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

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)

Chinese Government Announces a No-Visa Policy for South Korean Citizens Entering China

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

Paradise Announces A Switch in Listing from KOSDAQ to KOSPI

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>On 2 July, Paradise Co Ltd (034230 KS) announced that it will construct a new high end luxury hotel in Seoul spending about 500 billion won to 550 billion won. </li>
<li>We believe that this construction of the new luxury hotel will have a negative impact on shares of Paradise. </li>
<li>Rather than investing a large sum of money to build a new hotel, many investors would rather have preferred Paradise to increase share buybacks and dividends. </li>
</ul>


On 2 July, Paradise Co Ltd (034230 KS) announced that it will construct a new high end luxury hotel in Seoul spending about 500 billion won to 550 billion won. 
We believe that this construction of the new luxury hotel will have a negative impact on shares of Paradise. 
Rather than investing a large sum of money to build a new hotel, many investors would rather have preferred Paradise to increase share buybacks and dividends. 


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