<Antock Co., Ltd. OTC Stock Analysis Service Video reports on Korea Economic TV News>
[Anchor]
Interest in the privately held stock market is growing. The problem is that since it is not a listed company, there is a lack of investment information. If so, conversely, it may be said that if accurate OTC stock information can be analyzed and analyzed, it may be in an interesting position in this market. Reporter Shin In-kyu covered the beginning of the information war effort privately held companies.
[Reporter]
“Starfinder” is an artificial intelligence-based OTC stock engine developed by a startup in Korea. If you search for a privately held company you are considering in, it takes the important information like Iron Man's All-Purpose Artificial Intelligence Assistant “Jarvis.”
If you click Hyundai Oil Bank, a privately held company, it will analyze the company's financial statements and tell you whether it is currently a company that can be listed on KOSDAQ and COSPI.
In addition to financial information, it also has a function to compare listing estimates, stock price potential, and corporate implications based on this. A “quant investment” strategy based on indicators and numbers can also be applied to privately held companies.
[interview]
Park Jaejoon, CEO of Antock
“In the case of stock adequacy, the appropriate stock range is extracted by extracting the listed company most similar to the unlisted stock and considering their value multiples in reverse. In the case of the list, we identify financial information or attribute information about privately held companies and tell them how much they have met the requirements listing.”
The idea is that it is possible to prevent dangerous “dark investment” or “don't ask” investment simply by believing and believing information. Currently, this engine has secured a database of 460 privately held companies, including 200 companies that are not listed in K-OTC and CONNEX.
It is amazing that interest in the unlisted stock trading market is growing, and in investing with the investment of more and more funds, such movements to investing financial information for individual investors have arisen.
This is because rumors from private OTC stock exchanges come from discussions and are often unrelated to corporate fundamentals.
The case of Zenbody, which was considered one of the major IPos in the second half of the year, was traded in unlisted shares, and the listing schedule was lost due to an unexpected “limited” audit opinion, which shows the risk of “investing without asking” in privately held companies. In order to properly consider the role of the privately held stock market as a growth ladder for listing on the KOSDAQ and COSPI markets, the consideration of a confidential information analysis system for privately held companies is expected to grow even more in the future.
This is Shin In-kyu from Korea Economic TV.
Video and article sources: [Korea Economic TV]