Kakao Games: Further Downside Risk as IPO of Lionheart Studio Likely in 1H 2023
We would argue that Kakao Games' earnings estimates are overly aggressive and there is a strong likelihood of 30%+ earnings downgrade for Kakao...
304 Views
Netmarble Debt Risk Victim: HYBE or NCsoft or Both?
This post details Netmarble's stock loan rollover for the SpinX acquisition and how this poses a margin call risk for HYBE and NCsoft.
476 Views
Shorting Angle on Kakao Corp in the Wake of an Unprecedented Server Failure Incident
This post summarizes Kakao's unprecedented server failure incident and examines the leading investment point based on the imminent regulatory risks.
346 Views
ECM Weekly (16th Oct 2022) - Socionext, Betagro, Lionheart, Five-Star, Giant Biogene, GLP J-REIT
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
418 Views
Lionheart Studio IPO: Still Same Inflated Valuation
This post details the terms of Lionheart Studio IPO and investigates the critical valuation issues, which resemble the inflated valuation...
340 Views