In today’s briefing:
- ICTK IPO Preview
- Trial to Become 5th Biggest Supermarket Post-IPO
ICTK IPO Preview
- ICTK is getting ready to complete its IPO in KOSDAQ in May. The IPO price range is from 13,000 won to 16,000 won.
- According to the bankers’ valuation, the expected market cap of the company after the listing is 171 billion won to 210 billion won.
- ICTK is a security company specializing in Internet of Things (IoT) based on physical copy prevention technology.
Trial to Become 5th Biggest Supermarket Post-IPO
- Trial, the discount FMCG and retail technology company, completed its IPO last month, achieving an initial market capitalisation higher than most of its rivals in the supermarket sector.
- If forecasts for FY2023 are achieved, it will become the 5th largest chain in the country and its proprietary technology should give it an important advantage in the medium term.
- But its position at the centre of the fast-growing discount sector will drive the real growth, and the Kyushu-based firm will emerge as challenger to leading retailers.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
