The Astrea VI “Class A-1” retail bond looks very attractive to us. We cover: Astrea vs. Corporate Bonds, IPO schedule, and Astrea’s linkage to Temasek.
At its current share price, we do not think that Nanofilm is a compelling investment. Lofty valuations and customer concentration risk are our main worries.
We looked at what the implied Price-to-Earnings would be if SIA’s profits reverted back to Pre-Covid levels, while making adjustments for the rights issue.