In today’s briefing:
- Jeil Machine & Solution IPO Preview
- EQD | KOSPI 200 WEEKLY Bottom May Be Behind the Corner
Jeil Machine & Solution IPO Preview
- Jeil Machine & Solution is getting ready for an IPO in April in the Korean stock market. The IPO price range is 15,000 won to 18,000 won.
- The total offering amount ranges from 36 billion won to 43.2 billion won. The book building for the institutional investors will last from 5 to 12 April.
- According to the bankers’ assessment, the implied market cap of the company ranges from 309 billion won to 371 billion won.
EQD | KOSPI 200 WEEKLY Bottom May Be Behind the Corner
- The KOSPI 200 INDEX is falling for the second week in a row, but the pullback is modest so far.
- This pullback is probably just another occasion to buy at better prices, however some more pullback may be in store between here and the end of the week.
- The support area where we think a LONG trade has good probability of success based on our models is between 356 and 350.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
