[Korea hyerin nine financial newspaper reporter] was rated as Kiwoom the recent share price declines due to a D-RAM market concerns about SK Hynix 17 days is excessive. This recommendation is made BUY, TP maintains ₩ 68,000.
SK Hynix shares have slumped 10% in the last six trading days. It seems that due to the demand slowdown in China's smart phone, the won / dollar exchange rate, D DRAM spot prices engages dampen investor sentiment.
Kiwoom bakyuak researchers 'D but closely coming out about the risk factors of RAM Industries, does not identify any change will still switch drop the market up, it said,' but rather 'Chinese smartphone' and 'server' vendors Lunar New Year since resumed and restocking of the D-RAM and D-RAM are also tight supply situation is likely to continue rising until 2H17 'he said.
In addition, Pak Institute 'D-RAM manufacturers inventory is still just because the 7 to 10, very low downside of D Ram price by 1Q17 demand slowing, said, "judging from excessive downside, in 2017 operating profit 9 I recommend to take advantage of the opportunities that are overweight by up to 200 billion won in earnings expectations, he said.
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
Friday, February 17, 2017
SK Hynix, the recent share price over-year decline ... Overweight recommendation - Kiwoom
