In today’s briefing:
- Early Targetable Names in KOSPI 200 December Rebalancing
- Almac IPO Preview
Early Targetable Names in KOSPI 200 December Rebalancing
- Based on the average daily full market cap up until the last close, the following additions have been identified as high-probability candidates: Sam A Aluminum, Dentium, and Dongwon Industries.
- Three constituents will likely leave as they rank at the bottom in descending order of full market cap among those failing the screening: Cuckoo Homesys, Zinus, and Hyundai Home Shopping.
- Dongwon Industries seems to be the most attractive, but given the uncertainty surrounding its inclusion, it may be more appropriate to target Dentium.
Almac IPO Preview
- Almac is getting ready to complete its IPO on KOSDAQ in June. Almac is one of the leading aluminum parts company for the electric vehicles.
- The company ranks first in domestic market share in the aluminum extruded module cases that protect batteries from external shocks.
- The company is offering 1 million new shares in this IPO. The IPO price range is from 40,000 won to 45,000 won.
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