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

Naver's 2nd HQ Building for Outside Developers: Right Plan for In-House Development Limitations

Equity Bottom-Up

Is this a good time to buy Naver (035420)? This is certainly not an easy question. However, my answer would be “No”.Naver’s 4Q15 result will be announced shortly. Already, investors started having high expectations on Naver’s sales performance, particularly in its mobile ad business. Surely, Naver is by far the strongest PC-based Internet company in Korea, and the company is becoming the most dominant player in the mobile space as well. Naver takes more than 70.0 percent of the nation’s PC-based…

Is this a good time to buy Naver (035420)? This is certainly not an easy question. However, my answer would be “No”.Naver’s 4Q15 result will be announced shortly. Already, investors started having high expectations on Naver’s sales performance, particularly in its mobile ad business. Surely, Naver is by far the strongest PC-based Internet company in Korea, and the company is becoming the most dominant player in the mobile space as well. Naver takes more than 70.0 percent of the nation’s PC-based…

Naver Corp

Naver (035420), Good Buy Right Now?