China Feihe IPO Valuation: Reasonable Compared to Peers but Cheap Compared to Market Deal Multiples
In our previous two insights on China Feihe’s IPO, we mainly focused on the industry, the company’s business model and its financials. This...
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China Feihe IPO: Valuation Is Good for You
China Feihe (FEIHE HK) is the leading player in the China IMF (infant milk formula) market as measured by retail sales value in 2018, according to...
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Mengniu (2319): Short Term Uncertainty
China Mengniu Dairy Co (2319 HK)submitted a bid to buy Bellamy's Australia (BAL AU) to increase its participation in the infant milk formula market...
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Axelum Resources IPO Initiation: Making a Meal of It
Axelum Resources (1729371D PM) is a leading coconut product manufacturer. Axelum aims to raise up to PHP7.7 billion ($147 million) through a...
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Nestlé India (NEST IN) | Channel Checks Suggest Outperformance May Continue
Over the past three years, Nestle India has outperformed the broader index Nifty 50 by ~59%. As revealed by our interaction with a Nestle...
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