Buzzberg Cup Live

Morning Brief: Global Stock Valuation Check

[Morning Brief] Global Stock Valuation Check | 26/07/13/Mon
Watch on YouTube ↗  |  July 12, 2026 at 22:15  |  1:48:42  |  Chesley Investment Advisory (체슬리투자자문)
Speakers
Park Se-ik — CEO, ex-Chief Strategist
Choi Ho — Vice President
Bangjeong — China Market Analyst

Summary

Chesley Morning Brief covers global markets with a focus on AI-driven semiconductor and platform stocks. Park Se-ik presents bullish cases for Samsung Electronics and SK hynix based on memory super-cycle and HBM demand, and advocates for undervalued NAVER. Choi Ho analyzes SK hynix ADR premium, Bitcoin resilience, and Ethereum supply dynamics. The overall tone is positive on Korean equities and crypto, with caution on Chinese names and earnings volatility.

  • China market saw small-cap rotation but large-cap tech weakness.
  • SK hynix ADR listed with strong premium; convergence trade idea discussed.
  • Samsung Electronics viewed as a long-term buy due to 2027 memory supply shortage.
  • SK hynix expected to benefit from HBM price hikes and 80%+ operating margin.
  • NAVER considered undervalued at 13x PER with AI and data center catalysts.
  • Bitcoin held 200-week MA support and extreme fear signals a buying opportunity.
  • Ethereum supply is shrinking from staking and bridge lock-ups, bullish for price.
  • Korean non-semiconductor sectors (2nd batteries, autos, defense) seen as deeply undervalued.
Ideas
Choi Ho Vice President 19:38
Bitcoin resilience and fear create opportunity.
Bitcoin held the 200-week moving average support during geopolitical turmoil, ETF outflows are stabilizing, and the fear & greed index at 26 signals extreme fear, historically a buying opportunity. The asset shows resilience to shocks.
BTC MED
Choi Ho Vice President 27:23
Supply lock-up drives Ethereum price higher.
Ethereum's circulating supply is shrinking due to staking and bridge lock-ups like Robinhood's L2 chain, creating a supply-demand tailwind. This structural scarcity is positive for price.
ETH MED
Park Se-ik CEO, ex-Chief Strategist 70:37
Memory supercycle and supply shortage ahead.
Samsung Electronics is entering a historic memory supply shortage by 2027, driven by AI data center demand and big-tech long-term agreements. Earnings are expected to surge with operating profit reaching 574 trillion KRW in 2027, and the current PBR valuation remains low compared to the cycle peak, providing significant upside. Strong buy rating with target of 600,000 KRW.
005930.KS HIGH
Park Se-ik CEO, ex-Chief Strategist 75:38
HBM boom drives massive earnings growth.
SK hynix ADR trades at a 15.5% premium over the common stock, similar to TSMC's premium. However, SK hynix faces fewer trading restrictions than TSMC, suggesting the premium may narrow. This creates a convergence setup where the common stock could outperform or the ADR could decline.
000660.KS HIGH
Park Se-ik CEO, ex-Chief Strategist 90:56
Deep value, AI monetization upside.
NAVER's short-term earnings may miss due to rising costs, but long-term growth from AI search monetization and data center leasing could re-rate the stock from 13x to 18-20x forward PER. The stock is deeply de-rated and presents a bottom-fishing opportunity.
035420.KS HIGH
Park Se-ik CEO, ex-Chief Strategist 105:00
Undervalued non-semiconductor stocks will rally.
While semiconductor stocks pause, deeply undervalued non-semiconductor sectors (secondary batteries, autos, defense, etc.) are starting to rally. Using a real estate analogy, they are massively undervalued relative to top names and will drive KOSPI higher as rotation broadens.
EWY MED
Up Next
45:43
S&P500 Nears All-Time High on AI Investor Sentiment Recovery...SK Hynix Surges 13% on Nasdaq Listing Debut [Wall Street Newsletter]
3PRO TV (삼프로TV) · Jul 12
10:02
the day my nba dream died (cam thomas gave me 50)
Thread Guy · Jul 12
2:06:15
🔴 DIRECTO - Las 10 decisiones financieras que pueden cambiar tu vida | Borja F. Zurrón@MemoriasDePez
Pablo Gil · Jul 12
2:28:55
Bloomberg This Weekend | Sen. Lindsey Graham Dead, CENTCOM Launches Strikes on Iran
Bloomberg Markets · Jul 12
11:14
Stanton Urges Hormuz Diplomacy
Bloomberg Markets · Jul 12

This Chesley Investment Advisory (체슬리투자자문) video, published July 12, 2026, features Choi Ho, Park Se-ik discussing BTC, ETH, 005930.KS, 000660.KS, 035420.KS, EWY. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Choi Ho, Park Se-ik  · Tickers: BTC, ETH, 005930.KS, 000660.KS, 035420.KS, EWY