UnknownUnicorn3159981

BUY! CHARTS LOOK AMAZING!

Long
NYSE:KT   KT Corporation
This stock popped up on my scan.

Weekly and Monthly Charts look great!

I think this one could pop much higher.

SEE NEWS BELOW

KT Launches South Korea's First AR Mobile Shopping Service

-- KT to Develop Immersive Shopping Experience with AI and 3D Modeling

SEOUL, South Korea, July 31, 2018 /PRNewswire/ -- KT Corp. (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, has launched the country's first-ever mobile shopping service paired with AR technology.

The Korean telecom leader's new service is called AR Market, which gives mobile shoppers an online shopping experience that is more similar to browsing through a physical store. Shoppers can view 360-degree AR videos of different products on their smartphones and tablets.

POSITION: 10,000

PRICE: $13.98
Trade active:
South Korea has a Population of over 51 Million People, if this shopping service takes off, built by the largest South Korean Telecom, the stock could skyrocket!
Trade active:
Just an F.Y.I. to everyone...

Looking at the Weekly Chart, the stock is being accumulated, Stochastics are turning up, RSI just moved above 50 (BULLISH) and MACD is turning up (POSITIVE).

Today Volume doubled to over 2 Million Shares compared to the average 10 day volume of 1.1 Million Shares, the company is very profitable, it pays a yield of 3.41% and it has over 75% Institutional Ownership.

This could be a huge winner!
Trade active:
I just found this release... just another Positive for this company moving forward.

News

South Korean telecom company KT Corporation (NYSE:KT) has just unveiled its own network blockchain, thus becoming the first telecommunications firm to apply blockchain to its business.

The telecom company announced that it developed the proprietary blockchain with the aim of applying it to its commercial network in various areas such as energy management, roaming and identity confirmation. A recent report from CoinDesk Korea stated that KT’s new blockchain can process up to 2,500 transactions per second and this is made possible through the integration with the company’s superfast commercial network.
Trade active:
Morning Star released a report that said fair value on KT is $18.30

So I would say the stock is cheap at current levels!
Trade active:
MORNINGSTAR REPORT TODAY

KT is "UNDERVALUED" with a fair market value of around $18 a share.

also, Morningstar said KT has a hidden Real Estate Portfolio which could make the company worth even more.

HERE YOU GO...

"The potential earnings from its hidden real estate portfolio, which the company estimates could generate KRW 750 billion per year by 2020, could provide some upside to the company's earnings after the easy cost-cutting is complete. Additional upside could be provided by management's forecast that profitability from its IPTV business will generate margins in line with its incumbent telecom businesses in two to three years. On our estimate, this would add around KRW 150 billion-KRW 200 billion of operating profit over this period."

MORNINGSTAR
Trade active:
NEWS

KT opened the first hotel in the country offering AI-assisted room services in Seoul, Novotel Ambassador Seoul Dongdaemun Hotels & Residences, last month. The company plans to open three more similar hotels across the capital city by 2020 in partnership with major global hotel chains such as Accor, Hyatt and Marriott.

"We have created a hotel with an entirely innovative concept by converging KT's latest technologies and luxury hotel service," KT Estate Chief Executive Officer Choi Il-Sung said. "At our AI hotel, people can experience new services that cannot be found at any other hotels around the world."

The new AI service platform -- named GiGA Genie Hotel -- is a customization of GiGA Genie, the world's first AI-powered smart home media hub developed by KT in January 2017. Boasting more than 1 million subscribers, KT's voice-activated AI platform allows users to see what they command on touch screen devices or UHD TV screens mainly in Korean and English.

The AI-powered hotel has 523 rooms, a rooftop swimming pool and several F&B outlets, including the all-day Food Exchange, a lounge bar called Gourmet Bar and The Social 21, a poolside bar. The hotel is owned by KT Estate Inc., a subsidiary of KT's real estate business. Accor Ambassador Korea will manage the hotel in accordance with AccorHotels' global operating standards.

To diversify its future revenue portfolio, KT also plans to provide its AI platform to other hotels, including Marriott. The first hotel to adopt the platform was L'Escape, a boutique hotel opened by South Korean retail group Shinsegae Inc. in downtown Seoul last month. The Genie platform can also be used in apartments, resorts and hospitals.
Trade active:
ADDED 250,000 SHARES TODAY

COMPANY/STOCK IS UNDERVALUED AND THE WEEKLY CHART LOOKS GREAT!

BREAKOUT SOON!
Trade active:
PRICE OF TODAY'S TRADE AVERAGED $14.63
Trade closed: target reached:
OUT

TIME IS MONEY

WE THINK LONG TERM THIS STOCK WILL KEEP APPRECIATING IN VALUE BUT FOR NOW, TIME IS MONEY. TAKE WHAT YOU CAN GET AND MOVE ON!

OVER THE LAST THREE TRADING DAYS, WE SOLD ALL 260,000 SHARES AT AN AVERAGE COST OF $14.75

NOT MUCH PROFIT

PROFIT: $114,400

BEST OF LUCK IF YOU ARE HOLDING THIS LONG TERM!
Trade closed manually:
OUT

TIME IS MONEY

WE THINK LONG TERM THIS STOCK WILL KEEP APPRECIATING IN VALUE BUT FOR NOW, TIME IS MONEY. TAKE WHAT YOU CAN GET AND MOVE ON!

OVER THE LAST THREE TRADING DAYS, WE SOLD ALL 260,000 SHARES AT AN AVERAGE COST OF $14.75

NOT MUCH PROFIT

PROFIT: $114,400

BEST OF LUCK IF YOU ARE HOLDING THIS LONG TERM!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.