Sweeping 670 billion won for 2 trading days on 15-18
Buy Samsung Electronics Woo for the decision of Jae-Yong Lee
“Stock prices will rise in the long term”
Photo = Yonhap News
Recently, the KOSPI index sank to the 3000 line and was adjusted, but Samsung Electronics(86,900 -0.11%)The love calls of ants (individual investors) continued. During the two trading days, when the stock market fell, Samsung Electronics’ stocks were swept at 670 billion won. Experts predicted that Samsung Electronics’ stock price would rise right despite owner risk. According to the Korea Exchange on the 20th, Samsung Electronics stocks bought by individuals on the 15th and 18th, when the KOSPI fell sharply, amounted to 6764 billion won (763 million shares). Samsung Electronics also bought 122.4 billion won (1.57 million shares). Only Samsung Electronics and Samsung Electronics, which they bought for two days, are worth 79.8 billion won.
It can be interpreted that the ants that aimed to buy the lows began as the KOSPI sank to the beginning of the 3000 line and Samsung Electronics also increased its decline. Samsung Electronics’ share price level (valuation) has soared compared to earnings as it rose to 91,000 won based on the closing price on the 11th.
In addition, in the aftermath of the decision of Samsung Electronics Vice Chairman Lee Jae-yong’s sentence, individuals bought more Samsung Electronics than Samsung Electronics. On the 18th, individuals net bought Samsung Electronics for 44.2 billion won and 14.8 billion won for Samsung Electronics. It is interpreted that expectations for dividend expansion have affected individuals’ buying.
Experts put weight on that Samsung Electronics will show an upward trend in the long run. This is because profits are expected to steadily increase due to the booming semiconductor industry.
Kim Unho, a researcher at IBK Investment & Securities, said, “The semiconductor industry is expected to improve this year, centering on memory semiconductors, improve organic light-emitting diode (OLED) performance, increase LCD panel prices, and improve smartphone market share.” It is expected that the stock price will rise over time.”
Individuals’ purchasing power up to 204 trillion won… What is the possibility of churn?
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The support of individual funding capacity is also expected to have a positive impact on Samsung Electronics’ share price flow. The amount of net purchases made by individuals in the domestic stock market (KOSPI, KOSDAQ, KONEX) for about 12 trading days until the previous day of this year amounted to 3,7107 billion won.
According to NH Investment & Securities, Korean households spent 80% of their net savings on stock purchases in 2007. If Korean households spend 80% of their net savings on stock purchases this year, individuals’ net purchases will increase to 157 trillion won. In addition, if the household saving rate rises to 22.3% (2016), which was the highest level ever, it is expected to increase to 204 trillion won.
Young-Hwan Kim, a researcher at this securities firm, said, “Individual funds are playing a supporting role in the stock market, and individuals are still analyzed to have considerable financial power.”
However, if there is an adjustment of more than 20% compared to the peak, it is expected that personal funds can escape from the stock market. In the cases of 2009, 2011, and 2019, it is explained that when the KOSPI fell more than 20% from its peak, the outflow of personal funds started.
Lee Song-ryul, reporter Hankyung.com [email protected]
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