(Mostly) Asia-Pac Weekly Risk Arb Wrap: CMIC, IRC, Allkem, Benesse, Southern Cross, EOFlow, Shidax
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
419 Views
IRC (1029 HK): MBO's MGO. Look Away ...
Trading 13.5% to terms after gaining 16.9% today. But even if small illiquid arbs are your thing, I'd give this a wide berth.
458 Views
IRC Limited (1029 HK): Mandatory Conditional Offer from the Chairman
The offer looks light vs long-term trading ranges. The minimum acceptance threshold implies a minority acceptance rate of 27.9% (36.8% if MIC...
577 Views
IRC [1029_HK]: Underlying Profit Up 5x, +65% Revenue Growth, Iron Ore Price Recovery, 2.7x P/E
IRC [1029_HK; HK$1,430 mn/US$186 mn market cap; HK$5.1 mn total average daily value traded] reported stellar revenue growth along with robust...
23 Views
IRC [1029_HK]: +10% Sales Volume Growth, Iron Ore Price Robust, 2.4x P/E
IRC [1029_HK; HK$1,880 mn/US$245 mn market cap; HK$5.1 mn total average daily value traded] reported strong sales volume growth of 10% QoQ for the...
341 Views