Wednesday, March 29, 2017

Rise in LG Display, first quarter operating profit forecast



[Goyounghun financial newspaper reporter Korea] and LG Display recorded a rise in first-quarter earnings expectations.

29 days 9:37 a.m. LG Display are trading at 30,050 won more than the previous day rose 850 won (2.91%).

Eastern Securities estimates 1Q12 operating profit of more than 1 trillion won LG Display beyond the market consensus of 880.3 billion won. Investment is the purchase price target was maintained for 42,000 won.

Dongbu Securities Issues viscosity researchers explained, "the panel's a good situation, prices are kept only doedo there is a large panel prices rising slightly more than 46 inches per month," it "will reveal that the views of the conservative theorists are wrong."

Following Issues researchers added that find recent sales situation and check the display market haebwado gone wrong how such prejudices.

In addition, over the set price and the panel price rate of demand growth △ Large Product exceeding the growth in supply △ △ investment point decrease toward the second half of the price upside potential such as OLED TV presented a loss.



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