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Re: iamthe walrus post# 42204

Friday, 03/15/2024 9:22:26 AM

Friday, March 15, 2024 9:22:26 AM

Post# of 42765
Typo i some posts i was calling Korean currency KRX , thats the old isMedia Co Ltd stock symbol , Korean currency is WON . I do want to know why KRX isMedia Co Ltd dropped from about 22,000 WON or 16.50 US dollars were it traded on teus May 21 2021 to 2,700 WON or US 2.00 range on Friday March 18th 2022
https://www.marketscreener.com/quote/stock/ISMEDIA-CO-LTD-120974011/graphics/. as you can see from the chart there was a gradual drop in price . That may not interest most but it does seem from the financials that in 2022 isMedia Co Ltd had 50 billion in revenue , in WON Korean money which is about 37 million US money and that seemed to be a decent year for them . In April of 2019 they traded about 6000 WON at high or 4.50 US money and that year they had 67 billion WON korean money or 50 million in US money . in They had revenue of 78 billion WON in 2018 58 million US , 67 billion WON in 2019 50 million US money , 21 billion WON in 2020 15 million US money ( pandemic year ) and 44 billion WON in 2021 or 33 million US dollars and 50 billion WON currency or 37 million US currency . The stock traded during that time from 5000 WON 2017 or 3 bucs to a high as far as i can find about 18 bucs or 24,600 WON 2021 , maybe more according to one chart to a low of 2,700 WON or 2.03 US in march of 2022 . I can see the pandemic probably effected the business at some point . Anyway play with the chart and look at revenue quarterly and yearly yourself and see what you think about the future revenue and stock price . Pandemic is over , production should be good , technology is advancing so it will be very interested to see what Core Optics sales / revenue has been and will be for our new combined company . Let me know what you think .
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