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

South Korea

Easy Holdings Co., Ltd. operates as a biotechnology company. The Company develops, manufactures and commercializes animal nutrition, animal health, and environment care products. Easy Holdings markets its products throughout Korea.

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Easy Holdings (035810 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

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