Lotte Chemical Titan IPO - Bookbuilding Results & Assessment
Lotte Chemical Titan Holding Berhad (TTNP MK) IPO's institutional price and the retail price have been fixed at RM6.5 per share for both...
497 Views
Lotte Chemical Titan IPO - Upside Remains Limited Even After Price Revision
The lower end of the price range of the Lotte Chemical Titan Holding Berhad (TTNP MK) IPO has been lowered from MYR 7.60 to MYR 6.50 while the...
518 Views
Smartkarma: ECM Coverage Weekly Update (24 June 2017)
The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs. It has been another...
324 Views
Lotte Chemical Titan IPO - Valuation up 5x in 6 Years Since Privatisation
Lotte Chemical Titan Holding Berhad (TTNP MK) is raising USD1,407–1,481m in its upcoming IPO. Proceeds will be used to fund the construction of the...
737 Views
Lotte Chemical Titan IPO - More Valuation Debate
My estimate for Titan's FY17 EBITDA is ₩600bil and I'd give 8x EBITDA multiple. So, I get ₩4.8tril price tag for Titan, which is slightly lower...
467 Views