Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

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Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

Event-Driven

D'Live is again up for sale. Samil PWC is now doing due diligence on D'Live in preparation for sale. Samil PWC started it late last month, and it would take about a month. So, it would be done by the end of this month. This means the sale process would kick in around late August or early September.<div class="content-highlight">Below is the news report about Samil PWC's due diligence on D'Live (source: eToday)<a href="http://www.etoday.co.kr/news/section/newsview.php?idxno=1508016" target="_blank">http://www.etoday.co.kr/news/section/newsview.php?idxno=1508016</a></div>Who would show interest? Surprisingly (or unsurprisingly), <a href="https://www.smartkarma.com/entities/1113" target="_blank" data-smartkarma-citation="entities:1113:1">LG Uplus Corp (032640 KS)</a> is still being mentioned as the most likely candidate.<div class="content-highlight">Below is the news report (actually published yesterday by Digital Times) about D'Live sale and LG Uplus being linked to this sale (source: Digital Times)<a href="http://www.dt.co.kr/contents.html?article_no=2017072102101331037002&amp;ref=naver" target="_blank">http://www.dt.co.kr/contents.html?article_no=2017072102101331037002&amp;amp;ref=naver</a></div>Well, would this be good or bad for LG Uplus' stock price? I don't really think so. Let's find out why.

D'Live is again up for sale. Samil PWC is now doing due diligence on D'Live in preparation for sale. Samil PWC started it late last month, and it would take about a month. So, it would be done by the end of this month. This means the sale process would kick in around late August or early September.Below is the news report about Samil PWC's due diligence on D'Live (source: eToday)http://www.etoday.co.kr/news/section/newsview.php?idxno=1508016Who would show interest? Surprisingly (or unsurprisingly), LG Uplus Corp (032640 KS) is still being mentioned as the most likely candidate.Below is the news report (actually published yesterday by Digital Times) about D'Live sale and LG Uplus being linked to this sale (source: Digital Times)http://www.dt.co.kr/contents.html?article_no=2017072102101331037002&amp;amp;ref=naverWell, would this be good or bad for LG Uplus' stock price? I don't really think so. Let's find out why.

LG Uplus Corp

D'Live Sale, LG Uplus & Foreign Buying