In today’s briefing:
- SK Shieldus Controversies: Excessive Valuations & Suspicious Surge in Internal Sales
SK Shieldus Controversies: Excessive Valuations & Suspicious Surge in Internal Sales
- Suppose we grouped S1 and Taiwan Secom with the Physical/Integrated Security weighting and then applied the Cybersecurity weighing to Ahnlab and CyberOne. We would have 11.40x, substantially lower than 14.85x.
- SK Shieldus’ sales were ₩1.55T, an increase of ₩0.22T (16.8%) from the previous year. But 65% of last year’s sales increase was derived from the internal deals with SK Group.
- How the company and the bankers will respond to those mentioned above two controversial aspects will be the most crucial point in determining the success or failure of this IPO.
Before it’s here, it’s on Smartkarma
