[Korea hyerin nine financial newspaper reporter] Kiwoom saying it undervalued the stock price is excessive for the 28 days recommended the Korea Electric Power overweight. Our target price was maintained for ₩ 61,000.
Kiwoom gimsanggu researchers' fair value net of Korea Electric Power is determined to be around 5 trillion won, good fundamentals and the power industry reform is judged by excessive valuation range relative to the movement, said, "Due to the development mix improvements, fuel prices stable trend net profit in 2017 is likely to exceed the acceptable level, he said.
Kim researchers' In political terms the presidential election, the power supply master plan, energy tax, environmental feed, are mixed positive factors such as electricity purchase a sliding scale and negative factors, "said," as well as the power grid issue of environmental improvement and social cost allocation the power policy changes with a focus on reliability is expected, he said.
Renewable particularly expected to open markets and power system reform to establish a stable system operation by 2020 wind power is expected to increase to 2-4% of the total power generation is inevitable.
Kim researchers' intermittent wind output fluctuations that are directly connected with the stability problem of the power system, build a flexible demand controlled system that can respond to rapid output changes when based on the British market open cases is possible to build through the open market and sell competing Show because 'saying,' open markets and competitive expansion is expected to have a positive impact, such as policies to improve transparency, stability, performance, and determines the time needed to prepare for the mid- and long-term approach changes "he added.
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
Tuesday, February 28, 2017
Korea Electric Power, excessive undervaluation ... Overweight recommendation - Kiwoom
Hyundai Mipo Dockyard Korea, Korea Electric Power '29 once Labor-Management Cooperation Awards' Award
[Korea financial newspaper stand hyomun News] Korea Employers Federation, which is in 'The 29th Korea Labor-Management Cooperation Awards' ceremony Hyundai Mipo Dockyard and organized by the Korea Electric Power Corporation won the destination. Prize was jointly awarded the Seoul Line 9 Operation (shares) and file divider, Ltd. The awards are open 28 days bakbyeongwon Employers Federation president, was held yigigwon the Ministry of Employment and Labor Ministers, members of the KEF official 250 people attended.
Hyundai Mipo Dockyard won the Target supports the unions direct ship orders in the shipbuilding recent recession was highly appreciated that the compromise achieved in the labor dispute-free continuous 20 years. Korea Electric Power Corporation, a joint target after winning founded in 1946 to achieve the dispute-free labor power for 71 years and clinch a stable power supply and efficient management performance as a cooperative industrial relations.
Winner of the Excellence in Seoul Line 9 Operation (Note) has created a work culture in which employees can participate in a voluntary quality initiatives. Excellence also jointly file an acid, Ltd is communicating with employees based on the management philosophy of open communication and transparent management and sharing activities have been practiced in society.
KEF "Korea Labor-Management Cooperation target has been contributing to the cooperative labor-management culture spread by annual awards, encouragement year detailing the evolution of growth and enterprise through labor-management cooperation" and "continue strengthening its competitiveness through sound labor-management culture in the industry and said it will continue to try to help the national economy. "
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com