B.Grimm Power IPO: Quality Name but Upside Capped by Leverage
Thailand-based power plant player B.Grimm Power launched book building to raise up to US$348m to fund its expansion and pay down debt. At...
357 Views
WHAUP IPO: Valuation Reasonable, Peer Performance Implies Positive Momentum
After we covered the fundamentals of the WHA Utilities and Power (WHAUP TB), the company launched the book building last week. In this insight, we...
468 Views
This Ain't Winterfell, Summer Is Coming!
Only Gets Hotter from Here On. Summer typically starts in February in Thailand. In the South, there are only two seasons, but elsewhere, summer...
799 Views
Rabble Rousers (Episode 2): The Hardest Dots To Connect
The Vongkusolkij family of Mitr Phol Group boasts market leadership in not one but two very distinct industries: sugar and coal (Banpu), and have...
211 Views
Smartkarma - ECM Coverage Weekly Update (17 Oct 2016)
Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs.Accuracy Rate:Our accuracy...
214 Views