PS Electronics and NHN KCP Spotlighted as Beneficiaries of Growth Industries

PharmaResearch posted record second-quarter results and surpassed 100 billion won in first-half revenue. Technically, the stock settled above the 240-day moving average and formed a golden cross, confirming further upside potential. Manager Kim Tae said, "For now, I think we can look at opening the upside a bit more," offering a positive outlook.

This is seen as a result supported by solid earnings and technical indicators.

Manager Kim Tae explained, "Even as AI data centers are just being built and expanding further, demand for optical transceivers, optical communication, and optical modules keeps rising." Orders for equipment at Sungho Electronics' subsidiary ADST are also increasing, underscoring the essential role of communication infrastructure driven by AI advances.

KT is the biggest beneficiary among the three major telecom operators as its AI data center (AIDC) business grows. Revenue from the AIDC business has been rising steadily at 40% annually, and the segment is generating outsized profits. Manager Kim Tae said, "The AIDC business, especially the AI data center business, is continuing to gain speed, and its revenue is reportedly growing steadily at 40% per year."

Manager Kim Tae stressed the need to prepare for component shortages, saying, "The supply chain itself for optical communication is experiencing bottlenecks. As demand for components rises, we expect excess demand to appear from this year through the middle of next year."

PS Electronics is a company focused on manufacturing communication components, including wireless communication modules and power amplifiers. Manager Kim Tae explained, "PS Electronics can be seen as a company that manufactures the communication components we know of, or components used in communications." It is also securing future growth drivers by expanding into smart factory automation equipment and automotive electronics.

Given that investment losses were the main cause of the earnings miss in the second quarter, this move is seen as raising expectations for a future earnings turnaround. Manager Kim Tae noted, "Last month, we carried out the retirement of treasury shares worth 5 billion won."

PS Electronics continues to maintain an uptrend with consistently rising lows. Recently, gains accompanied by higher trading volume have drawn investor attention. Manager Kim Heung-tae said, "If there's an attempt to break above the top of the range, it could move past the previous peak again, so in the short term, we'd suggest responding to that," recommending a short-term strategy with further upside if the previous peak is breached.

Manager Kim Heung-tae explained, "For now, the first target price is 11,500 won, which is about to pass the previous high. We'll set the stop-loss at 8,000 won and respond accordingly."

Hopes for passage of special legislation and a rally driven by a short squeeze in bitcoin have had a positive effect across the market. Manager Kim Heung-tae analyzed, "Because dollars couldn't be released yesterday due to buybacks, coins received reflected gains as a substitute."

Manager Kim Heung-tae explained, "NHN KCP can be seen as a company specializing in electronic payment PG and VAN." Online, it provides card and simple payment infrastructure, and offline, it secures merchant payment networks to offer a broad range of payment services.

Through this agreement, it is building a payment service usable both domestically and abroad, which is expected to contribute to diversifying NHN KCP's revenue structure. Manager Kim Heung-tae said, "NHN KCP also signed an MOU with a company called LINE NEXT. As a foundation for stablecoins, it's an app that makes the service usable both domestically and overseas."

The stop-loss was set at 12,500 won, with an investment response strategy recommended. Manager Kim Heung-tae stated, "For now, I'm looking at a first target of 17,000 won. I'll set the stop-loss at 12,500 won and respond accordingly."