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LG Display (034220)

Seoul
Currency in KRW
Disclaimer
9,930
-120(-1.19%)
Closed

034220 Comments

halpp
very undervalued turnaround story just waiting to happen
fakhar abbas
very undervalued, turnaround story just waiting to happen
Global leader in OLED display. Better, flexible and more efficient displays are going to enable innovation in many sectors, and after covid19 is benefit from the acceleration towards stay-home-economy, it's a safe long term bet.
Deeply undervalued large OLED panel manufacturer. Advantages of OLED display is clear and widely acknowledged as all high-end cell phones use OLED display. Upside1) Monopoly on large TV OLED panels. 2) Chinese have failed to steal large panel OLED technology for several years now and seems nowhere near catching up.3) OLED panel demand continues to outweigh supply, consequently, LGD is investing heavily on increasing output. Downside1) Fierce LCD competition from Chinese, but LGD has already wrote off majority of if its LCD manufacturing.2) I personally think LGD has potential transfer pricing issue with LG Electronics, meaning the panel price for LGE seems a bit low. But demand from Sony, Xiaomi, Apple and such other end-product makers continues to increase.
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