Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Star Petroleum Refining / Equity Capital Markets

Star Petroleum Refining PCL, a Thailand based refinery JV between PTT and Chevron, recently launched its&nbsp;IPO, in&nbsp;which PTT is seeking to entirely exits its stake.<ul><li>In this insight, we compare the company to its closest peers and highlight the key considerations likely to impact the deal</li><li>We also run the deal through&nbsp;our Smartkarma IPO framework, which rates it below our cut-off&nbsp;for participation</li><li>From valuation perspective, the deal however appears to offer discount to its listed peers</li><li>Question is - when PTT is cashing out, should you be in?&nbsp;</li></ul>More fold below...

Star Petroleum Refining PCL, a Thailand based refinery JV between PTT and Chevron, recently launched its&nbsp;IPO, in&nbsp;which PTT is seeking to entirely exits its stake.In this insight, we compare the company to its closest peers and highlight the key considerations likely to impact the dealWe also run the deal through&nbsp;our Smartkarma IPO framework, which rates it below our cut-off&nbsp;for participationFrom valuation perspective, the deal however appears to offer discount to its listed peersQuestion is - when PTT is cashing out, should you be in?&nbsp;More fold below...

SPRC IPO: Cash Out by PTT. Limited Growth. Should You Be In?

Thailand

PTT Public Company Limited operates as an oil and gas company. The Company produces, transports, and sells natural gas, crude oil, lubricants, aviation and marine, and petrochemical products. PTT offers fleet cards, storage, electronic bill presentment, and other related services. PTT serves customers in Thailand.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

PTT PCL (PTT TB)

SPRC IPO: Cash Out by PTT. Limited Growth. Should You Be In?

Star Petroleum Refining PCL, a Thailand based refinery JV between PTT and Chevron, recently launched its IPO, in which PTT is seeking to entirely...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)