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

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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