[Featured Stock] SG Generates Trillion-Won Sales in 650 Trillion Won Ukraine Reconstruction Project... 'Trump Investing'

SG is showing strong performance. It appears that securities firms' analysis, which states that SG aims to generate eco-steel-ascon sales at least at the trillion-won level in the mid to long term in Ukraine, is influencing the stock price.

As of 9:01 AM on the 23rd, SG was trading at 3,160 won, up 285 won (9.91%) from the previous trading day.

SK Securities forecasted that SG will achieve significant earnings growth in the future, including overseas expansion, which seemed impossible due to the nature of the ascon business.

Heo Seon-jae, a researcher at SK Securities, said, "The outcome of former President Donald Trump's U.S. presidential election could also be an event that accelerates the end of the war," adding, "SG is a representative company that can realistically generate sales through participation in the 650 trillion won-scale Ukraine reconstruction project that will eventually take place."

He added, "The possibility of former President Trump, who is extremely skeptical about U.S. support for the Ukraine war, returning to power is increasing," and "This is a good time to pay attention to SG, which seems suitable not only for simple 'Trump trading' but also for 'Trump investing.'"

Researcher Heo expected, "Since about 60 billion won in funding for overseas expansion has been completed, the supply and demand burden will also be limited."

Furthermore, he analyzed, "SG announced plans to enter the Ukraine, India, and Indonesia markets together with POSCO International," adding, "The background of overseas expansion is thanks to the new product 'Eco Steel Ascon,' which has eco-friendly, low-cost, and high-strength characteristics compared to existing ascon products." He predicted, "In March this year, a 10-year contract for free supply of steel slag worth 4 trillion won was signed with the largest steel company in Europe," and "After road demonstration pavement testing in the fourth quarter of this year, large-scale orders and revenue recognition will begin from the first quarter of next year."

Researcher Heo analyzed, "SG is understood to be targeting eco-steel-ascon sales at least at the trillion-won level in Ukraine in the mid to long term," adding, "The Ukraine reconstruction project is part of the overseas expansion plan, and the essence of growth is new market penetration through the eco-steel-ascon new product."