IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Axelum Resources / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/axelum-resources" target="_blank" data-smartkarma-citation="entities:28282:1" rel="noopener">Axelum Resources (1729371D PM)</a> is a leading coconut product manufacturer. Axelum aims to raise up to PHP7.7 billion ($147 million) through a primary (400 million treasury shares and 300 million new shares) and secondary (430 million shares) offering. The offer price is PHP6.81 per share with offer period commencing on 23 September.</p><div class="content-highlight"><p>Overall, we believe that Axelum’s fundamentals offers more positives than negatives and could prove to be attractive at the right valuation. We will provide a view on the valuation in the next note.</p></div>

Axelum Resources (1729371D PM) is a leading coconut product manufacturer. Axelum aims to raise up to PHP7.7 billion ($147 million) through a primary (400 million treasury shares and 300 million new shares) and secondary (430 million shares) offering. The offer price is PHP6.81 per share with offer period commencing on 23 September.Overall, we believe that Axelum’s fundamentals offers more positives than negatives and could prove to be attractive at the right valuation. We will provide a view on the valuation in the next note.

Axelum Resources IPO Initiation: Making a Meal of It

Philippines

Axelum Resources Corp. produces and supplies coconut products. The Company offers milk powder, cream, water, and oil, as well as desiccated coconut. Axelum Resources serves customers worldwide.

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Axelum Resources IPO Initiation: Making a Meal of It

Axelum Resources (1729371D PM) is a leading coconut product manufacturer. Axelum aims to raise up to PHP7.7 billion ($147 million) through a...

Arun George