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

Block Deal Sale of 5% Stake In SFA Engineering by Samsung Display

Clepsydra Capital

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

Event-Driven

<ul>
<li>Samsung Display still holds a 5.85% stake. Hankyung reported that this remaining stake would also be disposed of in the future.</li>
<li>Then the key lies in timing. Considering the ongoing pattern of block deals being exposed during the pre-sounding phase, we may be able to capture clues for preemptive trading.</li>
<li>As seen from the chart depicting SFA's loan balance and the percentage of short-selling to daily TV, we can observe a significant increase in activity just before today's sale event.</li>
</ul>


Samsung Display still holds a 5.85% stake. Hankyung reported that this remaining stake would also be disposed of in the future.
Then the key lies in timing. Considering the ongoing pattern of block deals being exposed during the pre-sounding phase, we may be able to capture clues for preemptive trading.
As seen from the chart depicting SFA's loan balance and the percentage of short-selling to daily TV, we can observe a significant increase in activity just before today's sale event.


Preemptive Short Position Buildup on SFA Engineering for Samsung's Next Stake Sale

Sfa Engineering

Preemptive Short Position Buildup on SFA Engineering for Samsung's Next Stake Sale