![](https://wp-static.smartkarma.com/../assets/uploaded/2022/03/TMTRazerIncSilergyCorpandmore.jpg)
In today’s briefing:
- Merger Arb Mondays – Razer, Sezzle, Irongate, 51job, Link, Guodian, Crown Resorts
- Silergy (6415.TT): In 2022, the Company Should Aim at Growing Above 30%.
Merger Arb Mondays – Razer, Sezzle, Irongate, 51job, Link, Guodian, Crown Resorts
- We summarise the latest spreads and newsflow of merger arb situations covered by us across Hong Kong, Australia, New Zealand, Singapore and the US (Chinese ADRs only).
- This week, the highest gross spreads are Razer Inc (1337 HK), Sezzle Inc (SZL AU), Irongate Group (IAP AU), 51 Job Inc Adr (JOBS US), Link Administration Holdings (LNK AU)
- The lowest gross spreads are China Logistics Property Holdings (1589 HK), Virtus Health (VRT AU), CIMIC Group Ltd (CIM AU), Singapore Press Holdings (SPH SP), Australian Pharmaceutical Industries (API AU)
Silergy (6415.TT): In 2022, the Company Should Aim at Growing Above 30%.
- We expect that the revenue/GM is about NT$5.95bn/54% in 1Q22 respectively. We expect it shall come to NT$6.14bn/56.5% for revenue/GM in 4Q21 respectively.
- Given strong demand of those could not be digested, Silergy has to choose high premium orders, which means Silergy can enjoy better prices.
- The domains of Server, Datacenter and 5G are Silergy’s main targets to grow in the next 3~5 years.
Before it’s here, it’s on Smartkarma