JMDC Placement - Lots to like but past Deals Have Been Mixed and It Is Expensive
JMDC Inc (4483 JP) aims to raise around US$235m, US$150m coming via an international offering and the rest via issuing shares to its largest...
379 Views
Leapmotor Pre-IPO - Thoughts on Valuation
Leapmotor (LM) aims to raise around US$1.5bn in its Hong Kong IPO. LM is a smart EV company based in China, founded in 2015. In this note, we talk...
367 Views
WM Motor Holding IPO - The Positives - Fast Growth Driven by Its SUV and Mainstream Focus
WM Motor Technology Co Ltd is looking to raise about US$1bn in its upcoming Hong Kong IPO. In this note, we will talk about the positive aspects of...
316 Views
Toyota's Q1 EBIT Missed by 28%; FY3/23 Guidance Effectively Lowered
Toyota's Q1 operating profit missed by 28%, but the stock was only down 3% on the day. Management confirmed higher chip supply from Q2, which...
231 Views
Toyota Motor's Bad Q1 Is a Buying Opportunity
Toyota Motor announces quarterly results today. Expectations are super low. We expect dip buying even if results undershoot estimates & recommend...
354 Views