Hanjin Kal Stub Trade: Activist Factor Led to a Huge Price Distortion, Short Holdco
Hanjin Kal shares have enjoyed an activist push. The shares were up 24.8% since Nov 9. We are now seeing a huge price distortion. Hanjin...
673 Views
KCGI Goes Activist on Hanjin Kal Corp & Our NAV Analysis of Hanjin Kal
A local private equity firm called KCGI started going "activist" on Hanjin Kal Corp (180640 KS) on November 15th. It was announced that Grace...
879 Views
T'Way Air IPO: Bookbuilding Results Analysis & Post IPO Preview
Tway Air Co Ltd (0633383D KS) IPO price was set at ₩12,000. Surely, this is very disappointing as the IPO price is even substantially lower than...
621 Views
Regional Dynamics of Air Pohang, Air Philip, & Air Busan on the Korean LCC Industry
This report is about the regional dynamics of the LCC (low-cost carrier) market in Korea, in particular the impact of Air Pohang, Air Philip, and...
699 Views
T’way Airlines IPO Preview (Part 3): Valuation Analysis
In this report, we provide a valuation analysis of the Tway Air Co Ltd (0633383D KS) IPO, which starts its institutional investors bookbuilding on...
558 Views