The stock price of Jeonjin Construction Robot, expected to benefit from reconstruction projects if the war between Russia and Ukraine ends, is showing strength.
As of 10:47 AM on the 19th, Jeonjin Construction Robot was trading at 29,550 KRW, up 1,850 KRW (6.68%) from the previous trading day.
On the same day, the CTT Research Center stated, "Donald Trump, the President-elect of the United States, pledged during his campaign to end the war between Ukraine and Russia immediately upon election. He has continued to strongly express his intention to end the war after his election." They added, "A special envoy for ceasefire negotiations is scheduled to visit Ukraine and Europe in early January next year. It is expected that ceasefire and reconstruction projects will rapidly progress around January 20 next year, the inauguration day of President-elect Trump."
The Shinhan Investment Corp Research Center selected Jeonjin Construction Robot as a recommended small to mid-cap stock, stating, "As a dominant player in the North American Concrete Pump Car (CPC) market with a 25% market share, further growth is expected." They also noted, "The sales proportion of large products over 50m is increasing, maintaining an operating profit margin around 20%." Additionally, they added, "The company has announced a dividend payout ratio of at least 50% for three years, expecting a dividend yield of 5-6%."
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