The Week that Was in ASEAN@Smartkarma - Diagnosed with Prodia, ITail, and Jardine C&C
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
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GoTo: Large Job Cuts to Improve Financials?
Bloomberg report that GoTo is planning to cutdown about 1k jobs to improve financials. We think cutting down employee costs alone won't help,...
387 Views
FSN E-Commerce (Nykaa) Lockup Expiry - US$2.5bn Unlock with a Very Scattered Shareholding
In Nov 2021, Nykaa raised around US$720m in its India IPO, via mostly selling secondary shares. Stock worth US$2.5bn will soon come free from the...
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BliBli IPO Trading - Upsized, Priced near Top-End but Should Be Trading at Least 50% Lower
PT Global Digital (BliBli) raised around US$517m in its Indonesian IPO, after using the upsize option and pricing its deal just below the top-end....
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Astra International (ASII IJ) - Driving into Indonesia's Growth Areas
Astra's recent 9M2022 numbers confirmed its position as a well-rounded way to play Indonesia's economic recovery through autos and commodities...
224 Views