ECM Weekly (24th June 2024)-Webtoon, Guzman, Black Ses, Johor Plant, Bajaj Housing, Infratil, Mizuho
Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
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Infratil - De-Risking CDC's Breakneck Growth
CDC now makes up nearly half of IFT's total asset value. We reiterate our OUTPERFORM rating with an increased target price of NZ$13.00.
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Infratil Placement - Riding the AI Wave, but Deal Timing Seems Opportunistic
Infratil Ltd (IFT NZ) aims to raise around US$613m (NZ$1bn) via an institutional placement. In this note, we talk about the deal dynamics and run...
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Infratil - FY24 Result â A Few Things to Unpick
Over the next three years CDC could triple in capacity, with EBITDA following close behind. CDC has tripled in capacity twice already. But scale...
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Infratil - FY24 Preview â One NZ Cash & CDC Growth
Infratil (IFT) will report its FY24 result on Tuesday, 21 May. With the reiteration of its guidance in March, we see little room for major...
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