Hints and tips:
...But Yoo Chang-keun, a South Korean businessman, has a cautionary tale....
...We see a 10 per cent upside potential in Korea, considering increasing dividends and improving corporate governance,” says Heo Pil-seok, head of Midas International Asset Management....
...“They are bound to increase dividends, given their limited investment opportunities and excessive cash reserves that reduce their return on earnings,” says Heo Pil-seok, head of Midas International Asset...
...“We see some meaningful changes in terms of shareholder return,” says Heo Pil-seok, president of Midas International Asset Management....
...“Not many people think that the Kospi’s [Korea Composite Stock Price index] upside potential is as big as it used to be, given the economy’s lower growth rate and rapidly ageing population,” says Heo Pil-seok...
...However, Heo Pil-seok, president of Midas International Asset Management, cautions that there is no guarantee that excess cash will be returned to shareholders any time soon while the earnings visibility...
...“Conditions are ripe for Korea’s stock market to recover its relative strength,” says Noh Keun-hwan, analyst at Korea Investment & Securities, citing the market’s “excessive” discount rates....
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