Nexen Holdco Trade: Quick Reversion on Yesterday's 2σ Price Divergence
Nexen Sub made a run yesterday. It climbed 6% yesterday. Holdco stayed flat with a 0.34% gain. This created a huge price divergence. The duo made...
496 Views
Nexen Corp Holdco Trade: Status Update & Recommended Action
Nexen Corp (005720 KS) / Nexen Tire Corp (002350 KS) stub trade yield is 6.07%. Price ratio is now at 20D MA. Holdco discount now stands at...
489 Views
Nexen Holdco Trade: Opportunity of Stub Trade Has Come
Nexen Corp (005720 KS) is one of the few Korean holdcos that make it suitable for stub trade. Nexen Tire Corp (002350 KS) accounts for 75% of...
391 Views
Hankook Tire Update - P/B at 60% Discount to Peers Due to Transient Issues
In this insight, we will go through in-depth Hankook Tire's 3Q17 results with added commentary provided by HKT's investor relations based on my...
414 Views
The Cheapest and Most Profitable Tire Company in the World: Catalysts and Valuation (Part 2 of 2)
Hankook Tire has the strongest growth profile amongst its global tire peers over the next few years from robust unit volume growth combined with a...
536 Views