POPA Recon[Before that] Semiconductor, if you look at past HMM cases, is this the top?
[Before that] Semiconductor, if you look at past HMM cases, is this the top? Hello, I'm Lee Eun-taek of KB Securities' asset allocation and stock strategy. 1) In January, we wrote several data comparing the similarities between "memory semiconductors" and "pandemic-era container ships" over-order cycles. 2) Now semiconductors have reached their HMM highs at the time. However, there was a special factor in the decline in HMM shares at the time: a massive CB dilution. 3) HMM profits have surged since then for nearly a year. Therefore, HMM stock price flows alone cannot determine memory semic…
The excerpt is quoted from a public Telegram channel, which owns its text.