Rakuten Bank IPO Trading - Ample Upside
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), raised around US$630m in its Japan IPO. In this note, we talk about the...
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Astra International (ASII IJ) - A Solid Start with Data in Mind
Astra International (ASII IJ) registered a strong start to the year with strong growth across most of its major divisions in 1Q2023, including 4W,...
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Adi Sarana Armada (ASSA IJ) - Adapting Speedily to the New Reality
Adi Sarana Armada (ASSA IJ) provide unique exposure across Indonesia's mobility ecosystem from Car leasing to auctions and omnichannel used car...
477 Views
Harita Nickel IPO: Trading Debut
Peers have re-rated and the IPO price continues to imply a discount to the median peer CY2023 P/E multiple. Therefore, the IPO price remains...
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Harita Nickel IPO Trading - Quality Names in the Bookbuild Should Aid Sentiment
PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) raised around US$660m in its Indonesian IPO. In this note, we will talk about the...
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