Samsung’s cash pile keeps growing. At the end of the third quarter, it had 214.8 trillion won on hand—about $146.6 billion—making it the first company in South Korea to hold more than 200 trillion won in cash.
On the same day, foreign ownership fell to 45.95%, a 17-year low. It’s selling on one hand and piling up cash on the other: its balance keeps growing, but its stock price is getting hammered.
Put simply, cash gives it security, not stock gains. It’s holding onto its money—but what will it spend it on next? What do you think it’ll buy first?
$SSNLF
On the same day, foreign ownership fell to 45.95%, a 17-year low. It’s selling on one hand and piling up cash on the other: its balance keeps growing, but its stock price is getting hammered.
Put simply, cash gives it security, not stock gains. It’s holding onto its money—but what will it spend it on next? What do you think it’ll buy first?
$SSNLF