【出版时间及名称】:2009年12月韩国零售行业研究报告
【作者】:大宇证券
【文件格式】:PDF
【页数】:30
【目录或简介】:
Contents
I. Investment Summary .....................................................................................................3
1. More to spend in 2010.....................................................................................................3
2. Department stores to take the biggest incremental share ..............................................4
3. Overseas operations will add to the growth prospects ...................................................5
II. Valuation .......................................................................................................................6
Valuations: Korean retailers deserve the peak valuation....................................................6
Lotte Shopping (023530 KS).............................................................................................9
CJ O Shopping (035760 KQ) ..........................................................................................12
Hyundai Dept Store (069960 KS)....................................................................................15
Shinsegae (004170 KS)..................................................................................................18
GS Home Shopping (028150 KQ)...................................................................................21
Lotte Midopa (004010 KS) ..............................................................................................24
Gwangju Shinsegae (037710 KS)...................................................................................26
Hyundai DSF (016510 KS)..............................................................................................28
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