Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Hanwha Corp: Updated NAV Analysis - Defense Assets Undervalued

NPS Plans to Select Three Asset Management Companies For "Corporate Value Up" Program

First Local Aerospace & UAM (Urban Air Mobility) ETF in Korea

Launch of Starlink Service by SpaceX - Impact on 11 Korean Companies

LIG Nex1: 10x Increase in Operating Profit from 2019 to 2022 Not Adequately Reflected in Share Price

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Bottom-Up

<ul>
<li>In the past several days, there have been numerous local news about a substantial defense cooperation between Saudi Arabia and South Korea. </li>
<li>This could result in billions of dollars in new military/defense related systems new orders for numerous companies in Korea in the coming decade. </li>
<li>If there are major long-term arms deal between Saudi Arabia and South Korea, it could benefit the top defense companies in Korea including Hanwha Aerospace and Korea Aerospace Industries. </li>
</ul>


In the past several days, there have been numerous local news about a substantial defense cooperation between Saudi Arabia and South Korea. 
This could result in billions of dollars in new military/defense related systems new orders for numerous companies in Korea in the coming decade. 
If there are major long-term arms deal between Saudi Arabia and South Korea, it could benefit the top defense companies in Korea including Hanwha Aerospace and Korea Aerospace Industries. 


A Major Defense Cooperation Between Saudi Arabia and South Korea Likely