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

Setting up to Target Exclusion Stock Post Doosan Robotics' KOSPI 200 Fast Entry

Doosan Robotics IPO: Exuberance Results in Valuation Disconnect

Doosan Robotics IPO - Updated Thoughts on Valuation - Sentiments Going Out of Control

Trading Strategy of Doosan Robotics in the First Day of Trading Post Book Building Results

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

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Equity Capital Markets

Doosan Robotics  / Equity Capital Markets

<ul>
<li>The immediate float rate on the listing date (October 5) has reached 19.25% as the institutional lockup volume is not as high as initially expected.</li>
<li>Even with a low institutional lockup level, there seems to be a possibility of a certain IPO day pop.</li>
<li>The first exit point we can look for in the short term would be the 1-month lockup release (1.44% of SO) one month after listing.</li>
</ul>


The immediate float rate on the listing date (October 5) has reached 19.25% as the institutional lockup volume is not as high as initially expected.
Even with a low institutional lockup level, there seems to be a possibility of a certain IPO day pop.
The first exit point we can look for in the short term would be the 1-month lockup release (1.44% of SO) one month after listing.


Doosan Robotics Institutional Lockups Breakdown Leaked Pre-Disclosure: Analyzing Flow Schedule