[집중취재M] The collapsed ‘dasang’ myth, the 70% drop, one after another, gave up the listing

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Last year, in the stock market last year, public offering stocks were seen as a chance to hit the jackpot.

Both of you jumped into the subscription for public offering, and even made a negative account to get one more share.

The so-called ‘tasang’, in which the stock price jumps two or three times as soon as it goes public, was regarded as a formula.

But what regarding the stock prices of these companies now?

There are a number of stocks that have fallen more than 70% from their highs.

As such, the myth has become a thing of the past, and now, companies that have given up or postponed their planned listings are lined up.

First of all, this is the report by Kim A-young.

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In March of last year, a whopping 64 trillion won was poured into SK Bioscience’s public offering.

The public offering price was 65,000 won, but it continued to soar and broke through 360,000 won in five months.

What happened now?

Although higher than the IPO price, it is -70% compared to the high.

Both Kakao Pay and Kakao Bank are public offerings that hit the jackpot last year.

But now it’s miserable.

Both stocks are down regarding 30% from their IPO price and plunging more than 70% from their highs.

Last year and last year, when huge amounts of money were released following Corona.

People took advantage of zero interest rates to jump into debt and IPO stocks.

[공모주 투자자(2020년 9월)]

“You’re doing it without knowing anything. 50,000 shares, 600 million won. (Bank) There’s no interest on a penny.”

Companies took advantage of this craze to go public.

89 companies were listed last year.

However, two-thirds of these, 60, are currently below their IPO price.

With interest rates rising and money lines drying up, the mood has changed 180 degrees this year.

Hyundai Oilbank, which was expected to have an enterprise value of more than 10 trillion won, as well as One Store, Olive Young, and Ssuk.com are delaying or waiting for their listing.

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“It’s difficult to get enough decent corporate value, so when we’re looking for the next opportunity, the IPO market continues to falter and subside.”

In fact, the stock price of Socar, which was listed a month ago, has continued to fall, far from being a ‘disappearance’, and has fallen by 30% from its IPO price.

It is also pointed out that there is a bubble in the initial public offering price.

When setting the IPO price, Krafton listed Walt Disney and Kakao Pay, PayPal, as comparison companies.

This is Ayoung Kim from MBC News.

Video coverage: Lee Sang-yong / Video editing: Kwon Ji-eun

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