Samyang Foods recorded an all-time high of 920,000 won in the market on the 17th. It has jumped 440 percent from its low point in the past year. This is due to the spread of expectations for further growth amid the fact that the main product "Buldak Stir-fried Noodles" is breaking all-time records every time. Samyang Foods' valuation (stock price level compared to performance) is still highly attractive. Stock markets and investors are waiting for Samyang Foods to become the "emperor's stock" (more than 1 million won per share).
As of 11:19 a.m., Samyang Foods was trading at 895,000 won on the KOSPI market, up 23,000 won (2.64%) from the previous trading day. After starting at 880,000 won on the day, the rise was quickly increased. At one point, it hit 920,000 won and broke the 52-week high. This is also the highest price ever. Compared to the annual low of 169,600 won recorded on February 29 last year, it rose 440%. Foreign-focused buying drives the gains.
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