Coupang(CPNG US) Rating Change: Margin Still Has Upside, Upgrade to BUY
We upgrade Coupang’s rating to BUY to reflect its advantages in competitive landscape, and margin expansions. We estimate that Coupang’s 4Q22’s non...
312 Views
Softbank Group (Neutral) - Japan’s Global Tech Play: Initiation of Coverage and Q3 Preview
In this deep dive report, we initiate coverage at Neutral with a ¥6,300 target price. We think global tech will struggle but a recovery in China...
329 Views
Oasis Corporation IPO - Thoughts on Valuation
OASIS Corp (370190 KS) is looking to raise up to US$166m in its upcoming Korea IPO. Previously, we looked at the company’s past performance and...
433 Views
Oasis Corporation IPO - Peer Comparison - Smallest in Scale but Largest in Profitability
OASIS Corp (370190 KS) is looking to raise up to US$166m in its upcoming Korea IPO. In our previous notes, we looked at the company’s past...
442 Views
Oasis Corporation IPO - Sole Profitable Player but Maybe Not for Long
OASIS Corp (1799513D KS) is looking to raise up to US$166m in its upcoming Korea IPO. Oasis Corporation is an early morning delivery service...
360 Views