Angang Steel: PMI Recovery to Support Shares: Close Short
INVESTMENT VIEW:The recovery in China’s March PMI index to 50.8 shows an unexpected expansion in economic activity. Historically, there is a...
532 Views
Smartkarma’s Week that Was in JP/KR: Nexon, Rakuten, POSCO and Samsung Electronics
Below is the list of the Japan/Korea-related posts put on the Smartkarma platform during the week of March 4th:
148 Views
Korea M&A Spotlight: POSCO or SK to Acquire KCFT for About 1 Trillion Won?
It was reported in numerous local Korean media yesterday that POSCO (005490 KS) and SK Group are leading contenders to acquire a Korean company...
334 Views
POSCO Chemtech: Merger, Renaming, KOSPI Move & Joining KOSPI 200
POSCO Chemtech (003670 KS) is to merge with one of the affiliated companies, POSCO ESM through stock swap at a ratio of 1 to 0.2172865. It will...
395 Views
Angang Steel: More Pain Ahead on Chinese Steel Overproduction. PT Cut to HK$5
We believe overproduction and lower steel prices into 1H19 will lead to material downward revisions in Angang’s NTM EBITDA forecasts and its stock...
369 Views