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

Kangwon Land: Regulatory Improvements to Result in Higher Earnings and Valuation Multiples Expansion

Alpha Generation Through Share Buybacks in Korea: Bi-Monthly (September and October 2024)

Chinese Government Announces a No-Visa Policy for South Korean Citizens Entering China

Mohegan Gaming's Inspire Resort to Launch the First Foreigners Only Casino in Korea in 19 Years

A Crackdown on the Macau Casinos Is a Boon on the Korean Casinos

Three Major Reasons Why Korean Casinos Are Likely to Outperform the Market This Year

Hoban Construction Acquires a 17.4% Stake in HanjinKal

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Event-Driven

Lotte Tour Development Co, Ltd. / Event-Driven

Lotte Tour Development Co, Ltd. (032350 KS)

<ul>
<li>Lotte Tour Development announced that it will conduct a major asset revaluation which could positively impact its share price. </li>
<li>The company's assets will increase to 2.39 trillion won and equity will increase to 569.3 billion won (up more than 8x) at end of 1Q 2024 due to asset revaluation.</li>
<li>As a result of the asset revaluation, the company's balance sheet will improve significantly and this likely result in many investors taking another look at the company for potential investments. </li>
</ul>


Lotte Tour Development announced that it will conduct a major asset revaluation which could positively impact its share price. 
The company's assets will increase to 2.39 trillion won and equity will increase to 569.3 billion won (up more than 8x) at end of 1Q 2024 due to asset revaluation.
As a result of the asset revaluation, the company's balance sheet will improve significantly and this likely result in many investors taking another look at the company for potential investments. 


Lotte Tour Development: A Major Asset Revaluation Resulting in More Than 8X Increase in Equity