bearish
Seoul Guarantee Insurance Pre-IPO Thoughts on Valuation - Needs a Discount to Its Larger Peers
855 Views28 Sep 2023 11:42
Seoul Guarantee Insurance (031210 KS) is looking to raise around US$270m in its Korean IPO. In this note, we discuss our thoughts on valuation.
Boomeranged on Fri, 13 Oct 2023 11:13
SGI has opened the books for its US$268m IPO. Bookbuild is expected to run till 19th October with pricing slated for 23rd October.
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, 7-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- ECM Weekly (15th Oct 2023) - Kokusai, J&T, Ecopro, Thai Credit, Lalatech, Barito, Rakuten, Zomato15 Oct 2023
- ECM Weekly (8th Oct 2023) - Kokusai, J&T Global, Doosan, Cainiao, Ecopro, UBox, JSW Infra, Seibu08 Oct 2023
- ECM Weekly (1st Oct 2023) - Cainiao, J&T, Kokusai, Seoul Guarantee, Ecopro, Leapmotor, Bajaj Finance01 Oct 2023
- Seoul Guarantee Insurance Pre-IPO Peer Comparison - While ROE Lagged, Has Been Overcapitalised25 Sep 2023
- Seoul Guarantee Insurance Pre-IPO - The Negatives - The Tide Could Be Turning. Overhang Looms20 Sep 2023
- Seoul Guarantee Insurance Pre-IPO - The Positives - Broad Coverage Across Guarantee Insurance19 Sep 2023
x