Alibaba Initiation - Tactical Use Whilst We Wait - Inteqres Practical Views
We kick off our GEM and Asia large-cap initiations with Alibaba. We see Alibaba as having a strong underlying demand from investors - for both...
691 Views
PropertyGuru IPO Valuation: Guru at Frothy Valuations
PropertyGuru (PGU AH) is an online property classifieds marketplace with presence in five countries across South East Asia – Singapore, Vietnam,...
1.2k Views
Giftee Inc IPO Valuation: Short-Medium Term Success Story with No Moat to Withstand Competition
Giftee Inc set its preliminary IPO price range at ¥1,300-1,500 range on 30th August 2019. The price range implies an EV range of ¥29.9-34.7bn,...
764 Views
Giftee Inc: Short-Medium Term Success Story but No Clear Moat to Withstand Competition – Part 1
Giftee Inc. is the leader in Japanese e-gifting market with about 1.25m registered members. The company was founded in 2010 and is based out of...
683 Views
The RealReal IPO: Really Really Attractive???
RealReal Inc (REAL US) is a luxury goods "recommerce" name based in the US that plans to raise about $328m (assuming full exercise of greenshoe...
738 Views