Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

NPS Plans to Select Three Asset Management Companies For "Corporate Value Up" Program

The Launch of 1st Corporate Value Up ETF on 27 February - Focus on Low PBR and Cash Flow

FSC Announces Corporate Value Up Reforms Details

Timing of Double Dividends Opportunities in Korea

Korean Government to Announce Specific Measures to Increase Value of Low PBR Stocks in February

44% of Korean Stocks Are Trading Below Book Value - FSC Wants to Improve This (Following Japan)

Tracking Dividend Record Dates: Hyundai Motor Leads, Best Monitoring Channel Revealed

Cross Asset Strategy

<ul>
<li>There are 92 stocks in KOSPI 200 that are trading at less than 1x PBR. These 92 stocks are up on average 6% YTD. </li>
<li>Among these 92 stocks, 40 of them are trading at below 0.5x PBR. These 40 stocks are up on average 8.2%. </li>
<li>In this insight, we argue that the <em><strong>"easy money"</strong></em> of making money by increasing capital allocation to low PBR stocks in Korea is nearly over in the near term. </li>
</ul>


There are 92 stocks in KOSPI 200 that are trading at less than 1x PBR. These 92 stocks are up on average 6% YTD. 
Among these 92 stocks, 40 of them are trading at below 0.5x PBR. These 40 stocks are up on average 8.2%. 
In this insight, we argue that the "easy money" of making money by increasing capital allocation to low PBR stocks in Korea is nearly over in the near term. 


Easy Money to Low PBR Stocks in KOSPI 200 Is Now Over - What's Next?