Bukalapak IPO - Peers & Valuation - Betting on Its Potential
Bukalapak (BUKA) is an Indonesian e-commerce company. In our view, BUKA can trade towards 0.5x P/GMV as of listing which would imply a decent 17 -...
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The Week That Was in ASEAN@Smartkarma - Bank Rakyat Indonesia, Thai Financials, and Bukalapak IPO
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
158 Views
Bank Rakyat Indonesia (BBRI IJ) - Ultra-Micro and Digital Aspirations in Place
We are positive Bank Rakyat Indonesia after the announcement of a long-awaited rights issue. We also like Bank Rakyat Indo Agroniaga (AGRO IJ),...
1k Views
Vertex Holdings: Singapore's Showcasing SPAC
Vertex, Temasek's venture capital arm, appears to tick all the right boxes towards instilling a modicum of confidence in Singapore's initial foray...
417 Views
ASEAN Builder's Scoop (6Jul21) - DASIN Terminates ARA Partnership
DASIN terminates ARA partnership; SE expands to Rochester Commons; CBD office 1H21 demand turns net positive; CLI books +13% YoY 2Q21 sales; Indo's...
203 Views