Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Douglas Research Advisory

Event-Driven

<ul>
<li>Woori Bank completed a block deal sale of 11 million shares of Kumho Tire Co (073240 KS) (3.83% of outstanding shares) on 18 July. </li>
<li>After the recent sales by Woori Bank and the Export-Import Bank of Korea, the creditors' stakes in Kumho Tire has been reduced to 19.17%.</li>
<li><em><strong>Despite Kumho Tire's recent improvement in financial performance, we are more concerned about the additional stake sale by the financial institutions that still own 19.2% stake in the company.  </strong></em></li>
</ul>


Woori Bank completed a block deal sale of 11 million shares of Kumho Tire Co (073240 KS) (3.83% of outstanding shares) on 18 July. 
After the recent sales by Woori Bank and the Export-Import Bank of Korea, the creditors' stakes in Kumho Tire has been reduced to 19.17%.
Despite Kumho Tire's recent improvement in financial performance, we are more concerned about the additional stake sale by the financial institutions that still own 19.2% stake in the company.  


Block Deal Sale of Kumho Tire: More Shares Likely to Be Sold by Creditors

Rubber News Specialist, Helixtap

Vinod Nedumudy

Rubber News Specialist

Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

Commodities

<ul><li>79% of ELTs consumed by end-use markets, up 10.5%</li><li>Tire-derived fuel tops ELT use, followed by ground rubber</li><li>Sumitomo Rubber USA announces closing of Buffalo plant</li></ul>

79% of ELTs consumed by end-use markets, up 10.5%Tire-derived fuel tops ELT use, followed by ground rubberSumitomo Rubber USA announces closing of Buffalo plant

ELTs Undertake An Impressive ‘Sustainable March’ In The US

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of KRX Stocks as of Apr 12th which has an aggregated short interest worth USD6.7bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in HMM, LG Electronics .</li>
</ul>


We analyzed the changes in short interest of KRX Stocks as of Apr 12th which has an aggregated short interest worth USD6.7bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in HMM, LG Electronics .


KRX Short Interest Weekly (Apr 12th): HMM, LG Electronics

CEO, Helixtap

Farah Miller

<ul><li>US fishing groups file federal lawsuit against 12 of the largest tire manufacturers  </li><li>US Environmental Protection Agency steps in to regulate 6PPD  </li><li>Tire Industry Project for 2024 and 2025 to focus on tire-emission research and end-of-life tire management</li></ul>

US fishing groups file federal lawsuit against 12 of the largest tire manufacturers  US Environmental Protection Agency steps in to regulate 6PPD  Tire Industry Project for 2024 and 2025 to focus on tire-emission research and end-of-life tire management

CEOs Chalk Out Action Plan As Tires Struggle On Sustainability

<ul>
<li>We analyzed the changes in short interest of KRX Stocks as of Nov 17th which has an aggregated short interest worth USD11.9bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Celltrion, Celltrion Health, Amorepacific.</li>
</ul>


We analyzed the changes in short interest of KRX Stocks as of Nov 17th which has an aggregated short interest worth USD11.9bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Celltrion, Celltrion Health, Amorepacific.


KRX Short Interest Weekly (Nov 17th): Short Covers for Celltrion, Celltrion Health, Amorepacific

South Korea

Kumho Tire Co., Inc. designs and produces tires.  The Company's main products include various automobile tires and tubes used in sedan, SUV, RV, truck, and bus.  Kumho Tire also provides racing tires.

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Kumho Tire Co (073240 KS)

Block Deal Sale of Kumho Tire: More Shares Likely to Be Sold by Creditors

Despite Kumho Tire's recent improvement in financial performance, we are more concerned about the additional stake sale by the financial...

Douglas Kim

ELTs Undertake An Impressive ‘Sustainable March’ In The US

The US tire industry is making significant strides in sustainability by substantially reducing the threat from end-of-life tires to the...

Helixtap

KRX Short Interest Weekly (Apr 12th): HMM, LG Electronics

We analyzed KRX short interest report for the past week. We estimate the short interests were USD6.7bn and highlighted short interest changes in...

Ke Yan, CFA, FRM

CEOs Chalk Out Action Plan As Tires Struggle On Sustainability

The US tire industry is being taken to task on sustainability, but it's rising to the occasion and responding positively. The tire industry CEOs...

Helixtap

KRX Short Interest Weekly (Nov 17th): Short Covers for Celltrion, Celltrion Health, Amorepacific

We analyzed KRX short interest report for the past week and highlight short interest changes in Celltrion, Celltrion Health, Amorepacific.

Ke Yan, CFA, FRM

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