worth Nearly US$8bn Comes Free
Grab raised around US$4.5bn in its de-SPAC listing in Dec 2021. The shares are now trading around 68% below the listing price. The lockup release...
1.7k Views
PHC Holdings IPO Lock-Up - Stock Might Be Cheap but It’s Stuck with a US$1bn Overhang
PHC Holding had raised US$645m in its Japan IPO in Oct 2021, after the deal was downsized and priced at the low-end. The lock-up on pre-IPO...
594 Views
Making Bank - Sector Outperforming Despite the BoJ's “dovishness”
Analysts raise earnings estimates for megabanks, but upcoming results may trigger a "sell on the news" reaction. Overall, long-term outlook...
197 Views