Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Equity Bottom-Up

<p>It is estimated that more than 20 million chickens (and ducks) have been culled in Korea in the past several weeks, representing about 12% of all poultry in Korea and this has set a new record. Egg prices have been soaring (up about 25% in the past month) and many Korean consumers have been avoiding eating chicken. In Korea, there are more than 50,000 chicken related franchise restaurants and stores (and thousands of more restaurants that are negatively impacted by lower chicken related sales). </p><p>…</p>

It is estimated that more than 20 million chickens (and ducks) have been culled in Korea in the past several weeks, representing about 12% of all poultry in Korea and this has set a new record. Egg prices have been soaring (up about 25% in the past month) and many Korean consumers have been avoiding eating chicken. In Korea, there are more than 50,000 chicken related franchise restaurants and stores (and thousands of more restaurants that are negatively impacted by lower chicken related sales). …

20 Million Chickens (And Ducks) Culled in Korea

Thematic (Sector/Industry)

<ul><li>We highlight 9 major new innovative products in the Korean F&amp;B sector introduced in the past six months that are having significant impact on the consumer buying patterns.  </li><li>Bottom line is that the companies that are introducing innovative food products that consumers like often end up with higher share prices. Average share prices of the eight companies with new, recent innovative food products (excluding <a href="https://www.smartkarma.com/entities/22709" target="_blank" data-smartkarma-citation="entities:22709">Haitai Confectionery &amp; Foods</a> , which has had a phenomenal post IPO performance) are up 2% YTD, outperforming KOSPI which is down 0.3% YTD. </li><li>Recent, new innovative products in the Korean F&amp;B sector include <a href="https://www.smartkarma.com/entities/7615" target="_blank" data-smartkarma-citation="entities:7615">Orion Corp</a> 's Choco Banana Pie, <a href="https://www.smartkarma.com/entities/22709" target="_blank" data-smartkarma-citation="entities:22709">Haitai Confectionery &amp; Foods</a> 's Takoyaki Balls, <a href="https://www.smartkarma.com/entities/1970" target="_blank" data-smartkarma-citation="entities:1970">Cj Cheiljedang Corp</a> 's Petitzel Eclair, and <a href="https://www.smartkarma.com/entities/16050" target="_blank" data-smartkarma-citation="entities:16050">Lotte Confectionery Co Ltd</a> 's Mongshell Choco Banana. </li></ul>

We highlight 9 major new innovative products in the Korean F&amp;B sector introduced in the past six months that are having significant impact on the consumer buying patterns.  Bottom line is that the companies that are introducing innovative food products that consumers like often end up with higher share prices. Average share prices of the eight companies with new, recent innovative food products (excluding Haitai Confectionery &amp; Foods , which has had a phenomenal post IPO performance) are up 2% YTD, outperforming KOSPI which is down 0.3% YTD. Recent, new innovative products in the Korean F&amp;B sector include Orion Corp 's Choco Banana Pie, Haitai Confectionery &amp; Foods 's Takoyaki Balls, Cj Cheiljedang Corp 's Petitzel Eclair, and Lotte Confectionery Co Ltd 's Mongshell Choco Banana. 

Innovative Foods = Portfolio Outperformance

South Korea

Hanil Feed Co., Ltd. manufactures and markets formulated animal feedstuff. The Company's products include mixed feeds, single grain feeds, and feed supplements for cattle, dairy cows, hogs, and poultry.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Hanil Feed (005860 KS)

20 Million Chickens (And Ducks) Culled in Korea

It is estimated that more than 20 million chickens (and ducks) have been culled in Korea in the past several weeks, representing about 12% of all...

Douglas Kim

Innovative Foods = Portfolio Outperformance

We highlight 9 major new innovative products in the Korean F&B sector introduced in the past six months that are having significant impact on...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)