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

Kakao Plans to Sell 1 Trillion Won Worth of Dunamu

Kakao Mobility - The BOD Approves An ADR Issue

Kakao Corp SoTP Valuation - Time To Go Underweight

Douglas Research Advisory

Event-Driven

<ul>
<li>On 21 August, Kakao Corp announced that its BOD approved an equity spin off involving "Kakao AI" and "Kakao X." </li>
<li>Going through the details regarding this plan, I believe this is NOT what the shareholders want. I am Negative on this equity spin-off plan</li>
<li>I am mainly Negative on this spin-off since I do not have enough confidence of Kakao AI newco's ability to significantly increase its sales and profits expected by the company. </li>
</ul>


On 21 August, Kakao Corp announced that its BOD approved an equity spin off involving "Kakao AI" and "Kakao X." 
Going through the details regarding this plan, I believe this is NOT what the shareholders want. I am Negative on this equity spin-off plan
I am mainly Negative on this spin-off since I do not have enough confidence of Kakao AI newco's ability to significantly increase its sales and profits expected by the company. 


Kakao Corp: Equity Spin-Off Plan [This Is Not What The Shareholders Want]