Rakuten Bank IPO - Peer Comparison - SBI Sumishin or Kakaobank?
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), aims to raise up to around US$900m in its Japan listing in April 2023. In this...
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Trial Holdings IPO - Sector Lagging Margins Warrant a Discount
Trial Holdings (5882 JP) is looking to raise up to US$393m in its Japan IPO. In this note, we talk about implied valuations.
389 Views
SBI Sumishin Net Bank IPO Trading - Rakuten Filing Will Add on More Pressure
SBI Sumishin Net Bank (7163 JP) (SSNB) raised around US$370m in its second listing attempt. In this note, we talk about the trading dynamics.
331 Views
Rakuten Bank IPO - Recent Filings Updates and Quick Thoughts on Valuation
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), aims to raise up to around US$900m in its Japan listing in April 2023.
541 Views
Trial Holdings Pre-IPO - The Negatives - Wafer-Thin Margins
Trial Holdings (5882 JP) is looking to raise around US$375m in its Japan IPO. In this note, we talk about the not-so-positive aspects of the deal.
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