Dongbu Securities released their long-term view on SM stocks & said to BUY partly because of TVXQ’s discharge by next August and their possible Japanese tour, so until 2018, there would be growth security which meant that in the long-term it would be good as ever:

{t/n: only TVXQ-related translation}

Kwon Yoon Gu, Dongbu Securities researcher said analysis had shown that ” -details on other groups’ concerts omitted- including next August when all of TVXQ are discharged, there is a possibility of a Japan dome tour that half of the year. So from the growth security until 2018, in the long-term, it would be good as ever (on SM’s investment prospects).

Also he explained that “from the 2nd of last month, SM had successfully carried out the enlisted TVXQ’s film concerts in Japan”, adding that “until November, past concerts, interviews and unreleased footage will be screened in live houses and small theatres etc in 47 Japanese prefectures. And also, “although currently the detailed itinerary is not finalised, about the 31 concerts from Akita concert in September, assuming it is 1 concert per day with an overall 161 concerts, it is expected that about 140,000 concert-goers can be mobilised.” Adding that “When including the 18 concerts with 13,000 (concert-goers) carried out by the 4th quarter, it is anticipated to form a great part of this year’s results.”
Researcher Kwon said “nevertheless, it won’t contribute much to the results. This is because the expected recognized concert-goer numbers for this year is 126,000 and considering ticket prices are at 3,800¥, ticket sales would only just be 480million yen (4억8000만엔), adding that “despite, considering fans’ loyalties can be retained despite the hiatus, after discharge, it is expected that a large-scale tour would be able to be successfully held in Japan.”

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Credits:

이데일리 Edaily,
Translated by @snxy: 1 and 2,
Shared by TVXQ! Express