Expert Noh Gwang-min: 'Hold Samsung Electronics and SK Hynix Until October Earnings Announcement'

Expert Noh Gwang-min analyzed that if the NASDAQ index falls to its 60-week line, the domestic KOSPI index also has a high probability of dropping to the early 6,000s. This forecast considers the domestic market's strong correlation with global stock markets, and he urged investors to keep a close eye on NASDAQ trends.

He particularly emphasized the impact of NASDAQ volatility on the domestic stock market, adding that the domestic market would likely be affected by a sharp decline.

Expert Noh Gwang-min stated that the volume of buying or selling by foreign investors before 9:30 AM is a critical factor in determining the intraday trend of the domestic stock market. He explained that a buy or sell volume of 50 billion won can dictate the market's direction.

This is based on an analysis of a high correlation between NASDAQ's rise and foreign investor supply and demand, emphasizing the need to closely monitor foreign investor trends at the beginning of the trading day.

This week will be a critical turning point for the NASDAQ's trend on its weekly chart, according to expert Noh Gwang-min. It's the moment when either a breakout or a double top will be decided on the weekly chart, and the 20-week line acts as the trendline, he explained.

This serves as an important benchmark for gauging NASDAQ's long-term direction and is expected to significantly impact the domestic stock market.

SK Hynix demonstrated a proactive commitment to shareholder returns by announcing a preemptive 40 trillion won share buyback and cancellation plan. Samsung Electronics, on the other hand, announced its measures later than expected, proposing a shareholder return policy centered on cash dividends.

Expert Noh Gwang-min interpreted this as a difference in character between Chairman Lee Jae-yong's cautiousness and Chairman Chey Tae-won's boldness. He analyzed that SK Hynix's announcement spurred Samsung Electronics, suggesting that Samsung's response seemed somewhat taken by surprise.

These differences in shareholder return strategies between the two companies are expected to act as significant variables influencing future stock price movements.

Expert Noh Gwang-min forecasted that the rebound of Samsung Electronics' stock price depends on the preliminary earnings to be announced in early October. He advised that the earnings announcement will be a key variable, and if the stock price drops sharply before then, a strategy of accumulation should be maintained.

This suggests that the stock's direction could vary greatly depending on the earnings results, and he emphasized that investors should closely monitor the earnings announcement.

Expert Noh Gwang-min recommended holding Samsung Electronics shares until the preliminary earnings announcement in early October. He explained that share buybacks have limitations under financial law, so their actual stock price boosting effect might not be significant.

He added that the currently expected dividend yield for Samsung Electronics is approximately 5%.

Hanmi Pharmaceutical, a KOSPI-listed company, drew market attention by hitting its daily price limit. Expert Noh Gwang-min explained that Hanmi Pharmaceutical's surge to the daily limit was an unusual event, occurring for the first time in approximately 10 years.

This indicates a renewed increase in market interest in the pharmaceutical and bio sector.

Expert Noh Gwang-min emphasized the high uncertainty of pharmaceutical and bio investments, warning that while success could lead to results like Hanmi Pharmaceutical, failure could result in outcomes like Kolon TissueGene. He noted that the results cannot be known in advance and are unpredictable without insider information.

This highlights the need for a cautious approach and thorough information analysis when investing in the pharmaceutical and bio sector.

In other words, he made it clear that the success or failure of a particular company can only be known once the final results are in.

Expert Noh Gwang-min emphasized that expecting semiconductor materials, parts, and equipment (SooBuJang) stocks to surge when Samsung Electronics and SK Hynix have significantly declined is an abnormal way of thinking. He warned against false hopes based on some past isolated cases.

He analyzed that the stock price movements of large semiconductor companies and SooBuJang companies tend to move in tandem, making it difficult to expect an unconditional rise in individual stocks.

Therefore, he advised checking the stock price trends of Samsung Electronics and SK Hynix first before deciding on SooBuJang investments.

Expert Noh Gwang-min warned that China's humanoid robot technology and overwhelming production scale could pose a serious threat to future industries. He argued that curbing Chinese robot technology is essential, stating that if the floodgates are opened, related domestic industries will wither.

He particularly emphasized that if the U.S. does not stop China, industries worldwide will face significant difficulties, urging participation in U.S.-led regulations on Chinese components.