bullish

Doosan Enerbility: Thoughts on the IPO of Doosan Skoda Power

703 Views27 Jan 2025 19:24
Doosan Skoda Power is getting ready to complete an IPO on the Prague Stock Exchange. The IPO is aiming to gather up to 2.53 billion crowns, or about US$105.5 million.
What is covered in the Full Insight:
  • Introduction to Doosan Skoda Power's IPO
  • Company Overview and Background
  • Financial Performance Analysis
  • Impact of Domestic Politics on Doosan Enerbility
  • Conclusion and Future Outlook
Boomeranged on Tue, 19 Aug 2025 20:05
According to Seoul Economic Daily, KHNP and KEPCO agreed to issue a letter of credit (a sort of "blank check" of $400 million to Westinghouse) per unit for each export of a Korean-style nuclear power plant overseas. We estimate this is a high probability event (80%+) and it is likely to have a big negative impact on Doosan Enerbility and other Korean nuclear stocks. See notes for further details.
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