Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

South korea It / Thematic (Sector/Industry)

<ul><li>There is an adage in the financial market that says, "Don't fight the FED." In the Korea Stock Market, there is an adage that says, "Don't fight the National Pension Fund." There are several whales (institutional investors) in Korea that are the movers and shakers of the Korean Stock Market. The biggest whale is the National Pension Fund of Korea. Other whales include The Capital Group, Franklin Templeton, Schroders Investment Mgmt, and Fidelity Asset Management. </li><li>This report is an analysis of the changes to the major changes to the stock ownership of the 100 largest stocks in Korea (KOSPI) by the institutional investors in Korea reported in the past three months.</li><li>There are five stocks including <a href="https://www.smartkarma.com/entities/11841" target="_blank" data-smartkarma-citation="entities:11841:1">Woori Bank (000030 KS)</a>, <a href="https://www.smartkarma.com/entities/5169" target="_blank" data-smartkarma-citation="entities:5169:1">Ncsoft Corp (036570 KS)</a>, <a href="https://www.smartkarma.com/entities/5876" target="_blank" data-smartkarma-citation="entities:5876:1">Bgf Retail Co Ltd (027410 KS)</a>, <a href="https://www.smartkarma.com/entities/23592" target="_blank" data-smartkarma-citation="entities:23592:1">Doosan Bobcat Inc. (241560 KS)</a>, and <a href="https://www.smartkarma.com/entities/1904" target="_blank" data-smartkarma-citation="entities:1904:1">Oci Co Ltd (010060 KS)</a>whose share prices were up on average 8.7% from January 10th to January 26th versus KOSPI which was up 1.9% during this period. These stocks all have more than 1.5% changes to the ownership levels by one of their major institutional investors.</li><li>There is a signal of trouble if two of these whales (institutional investors) report major changes to ownership of their stakes in Korean companies. <a href="https://www.smartkarma.com/entities/16029" target="_blank" data-smartkarma-citation="entities:16029:1">Naver Corp (035420 KS)</a> is a prime example.</li></ul>

There is an adage in the financial market that says, "Don't fight the FED." In the Korea Stock Market, there is an adage that says, "Don't fight the National Pension Fund." There are several whales (institutional investors) in Korea that are the movers and shakers of the Korean Stock Market. The biggest whale is the National Pension Fund of Korea. Other whales include The Capital Group, Franklin Templeton, Schroders Investment Mgmt, and Fidelity Asset Management. This report is an analysis of the changes to the major changes to the stock ownership of the 100 largest stocks in Korea (KOSPI) by the institutional investors in Korea reported in the past three months.There are five stocks including Woori Bank (000030 KS), Ncsoft Corp (036570 KS), Bgf Retail Co Ltd (027410 KS), Doosan Bobcat Inc. (241560 KS), and Oci Co Ltd (010060 KS)whose share prices were up on average 8.7% from January 10th to January 26th versus KOSPI which was up 1.9% during this period. These stocks all have more than 1.5% changes to the ownership levels by one of their major institutional investors.There is a signal of trouble if two of these whales (institutional investors) report major changes to ownership of their stakes in Korean companies. Naver Corp (035420 KS) is a prime example.

Samsung Fire & Marine Insurance (000810 KS)

Samsung Electro Mechanics Co, Ltd. (009150 KS)

Hyundai Engineering & Construction (000720 KS)

Posco International Corporation (047050 KS)

HD Korea Shipbuilding & Offshore Engineering (009540 KS)

HD Korea Shipbuilding & Offshore Engineering

Kepco Plant Service & Engineering (051600 KS)

Daewoo Engineering & Construction (047040 KS)

Korea Investment Holdings Co, Ltd. (071050 KS)

Hyundai Marine & Fire Insurance Co., Ltd (001450 KS)

Samsung Electronics Pref Shares (005935 KS)

Whale Watching in the Korea Stock Market