Selected European HoldCos and DLC: June'24 Report
Discounts to NAV of covered holdcos didn't follow a clear trend during June. What seems interesting: Porsche SE vs. listed assets and the Rio DLC...
192 Views
Selected European HoldCos and DLC: November’23 Report
Discounts to NAV of covered holdcos tightened in November. Interesting trades, in my view, include Heineken Holding vs. Heineken, Porsche SE vs....
274 Views
China Resources Beer (291 HK): High Visibility; Steady Growth; Reasonable Valuation
A stock with strong growth, reasonable valuation, and high visibility for the next three to five years, in one of the best consumer sectors in...
526 Views
Allied Blenders and Distillers - RHP Updates & Thoughts on Valuation
Allied Blenders & Distillers (9844250Z IN) is looking to raise about US$180m in its upcoming India IPO. In this note, we talk about its RHP updates...
801 Views
Selected European HoldCos and DLC: May'24 Report
The Discounts to NAV of covered holdcos did not follow a clear trend during May. Half of them widened while the other half tightened.
209 Views