IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Soundwill Holdings (878 HK): Hard Lessons from Another HK Arbageddon

Weekly Deals Digest (25 May) - Toyota Industries, Shibaura, ESR, Soundwill, Mayne Pharma, GMO

Joy City Property (207 HK): Privatisation Through a Low-Ball Share Buyback

Soundwill Holdings (878 HK): Foo Family’s Offer at HK$8.50

Soundwill Holdings (878 HK): Wide Spread Ahead of the 23 May Scheme Vote

Goldlion Holdings (533 HK): An Unexpected HK Arbageddon

Goldlion Holdings (533 HK): An Attractive Spread Ahead of the Vote on 9 May

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>The spread to the Foo family’s HK$8.50 offer for <a href="https://www.smartkarma.com/entities/soundwill-holdings-ltd" target="_blank" data-smartkarma-citation="entities:19318:1" rel="noopener">Soundwill Holdings (878 HK)</a> has materially increased to 15.8% over the last two trading days. The vote is on 23 May. </li>
<li>Several readers have asked if the Soundwill offer will mirror the <a href="https://www.smartkarma.com/entities/goldlion-holdings-ltd" target="_blank" data-smartkarma-citation="entities:12359:1" rel="noopener">Goldlion Holdings (533 HK)</a> deal break. The two schemes share similarities but are also different in several ways.</li>
<li>The share price action either reflects an imminent deal break or a result of a negative feedback loop. Tread carefully as this is a high-risk/high-reward situation.</li>
</ul>


The spread to the Foo family’s HK$8.50 offer for Soundwill Holdings (878 HK) has materially increased to 15.8% over the last two trading days. The vote is on 23 May. 
Several readers have asked if the Soundwill offer will mirror the Goldlion Holdings (533 HK) deal break. The two schemes share similarities but are also different in several ways.
The share price action either reflects an imminent deal break or a result of a negative feedback loop. Tread carefully as this is a high-risk/high-reward situation.


Soundwill Holdings (878 HK): An Opportunity or Another HK Arbageddon?