Sumco – We Would Take Profit
We had previously suggested that Sumco’s offering looked reasonably attractive but that call was largely based on the name looking oversold so...
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ECM Weekly (17th October 2021) - SG Lottery, GQG, Judo Bank, Vulcan Steel, Biocytogen, Kakao Pay
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
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PHC Holdings IPO Trading - Needs to Start Acting like One Company to Move Higher
PHC Holdings and its shareholders raised around US$645m, via selling a mix of primary and secondary shares in its Japan IPO. In this note, we will...
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Sumco Placement Quick Update - A Slightly Wider Discount than 2015
The follow-on offering was priced at JPY2,097 per share, a 3% discount to the today's (12th October) close price and 6.8% discount to the...
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Sumco – Overcapacity Risks but Oversold
Sumco’s capacity expansion plans are a worrying sign that tech could be close to rolling over but the stock looks oversold making a placement...
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