Longterm investment for SKHY?

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98.**.204.45   136   10   0  

To be honest, I don't know much about Korean stocks, but I studied a bit when investing in the ADR and jumped in with a pretty large position.

 

Since I had already been investing quite a bit in the US memory sector, I decided to go with Hynix for my additional purchases.

 

But as soon as I bought the ADR, I started seeing continuous losses, which makes me repeatedly think that a stock's price and a company's quality can diverge, even though my faith in Hynix as a company hasn't changed.

 

In particular, the Korean stock market is not that simple, and looking at the news now, macro issues are so heavily involved that keeping track of both the US and Korea is just too exhausting.

 

It also bothers me that SKHY has too high of a premium compared to the underlying local stock.

 

Fortunately, the price is getting close to my average cost today, so I'm tempted to just liquidate my position and go back to what I used to do—leaving my US semiconductor blue chips alone and steadily accumulating ETFs—even though my original intention was to hold onto this steadily until retirement.

 

I think my conviction has weakened a bit after seeing the losses grow over the past few days. I'm curious to know what those of you who are well-versed in Korean stocks think about this.



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  Comments 10
92.**.139.30 (Created at )   | Reply
You would have made a lot of money even if you had gotten in at the beginning of this year~ Only people like me who entered in June are getting burned. Of all times, I happened to get a lump sum of money right then ㅜㅜ
160.**.59.215 (Created at )   | Reply
I was also interested, so I looked it up, and out of 39 analysts, 34 are strong buy, and the target price is 233.89, with a maximum of 351.91. Minimum 118.18 -trading view
  159.**.235.169 (Created at )   0  
Most of the income of securities firm analysts depends on taking money from retail investors. Their opinion reports are completely meaningless.
172.**.68.157 (Created at )   | Reply
Since the Korean stock Hynix is around 1.8 million won, I'm thinking a fair price would be around 120 dollars if we assume an exchange rate of 1500, so I'm waiting.
151.**.155.154 (Created at )   | Reply
I made a profit by buying and selling twice and just bought back in. I think there will be a lot of ups and downs for a while, so I'm going to do some swing and day trading.
17.**.70.170 (Created at )   | Reply
Analyst target prices are all lies except for one or two. It seems there are only a few analysts who tell the truth.
113.**.194.240 (Created at )   | Reply
I wonder what the point of analysts' target prices is...
Even for MU, on the day its earnings came out amazing, analysts all raised their target prices to 1200–1500, and some even close to 2000. And the result?
It has kept sliding down and is now in the $800s, which is what we are seeing today...I wonder if analysts' target prices even mean anything... Even for MU, on the day its earnings came out amazingly, analysts all raised their target prices to 1200–1500, and some even raised them to nearly 2000. And the result? It kept sliding down and is now in the $800 range, which we are seeing right now...
180.**.178.151 (Created at )   | Reply
You mean it's frustrating because the company is clearly reliable and has investment value, but the stock price isn't moving the way you expected. I have another stock like that myself. So it's awkward to sell, but holding onto a large quantity brings a wave of frustration over losing out on opportunity costs.
128.**.91.102 (Created at )   | Reply
Last year, CEO Huang also told us not to buy and sell Nvidia...
56.**.208.219 (Created at )   | Reply
I heard Chey Tae-won said yesterday or so that Hynix stock will keep going up, so don't keep buying and selling and instead invest for the long term.
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