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Huchems: A Company That Gives You Solace

Sep. 09, 2019 3:36 AM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.


  • We initiate coverage of Huchems with BUY and a target price of KRW27,000.
  • Capacity expansion for nitric acid and MNB as well as the rising price of carbon emission permits should provide strong earnings momentum going forward.
  • We recommend investors to buy and hold the shares.


Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Hyundai Motor Company is a passive shareholder in our bank.

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