We Deliver the Story of 'Unusual' People Becoming 'Rich' Through 'Stocks'! | Executive Director Park Se-ik & Chesley Head of Learning & Dr. So Hyeon-cheol [Byeoljubujeon / 26.08.01.Sat]

Summary

The panel reviews an extraordinary week in which the KOSPI crashed by 44% in 40 days and then staged its largest single-day rally. Choi Ho builds a data-driven case that the market has bottomed and will rebound in August, while Park Se-ik confirms a bottom and sets a fair value target. Dr. So Hyeon-cheol explains why memory chip inventory data supports a bullish semiconductor view into year-end, and TopBender highlights a potential rotation into Korean beauty stocks.

• KOSPI suffered a historic crash of -44% in 40 days, triggering back-to-back circuit breakers, followed by a record single-day rebound.
• Choi Ho expects an August rally to 7,800–8,200 based on returning foreign flows, a proprietary buy signal, and a large foreign call option position.
• Park Se-ik agrees the bottom is at 5,200 and sees fair value at 7,500 based on near-1,000 trillion won in corporate earnings.
• Dr. So Hyeon-cheol highlights extremely low memory chip inventory (about 2 weeks) and expects prices to remain firm through year-end, with room for PER expansion.
• Samsung's foundry business is flagged as a potential positive surprise if Apple diversifies its AP sourcing away from TSMC.
• TopBender observes that Korean beauty stocks like Amorepacific, LG Household & Health Care, and Hugel bucked the market selloff, signaling a possible sector rotation.
• The foreign investor option positioning suggests that large call buyers are targeting KOSPI 6,500 or higher by the August 13 expiry.
• The massive supply overhang around KOSPI 8,000–8,300 (286 trillion won in volume) is expected to cap the initial rebound.