GOGOX IPO Initiation: A Less than Perfect Delivery
GOGOX is pre-marketing an HKEx IPO to raise US$200 million, according to press reports. We believe that the fundamentals are unattractive and we...
407 Views
Softbank Group - Q3 21 Results Reaction: ARM IPO Pivot Is the Big Reveal
SBG will pivot to an ARM IPO after confirmation the NVDA sale was off. It continues to invest aggressively at VF2 with little to spare for...
251 Views
Huitongda IPO - Valuation
The valuation looks cheap compared to peers on the surface, but when compared after considering Huitongda’s 1P exposure its at a significant...
329 Views
The Week That Was in ASEAN@Smartkarma - Bank Rakyat Indonesia, Buy Now Pay Later, and BFI Finance
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
215 Views
Vedant Fashions IPO - Dominant Position in a Small Niche but Appears Pricey
Vedant Fashions is looking to raise up to US$420m in its India IPO. In this note we will talk about the company background and run the deal through...
223 Views