[증시 키워드] Hanmi Semiconductor’s share price rises in the semiconductor supercycle… LG Electronics’ share price after closing the mobile phone business?

The keywords for the domestic stock market on the 6th are #Samsung Electronics #HMM #Celltrion #LG Electronics #Hanmi Semiconductor.

Samsung Electronics climbed for three consecutive trading days, and the stock price exceeded 85,000 won for the first time since February 25th. Individual investors have returned to net buying after 3 trading days, and foreigners are continuing their buying trend for 3 consecutive trading days.

In particular, the buying trend of foreigners is outstanding. As of this month, foreigners’ net purchase of Samsung Electronics amounted to 840 billion won, which is considered the most bought stock in the last three trading days. This is because expectations for 1Q earnings, which are scheduled to be released tomorrow, are growing.

It is interpreted by the impact of expectations ahead of the announcement of provisional earnings for the first quarter of the 7th. The stock market is also steadily raising the eye level of Samsung Electronics’ earnings.

On the 31st of last month, Shinhan Investment & Securities projected an operating profit of KRW 920 trillion for the first quarter, and Eugene Investment & Securities and Kiwoom Securities presented KRW 9.2 trillion. Cape Investment & Securities and Hi Investment & Securities have forecasts of 9.3 trillion won and 9.5 trillion won respectively. Hyundai Motor Securities offered 10 trillion won.

Park Yoo-ak, a researcher at Kiwoom Securities, said, “We believe that the DRAM and NAND divisions, which have entered a full-fledged price rebound cycle, will increase significantly.” It is expected to record a deficit, but there is a possibility that one-off profits such as the same period last year will be reflected.”

HMM’s stock price, which had been adjusted according to the sharp rise, is now ready to rise again. On the previous day’s stock market, HMM ended the deal at 28,750 won, an increase of 2.50% (700 won). Foreign investors raised the stock price by net buying 13 billion won.

The company’s share price is forecast to improve due to an increase in shipping freight rates, and a combination of factors such as new stocks (CB) and incorporation into the Morgan Stanley Capital International (MSCI) index are expected to determine the future share price trend.

According to the financial investment industry, HMM’s CB (240 billion won) stock conversion application rate reached 97% as of the end of March. The inclusion of the MSCI index is also considered a variable. On the 12th of next month, MSCI’s May half-year review is scheduled to be announced. If the stock is changed on this day, it will be reflected in the MSCI index after the close on the 27th. Stock prices are highly likely to be incorporating HMM.

Celltrion showed a sharp rise in anticipation for expansion in the European and Chinese markets, but it seems to have been adjusted since the second half of last week. The previous day also fell 3.90% (12,500 won) to 308,000 won. It is closed for two days in a row.

On the 26th of last month (local time), Celltrion obtained an opinion recommending the use of Corona 19 treatment, Rekirona, from the European Medicines Agency (EMA) before approval for regular foods. This means that countries in Europe can use Rekirona as needed before official permission.

In addition, the personnel conducted at the end of last month include personnel for re-entering the Chinese market, and expectations for this are also rising. To this end, president-level personnel were dispatched as representatives. The plan is to start a full-fledged restart in China, which was postponed due to the Corona 19 incident.

The stock that received the most attention in the stock market the previous day was LG Electronics. LG Electronics announced the withdrawal of the smartphone business the day before. Although positive evaluation continues in the market, the stock price closed at 154500 won the day before, dropping 2.52% (4,000 won).

Cho Cheol-hee, a researcher at Korea Investment & Securities, emphasized, “We need to focus on mid- to long-term structural changes. We are reorganizing our business structure around future businesses such as automobile electronics, so we recommend buying when stock price adjustments due to the disappearance of short-term momentum.”

Ko Jeong-woo, a researcher at NH Investment & Securities, said, “As a result of the suspension of the smartphone business, annual sales this year decreased from 68.900 trillion won to 65.900 trillion won, while operating profit increased from 3.6 trillion won to 4.2 trillion won. It is expected to do it,” he estimated.

Hanmi Semiconductor, which has been posting orders successively and raising expectations for earnings improvement, is showing strength for the third consecutive trading day. In the stock market the previous day, Korea-US Semiconductor surged 11.70% (3,100 won), closing the deal at 29600 won. He touched 3,450 won during the week and changed the report price.

The news that Taiwan’s TSMC will invest $100 billion in semiconductors over the next three years is interpreted as stimulating two feelings. Securities prices also have a positive outlook for this stock.

Do-yeon Choi, a researcher at Shinhan Financial Investment, said, “The sales of Vision Placement, which is Hanmi Semiconductor’s flagship equipment and performs semiconductor package cutting, washing, and drying functions, are linked to facility investment by OSAT companies specializing in non-memory post-processing. “The investment of TSMC is very positive for Hanmi Semiconductor as it follows the facility investment of foundry companies.”