"The SK hynix shares my mom bought for 30,000 won are now worth 900 million won"... Post boasting 3,000% return goes viral

[The Financial News] A story about SK hynix shares that a mother bought long ago in an account under her child’s name, telling them to use it later as marriage funds, has gone viral after it was revealed the investment generated a return of more than 3,000%.

On the 16th, a post titled "My parents prepared my marriage funds with SK hynix" began spreading across several online communities.
The author, identified as A, shared a screenshot of their securities account and wrote, "On a day when my mom knew nothing about stocks, she took me to a securities firm to open an account, put in just under 30 million won, and bought SK hynix shares for me."
According to the account details A disclosed, the SK hynix holding is 782 shares, with a purchase price of 33,554 won per share and a current price of 1,146,000 won. The valuation stands at 896.172 million won, with a profit of 869.932129 million won, representing a staggering return of 3,315%.
A wrote, "She told me to use it later to help with my marriage funds, but I still haven’t gotten married, so the shares are still there as they are," adding, "I’m so grateful, and my mom was really amazing back then. Even now, I tell her every day how thankful I am. I will be good to her."
Netizens who saw the post reacted by saying, "To make that kind of huge profit, you have to buy it and then forget about it, like Jeon Won-ju did," "It’s incredible that they didn’t sell any along the way and held on to all of it," "Enduring the ups and downs is a skill in itself," "If your mom bought those shares specifically for your marriage funds, it’s hard to sell just because the price went up for a while. She really invested wisely," and "You really should repay your mom for this."

Meanwhile, according to FnGuide, the consensus forecast (average of brokerage estimates) for SK hynix’s first-quarter results is 4.66252 trillion won in sales and 3.15627 trillion won in operating profit. This would surpass the company’s previous record set in the fourth quarter of last year, when it posted 3.28 trillion won in sales and 1.91 trillion won in operating profit.
Major securities firms are projecting that SK hynix will usher in an era of 4 trillion won in operating profit.
KB Securities estimated SK hynix’s first-quarter operating profit at 4 trillion won and set a target price of 1.9 million won. Heungkuk Securities raised its target price to 1.4 million won, while Kiwoom Securities projected first-quarter operating profit at 4.03 trillion won.
newssu@fnnews.com Kim Su-yeon Reporter