In today’s briefing:
- NCsoft: A Strong Turnaround Play in Korean Game Sector
- Weekly Wrap – 20 May 2022
NCsoft: A Strong Turnaround Play in Korean Game Sector
- Amid recent market carnage, one of the strong turnaround stocks in Korea is NCSOFT Corp (036570 KS) which is down 54% from its highs in February 2021.
- Three major reasons why NCsoft’s share price will turnaround include attractive valuations, better control of labor costs, and strong pipeline of new games.
- Short sale value/market cap ratio for NCsoft has declined materially in the past several weeks, reflecting increased optimism in the company’s future prospects.
Weekly Wrap – 20 May 2022
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
- China Jinmao Holdings
- Guangzhou R&F Properties
- Sunac China Holdings
- Greenland Hong Kong Holdings
- Evergrande
and more…
Before it’s here, it’s on Smartkarma