[Infostock Daily= Reporter An Hoe Hyun] KTB Investment & Securities announced on the 26th that it is time to spend the money accumulated in Daelim Industrial on the shareholder return policy and investment opinion 'Buy' and target stock price of 110,000 won were offered coverage.
Daelim Industrial's new consolidated orders in the first half of the year reached 3.2 trillion won, 29.6% of the target of 10.9 trillion won.
On the plan, orders are concentrated in the second half of the year.
The petrochemical business is a strategy to increase the chemical product line and continues to be a profitable high-performance product producer M & A.
Researcher Ra Jin-sung said, "There are a lot of cash to be accumulated in the recent sale of non-core assets(Daelim Auto Bicycle Company, Daelim C&S, Seoul Forest non-residential facilities) in cash reserved due to the cancellation of the ECC investment in North America," and added, "Considering the dividend policy, which maintained a conservative stance due to large-scale investments in North America, and the low largest shareholder stake(23.1%) and restructuring of governance, it is expected to improve shareholder return policies such as purchasing and retirement of treasury shares."
Reporter An Hoe Hyun ahh@infostock.co.kr
