The SPAC market is bouncing back. There was then a six-month lull, and the SPAC Index also corrected. Singapore and Hong Kong have created a framework for SPAC issues. Both markets previously allowed for backdoor listings, but a framework for SPAC is...
Nirgunan Tiruchelvam @ Tellimer Research 28 November 2021
We have raised our target price for Altimeter Growth Corp to US$20 from US$16.50, implying 22% upside – we reiterate our Buy recommendation. We have raised the stock's target price for the following four reasons. Grab's Q3 results illustrate the dept...
Nirgunan Tiruchelvam @ Tellimer Research 15 November 2021
We reiterate our BUY recommendation on Altimeter Growth Corp (AGC US), with our unchanged target price of US$16.5 implying 6% upside after AGC US shares rose 26% on Tuesday on the Nasdaq. AGC US's short interest ratio (the number of shares held short...
Nirgunan Tiruchelvam @ Tellimer Research 10 November 2021
Altimeter Growth Corp (AGC US) is down 22% since its SPAC deal with ASEAN 'super-app' Grab was announced in April, and has underperformed the MSCI-EM in the same time period. However, we think the stock is misunderstood by the market and reiterate ou...
Nirgunan Tiruchelvam @ Tellimer Research 3 November 2021
Banks in Poland, Bangladesh and Pakistan to get the biggest profit boost as monetary policy tightens... Higher demand as Covid-19 lockdowns ease, allied to supply-chain issues, are driving up global inflation. Banks can be key beneficiaries of rising...
Tellimer Research Team @ Tellimer Research 1 November 2021
Indonesia's tech giant GoTo is mulling an IPO, according to Bloomberg. GoTo is the third player in the tech battle for super-app status in ASEAN. We expect a three-way battle for supremacy between GoTo, Grab and Sea Limited. All three companies are l...
Nirgunan Tiruchelvam @ Tellimer Research 27 October 2021
Altimeter Growth Corp operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
United States of America
Altimeter Growth Corp