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

War in Ukraine Is Driving Up Share Prices of Korean Steel Producers

Kissinger's Warning that Ukraine Must Give Russia Territory - A Key Inflection Point for KOSPI?

Cargo Truckers Strike, Post Office Couriers Strike, & More Strikes Likely in Korea in 2022

POSCO - Two Major Factors Impacting the Formation of a Holding Company Structure (Valuation & ESG)

POSCO's Physical Spin-Off to Form POSCO Holdings: Opposed by Many Minority Shareholders

POSCO: Three Key Catalysts (Lithium Asset Revaluation, Share Buyback, & Steel Price Hike)

Event-Driven

<ul>
<li>On 5 January, Posco (005490 KS) announced several shareholder friendly policies including a partial cancellation of its treasury shares.</li>
<li>Following this announcement, POSCO's share price climbed 3.1% while KOSPI fell 1.2%.</li>
<li>All in all, we believe that these shareholder friendly policies (including large scale treasury shares cancellation) could help POSCO's share price to outperform the market in the next several weeks. </li>
</ul>


On 5 January, Posco (005490 KS) announced several shareholder friendly policies including a partial cancellation of its treasury shares.
Following this announcement, POSCO's share price climbed 3.1% while KOSPI fell 1.2%.
All in all, we believe that these shareholder friendly policies (including large scale treasury shares cancellation) could help POSCO's share price to outperform the market in the next several weeks. 


POSCO Announces Partial Cancellation of Treasury Shares