Matahari Department Store (LPPF IJ) - Revamped, Refreshed, and Investable
Matahari Department Store (LPPF IJ) has become investable again with an omnichannel approach and a revamped and refreshed brand portfolio.
224 Views
Paytm IPO: More Expensive than Global Payment Giants and SOTP Suggests More Than 40% Discount
With not so conservative assumptions, our SOTP valuation suggests that Paytm's shares are significantly overvalued at the IPO price range. At the...
270 Views
The Week That Was in ASEAN@Smartkarma - Indonesia's Rich Media, Mitratel, and Malaysian Banks
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
204 Views
Kakao Pay IPO Trading - Won't Be Chasing
Kakao Pay, one of South Korea’s largest payment and financial services apps, raised around US$1.3bn in its South Korean IPO. Kakao held a 55% stake...
185 Views
BliBli - Enter The Dark Knight
BliBli is the "Dark Knight" of Indonesian e-commerce, given its private nature, strong market presence, and unicorn status. It has plans to IPO in...
4.8k Views