DH (Daehan) Shipbuilding - End of Lockup Period for 27% of Outstanding Shares In February
There is an end of lock-up period for 10.27 million shares (27% of outstanding shares) for Daehan (DH) Shipbuilding (439260 KS) starting 1 February 2026.
This could potentially result in additional selling by insiders which could negatively impact its share price in the coming weeks. We are turning BEARISH on Daehan Shipbuilding.
Order backlog has been worsening in the recent quarters. Valuations are reasonable but not cheap, given the cyclicality of the shipbuilding business.
