Why Is HanjinKal Raising 160 Billion Won Worth of Debt? To Buy Back Its Shares?
After the market close today, Hanjin Kal Corp (180640 KS) announced that it will raise debt worth 160 billion won for working capital and debt...
486 Views
Smartkarma's Week in JP/KR: SoftbankCorp IPO, Toshiba, J-Banks, Wafers/Semi, Hanjin Kal, BioLogics
This past week featured 165 insights across the Smartkarma platform, with about 25% of them dealing with Japan or South Korea. A list is below.By...
389 Views
Hanjin Kal Stub Trade: Activist Factor Led to a Huge Price Distortion, Short Holdco
Hanjin Kal shares have enjoyed an activist push. The shares were up 24.8% since Nov 9. We are now seeing a huge price distortion. Hanjin...
436 Views
KCGI Goes Activist on Hanjin Kal Corp & Our NAV Analysis of Hanjin Kal
A local private equity firm called KCGI started going "activist" on Hanjin Kal Corp (180640 KS) on November 15th. It was announced that Grace...
628 Views
Jin Air IPO (Part 2) - Unattractive Valuations and Greater Competitive Pressures
Our base case implied target price (one-year) of Jin Air Co. Ltd (272450 KS) is 26,800 won per share, which is at the low end of the IPO range. As...
233 Views