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

Paradise: Expansion into High End Hotel Likely to Destroy Shareholder Value

Kangwon Land: Regulatory Improvements to Result in Higher Earnings and Valuation Multiples Expansion

Alpha Generation Through Share Buybacks in Korea: Bi-Monthly (September and October 2024)

Significant MoM Increase in Inbound & Outbound Visitors in Korea in April 2022

Paradise: Boost from End of Ban of Chinese Group Tours to Korea Vs Inspire Resort Opening in Incheon

Mohegan Gaming's Inspire Resort to Launch the First Foreigners Only Casino in Korea in 19 Years

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

Event-Driven

<ul>
<li>On 7 March, Paradise Co Ltd (034230 KS) announced that it plans to switch its listing from KOSDAQ to KOSPI. </li>
<li>Paradise will be excluded from KOSDAQ150 when it makes the switch to KOSPI. However, it is not certain if and when the company will be included in KOSPI200.</li>
<li>All in all, we would argue that the valuations are not especially appealing for Paradise, despite the sharp pick-up in business in 2023.</li>
</ul>


On 7 March, Paradise Co Ltd (034230 KS) announced that it plans to switch its listing from KOSDAQ to KOSPI. 
Paradise will be excluded from KOSDAQ150 when it makes the switch to KOSPI. However, it is not certain if and when the company will be included in KOSPI200.
All in all, we would argue that the valuations are not especially appealing for Paradise, despite the sharp pick-up in business in 2023.


Lotte Tour Development Co, Ltd. (032350 KS)

Paradise Announces A Switch in Listing from KOSDAQ to KOSPI