Friday, March 31, 2017

CJ O Shopping, TV channels will grow out of poor standing - Shinhan Investment Corp.



[Korea goyounghun financial newspaper reporter] Shinhan Investment is on the 31st TV channel, saying the escape thrive BUY on CJ O Shopping's target price was raised to 24 million.

1Q11 separate OP CJ O Shopping is expected the 38.2 billion won, up 5.5 percent from the previous year.

Shinhan Investment Park Huijin researchers can be "one-off gains reflected in the previous year (commissions reversal, etc.) pay for about 40 billion won, there is no specific one exists IF YOU operating profit" and "profit thanks to high-margin channels of TV growth it is, "he diagnosed.

Park researchers "because of sales promotion and increased commissions poor TV growth was compared to the impression width 2013 2015 Operating margin declined," he said, "This year looks positive for the TV growth rate in that pressure on commissions haejyeotdaneun less." It was analyzed.

He added, "presents a positive outlook for the hike, but fell and fixed costs are expected to decline gotta rebound Ido TV channel" "2017 commissions hike is expected 4% hike width is high," he said he predicts.

In addition to the investment point proposed a lower valuation, TV handle large rally against competitors, including commissions hike down.



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