bullish
Douzone Bizon: Deeply Oversold, Ready for a Turnaround
387 Views06 Jun 2023 06:09
SUMMARY
- We believe shares of Douzone Bizon are deeply oversold and ready for a turnaround.
- The company is increasingly buying back shares. Treasury shares as a percentage of total outstanding shares increased from 0% at end of 2021 to 9.3% at end of 1Q 2023.
- Korean government's plans to boost the domestic software industry by spending more than 560 billion won in the software industry is also likely to positively benefit the company this year.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Douzone Bizon: To Become the Fourth Internet Bank in Korea?05 Apr 2024
- Douzone Bizon: A Strong Turnaround Story in the Korean Software Industry14 Feb 2024
- Douzone Bizon: Cooperating with Amazon Web Services to Enter the Global SaaS Market18 Oct 2023
- Douzone Bizon: Deeply Oversold, Ready for a Turnaround06 Jun 2023
- Alpha Generation Through Share Buybacks in Korea: December 202215 Dec 2022
- Duzonbizon - Time to Take Profits; Company Buying a Big Building Destroying Value13 Aug 2019
- Duzonbizon: Capitalizing on the Growth of Cloud Based CRM Software in Korea01 Jan 2019
x