Doosan Group: Index Implications of the Corporate Restructuring
The Doosan Group are planning to restructure Doosan Enerbility, Doosan Bobcat and Doosan Robotics. There are index implications for the KOSPI200...
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KOSPI200 Index Rebalance Preview: 4 Changes Likely in December
There could be 4 changes for the KOSPI200 in December. The impact on the potential inclusions ranges from 0.6-21 days of ADV while the impact on...
248 Views
What Did NPS Buy and Sell in Korean Stock Market in 2Q 2024?
In 2Q 2024, the NPS reduced its investments in defense and military stocks and increased investments in cosmetics, shipbuilding, and food companies...
524 Views
Sanil Electric IPO: Valuation Insights
We examine the syndicate's valuation methodology. Our analysis suggests that Sanil is fully valued in the IPO price range. We would pass on the IPO.
312 Views
Sanil Electric IPO: The Bear Case
The bear case rests on rapidly slowing growth, high customer concentration, mid-tier revenue growth and mid-tier FCF margin compared to peers.
282 Views