Naspers: “Double” Discount Warranted? The Search for a Catalyst Continues
Since the listing of Prosus, we have seen a “double” discount to listed NAV manifest at Naspers. I take a closer look at the top reasons for this...
626 Views
In Effort to De-List from NASDAQ, Trip.com Unlikely to Find Many Eager Buyers
On July 28, several media sources speculated that Trip.com (TCOM US) was working to de-list from NASDAQ. Rising China-US political tensions and...
395 Views
EaseMyTrip IPO: A Debt-Free Small Player In a Growing Industry But All IPO Shares Are Secondary
Established in 2008, EaseMyTrip (0896537D IN) is an online travel agency (OTA) in the Indian market. The company has filed for a $72.1m IPO with...
643 Views
Prosus IPO Part I - A Lot of Future IPO Candidates for Emerging Markets - OLX, PayU, Byju & Swiggy
Prosus (PROSUS NA) will begin trading on Euronext Amstredam on 11th Sep 2019 after being spun out of Naspers (NPN SJ). It will be a US$100bn+...
850 Views
Re-Initiating Coverage of Ctrip.com: Challenges to Resurface in 2H19
Ultimately, low monetization and high Sales and Marketing expenses will prevent Ctrip.Com International (Adr) (CTRP US) from mirroring online...
533 Views