Star Entertainment (SGR AU): Entertaining Known Unknowns
Our leverage scenarios suggest an equity raise of A$250-500 million is required. Despite the share price fall, we would steer clear until the...
288 Views
Genting Singapore in the Crosshairs of Potential Suitors
Bloomberg reports that Genting Singapore is drawing takeover interest. Precedent transactions suggest a potential privatisation price of at least...
483 Views
Index Rebalance & ETF Flow Recap: HSI, HSCEI, HSTECH, HSCI, S&P/ASX, SET50, LIC, SBI Sumishin, Crown
This recap highlights Insights covering Asian index rebalances (announcements/ forecasts/ IPO Fast Entry/ M&A driven changes). We also highlight...
492 Views
SkyCity Placement: Past Performance and the Relative Value Trade
SkyCity launched an NZD 180 million institutional placement and an NZD 50 million share purchase plan this morning. In this note, we will take a...
383 Views
ASX Reporting Season Update: Misses and Downgrades Amongst Bright Spots
Reporting season has been relatively disappointing with only 45% of stocks able to either meet or beat FY19 expectations. Analyst expectations in...
558 Views