Supplier Goes Bust Due to Working Capital Issues -Â An Eery Read-Across for Bestway Global (3358 HK)
Summary: Palmer and Harvey (P&H), the largest supplier of tobacco products to retailers such as Tesco, has gone bust. The read-across...
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Smartkarma: ECM Coverage Weekly Update (18 November 2017)
The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs. It has been a rather...
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A Disturbing Cash Profile Post IPO
Post its weak IPO, we believe Bestway Global Holding Inc (3358 HK) could run out of cash by as early as January 2018. Bestway, a leading seller of...
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Bestway Global IPO - Some Doubts Including Inflated Margins
Bestway Global Holding Inc (3358 HK) plans to raise up to US$197m in its IPO to fund its future expansion plans.As per Frost & Sullivan, the...
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