Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Pop Mart was listed in Dec 2020 when it raised around US$674m, by selling 9.8% stake. In this note, we'll talk about the upcoming lock-up expiry. While the company didn’t have cornerstone investors in the deal, it did have a whole lot of pre-IPO investors. The lock-up on these pre-IPO investors, who own over 40% of the company will expire over the next few days. We covered the IPO across a series of note, links to which are below: Pop Mart Pre-IPO - Earnings growth has been stellar, but is it...
Pop Mart aims to raise up to US$674m in its Hong Kong IPO. Pop Mart (PM) is the largest and fastest growing pop toy company in China, in terms of 2019 revenue and revenue CAGR over 2017-19. PM had a 8.5% market share by retail value, making it the largest player in the pop toy retailing market, as per Frost & Sullivan. Earnings growth has been stupendous, to say the least, as revenue has increased by a factor of 10.6x over 2017-19, while PAT increased by 281x. Revenue growth has been driven by...
Pop Mart plans to raise around US$200-300m in its Hong Kong IPO. Pop Mart (PM) is the largest and fastest growing pop toy company in China, in terms of 2019 revenue and revenue CAGR over 2017-19. PM had a 8.5% market share by retail value, making it the largest player in the pop toy retailing market, as per Frost & Sullivan. Earnings growth has been stupendous, to say the least, as revenue has increased by a factor of 10.6x over 2017-19, while PAT increased by 281x. Revenue growth has been dri...
Pop Mart plans to raise around US$200-300m in its Hong Kong IPO. Pop Mart (PM) is the largest and fastest growing pop toy company in China, in terms of 2019 revenue and revenue CAGR over 2017-19. PM had a 8.5% market share by retail value, making it the largest player in the pop toy retailing market, as per Frost & Sullivan. Earnings growth has been stupendous, to say the least, as revenue has increased by a factor of 10.6x over 2017-19, while PAT increased by 281x. Revenue growth has been dri...
Pop Mart plans to raise around US$200-300m in its Hong Kong IPO. Pop Mart (PM) is the largest and fastest growing pop toy company in China, in terms of 2019 revenue and revenue CAGR over 2017-19. PM had a 8.5% market share by retail value, making it the largest player in the pop toy retailing market, as per Frost & Sullivan. Earnings growth has been stupendous, to say the least, as revenue has increased by a factor of 10.6x over 2017-19, while PAT increased by 281x. Revenue growth has been dri...
Pop Mart plans to raise around US$200-300m in its Hong Kong IPO Pop Mart (PM) is the largest and fastest growing pop toy company in China, in terms of 2019 revenue and revenue CAGR over 2017-19. PM had a 8.5% market share by retail value, making it the largest player in the pop toy retailing market, as per Frost & Sullivan. Earnings growth has been stupendous, to say the least, as revenue has increased by a factor of 10.6x over 2017-19, while PAT increased by 281x. Revenue growth has been driv...
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