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Tuesday, April 30, 2024

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HYBE's Stock is Expected to Bounce Back if New Jeans' Activities Gain Momentum

 Daeshin Securities expects HYBE's stock to rebound significantly if New Jeans' activities become more visible to the public, maintaining their recommendation to buy the stock. The target price remains at 330,000 KRW, as it closed at 205,000 KRW yesterday. 

Im Soojin, the researcher of Daeshin Securities stated, "Due to the ongoing feud between HYBE and Min Heejin, the company's image has been tarnished. This causes a -11% stock return compared to the 19th. With the shareholders' meeting that is expected to take at least 8 to 9 weeks, fluctuations in the stock price are likely to persist." She added, "If the conflict nears resolution and New Jeans' activities become more visible to the public, HYBE's stock recovery will likely speed up."

Im also observed solidarity of New Jeans' fandom following Min Heejin's press conference through album purchases. With growing public interest, New Jeans' album sales are anticipated to exceed previous predictions. 

theqoo

-Hey guys, let's read the article. It's not HYBE's claim it's an analysis from the securities industry. 

-Hey, everyone calm down. Don't misunderstand just by reading the title. It's not HYBE's propaganda; it's an analysis from the securities industry.

-HYBE, you heartless bastards.

-People are going crazy just by seeing the word 'HYBE'. They won't even think about reading the whole article. 

-ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ This is ridiculous, seriously.

-Unbelievable.

-They're shamelessly trying to fire Min Heejin and use New Jeans to boost the fallen stock pricesㅋㅋㅋ Do they have any conscience?

-They're just thugs at this point

-Let's see how they treat New Jeans, I'll watch it closely with my eyes wide open.

-But seriously, HYBE is really disgusting.

-Ah, as a shareholder, I hope the stock price recovers quickly, but I don't want to see Bang Si-hyuk's face... damn.

-This is bullshit, seriously.

-Bang pig, get out.

-Have a bit of conscience.

-Do they think the public is blind?

-Without Min Heejin, who knows what will happen to New Jeans.

-Even though Min Heejin produced it, New Jeans is originally HYBE's asset.

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