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

LG Corp: Three Key Catalysts + NAV Valuation

LG Corp: Updated NAV Analysis & Outperformance Likely Driven by Value Investors

LG Corp: Updated NAV Analysis Amid Ongoing Corporate Value Up Program in Korea

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

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>In this insight, we provide the major highlights of the solid Corporate Value Up plan announced by LG Corp on 22 November. </li>
<li>The key highlights include about 500 billion won worth of share cancellation by 2026, improved dividend policy, and higher ROE target.</li>
<li>Our base case NAV valuation analysis of LG Corp suggests implied NAV of 16.1 trillion won or NAV per share of 102,426 won, which is 33.4% higher than current price.</li>
</ul>


In this insight, we provide the major highlights of the solid Corporate Value Up plan announced by LG Corp on 22 November. 
The key highlights include about 500 billion won worth of share cancellation by 2026, improved dividend policy, and higher ROE target.
Our base case NAV valuation analysis of LG Corp suggests implied NAV of 16.1 trillion won or NAV per share of 102,426 won, which is 33.4% higher than current price.


LG Corp: Key Highlights from Its Corporate Value-Up Plan and Updated NAV Valuation