Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Cosmecca Korea IPO Preview (Part 2) - What Is It Worth?

Cosmecca Korea IPO Preview (Part 1) - Global Leader in BB Cream Cosmetics

Equity Capital Markets

Cosmecca Korea   / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/23616" target="_blank" data-smartkarma-citation="entities:23616:1">Cosmecca Korea (241710 KS)</a> started trading today. It is currently 69,500 won, up 29% from its IPO price of 54,000 won. This morning, Cosmecca Korea was up more than 50% of its IPO price. We continue to like Cosmecca Korea, but less than at the IPO price levels. </p><p>At current levels, we think that it may be more prudent to look at the next two cosmetics related IPOs in Korea, including <a href="https://www.smartkarma.com/entities/23636" target="_blank" data-smartkarma-citation="entities:23636:1">Clio Cosmetics (237880 KS)</a> and <a href="https://www.smartkarma.com/entities/23576" target="_blank" data-smartkarma-citation="entities:23576:1">Organic Tea Cosmetics Holding (1436519D KS)</a>, which we believe have greater upsides…</p>

Cosmecca Korea (241710 KS) started trading today. It is currently 69,500 won, up 29% from its IPO price of 54,000 won. This morning, Cosmecca Korea was up more than 50% of its IPO price. We continue to like Cosmecca Korea, but less than at the IPO price levels. At current levels, we think that it may be more prudent to look at the next two cosmetics related IPOs in Korea, including Clio Cosmetics (237880 KS) and Organic Tea Cosmetics Holding (1436519D KS), which we believe have greater upsides…

Organic Tea Cosmetics Holding (900300 KS)

Cosmecca Korea - Up Strong First Day of Trading