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

China Allows Import of 45 Foreign Video Games Including 7 Korean Games

Smilegate Holdings: A Giant Korean Game Company in Partnership with Amazon Games

Com2uS Corp: The Most Likely Corporate Activist Target in Korea's Game Industry

Top 20 Best Performers in the Korean Stock Market (Week of 13 May)

Saudi Arabia's PIF Launches Savvy Gaming Group and Buys 6.7% of NCsoft & 5% of Nexon

NCsoft - Launch of Blockchain, NFT Based Game [Re-Rating of the Entire Game Sector in Korea?]

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

Equity Bottom-Up

<ul>
<li>Amid recent market carnage, one of the strong turnaround stocks in Korea is NCSOFT Corp (036570 KS) which is down 54% from its highs in February 2021.</li>
<li>Three major reasons why NCsoft's share price will turnaround include attractive valuations, better control of labor costs, and strong pipeline of new games. </li>
<li>Short sale value/market cap ratio for NCsoft has declined materially in the past several weeks, reflecting increased optimism in the company's future prospects. </li>
</ul>


Amid recent market carnage, one of the strong turnaround stocks in Korea is NCSOFT Corp (036570 KS) which is down 54% from its highs in February 2021.
Three major reasons why NCsoft's share price will turnaround include attractive valuations, better control of labor costs, and strong pipeline of new games. 
Short sale value/market cap ratio for NCsoft has declined materially in the past several weeks, reflecting increased optimism in the company's future prospects. 


Take Two Interactive Software, Inc (TTWO US)

NCsoft: A Strong Turnaround Play in Korean Game Sector