In today’s briefing:
- StubWorld: Hanwha Corp Is “Cheap”

StubWorld: Hanwha Corp Is “Cheap”
- A double dose of StubWorld this week as Hanwha Corporation (000880 KS) comes up “cheap” on my monitor.
- Preceding my comments on Hanwha are the current setup/unwind tables for Asia-Pacific Holdcos.
- These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation >20%.
