Report
EUR 40.64 For Business Accounts Only

Korea Machinery: Upward momentum to continue

We inititate coverage on the Machinery sector with Overweight. 
 
 
Underlyings
Doosan Bobcat Inc.

Doosan Bobcat Inc. is a Korea-based company mainly engaged in the manufacture and distribution of construction machines. The products mainly consist of skid steer loaders, compact track loaders, mini excavators and others. The Company also manufactures portable power equipment including air compressors, light towers, generators, among others. The Company sells its products within domestic market and to overseas markets.

Doosan Infracore Co. Ltd

Doosan Infracore is machinery manufacturing group based in South Korea. Co. is engaged in the manufacture of civil engineering machinery and similar machine equipment such as heavy construction machines. Co.'s products are excavators, wheel loaders, tower cranes and concrete pump trucks, engines, transmissions systems, hydraulic systems and electric generators. Co.'s product offering is organized along three divisions: Construction Equipment (excavators, wheel loaders, dump trucks, equipment); Machine Tools (turning and machining centers, boring mills); and Engines (generator, off-highway, agricultural, marine diesel engines and materials).

Hyundai Construction Equipment

Hyundai Construction Equipment is engaged in manufacture and distribution of construction equipment. Co.'s product include rawler tractors, backhoe loader, hydraulic excavators, wheel loaders, and forklift trucks.

Provider
Hyundai Motor Investment & Securities
Hyundai Motor Investment & Securities

Hyundai Motor Investment & Securities is the investment banking arm of the Hyundai Motor Group. The company offers stock brokerage and advisory services; derivative products brokerage and advisory services; wrap account portfolio management services; and VIP wealth management and tax planning, institutional equities, derivatives, and futures brokerage services, as well as sells investment and institutional products. It also provides equity offering, ABS, real estate PF and real estate PF securitization, offshore SOC, structured financing, asset securitization, real estate sales, IPO advisory, and private equity fund and fund management services; and CMA/RP portfolio management and fixed income based investments, as well as involved in the issuance, management, and brokerage of OTC derivatives. In addition, the company offers research services, including macro economic forecasts and stock market outlook, industry overviews and forecasts, fixed income strategies, corporate credit analysis, and valuation analysis. Further, it offers a range of retirement and pension services for individuals and corporate members; portfolios and asset allocation consulting and marketing services; proposing retirement pension plans; contract and payment management services; pension plan advisory and actuarial services; and system development and implementation services, as well as operates call centers for retirement pension services, etc. 

Analysts
Jung-hwan Sung

Other Reports on these Companies
Other Reports from Hyundai Motor Investment & Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch