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

Short LG Corp on the Unsustainable Price Spike

LG Corp: A Family Feud! (Mother & Sisters Sue Their Chairman Son) Enter the Private Equity Dragons?

An Increasing Probability of LG Corp Preferred Shares Cancellation

LG Corp: Updated SoTP Valuation & Key Catalyst of LG CNS IPO

LG Corp: SoTP Valuation Analysis Update + Four Key Catalysts

Event-Driven

<ul>
<li>LG Corp announced a share buyback worth 500 billion won, representing 4.3% of market cap. This is the company's first major buyback in 22 years.</li>
<li>LG Corp will also remove the "limit" on dividend income, in order to secure the flexibility of the dividend income such as when one of its affiliated stakes are sold.</li>
<li>A sizeable buyback, improved dividend policy, and a significant discount to its NAV are likely to lead to continued outperformance of LG Corp relative to KOSPI. </li>
</ul>


LG Corp announced a share buyback worth 500 billion won, representing 4.3% of market cap. This is the company's first major buyback in 22 years.
LG Corp will also remove the "limit" on dividend income, in order to secure the flexibility of the dividend income such as when one of its affiliated stakes are sold.
A sizeable buyback, improved dividend policy, and a significant discount to its NAV are likely to lead to continued outperformance of LG Corp relative to KOSPI. 


LG Corp: First Major Buyback in 22 Years + Improvement in Dividend Policy