A few days ago, after Kakao Talk went through an incident that didn’t work all weekend, I think there were a lot of thoughts and influences in society. Actually, I didn’t know Kakao Talk wouldn’t work because I didn’t look at my phone much on weekends. I just thought the group chat room was quiet today, but I think there were a lot of problems as Kakao Talk went off unexpectedly.
When Kakao Talk was listed, I applied for the public offering stock and held one share of Kakao stock. Kakao shares have been on a downward curve for a long time compared to when they were received as public offering shares, and this incident has led to a huge decline in Kakao shares are on a downward trend. I should have received the public offering stock and disposed of it immediately, but now I think I have missed the selling period because I am suffering from laziness.
Can Kakao’s stock price rebound?
I’m sure a lot of people are curious about the question above. Is it possible to rebound in a rebound? The stock market has lowered Kakao’s target stock price at a time when Kakao’s CEO resigned and even apologized to the public due to the incident. Of course, there are few people who don’t use Kakao Talk, right? Most of the opinions say that Kakao will have no problem with future growth because its impact on our lives is so great, but nevertheless, it seems to be a meaningful signal that the stock market has lowered its target stock price.
The price of discreditation
It started to be known as Kakao Talk, Kakao Taxi, Kakao Bank, Kakao.. Kakao… Kakao, which has various affiliates, is growing. The reason why the target stock price of a company that is on a roll has been lowered at once is because of the damage to the public’s trust in Kakao. Of course, only the target stock price has been lowered, but the fact that they are still making buying opinions means that their trust has been damaged, but they appreciate the growth potential.
Should I buy the cacao stock or not?
Personally, I think this is the right time to buy. Of course, buying Kakao shares, which have been on the decline every day, may take courage. However, considering that the stock market has only lowered its target stock price and is still making a purchase opinion, it can be interpreted that Kakao’s business capability is still being positively evaluated.
As of today, Kakao shares recorded 47,750 won. It is unknown how to proceed with compensation for those affected by the Kakao crisis, but if compensation is made smoothly and properly, trust in Kakao services that have already spread throughout life will be restored little by little. If that happens, wouldn’t Kakao share be on the rise again?
My view on stocks is just my personal opinion. In terms of investment, it is right to decide and judge whether it is right or wrong. I’m just wondering what the results will be like in my opinion. I think it would be fun to buy some Kakao shares and look at the fluctuation of stock prices 😀