[Korea goyounghun financial newspaper reporter] instead of securities on the 17th to benefit from medium-term plan of the Defense Ministry of Defense's most anticipated doendamyeo for LIG Nex1 reiterate BUY with a target price of 90,000 won and kept.
Lee Jiyun Daishin Securities Research Institute, "Defense '18 to 22 'gaeseonbi said it would enforce the defense budget over the next five years, 238.2 trillion won and 78.2 trillion won in the defense budget over the medium-term defense plan" and "This is '17 to 21' Defense defense against medium-term plan is 5%, defense gaeseonbi explained that increase of 7%. "
The researchers "The defense medium-term plan is Korean three-axis system build (keel chain, Korean missile defenses, mass eungjik retaliation System) budget increase and premature consumption for becomes treated as highlights in progress aiming to 2025 Korean missile defenses were decided to accelerate the building 3-axis systems, such as project time by 2022, "he said.
He also said "the relevant beneficiaries of LIG Nex1 seems to have been greatest among companies that they will be accelerated Oh firmament upgrades, Xuanwu long-distance zones Ball weapons development and production that goes" "related companies into the Hanwha (c ryeonjang rocket production overall, the weapons can be derived fuel production, promotion, etc.), LIG Nex1, Hanwha Defense (of Techwin subsidiary, Hanwha vehicle launchers production), Hanwha Techwin (Missile engines for the production) were diagnosed as such. "
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Monday, April 17, 2017
LIG Nex1, mid-term defense planning the biggest beneficiary - Daishin Securities
