andy
Dec 09, 2024 18:03
Delete?

Samsung's Stock Plunge Explained

In this video, we explore the recent drop in Samsung Electronics' stock price to 49,900 won, matching its value during the COVID pandemic. Discover the reasons behind foreign investors' selling and the impact of short selling being banned. Get the latest insights into the market trends affecting this tech giant.
(p1) Yes, its unfortunate. I never expected it would fall to Samsung Electronics.
(p2) It dropped to 49,900 won on the 14th.
(p3) This is the same price as it was five years ago during the COVID period.
(p4) The PER is calculated at 9.0, but there may be slight differences with other statistics as it is divided by the results of the last four quarters.
(p5) The red line represents the foreign ownership percentage, while the blue line represents the stock price.
(p6) Foreign investors have been continually selling, but the temporary halt in stock price decline was due to domestic retail investors supporting it.
(p7) Now that short selling is banned, the average purchase price for foreigners is likely higher than 50,000 won. They seem to be cutting losses regardless of their average purchase price because they anticipate a higher exchange rate and have a bleak outlook for the future. Thats all I have to say.
Youtube Link - Issue Tracker