"Excessive Stock Price Correction" Samsung Electronics, Target Price 370,000 Won... Daewoo E&C, Confident in Large-Scale New Orders [Stocktopia]

/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty.
Daewoo Engineering & Construction's target stock price has been raised, driven by expectations of large-scale overseas orders for nuclear power and liquefied natural gas (LNG) projects, as well as improvements in housing cost ratios.
Samyang Foods received an evaluation that high growth would continue as Europe emerges as a new growth axis following the U.
S.
/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty./Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty.Samsung Electronics: Focus on Performance as Uncertainty Increases (Mirae Asset Securities) ◆ Samsung Electronics (005930) ― Mirae Asset Securities / Analyst Kim Young-geon - Target Price: 370,000 KRW (Maintain) | Previous Day's Closing Price: 257,000 KRW - Investment Opinion: Buy (Maintain) Mirae Asset Securities maintained its target price of 370,000 KRW for Samsung Electronics, stating that the recent decline in the stock price is an excessive reaction to macroeconomic uncertainty.0%.
3x, respectively.
" Kim further emphasized that "the greater the uncertainty in the capital market environment, the more necessary it is to focus on high performance," highlighting the fact that Samsung Electronics has disclosed shareholder returns worth 90 to 110 trillion won this year.
Mirae Asset Securities stated that it visited seven local semiconductor companies in China from August 17 to 22 and identified customer-tailored High Bandwidth Memory (Custom HBM) technology as the key to re-evaluating Samsung Electronics' corporate value.
In particular, by stacking memory directly on top of the computing chip (XPU) without an intermediate substrate, it reduces power consumption by approximately 70%.
Regarding 'zHBM,' Researcher Kim assessed it as "a technology that only Samsung Electronics, which possesses memory, advanced foundry, and advanced packaging, can internalize.
" ※ Macroeconomic Uncertainty This refers to a situation where it is difficult to predict the direction of macroeconomic indicators that determine the flow of a nation or the entire global economy, such as interest rates, exchange rates, prices, and economic growth rates.
Recently, as concerns about economic recession in major countries and volatility in interest rate policies have come to the fore, these factors are acting as dampening investment sentiment across the stock market, regardless of the performance or competitiveness of individual companies.※ High Bandwidth Memory (HBM) This is a high-performance DRAM created by stacking multiple layers of DRAM—the memory used by computers for operations—and connecting them vertically by drilling tiny holes between the chips.Characterized by significantly widening the data transmission channel compared to standard DRAM to increase speed and reduce power consumption, it is an indispensable component in AI accelerators such as NVIDIA Graphics Processing Units (GPUs).4%, from 7,300 won) | Previous Day's Closing Price: 17,620 won Hanwha Investment & Securities raised its target price for Daewoo E&C to 22,000 won, stating that the company is recovering momentum from large-scale projects, overcoming concerns over a lack of orders.Daewoo E&C has significantly raised its new order target for this year from the previous 18 trillion won to 27 trillion won.
/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty./Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty." She further projected, "It is clearly positive in that the order backlog, which had been shrinking due to the absence of large-scale overseas orders since 2021, is expected to rebound." Earnings are also supporting this.
4% and a significant reduction in bad debt expenses.
" Kim further emphasized that "the greater the uncertainty in the capital market environment, the more necessary it is to focus on high performance," highlighting the fact that Samsung Electronics has disclosed shareholder returns worth 90 to 110 trillion won this year.
" ※Cost Ratio This is the ratio of construction costs to revenue.
If 78 won was spent on materials and labor for every 100 won of an apartment sold, the cost ratio is 78%; the lower this figure, the greater the profit a construction company makes.
8 million won for Samyang Foods, stating that Europe is emerging as a new growth axis following the U.
S.and China.7% increase year-on-year, and notably, exports to Europe exceeded 100 billion won for the first time on a quarterly basis.
/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty./Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty.S.and South American countries.
" "It is underperforming," they explained, adding, "Given that sales countries and distribution networks within Europe are currently limited, there is significant growth potential driven by increased penetration.
" Kim further emphasized that "the greater the uncertainty in the capital market environment, the more necessary it is to focus on high performance," highlighting the fact that Samsung Electronics has disclosed shareholder returns worth 90 to 110 trillion won this year.
" This implies that since Europeans still consume 'less' ramen, there is ample room for growth as the market penetrates further.
The new factory in China, set to begin trial operations early next year, was also cited as a mid-to-long-term growth engine.
Researcher Shim analyzed, "Once local production in China begins in earnest, the spare production capacity at the Miryang factory can be utilized to target the US and European markets.
" The assessment is that global consumer preference for the Buldak brand remains robust.
/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty./Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of August 26. An analysis suggests that while Samsung Electronics' record-breaking shareholder returns are supporting the downside of the stock price, the recent decline is an excessive reaction to macroeconomic uncertainty.
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