Sign in with Google
bullish
Modec Placement - Deal Seems a Little Opportunistic but Not Particularly Expensive
599 Views14 May 2024 11:32
Mitsui E&S Holdings (7003 JP) is looking to raise approximately US$451m through a secondary follow-on offering, via selling approximately 21.9m shares (32% of TSO) of Modec Inc (6269 JP)’s stock.
What is covered in the Full Insight:
- Deal terms
- Our take on the deal
- Past deal performance
- Recent performance and FY24 Forecast
- Scores on deal framework
Boomeranged on Tue, 21 May 2024 04:39
Books will be closing today (21st May 24) and pricing will be tomorrow (22nd May 24) at the earliest. The stock has fallen by around 15% since we covered the deal.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Related Insights
More »Loading
Trending Collections
More »Loading
Trending Insights
More »Loading
Top Unpaywalled Insights
More »Loading
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Japan Post Insurance - Weakening Policies In Force and Meaningful Hits from Non-Operational Items21 May 2024
- Japan Post Bank - It's like a Closed End Mutual Fund More Than Ever17 May 2024
- Mitsui E&S - Near Record ROE as Profit Continues to Expand From Multiple Drivers16 May 2024
- Modec Placement - Deal Seems a Little Opportunistic but Not Particularly Expensive14 May 2024
x