ECM Weekly (18th July 2021) - Krafton, Kakao Bank, Bukalapak, Filinvest REIT, Zomato, China ADR IPO
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
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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 -...
448 Views
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...
154 Views
Bukalapak IPO: Reaching Hard to Reach Areas but Prospects of Profitability Is Bleak
At the proposed IPO price range, Bukalapak is trading at 41.9-47.6x 2020 EV/Sales, which is not cheap, especially for a company that may not be...
229 Views
Bukalapak IPO - Structural Tailwinds with a Noble Cause
Bukalapak (BUKA) is an Indonesian e-commerce company. The company is raising US$1.13bn in its IPO and counts various reputable institutional...
265 Views