Samsung Electronics drops 2% on the disappointment of profits … The lowest after the liquidation division (full)



[ad_1]

The stock price fell more than 2% on the 6th day due to the fact that Samsung Electronics [005930] outperformed the market consensus in the second quarter of this year. As a result, the share price of Samsung Electronics has dropped to its lowest level since the division of par value.

In the securities market, Samsung Electronics closed the session at 44,900 won, down 2.29% from the previous trading day.

This is the lowest level since the resumption of transactions on May 4 by liquidation.

Samsung Electronics moves at the beginning of the year, but it decided to sell foreigners and institutions.

Aliens sold shares of Samsung Electronics worth 2.18 billion W, sold for two consecutive trading days,

However, the individual net worth invested of 222.4 billion won.

First, the preliminary results of Samsung Electronics at 2Q09 are below market expectations

Samsung Electronics reported that its preliminary operating profit at 2Q09 was $ 14.8 trillion. wons

It was 5.2% higher than the same period last year (14.67 trillion won), but it was 5.4% higher than the highest quarterly gains of the previous quarter (15.642 billion won)

In the 4th, the number of 21 brokerage operating profit forecasts was lower than the consensus estimate of 15.27 trillion won

Samsung Electronics sales in the second quarter were have been estimated at W58trn. This is down 4.9% from the same period last year (61 trillion won) and down 4.2% from the previous quarter.

Some securities firms lowered their target price for Samsung Electronics. Song Myeong-seop, a researcher at Hai Investment & Securities, said Samsung Electronics's target price has gone from KRW 60,000 to KRW 55,500. "Concerns about stagnant sales are more worrisome than operating profit.May be weaker than expected, but slow sales could mean slowing demand or weakening product competitiveness."

Song Researcher Added: "A downgrading of valuation is inevitable given the recent US trade war and the slowdown in the semiconductor industry."

However, the profits of Samsung Electronics are expected to improve in the third quarter.

Kim Kyung-min, a securities researcher at Daishin Securities, said: "The stock price should not fall further in the second half, and we are maintaining BUY with a target price of 63,000 KRW

Kim said, "The NAND IT and mobile (IM) and semiconductor sectors are uncertain, but we think that the investment sentiment is positive because the DRAM market is solid and the stock prices of the DRAM suppliers are maintained in commercial litigation.

Do Hyun Woo, researcher at NHN Investment & Securities, also said: "We expect 2T earnings to be somewhat gloomy, but operating profit should reach 17.1 trillion won in the third quarter, "This is a good opportunity to buy."

Lee Jae-yoon, an badyst at Yuhan Securities, said: "Samsung's share price has dropped 11% since the beginning of the year because of the low earnings and earnings Concerns about trade disputes The price of the stock has been fully reflected in the price of the stock and should be successful in the third quarter. "The target price remained at 76,000 won.

[email protected]

2018/07/06 16:10 delivery

[ad_2]
Source link