Michael Fritzell (Asian Century Stocks)
RT @ai: TSMC is going to manufacture advanced AI semiconductors in Japan. This is a big deal for supply chain diversification. For decades, cutting-edge chip fabrication was concentrated in Taiwan. Now TSMC is building serious capacity in Japan, Arizona, and Germany.

https://t.co/EHng9bVPd6
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Michael Fritzell (Asian Century Stocks)
RT @origoinvest: Korea discount still in full force despite 121% stock market run-up https://t.co/PWUwvwnqSL

@DanielSLoeb1 makes a strong case for SK Square currently trading at a 47% discount to a NAV where its primary asset is SK Hynix

3 ways of winning here beyond your typical NAV discount story:

1) DDRAM supercycle
2) Explicit NAV discount reduction targets
3) Compound gains through margin driven buybacks

Haven't been involved but this looks very compelling

$402340.KS $000660.KS - Origo
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Quiver Quantitative
BREAKING: Our national debt has hit a record high of $38.58 trillion.

It has risen by almost $2.4 trillion in the last year.

Interest payments on the debt are now larger than the defense budget.
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God of Prompt
RT @godofprompt: Prompting is foundational infrastructure, not a surface-level trick - it only appears to die because success means integration. https://t.co/KidFQLFwnO
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Jukan
"Samsung Expected to Turn Non-Memory Business Profitable Next Year" – Kiwoom Securities

Kiwoom Securities forecast on the 10th that Samsung Electronics' non-memory division "will return to operating profit next year," maintaining a 'Buy' rating and a target price of 210,000 won.

Analyst Park Yu-ak of the firm said, "Yield improvements in the 2nm second-generation (SF2P) process to be used for the Exynos 2700, growing customer demand for cost reduction, and improved benchmark performance will lead to greater market share for the Exynos 2700." He added, "The Exynos 2700 will enter full-scale mass production on Samsung Foundry's SF2P process in the second half of this year, and is expected to achieve around 50% adoption within the Galaxy S27."

Accordingly, Kiwoom Securities estimates Samsung Electronics' non-memory division will post revenue of 36.4 trillion won next year, up 21% year-over-year, with operating profit turning to a 1.8 trillion won surplus.

Park noted, "As the market raises its expectations for non-memory earnings, this will serve as additional upside momentum for the stock."

Kiwoom Securities projects Samsung Electronics' total revenue and operating profit this year at 500 trillion won and 173 trillion won, respectively—up 50% and 295% year-over-year. This is based on expectations that commodity DRAM and NAND prices will rise 109% and 105%, respectively, over the same period. The firm also believes the surge in commodity DRAM prices and profitability will create favorable conditions for price negotiations on sixth-generation High Bandwidth Memory (HBM4).
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Michael Fritzell (Asian Century Stocks)
Newsletter readers loved the myopia feature, and the one on Korean reforms. 75% "loved it" is what I'm aiming for. https://t.co/9sLszNnjQ5
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Michael Fritzell (Asian Century Stocks)
What's a headline for the emails sent out as weekly updates?
- Weekly update
- This week in Asia
- Other (specify)
- Article name (eg Myopia)
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Michael Fritzell (Asian Century Stocks)
As much as I love Nintendo, the momentum is not showing up in Google search query data. More of a margin story once the DRAM issue is over, plus the second movie in April and Super Mario Odyssey 2 in October. https://t.co/ROA5s96zqW
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Michael Fritzell (Asian Century Stocks)
Yeah but growth and the starting P/E matters just as much. Coca-Cola has not had a great 30-year IRR.

“Ultimately, the quality of the business trumps everything.”

- Chris Hohn

https://t.co/gWNwbPyCD0 - MastersInvest.com
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Michael Fritzell (Asian Century Stocks)
Insider buying/selling in Samsung Electronics. Source: Smart Insider https://t.co/3PtRpZRVck
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Michael Fritzell (Asian Century Stocks)
Two rules being a sell side analyst:
1. If you can’t say anything positive, don’t say anything at all
2. Go with the flow of the other analysts, rather than trying to be contrarian

https://t.co/ZmD3GZ8a9I
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