The Week That Was in ASEAN@Smartkarma - Online Groceries, BCA's Consumers, and Astra's Recovery

Del Monte Pacific (DELM SP): Cook-From-Home and Multiple Subsidiary IPO's to Unlock Large Upside?

Del Monte Philippines Pre-IPO - Peers, Assumptions, Valuations and Deal Dynamics

Del Monte Pacific HoldCo Trade - Potential 50% Upside from DMPI IPO

Del Monte Philippines Pre-IPO - Dominant Market Leader But There Are Issues to Be Clarified

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Event-Driven

<div><p><a href="https://www.smartkarma.com/entities/del-monte-pacific-ltd" target="_blank" data-smartkarma-citation="entities:5051:1" rel="noopener">Del Monte Pacific (DELM SP)</a> (DMPL) owns 87% of <a href="https://www.smartkarma.com/entities/del-monte-philippines-inc" target="_blank" data-smartkarma-citation="entities:26988:1" rel="noopener">Del Monte Philippines (1575316D PM)</a> (DMPI) which is looking to IPO this year. </p></div><div><p>DMPL's Consumer Foods division, Del Monte Foods (DMFL) hasn’t been doing well since DMPL acquired it in 2014. The IPO of DMPI will help to deleverage DMPL which could lead to a much needed catalyst for further re-rating. Despite DMPL’s recent share price rally, there is still still room for further now that the IPO seems well underway.</p></div><div><p>We looked at DMPI’s IPO in:</p></div><div><ul style="list-style-type: disc;">
<li dir="ltr" aria-level="1">
<a href="https://www.smartkarma.com/insights/del-monte-pacific-holdco-trade-potential-50-upside-from-dmpi-ipo" target="_blank" data-smartkarma-citation="insights:52481" rel="noopener">Del Monte Pacific HoldCo Trade - Potential 50% Upside from DMPI IPO</a> </li>
<li dir="ltr" aria-level="1">
<a href="https://www.smartkarma.com/insights/del-monte-philippines-pre-ipo-peers-assumptions-valuations-and-deal-dynamics" target="_blank" data-smartkarma-citation="insights:55099" rel="noopener">Del Monte Philippines Pre-IPO - Peers, Assumptions, Valuations and Deal Dynamics</a> </li>
<li dir="ltr" aria-level="1"><p><a href="https://www.smartkarma.com/insights/del-monte-philippines-pre-ipo-dominant-market-leader-but-there-are-issues-to-be-clarified" target="_blank" data-smartkarma-citation="insights:52422" rel="noopener">Del Monte Philippines Pre-IPO - Dominant Market Leader But There Are Issues to Be Clarified</a></p></li>
</ul></div>

Del Monte Pacific (DELM SP) (DMPL) owns 87% of Del Monte Philippines (1575316D PM) (DMPI) which is looking to IPO this year. DMPL's Consumer Foods division, Del Monte Foods (DMFL) hasn’t been doing well since DMPL acquired it in 2014. The IPO of DMPI will help to deleverage DMPL which could lead to a much needed catalyst for further re-rating. Despite DMPL’s recent share price rally, there is still still room for further now that the IPO seems well underway.We looked at DMPI’s IPO in:

Del Monte Pacific HoldCo Trade - Potential 50% Upside from DMPI IPO 

Del Monte Philippines Pre-IPO - Peers, Assumptions, Valuations and Deal Dynamics 
Del Monte Philippines Pre-IPO - Dominant Market Leader But There Are Issues to Be Clarified


Del Monte Pacific HoldCo Trade Update - A Better Play for Del Monte PH IPO