Japan: Share Buybacks - Less Than Meets the Eye
JAPAN AS NUMBER TWO - Japan is the second largest global market for share buybacks both in terms of number and percentage usage. However, gross...
607 Views
United (With Mercari) We Stand
United Inc (2497 JP) has demonstrated the ability to make some very savvy investments, most recently illustrated by its 10.5m share stake...
179 Views
Bilibili IPO Valuation: A Grand Risk Seems in Order
Bilibili Inc (BILI US) is a Chinese online video platform themed around anime, manga, and game fandom. Last week, it announced its IPO price range...
526 Views
Netmarble Games IPO (Part 3): Valuation Sensitivity Analysis
Our base case valuation for the company is 170,000 won per share (using 2018 EV/EBITDA), which suggests implied market cap of 14,658 billion won...
380 Views
Netmarble Games IPO (Part 1) - Good: L2R; Bad: LineageM & China's Ban of New Mobile Games from Korea
GOOD NEWS: Netmarble Games' L2R mobile game is showing stunning growth.BAD NEWS: China recently banned all new mobile games from Korea. NCSoft's...
379 Views