Korean Stocks

[Spekulatius]

Very well written substack article about the Korean market and the Value Up program, that is supposed to improve corporate governance.

https://substack.com/home/post/p-200629257

Edited June 14 by Spekulatius

[brobro777]

KOSPI looks like it will hit 10,000 and that will probably be psychologically important

 

Maybe I'll short EWY again then! 

[Peregrine]

21 hours ago, brobro777 said:

KOSPI looks like it will hit 10,000 and that will probably be psychologically important

 

Maybe I'll short EWY again then! 

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

[brobro777]

22 minutes ago, Peregrine said:

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

 

I know bro, so it can grind higher with Johnny Come Latelys jumping in da action

 

But when a big number like 10k flashes across da headlines and smartphone feeds, you know something can turn baby, it can turn!

 

 

[Valuebo]

38 minutes ago, Peregrine said:

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

 

Man, we really are going to see no wealth effect on consumers on the way up and a massive recession once this turns around, won't we? Rip Coupang & co.

[brobro777]

24 minutes ago, Valuebo said:

 

Man, we really are going to see no wealth effect on consumers on the way up and a massive recession once this turns around, won't we? Rip Coupang & co.

 

My bet is all the lucky Hynix and Samsung funboys are gonna pour all them bonus cash (and then some, borrow baby borrow) into real estate

 

Average consumer? Probably tighten da belts even more due to higher cost of goods due to currency crashing

 

Oh man it's gonna suck to pay these borrow fees to IBKR again for shorting EWY, like it's gonna suck ass

 

 

[gym97]

Now that its available to trade on IB, if there is any interested, I'm starting to build out korean financials for the entire KOSPI index. Looks like this. Still buggy but should see improvements every single week. 

 

[Peregrine]

On 6/21/2026 at 12:01 AM, gym97 said:

Now that its available to trade on IB, if there is any interested, I'm starting to build out korean financials for the entire KOSPI index. Looks like this. Still buggy but should see improvements every single week. 

 

 

What I don't understand with Amorepacific is how do you start with gross margins of 70% and end up with EBIT margins of 7%? Where did that money go?

[Spekulatius]

4 hours ago, Peregrine said:

 

What I don't understand with Amorepacific is how do you start with gross margins of 70% and end up with EBIT margins of 7%? Where did that money go?

Fairly easy to do with beauty products/ cosmetic because  SG&A is huge (marketing expenses). Check out COTY how to go broke with ~65% gross margins.