2400% Return Rate Certification
The stock price of SK Hynix surpassed the 200,000 won mark, setting a new all-time high, while the recent status of an SK Hynix employee who purchased a large amount of company shares when the stock price was less than 10,000 won and has held them since, achieving a return of over 2400%, was revealed.
Recently, on the anonymous workplace community Blind, a post titled "Does anyone know the recent status of this SK Hynix guy?" was uploaded. The author wrote, "This is someone who verified in 2020; I wonder if they have sold all their shares? Or are they still holding?" and attached a photo of the stock holding verification that SK Hynix employee A shared at the time.
Looking at the account status A posted back then, he purchased 5,700 shares of SK Hynix at an average price of 7,800 won per share. Since the stock price has not fallen below 10,000 won since SK Telecom acquired the company on February 14, 2012, it appears A invested before that. At the time of verification, SK Hynix’s stock price had soared to 115,000 won, so the value of the 5,700 shares, which originally cost 44.46 million won, rose to 655.5 million won, recording a return of 1367.63%.
A said, "At the time, buying company shares was considered crazy within the company, but I went all in with thoughts of 'loyalty' and 'undervaluation.' It was my first-ever stock investment." He added, "I didn’t need quick cash, so I just held on, but now I’m slowly looking for the right time to sell." He also dedicated the post to a cousin who, despite knowing he worked at SK Hynix, called it a worthless stock in front of him at a family gathering 7 to 8 years ago.
A is known to still hold the shares. In response to a post asking about his current status, A personally left a comment and re-verified his holdings. Along with a brief comment saying, "I still haven’t found the right time to sell," he again disclosed his stock holding status based on the closing price of 197,700 won on the 22nd. The number of shares in A’s account remained the same at 5,700 as during the first verification. However, as the stock price rose, the account’s unrealized gains increased to 1,078.09 million won. The return reached an astonishing 2424.86%.
SK Hynix’s stock price closed at 198,600 won on the 24th. The stock price had previously surpassed 200,000 won intraday and at closing for the first time, marking a record high. Industry evaluations that SK Hynix remains advantageous in high-capacity DRAM modules for artificial intelligence (AI) servers appear to be influencing the stock price. Minhee Lee, a researcher at BNK Investment & Securities, said, "The production volume of competitors, whose entry into the high-bandwidth memory (HBM) 3E market has been delayed, is expected to be about half that of SK Hynix. The market share gap between the two companies will widen significantly this year, and the supply shortage situation is expected to continue in the second half."
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