MAKRO : Creating a ‘New S Curve’ Through O2O Channels
We initiate coverage of MAKRO with a HOLD rating and a target price of Bt37.50, based on a DCF approach (WACC of 8.7% and TG of 2%). Our valuation...
131 Views
ECM Weekly (5th December 2021) - Weibo, Asymchem, Grab, Yonghe, Gushengtang, Siam Makro, SF Intra
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
297 Views
Siam Makro Placement - Smaller Deal Size with a Tight Discount and No Fast Entry
Siam Makro Public (MAKRO TB) is looking to raise up to US$1.8bn. Placement price is fixed and discount is tight. There will also be no index fast...
429 Views
The Week That Was in ASEAN@Smartkarma - Telkom Digitally Remastered, MAPI, and DTAC & True Merger
The week that was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
210 Views
Berli Jucker (BJC TB) - Canned Recovery in Motion
Berli Jucker (BJC TTB) is on the cusp of a strong recovery going into 4Q2021, and even more so in 2021, mainly driven by its retail and packaging...
346 Views