HDC-OP Rights Offer: Allocation, Schedule, Pricing, & Dynamics
As highly anticipated, HDC-OP announced a mega-size rights offer. The target value is ₩407bil for 22M new shares, which represent a 50% capital...
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HDC Holdco Trade: Holdco Re-Rating Should Be Transferred to Sub, Time to Long Sub/Short Holdco
HDC Holdco and its major Sub HDC-OP are now at 247% of σ on a 20D MA for the first time since mid Nov last year. On a 120D, their current price...
360 Views
HDC Holdings Stub Trade: Current Status & Trade Approach
HDC Holdings (012630 KS) and HDC-OP (294870 KS) price gap is now at a nearly record high. Holdco discount is now 60% to NAV. On a 20D MA, Holdco...
597 Views
HDC Tender - Last Day for Arb Trade
Today is the last day to engage in a HDC arb trade as Sep 18 will be the last day to tender. Holdings is on the move as it is up more than 6%...
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HDC Tender - Checking up on Current Trade Status
This post checks up on the current status of the HDC tender event.Current arb yield on the HDC tender stands at 4.71% (as of 11:50 AM in Korea's...
322 Views