Kakao Bank IPO Preview
Kakao Bank is offering 65.45 million shares in the IPO at the IPO price of 33,000 won to 39,000 won per share. The expected market cap range would...
615 Views
Mercado Libre (MELI US): Share Momentum Driven by Fundamentals, but Exposed to Stretched Valuations
Mercado Libre is a beneficiary of the pandemic-driven shift to e-commerce and e-payments, but its valuation is stretched, EPS revisions are fading...
348 Views
Ant Group (6688 HK): IPO Pricing Warrants a Re-Rating
Ant Group's share price at IPO is above the original expected range; still, we expect solid share re-rating potential given its growth prospects...
1.2k Views
Cielo (CIEL3 BZ) & Facebook (FB US), Did They Jump the Gun?: WhatsApp Payments Suspended in Brazil
A week after the announcement that Facebook Inc A (FB US) owned WhatsApp launched its payments app in Brazil, the Brazil Central Bank (BCB) has...
477 Views
Square: Cash Rules Everything Around Me
This note is a follow up to our deep dive on Square from earlier in the month. The quarter’s results were strongly supportive of our long thesis,...
416 Views