Kakao, Stock Price +0.82% at This Time... Foreigners Net Buy 813,460 Shares in Last 5 Days

As of 9:30 AM on the 15th, Kakao is trading at 493,500 KRW, up 0.82% from the previous day. The trading volume is 324,528 shares, which is 18.03% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On February 10th, Jaemin Ahn, a researcher at NH Investment & Securities, stated, "With the advertising business centered on Kakao Bizboard and the commerce business of Gift and Talk Store leading growth, the high growth of webtoons, mobility, and payment businesses is also expected to drive overall revenue and operating profit growth. Revenue for 2021 is projected at 5.41 trillion KRW (+30.0% y-y), and operating profit at 800.8 billion KRW (+75.6% y-y). The cash cow Talk Biz, significant revenue growth in webtoons in Korea and Japan, and profitability improvements in mobility and payment businesses will show meaningful growth." He set Kakao's target price at 600,000 KRW.

Over the past five days, individual investors have net sold 772,604 shares of Kakao, while foreigners and institutions have net bought 813,460 shares and net sold 26,210 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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