ESG and IPOs: ESG Affects IPO Investing but Pre-IPO Research Is Scarce
The intersection of ESG and initial public offerings is a treacherous corner in the ESG landscape. ESG is highly material and uniquely relevant to...
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Japan Mega Banks – Avenue of the Americas
* All That Glitters Isn’t Gold: Structurally, the Megabank American franchises are well-capitalized, have strong credit metrics, and are reliant on...
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Luckin Coffee – Bad Brew
* The Fraud: COO Liu and several others have been charged with inflating Luckin Coffee' s (LK.US) revenues beginning 2Q19 – at the point of the IPO...
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Choke Hold On American SMEs and Ongoing Liquidity Crisis
* Pandemic Stay At Home Orders To Be Extended: Excluding the Northeast Corridor and West Coast, major American cities would appear to be at the...
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WeWork Bonds in Peril As Softbank Abandons Equity Tender
Softbank Group (9984 JP) has withdrawn its nearly $3 billion tender offer for The We Company (WeWork) (WE US) equity, which I have valued as...
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