APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

<p><em>The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs.</em></p><div><h2>Accuracy Rate:</h2></div><p>Our overall accuracy rate is <strong>76.3% for IPOs </strong>and <strong>65.2% for Placements.</strong></p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/022/700/original/Total-Deals-Since-Inception-Accuracy-Rate-Since-Inception-_chartbuilder%20%281%29.png?1489696991" class="editor-image img-responsive" data-smartkarma-image-id="22700"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/022/701/original/2017-Total-Deals-2017-Accuracy-Rate-_chartbuilder.png?1489696998" class="editor-image img-responsive" data-smartkarma-image-id="22701"></figure><h2><em>Placements:</em></h2><p><strong><br>There were no placements this week.<br></strong></p><div><h2>IPOs:<br><br>
</h2></div><p><strong>What we wrote on this week:</strong></p><p><strong><a href="https://www.smartkarma.com/insights/wilcon-depot-ipo-needs-some-home-improvement" target="_blank" data-smartkarma-citation="insights:9337">Wilcon Depot IPO - Needs Some Home Improvement</a></strong></p><ul class="ember-tether-target ember-tether-enabled ember-tether-element-attached-top ember-tether-element-attached-left ember-tether-target-attached-top ember-tether-target-attached-right">
<li>The headline CAGR numbers appear impressive and the company has a high market share. Furthermore, it will be the only pure play listed player for its sector.</li>
<li>However…</li>
</ul>

The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs.Accuracy Rate:Our overall accuracy rate is 76.3% for IPOs and 65.2% for Placements.Placements: There were no placements this week. IPOs:  
What we wrote on this week:Wilcon Depot IPO - Needs Some Home Improvement
The headline CAGR numbers appear impressive and the company has a high market share. Furthermore, it will be the only pure play listed player for its sector.
However…


Smartkarma - ECM Coverage Weekly Update (18 Mar 2017)

Asia Ex-J Consumer/ Transport analyst

Valerie Law, CFA

Cenmingtang Holding / Equity Capital Markets

<p>Cenmintang (CMT) is a snack and beverage producer with over 1000 product varieties, selling within third and fourth tier cities in china. Its product portfolio is classified into two main categories of snack foods and four main categories of beverage products. The deal size is estimated at USD 250m to USD 350m. In this insight, I provide an overview in the executive summary, and hope to answer the following questions:</p><ol><li>What has been driving its growth?</li><li>How does it manage its production and sales channels?</li><li>How did it achieve phenomenal sales growth when peers were struggling to grow?</li><li>What are the price trends of its raw materials?</li><li>What are some other risks that investors should be aware of?</li><li>What are its expansion plans and some concluding thoughts?</li></ol>

Cenmintang (CMT) is a snack and beverage producer with over 1000 product varieties, selling within third and fourth tier cities in china. Its product portfolio is classified into two main categories of snack foods and four main categories of beverage products. The deal size is estimated at USD 250m to USD 350m. In this insight, I provide an overview in the executive summary, and hope to answer the following questions:What has been driving its growth?How does it manage its production and sales channels?How did it achieve phenomenal sales growth when peers were struggling to grow?What are the price trends of its raw materials?What are some other risks that investors should be aware of?What are its expansion plans and some concluding thoughts?

Cenmintang IPO Preview: A Beverage and Snack Play Whose Growth Is Hard to Grasp

Hong Kong

Cenmingtang Holdings Limited is a snack food and beverage producer in Huber and Henan.

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Cenmingtang Holding (CEN HK)

Smartkarma - ECM Coverage Weekly Update (18 Mar 2017)

The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs.Accuracy Rate:Our...

Zhen Zhou, Toh

Cenmintang IPO Preview: A Beverage and Snack Play Whose Growth Is Hard to Grasp

Cenmintang (CMT) is a snack and beverage producer with over 1000 product varieties, selling within third and fourth tier cities in china. Its...

Valerie Law, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)