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

Korea M&A Spotlight: Netmarble to Acquire Woongjin Coway? The Long-Short Trade

Visit to the G-Star Game Exhibition in Busan

Initial Thoughts on the Big Hit Entertainment IPO

Netmarble Games + Tencent = The Most Likely Consortium to Acquire NXC Corp/Nexon?

Nexon Sale: Speculative Talkings that Hit Korea Local Market Monday

Nexon: First Quarter Results Outperform Guidance; PC Games Drive Topline Growth

Event-Driven

<ul>
<li>
The three major drivers of Netmarble Games's stock price right now include the upcoming IPO of Netmarble Neo/expansion of KOF Allstar game, the launch of the BTS World game, and the eventual resolution of the NXC Corp/Nexon M&amp;A. The next six weeks will be very important in terms of timing since we will know the final bidder for the NXC Corp/Nexon, plus Netmarble Games will be launching two more important games (BTS World and Seven Deadly Sins), and there will be more clarity in the timeline of the Netmarble Neo IPO. </li>
<li>
BTS World is probably one of the most anticipated games to be launched by Netmarble Games this year. BTS World will allow its fans to be able to <a href="https://www.newsweek.com/bts-world-mobile-game-everything-we-know-1422200" target="_blank">interact one-on-one</a>, through the mobile platform with their favorite band members. </li>
<li>The market has been concerned about Netmarble Games potentially overpaying for NXC Corp with overstretched debt financing and if Netmarble Games fails to be the final bidder for NXC Corp, this will likely to actually benefit the company.</li>
</ul>



The three major drivers of Netmarble Games's stock price right now include the upcoming IPO of Netmarble Neo/expansion of KOF Allstar game, the launch of the BTS World game, and the eventual resolution of the NXC Corp/Nexon M&amp;A. The next six weeks will be very important in terms of timing since we will know the final bidder for the NXC Corp/Nexon, plus Netmarble Games will be launching two more important games (BTS World and Seven Deadly Sins), and there will be more clarity in the timeline of the Netmarble Neo IPO. 

BTS World is probably one of the most anticipated games to be launched by Netmarble Games this year. BTS World will allow its fans to be able to interact one-on-one, through the mobile platform with their favorite band members. 
The market has been concerned about Netmarble Games potentially overpaying for NXC Corp with overstretched debt financing and if Netmarble Games fails to be the final bidder for NXC Corp, this will likely to actually benefit the company.


넷마블게임즈: 넷마블 네오 상장, BTS 월드 게임 출시, 넥슨 인수합병