Big Ship Shopping
Which companies are most likely to order more mega-ships, and should they?One of the questions we get asked most often is whether other carriers...
401 Views
LG CNS IPO: The Bear Case
The bear case rests on fading growth momentum, mid-tier revenue growth, weak non-AI growth, high contract assets, bottom-tier FCF margin and large...
1k Views
LG CNS IPO: The Bull Case
The bull case rests on an attractive market, improving visibility, strong AI-led growth, below-peer average dependence on related parties, and top...
773 Views
HDC-OP Rights Offer: Allocation, Schedule, Pricing, & Dynamics
As highly anticipated, HDC-OP announced a mega-size rights offer. The target value is ₩407bil for 22M new shares, which represent a 50% capital...
723 Views
HDC-OP's Asiana Takeover Deal: Structure & Forthcoming Issues
The HDC-OP and Mirae Asset consortium completed the Asiana Airlines takeover. Here are the details of the deal structure. HDC-OP takes 55M shares...
836 Views