Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Event-Driven

IKang Healthcare Group (ADR) / Event-Driven

<p><a href="https://www.smartkarma.com/entities/741" target="_blank" data-smartkarma-citation="entities:741:1">iKang Healthcare Group (ADR) (KANG US)</a> 's December quarter results provide updated benchmarks for evaluating Yunfeng and Alibaba's US$20/ADS offer for the company. Management did not speak to the offer on their conference call and brushed away several related questions from investors. We think that a fair offer is at least US$24/ADS given the earnings recovery and the potential for "exchange arbitrage" in some form. Unfortunately, management is the biggest obstacle to obtaining a higher offer. </p><p>We have tagged this Insight as positive because we think a deal is likely to go through.</p>

iKang Healthcare Group (ADR) (KANG US) 's December quarter results provide updated benchmarks for evaluating Yunfeng and Alibaba's US$20/ADS offer for the company. Management did not speak to the offer on their conference call and brushed away several related questions from investors. We think that a fair offer is at least US$24/ADS given the earnings recovery and the potential for "exchange arbitrage" in some form. Unfortunately, management is the biggest obstacle to obtaining a higher offer. We have tagged this Insight as positive because we think a deal is likely to go through.

IKang: Endgame Approaching, But Fair Price Is Distant

China

360 Security Technology Inc. offers technology services. The Company mainly researches and develops internet security technology and products. 360 Security Technology provides services in China.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

360 Security Technology Inc. (601360 CH)

IKang: Endgame Approaching, But Fair Price Is Distant

iKang Healthcare Group (ADR) (KANG US) 's December quarter results provide updated benchmarks for evaluating Yunfeng and Alibaba's US$20/ADS offer...

Kemp Dolliver, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)