Sumco – We Would Take Profit
We had previously suggested that Sumco’s offering looked reasonably attractive but that call was largely based on the name looking oversold so...
459 Views
ECM Weekly (17th October 2021) - SG Lottery, GQG, Judo Bank, Vulcan Steel, Biocytogen, Kakao Pay
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
620 Views
PHC Holdings IPO Trading - Needs to Start Acting like One Company to Move Higher
PHC Holdings and its shareholders raised around US$645m, via selling a mix of primary and secondary shares in its Japan IPO. In this note, we will...
513 Views
Sumco Placement Quick Update - A Slightly Wider Discount than 2015
The follow-on offering was priced at JPY2,097 per share, a 3% discount to the today's (12th October) close price and 6.8% discount to the...
418 Views
Sumco – Overcapacity Risks but Oversold
Sumco’s capacity expansion plans are a worrying sign that tech could be close to rolling over but the stock looks oversold making a placement...
645 Views