Goodbaby (1086 HK): Founder's Fair Offer
This is likely done. If illiquid arb are your bent, I'd buy up to HK$1.40/share, for a 6%/15% gross/annualised return, assuming a four-month off...
160 Views
Goodbaby (1086 HK): Chairman’s Light Privatisation Offer Likely to Pass
The Chairman's HK$1.50 offer is final (38.9% premium). It's light vs peers (0.38x P/B, 2.0x EV/EBITDA) but fair historically. Vote risk is low with...
184 Views
Merger Arb Mondays (12 Oct) - Skyworth, Z Fin, OFX, Ingenia/Peet, Cleanaway, Reliance, Kakaku
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
195 Views
Asia-Pac Weekly Wrap: Haitong Unitrust, Xin Yuan Enterprise, Ingenia, Vault, Cleanaway, Baudroie
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
84 Views
Merger Arb Mondays (05 Oct) - Kadoya, Kakaku, Leopalace21, Taiyo, Ingenia, Peet, OFX, Cleanaway
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
148 Views