Contrarian Corpus
Elliott Management vs. Hyundai Motor Group

Hyundai Motor Group

1 deck published between 2018-04-23 and 2018-04-23 — 43 pages, 43 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2018-04-23 initial thesis

    2018 04 Elliott Hyundai Main Presentation April 2018

    43pp · full_deck

    HMG's Mobis-Glovis spinoff is suboptimal; a true holding-company structure plus KRW 6tn buybacks, a 40-50% payout, and independent boards close peer discounts and deliver 15%+ upside.