SK Securities "SM Enter, 4Q08 positive outlook...targets"

According to Jeon Young-hyun, the researcher, SM Enters consolidated operating profit in the third quarter increased by 64% to 19.9 billion won, far exceeding the consensus (15.5 billion won).The new albums of the group EXO have achieved good results and the soundtrack sales at home and abroad have continued to grow at a high rate, said the former researcher. The performance of listed subsidiaries has also improved, .In the fourth quarter of this year, Super Juniors comeback, TVXQ and EXOs Japan tour will be able to sell 2.9 million domestic albums and mobilize 600,000 Japanese performers. SM Enter has the most prominent short-term earnings momentum in the industry. He said.Considering that the current shareholder-friendly policy is under review, it is highly likely that favorable shareholder policies such as dividends and treasury stock purchases will be announced in the future.SM Enter will continue its abundant investment momentum until next year.

According to Jeon Young-hyun, the researcher, "SM Enter's consolidated operating profit in the third quarter increased by 64% to 19.9 billion won, far exceeding the consensus (15.5 billion won).

"The new albums of the group EXO have achieved good results and the soundtrack sales at home and abroad have continued to grow at a high rate," said the former researcher. "The performance of listed subsidiaries has also improved, .

"In the fourth quarter of this year, Super Junior's comeback, TVXQ and EXO's Japan tour will be able to sell 2.9 million domestic albums and mobilize 600,000 Japanese performers." SM Enter has the most prominent short-term earnings momentum in the industry. "He said.

"Considering that the current shareholder-friendly policy is under review, it is highly likely that favorable shareholder policies such as dividends and treasury stock purchases will be announced in the future."

"SM Enter will continue its abundant investment momentum until next year."