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Samsung (005930) stock up after strong earnings guidance

By Debabrata Das

04:41, 7 January 2022

People visit the Samsung booth at CES 2022
People visit the Samsung booth at CES 2022 – Photo: Samsung

South Korean consumer electronics major Samsung Electronics expects operating profit in the fourth quarter of 2021 to have jumped 52% year-on-year, highest level in four years.

The company, which will announce its fourth quarter earnings later this month, released the earnings guidance on Friday. Samsung said it expects fourth quarter operating profit to be KRW13.8trn ($11.5bn). It expects consolidated sales to be around KRW76trn.

Following the announcement, Samsung’s stock price was up 1.69% at KRW78,200 on the Korea Exchange.

M&As on the radar

The guidance comes at a time when the world’s largest memory chipmaker and smartphone maker is planning mergers and acquisitions has reorganised its leadership team.


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Overnight fee time 22:00 (UTC)
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Overnight fee time 22:00 (UTC)
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Yonhap, a South Korean news agency, reported on Wednesday that Han Jong-hee, vice chairman and the head of the Samsung Electronics Co’s Device eXperience division, told South Korean media at the Consumer Electronics Show (CES) 2022 that the company is in talks for multiple M&A deals.

“We are moving faster than you might think. We are open to every possibility, and I think we can deliver good news sooner or later,” he said.

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Going green

Besides showcasing a slew of new products at the CES 2022, Samsung also announced a number of sustainability measures on Friday. The steps includes reducing pollution, saving more energy, increased use of recycled plastic and use of more sustainable packaging.

Read more: Samsung Electronics (005930) merges consumer, mobile divisions

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The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
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