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

Korea Stub Trades: F&F Holdings Pair in a Substantial Diversion with F&F's KOSPI 200 Inclusion

Short LG Corp on the Unsustainable Price Spike

Short-Covering Trend of KOSPI 200 Deletions by Month-End

KOSPI 200 Rebalancing: Noteworthy Names for Passive, Shorting, & Short Covering Flows

KOSPI 200 Constituents with a Float Rate Change: 11 Increases & 2 Reductions

KOSPI 200 Rebalancing: Trade Short Covering Event for Deletions

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

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>We should pay attention to the following three stocks: F&amp;F, Iljin Hysolus, and K Car. They all have recently seen a drastic increase in the loan balance.</li>
<li>Their passive flow sizes relative to ADTVs are the lowest among the additions. It seems that those with relatively little passive impact are targeted.</li>
<li>Also, their projected earnings are highly volatile, and they all face overvaluation issues, whereas the other four names have more clear projections for earnings.</li>
</ul>


We should pay attention to the following three stocks: F&amp;F, Iljin Hysolus, and K Car. They all have recently seen a drastic increase in the loan balance.
Their passive flow sizes relative to ADTVs are the lowest among the additions. It seems that those with relatively little passive impact are targeted.
Also, their projected earnings are highly volatile, and they all face overvaluation issues, whereas the other four names have more clear projections for earnings.


Post KOSPI 200 Rebalancing Shorting Event: Watch Iljin Hysolus, F&F, & K Car