KEX: Demanding Valuation with No Short-Term Catalyst
We initiate coverage of KEX with a SELL rating, based on a target price of Bt43.0 derived from a DCF methodology (WACC 7.4%, terminal growth 3%)...
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CJ Logistics: Still Lacking Focus, Still Unlikely to Reach 6,000+ EPS Any Time Soon
We check in on CJ Logistics, which appears to have pivoted away from its much-hyped international expansion plan from a few years ago. What hasn't...
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How Chinese Authorities Measure the Development of the Express Sector, & Why It Matters to Investors
Understanding how Chinese authorities measure the development of China's express industry can help investors better evaluate the segment and the...
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ECM Weekly (10 January 2021) - RLX Technology, Roiserv, Yidu Tech, and Placements
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
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Aequitas 2020 IPOs and Placements Performance - IPOs in the Limelight but Placements Stole the Show
2020 marked our second year of operations as an Independent Research Company, and our fifth year covering ECM. In 2020 we had an accuracy rate of...
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