yumoo
43 posts
@DheerajNam @TupleJ @UncleAlpha007 Any reason as to why 000660 went up 3% and HY9H is down if theyre both tracking the same underlying ?
English
@yumoate @TupleJ @UncleAlpha007 Yes, If 000660 moves in Korea first, HY9H should catch up when Frankfurt opens, adjusted for EUR/KRW and GDR liquidity. But if Korea is closed and Frankfurt is open, HY9H becomes the first tradable proxy and can “pre-price” what 000660 may do when KRX reopens. OG listing is best.
English
$000660 $402340 are going to go CRAZY tonight
After $MU stock move today, SK Hynix market cap is now lower than $MU DESPITE doing 2x profits
English
yumoo retweetledi
Nobody buying SK Hynix tonight will remember how hated it was not too long ago. When I wrote the below in January 2024, the dominant narrative was about the inescapable memory glut. MU & SK had been flat to down for a year while NVDA had tripled.
But…something that this cycle has taught me is that being early is a double-edged sword in more than just the classic “risk a drawdown before it works” way. I held on to these names for a little more than 2 years, but it’s pretty clear now that I sold too early.
Now, despite a 500%+ return, I’m wondering if selling in February means I’ll have to withstand the mindfuck of watching them 10x again (by next Tuesday, at this rate). I’m already debating with myself whether I should bite the bullet and get back in or if doing so will align perfectly with the exact top.
I love this game, but good lord does it mess with your mind!
Citrini@citrini
Our January review of our AI allocation made a pretty bold claim that $MU & SK Hynix would double within the next 2 years. It’s been 6 months. So far, YTD: Micron +72.6% SK Hynix +57.9% Our other HBM picks have also done quite well: $ONTO +43.9% Hanmi Semi +193%
English
yumoo retweetledi
Not easy to be a bear in this market.
Joshua@Iucidcapital
Pretty depressed Unless something major happens, will have blown over half my account on a single trade for the first time ever. Thought a huge opportunity presented itself and I simply oversized and went for May 15th expiration instead of June 18th. Had a lot of opportunities, but every downside move was matched with fake headline pumps.
English
@DheerajNam @TupleJ @UncleAlpha007 I’ve read on here that even though they hold a position in SK Hynix, a holding company will always trade under NAV.
I prefer holding SK Hynix for the safety of it.
English
@yumoate @TupleJ @UncleAlpha007 Nah none really, just if you want to trim or add the bid ask spread is super wide. Also your waking hours may matter. I’d recommend SK square though as it’s a levered way to bet on SK Hynix.
English
@TupleJ @DheerajNam @UncleAlpha007 So in theory a move in Sk hynix implies a move into HY9H once frankfurt opens ?
English
@yumoate @DheerajNam @UncleAlpha007 Korea moves first but since their market is closed today people have speculated that it will move tomorrow, which increased the price. Average vol is around 50k a day so it won't affect the Korean price (4 mil vol)
English
@yumoate @UncleAlpha007 It just tracks the same underlying so it’s like when Korea market closes it starts trading again on Frankfurt exchange. Since Korea was closed for I think children’s day we can use HY9H to track the stock.
English
@DheerajNam @UncleAlpha007 So HY9H moves first before 000660 because of market open ? Ive always tracked HY9H, didn’t know they put 000660 on IBKR
English
@UncleAlpha007 You can look at $HY9H to see what the move will be.
English
@zephyr_z9 You think LTA will secure the next years and make it so there is more « secure « earnings ?
English
Damn, my feed is full of people pumping Korean stocks these days.
Let me give one piece of advice to foreign investors: don’t touch KOSDAQ carelessly.
KOSDAQ is an abyss that has swallowed the money of countless Korean retail investors.
How exactly are foreign investors supposed to verify KOSDAQ names? Korean brokerage reports? Korean brokerages are already understaffed, and they simply do not cover KOSDAQ companies properly. If a stock gets covered five times a year, that is already a lot.
Then should you just read the news? That is not easy either.
The Korean market is notorious for front-running issues. Even recently, people from major media outlets have been arrested and investigated on allegations of front-running.
So that “positive news article” you saw might have been written by someone who had already bought the stock beforehand and wanted to pump it on purpose.
Be extremely careful before entering KOSDAQ. Once you lose your money, it is too late to complain.
English
@yumoate @zephyr_z9 While you're doing buybacks you want the multiple to stay low, retire more shares more cheaply. I do think it's the best move for shareholders, but reinvesting is best for AI and for humanity.
English
The reason why memory trades at low multiples
The Transcript@TheTranscript_
SK Hynix Management sees reinvestment as the best use of cash, while also considering buybacks and cancellations. “The memory market is facing an unprecedented growth opportunity at the center of the AI era. Given the high return on investment demonstrated by our Q1 results, we believe that reinvesting the cash we generate back into the business is currently the best use of capital.”
English