Daily BriefsIndonesia

Daily Brief Indonesia: GoTo and more

In today’s briefing:

  • Our IPO Calls for 2022

Our IPO Calls for 2022

By Shifara Samsudeen, ACMA, CGMA

  • As 2022 comes to an end, we revisit our IPO calls over the last 12-months and how these stocks have performed to assess the effectiveness of our calls.
  • We made explicit buy/sell calls on 12 IPOs during this period with a hit-rate of 83.3% with Grab, GoTo, Cloud Music, SenseTime and Leapmotor IPOs making the highest returns.
  • We also wrote on several other IPOs during this period, however, those IPOs have not received approval yet.

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