T-Robotics IPO Preview: Valuation Analysis
We are positive on the T-Robotics IPO. Our implied value per share for T-Robotics is 22,116 won, which is 23% higher than the high end of the IPO...
487 Views
Korea Stock Market Monthly Recap #30 (October 2018)
The Korean stock market fell sharply in October and KOSPI is down 13% this month. Nikkei is down 9% and S&P 500 is down 8% this month as well....
522 Views
T-Robotics IPO Preview (Part 1) - Following the Explosive Demand of Robotis IPO?
Established in Korea 2004, T-Robotics (TROBO KS) makes vacuum robot equipment and vacuum systems chamber equipment used in the display production...
480 Views
Robotis IPO Preview (Part 3) - Bookbuilding Results
Robotis (108490 KS) announced its institutional investors' bookbuilding results today. Robotis IPO price was determined at 14,000 won, which was...
384 Views
Robotis IPO Preview (Part 2) - Valuation Analysis
We are positive on the Robotis IPO. Our base case valuation of Robotis is an implied market cap of 141 billion won (12,538 won per share), which...
400 Views