Samsung Electronics preferred shares trade at a ridiculous discount to the common, and an activist is now pushing management to buy back and cancel them. The gap mainly reflects the preferreds' lack of voting rights and mutual funds and ETFs buying the common shares instead. x.com  x.com 

Samsung Electronics' history of compounding tangible equity suggests reinvested profits can add to the preferred shares' value alongside dividends. Tangible equity rose 65% in 2016-21 without the AI trade and over 250% in 2016-26. The preferred usually trades 25-30% below common despite the same economics. The case needs good 2027-28 earnings, dividends under the 50%-of-FCF return goal, and foundry and other projects not to become money pits; eight years of current profits is unlikely. x.com 

Samsung Electronics is underrated, with a very wide moat and many growth opportunities. It is expanding into AI and HBM memory, growing in automotive electronics and leads in foldable screens. x.com 

Samsung Electronics faces downside risk because its parabolic run has made market expectations unrealistic, so one mistake could release gravity. Wall Street Engine's Q3 highlights showed revenue, operating profit and net profit below estimates despite triple-digit year-over-year growth. x.com 

The valuation gap favors SK hynix and Samsung over Corning, Seagate and Western Digital. Companies trading at 20x are still called cheap while the memory makers trade at 2x; Corning is not cheap on a $4 run rate even with growth, and neither are Seagate or Western Digital. The gap should narrow as memory rises while HDD stalls. x.com  x.com 

Samsung Electronics is one of only three absurdly cheap pockets in Korea's large caps, at about 6x earnings. Across Korea's top 25 by market cap, the median forward P/E is 20x, above the global 16x, and the median stock is up 90% in a year, so the "Korea discount" survives only in Samsung, SK Hynix and Kia. Korea is a stock picker's market, not a blanket cheap-market trade, and Interactive Brokers now offers direct access. x.com 

Samsung Electronics' stock should eventually catch up to earnings given how cheap it and other memory names are. Samsung raised operating profit 19x and overtook Nvidia as the world's most profitable company, yet the stock fell 5.82%. The only bubble-like risk is heavy leverage in Korea, where investors' appetite for risk remains strong. x.com  x.com 

Samsung's preliminary Q3 points to the most profitable GAAP quarter ever, yet the stock trades at about 3.5x 2027 EPS. Preliminary Q3 revenue is about $145 billion with operating profit near $80 billion. If revenue grows 8% and net income 12% quarter over quarter for 5+ quarters as expected, Q3 2027 net income could top $105-110 billion. Samsung could earn its whole market cap in net income from 2026 to 2030, and heavy buybacks could lift EPS growth to a 40-50% CAGR. Final numbers are still due. … Show more

Samsung Electronics' roughly KRW 30 trillion Q3 cash dividend is already priced in and short of the KRW 40 trillion-plus it should have returned, so it is likely to become a profit-taking event. Even this payout eats into mid- to long-term growth drivers, and without a stronger catalyst, selling is the likely outcome. Per @Xgngu12, further shareholder-return policies are not due until January. x.com  x.com 

Samsung's 7.7% drop on the greatest quarterly profit in tech history shows the AI trade has run out of buyers at these levels. Profit was ₩89.4 trillion ($58.4 billion), up 1,810%, yet the stock is down 23.74% from its peak in just 15 days. The numbers had been anticipated for months, so once they confirmed expectations nobody was left to buy, the mark of a fully priced market. x.com