Golfzon Commerce IPO Valuation Analysis
Our base case valuation analysis suggests a target price of 9,405 won per share, which is 25% lower than the mid-point of the IPO price range. We...
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Golfzon Commerce IPO Preview
Golfzon Commerce is getting ready to complete its IPO in Korea in October. The total offering amount is from 80.2 billion won to 99.8 billion won.
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A Win for KB Asset Management Vs. Golfzon
In a rare turn of events, it was announced today that the managements of Golfzon (215000 KS) and Golfzon Newdin Co Ltd (121440 KS) agreed to...
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KB Asset Management Goes "Activist" On Golfzon
In the past few days, KB Asset Management, which is one of the largest asset management companies in Korea, started to go "activist" onGolfzon...
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Golfzon Newdin - Consolidation of Golf Course Industry in Korea Likely to Re-Rate the Company HIgher
This is a follow-up report to our note Market Analysis of Golf Course Industry in Korea: Implications for MBK & Golfzon Newdin JV. In this...
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