Kakao is trading at 380,000 won as of 11:30 AM on the 23rd, up 1.06% from the previous day. The trading volume is 403,983 shares, which is 46.47% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.


On December 21, Jaeho Choi, a researcher at DS Investment & Securities, stated, "The value has been upgraded due to growth in major business sectors such as TalkBoard advertising and commerce, as well as high growth in Piccoma and Page, along with profitability expansion in new business sectors such as Bank, Pay, and Mobility. Explosive external growth is appearing in all company business units, and the profit leverage effect is fully emerging as deficit subsidiaries turn profitable. Sharp sales increases are outpacing cost growth, significantly improving operating profit and operating profit margin." He set Kakao's target price at 490,000 won.


Over the past five days, individual investors have net sold 420,783 shares of Kakao, while foreigners and institutions have net bought 138,573 shares and 304,989 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an article auto-generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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