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

DHICO (Doosan Heavy) Rights Offer: Conditions & Timetable

Nexon M&A: Amazon & Comcast Enter the Race - It Ain't Over Till Its Over!

Thematic (Sector/Industry)

The top 10 events impacting the Korean stock market, economy, &amp; politics in February were as follows:<ul>
<li>Amazon and Comcast have submitted initial bids to acquire <a href="https://www.smartkarma.com/entities/16032" target="_blank" data-smartkarma-citation="entities:16032:1">Nexon Co Ltd (3659 JP)</a>/NXC Corp</li>
<li>HOMEPLUS REIT IPO (the biggest ever REIT IPO in Korea)</li>
<li>CONTINUED CONCERNS ON SEMICONDUCTOR SECTOR</li>
<li>ECOPRO BM IPO 
</li>
<li>WAR AGAINST HUAWEI </li>
<li>CONSOLIDATION OF THE KOREAN SHIPBUILDING SECTOR</li>
<li>CLOSING OUT THE BGF CO/BGF RETAIL PAIR TRADE</li>
<li>DOOSAN HEAVY INDUSTRIES &amp; DOOSAN E&amp;C RIGHTS OFFERINGS</li>
<li>CONSOLIDATION OF KOREAN CABLE TV INDUSTRY</li>
<li>SOLAR STOCKS - POSITIVE BOOST FROM HIGHER CHINESE SUBSIDIES </li>
</ul><hr>The top three reports we wrote in February related to the Korean market were as follows (in terms of views &amp; appreciates): <ul>
<li><a href="https://www.smartkarma.com/insights/nexon-m-a-amazon-comcast-enter-the-race-it-ain-t-over-till-its-over" target="_blank" data-smartkarma-citation="insights:28283">Nexon M&amp;A: Amazon &amp; Comcast Enter the Race - It Ain't Over Till Its Over!</a></li>
<li><a href="https://www.smartkarma.com/insights/homeplus-reit-ipo-the-largest-ever-reit-ipo-in-korea" target="_blank" data-smartkarma-citation="insights:27838">Homeplus REIT IPO - The Largest Ever REIT IPO in Korea</a></li>
<li><a href="https://www.smartkarma.com/insights/a-war-between-netflix-disney-for-studio-dragon" target="_blank" data-smartkarma-citation="insights:27802">A War Between Netflix &amp; Disney = $$$ for Studio Dragon</a></li>
</ul>Our model portfolio was up 2.4% in February (cash is 35% of model portfolio), outperforming KOSPI which was down 0.4% in February. Our model portfolio is equal-weighted at the beginning of each month. The top performing stocks in our model portfolio in February included <a href="https://www.smartkarma.com/entities/15983" target="_blank" data-smartkarma-citation="entities:15983:1">F&amp;F Co Ltd (007700 KS)</a>, <a href="https://www.smartkarma.com/entities/22839" target="_blank" data-smartkarma-citation="entities:22839:1">Netmarble Games (251270 KS)</a>, and LG Chem Pref.

The top 10 events impacting the Korean stock market, economy, &amp; politics in February were as follows:
Amazon and Comcast have submitted initial bids to acquire Nexon Co Ltd (3659 JP)/NXC Corp
HOMEPLUS REIT IPO (the biggest ever REIT IPO in Korea)
CONTINUED CONCERNS ON SEMICONDUCTOR SECTOR
ECOPRO BM IPO 

WAR AGAINST HUAWEI 
CONSOLIDATION OF THE KOREAN SHIPBUILDING SECTOR
CLOSING OUT THE BGF CO/BGF RETAIL PAIR TRADE
DOOSAN HEAVY INDUSTRIES &amp; DOOSAN E&amp;C RIGHTS OFFERINGS
CONSOLIDATION OF KOREAN CABLE TV INDUSTRY
SOLAR STOCKS - POSITIVE BOOST FROM HIGHER CHINESE SUBSIDIES 
The top three reports we wrote in February related to the Korean market were as follows (in terms of views &amp; appreciates): 
Nexon M&amp;A: Amazon &amp; Comcast Enter the Race - It Ain't Over Till Its Over!
Homeplus REIT IPO - The Largest Ever REIT IPO in Korea
A War Between Netflix &amp; Disney = $$$ for Studio Dragon
Our model portfolio was up 2.4% in February (cash is 35% of model portfolio), outperforming KOSPI which was down 0.4% in February. Our model portfolio is equal-weighted at the beginning of each month. The top performing stocks in our model portfolio in February included F&amp;F Co Ltd (007700 KS), Netmarble Games (251270 KS), and LG Chem Pref. 

HD Korea Shipbuilding & Offshore Engineering (009540 KS)

HD Korea Shipbuilding & Offshore Engineering

Doosan Engineering & Construction (011160 KS)

Korea Stock Market Monthly Recap #33 (February 2019)