A story about a blue-chip stock that a mother bought long ago surging in price is drawing attention online.
On the 16th, an online community carried a post that said, "I invested in SK hynix 10 years ago and now I can put together money for marriage."
The poster said, "My mom took me, who knew nothing about stocks, to a securities company to open an account, put in a little under 30 million won, and bought SK hynix shares for me," adding, "She told me to use it later to help with marriage expenses, but I haven't married yet, so I still hold the shares."
The account screen the poster shared shows the SK hynix holdings. The balance is 782 shares, the purchase price is 33,554 won, and the current price is 1,146,000 won. The valuation amount stands at 896.172 million won, and the valuation gain is 869.932129 million won. The return is a whopping 3,315%. The poster said, "I'm so grateful, and my mom was amazing back then," adding, "I still thank my mom every day. I need to be a good child."
According to FnGuide, SK hynix's consensus (average estimate) for operating results in the first quarter this year is revenue of 49.6756 trillion won and operating profit of 34.5381 trillion won. Compared with the same period a year earlier, revenue is up 181.62% and operating profit is up 364.19%.