Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Kia Corp - Time to Catch Up to Hyundai Motor Amid Boston Dynamic's Roll-Out of Atlas Robots

Strong Demand for Mirae Asset TIGER Korea Humanoid Robot Industry ETF

KOSDAQ's 7% Rise Today - A Fake Reversal or Sustainable by a Potential 17 Trillion Won Inflow?

Boston Dynamics' Next-Gen Atlas Robot Boosts Higher Valuation for Hyundai Motor Group Companies

Hyundai Glovis: Cumulative Voting System Could Improve Corporate Governance of Hyundai Motor Group

Gap Trades in Korean Prefs Vs Common Share Pairs in 3Q 2024

Boston Dynamics - Rights Offering of 1.2 Trillion Won Expected; Potential IPO in 2027/2028 in NASDAQ

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>In this insight, we argue how the gap between Hyundai Motor (005380 KS) (common) and Hyundai Motor (005385 KS) (preferred) shares has widened too much.</li>
<li>It is time for Hyundai Motor (005385 KS) (preferred) shares to catch up to its common shares. Price ratio of preferred/common shares has exceeded 2 standard deviations (3 months). </li>
<li>The biggest driver of higher share price performance of Hyundai Motor in the past three months has been the tremendous positive sentiment from the Atlas robots made by Boston Dynamics.</li>
</ul>


In this insight, we argue how the gap between Hyundai Motor (005380 KS) (common) and Hyundai Motor (005385 KS) (preferred) shares has widened too much.
It is time for Hyundai Motor (005385 KS) (preferred) shares to catch up to its common shares. Price ratio of preferred/common shares has exceeded 2 standard deviations (3 months). 
The biggest driver of higher share price performance of Hyundai Motor in the past three months has been the tremendous positive sentiment from the Atlas robots made by Boston Dynamics.


Hyundai Motor Preferred - Time to Catch Up to Common Shares