About three months ago, SK Group Chairman Choi Tae-won proposed “holding” SK Hynix shares. However, the current price of the stock is still high and has fallen by nearly 60%. Many retail investors entering the market close to high positions are deeply entrenched and have fallen into a situation where they are neither afraid to cut meat nor are they able to increase their positions. High-ranking retail investors concentrated on buying became the main losers. From April to June, the stock market was in the high range. The total net purchase volume of individual investors was 31.5 trillion won; of these, the June stock price reached a record high, with retail investors making net purchases of 15.63 trillion won in a single month. Even though the stock price plummeted from 2.5 million won to 1.3 million won in July, retail investors still made a net purchase of 9.001 trillion won, continuously diluting the cost of holding positions. However, the subsequent stock price dropped further to around 1.2 million won, and the dilution operation did not allow them to avoid losses. According to NH Investment Securities data, as of October 19, 74.18% of investors holding SK Hynix were in a state of loss. According to Merrill Lynch's closing price, the stock is expected to have a net market ratio of only 1.10 times next year, which is at an all-time low; if stronger shareholder return measures are introduced, it is expected to highlight the valuation depression.
Zhitongcaijing · 1d ago
Share
Listen to the news
About three months ago, SK Group Chairman Choi Tae-won proposed “holding” SK Hynix shares. However, the current price of the stock is still high and has fallen by nearly 60%. Many retail investors entering the market close to high positions are deeply entrenched and have fallen into a situation where they are neither afraid to cut meat nor are they able to increase their positions. High-ranking retail investors concentrated on buying became the main losers. From April to June, the stock market was in the high range. The total net purchase volume of individual investors was 31.5 trillion won; of these, the June stock price reached a record high, with retail investors making net purchases of 15.63 trillion won in a single month. Even though the stock price plummeted from 2.5 million won to 1.3 million won in July, retail investors still made a net purchase of 9.001 trillion won, continuously diluting the cost of holding positions. However, the subsequent stock price dropped further to around 1.2 million won, and the dilution operation did not allow them to avoid losses. According to NH Investment Securities data, as of October 19, 74.18% of investors holding SK Hynix were in a state of loss. According to Merrill Lynch's closing price, the stock is expected to have a net market ratio of only 1.10 times next year, which is at an all-time low; if stronger shareholder return measures are introduced, it is expected to highlight the valuation depression.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending