Tokai Carbon Korea (TCK) - Priced for A "Near-Perfection"
In our view, Tokai Carbon Korea (064760 KS)'s valuation premium versus its peers appears reasonable but priced to "near-perfection." A key risk...
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Doosan Heavy Industries - A Massive Restructuring & Big Political Event Catalyst
On February 18th, Doosan Heavy Industries (034020 KS) announced a massive restructuring plan, one of its biggest ever in its 58 years of history....
611 Views
Korea Shorts - October Recap
The Korea Exchange (KRX) publishes outstanding short position data daily with a two day lag. The data below is of the close of 1...
473 Views
Korea Shorts Data Analysis (#1): Celltrion, Samsung Biologics, DS Infracore, HLB, & Hotel Shilla
This is our first inaugural edition of the Korea Shorts Data Analysis. We plan to make this into a regular piece. We broke down the Korean shorts...
565 Views
Hyundai Energy Solutions IPO Valuation Analysis
Our base case valuation - Jinko Solar shares are currently trading at 10.7x P/E (2018) and 6.2x P/E (2019E). If we use a 10.7x P/E for Hyundai...
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