[Click eStock] "SeKyung Hi-Tech, New Opportunity Amid Excessive Concerns"

Meritz Securities analyzed on the 20th that it is time to seek new opportunities amid excessive concerns regarding Sekyung Hi-Tech.

Yang Seung-su, a researcher at Meritz Securities, explained in a report on the same day, "Due to the failure of foldable devices to gain popularity this year, the stock price of related companies, including Sekyung Hi-Tech, has fallen by 49.3% from its peak," adding, "The performance trend of a high start and low finish caused by this failure is regrettable."

However, he predicted, "Despite concerns, a relatively favorable performance trend is expected, and based on its monopolistic position, there is a high possibility of joining the supply chain if North American companies enter the market," and analyzed, "Also, sales from new materials of Sesmat, a secondary battery subsidiary related to thermal runaway prevention that has recently attracted market attention, are likely to occur within the second half of the year."

He added, "Accordingly, we recommend increasing the weighting of the company’s stock," and emphasized, "Excessive concerns about the industry should be utilized as an opportunity."

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