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

DB Hitek: KCGI Goes Activist & A Potential Inclusion in MSCI Korea Standard Index in 2023

Minority Shareholders Convince DB Hitek to Stop a Company Split

Minority Shareholders Go Activist on DB Hitek

The Blockchain Delusion. A (Mostly) Bearish Investment Thesis.

Douglas Research Advisory

Event-Driven

<ul>
<li>DB Hitek's investment in a golf course operating company is a poor investment, one that destroys shareholder value.</li>
<li>Most investors would rather have DB Hitek increase shareholder returns through share buybacks/cancellations and dividends as well as invest in its core semiconductor business rather then buy a golf course. </li>
<li>Given DB Inc's lack of cash, there is a growing possibility that it will use the proceeds from selling its DB World shares to increase its stake in DB Hitek. </li>
</ul>


DB Hitek's investment in a golf course operating company is a poor investment, one that destroys shareholder value.
Most investors would rather have DB Hitek increase shareholder returns through share buybacks/cancellations and dividends as well as invest in its core semiconductor business rather then buy a golf course. 
Given DB Inc's lack of cash, there is a growing possibility that it will use the proceeds from selling its DB World shares to increase its stake in DB Hitek. 


DB Hitek: Buying a Golf Course Overshadows Corporate Value Up Efforts

DB Hitek Co., Ltd.

DB Hitek: Buying a Golf Course Overshadows Corporate Value Up Efforts