JX Advance Metals Pre-IPO - Thoughts on Valuation
JX Advanced Metals (5016 JP)’s parent, ENEOS Holdings (5020 JP), is looking to raise around US$2.6bn in its Japan IPO. In this note, we talk about...
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Vanguard (5347.TT): In 1Q25, Both Sales and GM Will Increase. The Current Inventory Is Healthy.
In 1Q25, Both Sales and GM Will Increase. GM projected to increase 1.3% QoQ. Worldwide inventory healthy. VSMC construction on track, sampling in...
455 Views
JX Advance Metals Pre-IPO - Peer Comparison or Lack Thereof
JX Advanced Metals (5016 JP)’s parent, ENEOS Holdings (5020 JP), is looking to raise around US$2.6bn via selling some of its stake. In this note,...
455 Views
Taiwan Dual-Listings Monitor: TSMC Spread Falls From Elevated Level; UMC & ASE Discount Opportunity
We analyze the premium and discount levels of dual-listed Taiwan companies, suggesting potential spread trading levels based on historical trends.
639 Views
Taiwan Dual-Listings Monitor: TSMC Premium Eases Down; Massive Change in UMC Headroom
We analyze the premium and discount levels of dual-listed Taiwan companies, suggesting potential spread trading levels based on historical trends.
581 Views