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

Robotis IPO Preview (Part 1) - An Innovative Provider of Robotic Solutions in Korea

Robotis IPO Preview (Part 2) - Valuation Analysis

Robotis IPO Preview (Part 3) - Bookbuilding Results

An Online Education Company Whose Negatives Are Priced-In, but Growth Is Not

Like China Education Group for Scale and Organic Growth but Prefer CNHE for Acquisition Track Record

CNHE (2001HK): Management Update and Scenarios for Future Acquisitions Imply >12% Upside

China Education Group IPO Preview: The Story of 1 Shared History, 2 Founders, & 3 Schools

Equity Bottom-Up

<ul class=""><li>In this report, we provide a new trend in the children's education that has been developing in Korea which is likely to evolve into a huge consumer demand. </li><li><strong>This trend is the surging demand for coding education. </strong></li><li>There has been a huge interest in a curriculum based coding education program for children, especially in the elementary, junior high, and high schools in Korea. This has been driven by both the government and private initiatives. There has been a surging growth of interests among Korean parents, especially in the past two years, of the need to teach their children coding at an early age, since learning coding could help these students to get better jobs in the future when they become adults in the world driven by AI and 4th Industrial Generation Industries. </li><li>Coding software education in public schools in Korea has become mandatory in the middle schools starting 2018 and will become mandatory in the high schools and elementary schools (5th &amp; 6th grades) starting 2019.</li><li>A company called <strong><a href="https://www.smartkarma.com/entities/26183" target="_blank" data-smartkarma-citation="entities:26183:1">CMS Edu Co Ltd (225330 KS)</a></strong> (market cap of 174 billion won) is a leader in coding education for children in Korea. We are including CMS Edu in our model portfolio of top stocks. </li></ul>

In this report, we provide a new trend in the children's education that has been developing in Korea which is likely to evolve into a huge consumer demand. This trend is the surging demand for coding education. There has been a huge interest in a curriculum based coding education program for children, especially in the elementary, junior high, and high schools in Korea. This has been driven by both the government and private initiatives. There has been a surging growth of interests among Korean parents, especially in the past two years, of the need to teach their children coding at an early age, since learning coding could help these students to get better jobs in the future when they become adults in the world driven by AI and 4th Industrial Generation Industries. Coding software education in public schools in Korea has become mandatory in the middle schools starting 2018 and will become mandatory in the high schools and elementary schools (5th &amp; 6th grades) starting 2019.A company called CMS Edu Co Ltd (225330 KS) (market cap of 174 billion won) is a leader in coding education for children in Korea. We are including CMS Edu in our model portfolio of top stocks. 

CMS EDU: A Major Beneficiary of the Surging Demand for Coding Education in Korea