on a market with high growth potential
It founds Trucks and heavy equipments industries in emerging market shows high growth rate
PMI(Post-Merger Integrational)
Even though the M&A is the current new trend,
M&A's success rate is less than 50%.
Failure's reason -> No PMI
Maybe uncertain of M&A's synergy effect
Possibly High Acquisition Premium
But majorly due to no plan for PMI
transportation and longer expiration dates. More critical reason for the expansion is growing demand. Thanks to the technologies, producers could barely meet the explosively grown demand for makgeolli. Last year, when the popularity of the drink was on the peak, Jang-soo makgeolli produced by Seoul Takju could not meet the whole demand, so the company decided to build more production facilities
KB NEWGWANGGAETO Fund
Investment Objectives
1. Invest in domestic stocks benefited from emerging market such as China
2.Focus on emerging growth effectiveness in constructing a portfolio
So, it’s possible to make an excess returns compared with market.
China-effect assets selection
High level of profit contribution and great deal of sales percent in emerging countries especially Ch
on. And there are several competitors with Shinsegae. They are Hyundai Department Store, Lotte shopping, GS Home shopping, CJ Home shopping and so on.
b. Evaluate the performance of Shinsegae
1) Analysis of common-size income statements (Unit : Won)
When you see I/S of Shinsegae from 2005 to 2008, some parts are remarkable. For example, Sales Revenue, Gross Profit or Loss, Ope
on Korean cars in overseas
(4) Future prospect from 2005
The domestic market is expected to be recovered gradually
but the growth rate is to be decline in large.
Good factors
the business recovery
introduction of the new Diesel car
the accumulation
of alternative demand
Bad factors
high oil price
unemployment
construction industry in difficulty
the refun
large and small firms. Due to the existence of aggressive competition within the industry, firms need to make huge marketing efforts to differentiate their products and create brand loyalty. Most of cosmetic products have short product life-cycles, therefore existing firms need to constantly develop new products so as to keep and expand their market share.
Recently, despite unfavorable econom
on the rise. Extreme fluctuations of exchange rate of U.S. and china that account for a large proportion of exports in the export-dependent Korean economy cause Korean company’s sales decreasing and trade frictions in the international trade of Korea. What is worse is that exchange rate frictions occur all around the world as well as between U.S. and China. And also protectionism of exchange ra
on earlier announcements made by the bank. The move comes one day after the government said the country's consumer price index rose 5.3 per cent year on year in April - a slight easing from March but well above Beijing's official four percent target for 2011.
Even though it is one of the pillar industries of China, real estate does not only have economic impact but also far greater effects on
on an instrument of accession signed in 1947.
Pakistan claims all areas of the erstwhile state except for those claimed by China.
China claims the Shaksam Valley and Aksai Chin.
A Kashmiri Pandit child killed by Kashmiri separatists.
Circa early 1990's.
“(Driving to) KASHMIR”
…Oh, pilot of the storm
that leaves no trace,
on the grounds that these projects would be too costly and excessively ambitious.
It may be noted that Aliyev's debate with the VCP leaders occurred in a period when Soviet and Vietnamese strategic interests started to diverge from each other. From 1981 on, the Kremlin made persistent efforts to reach reconciliation with China, a precess viewed with distrust by Hanoi. Hanoi's reluctance to fol