We are positive on the tender offer of a 25% stake in Hyundai Home Shopping by Hyundai G.F. Holdings. Hyundai Home Shopping is trading at only 0.3x P/B and net cash is 124% of market cap.
What is covered in the Full Insight:
Tender Offer Details
Major Shareholders of Hyundai Home Shopping
Hyundai Home Shopping Company Background
Income Statement Analysis
Balance Sheet and Cash Flow Analysis
SUMMARY
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