Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Samsung’s Pref-Skewed Burn in Latest Filing & Impact on Discount Dynamics

Parsing the Underlying Implications of Samsung’s Shareholder Return Comments at Today’s AGM

Samsung Just Dropped Its Value-Up Filing: Key Highlights and This Year’s DPS Estimate

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

Samsung Electronics Pref Shares / Event-Driven

Samsung Electronics Pref Shares (005935 KS)

<ul>
<li>For 2026, companies can file a simplified Value-Up disclosure, but must at least include explicit ROE and payout ratio targets to signal capital return metrics.</li>
<li>Samsung’s March 19 filing, full or simplified, must include this year’s payout ratio, giving the market a clear dividend policy signal.</li>
<li>Samsung’s March 19 filing will confirm payout and ROE targets, letting the market estimate net income and DPS, potentially triggering a key pivot to tighten the wide 1P discount.</li>
</ul>


For 2026, companies can file a simplified Value-Up disclosure, but must at least include explicit ROE and payout ratio targets to signal capital return metrics.
Samsung’s March 19 filing, full or simplified, must include this year’s payout ratio, giving the market a clear dividend policy signal.
Samsung’s March 19 filing will confirm payout and ROE targets, letting the market estimate net income and DPS, potentially triggering a key pivot to tighten the wide 1P discount.


Clearing up the Confusion Around Samsung’s March 19 Deadline for Submitting the Value-Up Disclosure