Assignment task:
1. Please analyze the strengths, weaknesses, opportunities, and threats of Panda Express versus peers.
2. Describe backdoor listing. Is IPO or backdoor listing more suitable for Panda Express?
3. Compare different listing strategies and locations.
4. Please fill in the blanks of Exhibits 8 through
5. Describe DCF and its pros and cons. Please evaluate the valuation by Panda Express management.