In today’s briefing:
- The Backdrop Behind Today’s Pivot in Samsung’s Playbook
- A Potential Family Feud At Dongjin Semichem Post Death of Founder Lee?
- DN Solutions IPO: Index Inclusion Timing Depends on Lock-Up Expiry Schedule
- DN Solutions IPO: OC’s Out, but the Hit-And-Run Setup Post-Listing Is Still in Play
- Kospi Index Options Weekly (Mar 10 – 14): Relative Strength and Volatility Trends in Focus
The Backdrop Behind Today’s Pivot in Samsung’s Playbook
- Jay Lee flipping the switch signals Samsung’s pivot—no more playing defense, no more legal jitters. Market’s reading this as full send on the next phase.
- Near-Term, Samsung’s pushing hard—NVIDIA’s HBM qual tests are in focus. With NVIDIA’s event this week, traders are watching for bullish signals after earlier cautious moves.
- The real juice? Samsung might drop a bold value-up play and a no-nonsense shareholder message. The prime launchpad: AGM day, this Wednesday, 19th, 9 AM.
A Potential Family Feud At Dongjin Semichem Post Death of Founder Lee?
- After the death of Dongjin Semichem’s founder Lee on 25 February, the company has yet to reveal the details of the succession plan.
- There is a potential for a family feud between the two sons of founder Lee if indeed there was no will directing the late chairman Lee’s ownership of Dongjin Holdings.
- A potential family feud for the control of Dongjin Semichem could lead to a grab for shares by both the family members as well as the general investors.
DN Solutions IPO: Index Inclusion Timing Depends on Lock-Up Expiry Schedule
- DN Solutions (298440 KS) is looking to raise up to KRW 1,573bn (US$1.08bn), valuing the company at KRW 5.66 trillion (US$3.9bn) at the top end of the IPO price range.
- The highest probability of DN Solutions being added to the KOSPI200 Index is at the June 2026 rebalance. The stock needs to move 60% higher to be added in December 2025.
- Inclusion in global indices could commence in August/November and will depend on institutional investor lock-up schedules. Flows are small unless the stock moves higher and is included in bigger indices.
DN Solutions IPO: OC’s Out, but the Hit-And-Run Setup Post-Listing Is Still in Play
- Wild card here is the FSS—they’re eyeing a shadow listing risk for DN Automotive (007340 KS). If they push for a revision, a 2-week delay busts the 135-day limit.
- 14x PE looks cheap, but comps are shaky—LS Electric’s AI play, Fanuc’s scale advantage, and DMG MORI’s automation pivot all make direct comparisons a stretch.
- DN Solutions is a pure-play machine tool name, making comps shaky. This IPO’s shaping up like an LG CNS rerun—solid numbers, fair valuation, but a weak growth story.
Kospi Index Options Weekly (Mar 10 – 14): Relative Strength and Volatility Trends in Focus
- Kospi’s price action was concentrated in just two days, with the rest of the week marked by quiet trading.
- We examine Kospi’s performance relative to SPX within the broader global index landscape. .
- A word of caution on long volatility positions as current implied vol levels come into focus.
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