bearish
SoCar IPO Trading - Weak Subscription Rates and Remains Overvalued
396 Views20 Aug 2022 06:56
SOCAR (403550 KS) raised around US$78m in its South Korea IPO, after the deal was priced at 28,000 KRW/share, below the bottom end of its initial IPO price range.
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, 6-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- China Internet Weekly (29Aug2022): Tencent, JD, JD Health, KE, Dada, Kanzhun29 Aug 2022
- ECM Weekly (28th Aug 2022) - China Tourism, BA REIT, Hongjiu Fruit, YH Ent, Biocyto, WM, APM, Daiwa28 Aug 2022
- ECM Weekly (21st Aug 2022) - China Tourism, SoCar, Beauty Farm, ANZ, Max, Judo, Steadfast, Cleanaway21 Aug 2022
- SoCar IPO - Refiling Updates - Latest Earnings Do Not Change Investment Thesis18 Jul 2022
- SoCar IPO - Highly Competitive Market Coupled with Steep Valuations12 Jul 2022
x