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

GS Holdings SoTP Valuation Analysis & Three Key Catalysts

Korean Stocks With High Net Cash/Market Cap Ratios: Deep Value Stocks in Times of Market Disruption

Korea Small Cap Gem #13: Daehan Flour Mills

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/samyang-tongsang-co-ltd" target="_blank" data-smartkarma-citation="entities:19909:1" rel="noopener">Samyang Tongsang (002170 KS)</a> is the 14th company in our Korea Small Cap Gems series.</li>
<li>Samyang Tongsang's net cash/market cap ratio is 124%, one of the highest among Korea companies with more than 100 billion won in market cap. </li>
<li>Chairman Huh (age 84) still has a 20% stake in the company. There could be material changes to corporate governance if the ownership structure changes in a few years.</li>
</ul>



Samyang Tongsang (002170 KS) is the 14th company in our Korea Small Cap Gems series.
Samyang Tongsang's net cash/market cap ratio is 124%, one of the highest among Korea companies with more than 100 billion won in market cap. 
Chairman Huh (age 84) still has a 20% stake in the company. There could be material changes to corporate governance if the ownership structure changes in a few years.


Korea Small Cap Gem #14: Samyang Tongsang