Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Showbox (086980): Clearly in a Different League

Equity Bottom-Up

<p>Whether Showbox makes substantial profits with the upcoming “Beautiful Accident” is not really important at this point. Rather, what is truly important at this point is whether Showbox business in China is really something that can be sustainable in the long term.</p><p>Showbox signed the 3-year contract of movie co-production with Huayi Brothers in 2015. Under this contract, Showbox and Huayi Brothers are scheduled to co-product at least 6 movies in the next 3 years. The first one (called “Beautiful…</p>

Whether Showbox makes substantial profits with the upcoming “Beautiful Accident” is not really important at this point. Rather, what is truly important at this point is whether Showbox business in China is really something that can be sustainable in the long term.Showbox signed the 3-year contract of movie co-production with Huayi Brothers in 2015. Under this contract, Showbox and Huayi Brothers are scheduled to co-product at least 6 movies in the next 3 years. The first one (called “Beautiful…

쇼박스의 가치가 과대평가되었을까? 아마도 그럴 수도 있지만, 분명히 고려해야 할 점이 더 많다

Showbox Corp

쇼박스의 가치가 과대평가되었을까? 아마도 그럴 수도 있지만, 분명히 고려해야 할 점이 더 많다