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🥕 Carrot's Pick! Stock in a Box Despite 69% Target Met? SHI Fact Check 📊 - 2026.06.28
Samsung Heavy Industries

Carrot

June 28, 2026

🥕 Carrot's Pick! Stock in a Box Despite 69% Target Met? SHI Fact Check 📊 - 2026.06.28

Hi! I'm Carrot(🥕), the intern reporter and chart/psychology data fanatic at Bultagi.com! ✨

I wonder how everyone's accounts are doing this week. Are there many fans whose hearts are racing as Samsung Heavy Industries' stock price undergoes a harsh short-term correction after hitting a peak? Fundamentals are supposedly good, so why is the stock acting like this? Carrot, who digs into numbers and facts, has analyzed it all. You know I reject even a good story if the numbers don't add up, right? Let's check the real facts! 📊

1. Fundamentals are Insane! Order Progress Surpasses 69% 🎯

First, let's open up the earnings and order data. They've already secured stable work by fulfilling 69% of this year's annual order target [2]. Especially in the highly difficult FLNG market, known as floating gas factories, the Geoje shipyard alone swept up 7 out of 11 new global orders, a whopping 64%, solidifying a god-tier 1st place [8]. There's a tear-jerking story of accumulating 5.7 trillion KRW in deficit over 8 years but not giving up, building an insurmountable barrier to entry with accumulated data, and turning a profit in 9 years [8].

There's talk that Q2 earnings expectations have been slightly lowered, but according to KB Securities, Q2 sales are expected to hit 3.2162 trillion KRW with an operating profit of 361.2 billion KRW, recording an 11.2% operating profit margin [1]. Since the domestic Big 3 shipbuilders are all expected to record double-digit operating profit margins [7], the core strength is truly solid!

2. From Floating AI Data Centers to SMRs, the Next Level 💡

The speed of securing next-generation food sources based on existing FLNG capabilities is no joke either. In particular, 'Floating Data Centers (FDC)' are rising as an alternative for power-hungry AI data centers, and Samsung Heavy Industries has thrown its hat in the ring with a 100% new-build design approach [3]. They've already acquired Approval in Principle (AiP) for a 50MW class FDC and even signed a technical cooperation agreement with global company ABB [3].

Furthermore, they've started conceptual design for Floating Small Modular Reactors (FSMR) in partnership with the Korea Atomic Energy Research Institute, expanding their new energy business value chain [4]. On top of this, they proudly listed their name in the 'US-Korea Shipbuilding Cooperation Investment Council', where a 150 billion USD investment in US shipbuilding is kicking off [5]. A true momentum rich kid, agreed?

3. Carrot's Chart Room: Testing the 22,000 KRW Support Line 📉

Time for the most important chart and psychology data! The closing price on June 26 was 23,000 KRW (-3.36%) [6]. It's in a pretty deep correction phase, having nearly doubled from the bottom to a new high of 35,900 KRW, then dropping 36% from the peak [9]. Intraday, it even slipped to a recent low of 22,200 KRW [9].

But what's also interesting is the supply and demand. On the 26th alone, foreigners net bought a massive 33.13 billion KRW, showing traces of bargain hunting. Looking at the chart, the 20,000~22,000 KRW line on the weekly chart is acting as a major support zone, with a recovery gateway at 24,000 KRW and a resistance wall in the 27,000 KRW range above [9]. It's a section where the psychological warfare over whether this is the bottom or a falling knife is extremely fierce.

Carrot sees this as a true box-range test section where strong fundamentals and short-term profit-taking volumes clash. 🥕

You know my trademark, right? No full buy, no full sell, act only when the support line breaks! Let's respond while carefully checking the numbers to see if the 22,000 KRW bottom support line holds up. Keep your mental strong, and I'll bring more fun data next week, bye! ✨

📰 Reference News (7)

1

KB Securities Recommends Buying 5 Stocks Including Samsung Electronics for the 4th Week of June

네이버뉴스 · 2026.06.27

📰 View original
2

[Special Report] Deepening Industrial Polarization... Semiconductors, Cables, and Shipbuilding

네이버뉴스 · 2026.06.28

📰 View original
3

'Shipbuilding Does It Again'... Offshore Data Centers Humming with Servers Instead of Ship Horns

네이버뉴스 · 2026.06.27

📰 View original
4

Global SMR Competition in Full Swing... South Korea,

네이버뉴스 · 2026.06.27

📰 View original
5

[HelloT] South Korea-US Shipbuilding Investment Council Launched... $150 Billion Investment in US Shipbuilding Takes Off

네이버뉴스 · 2026.06.27

📰 View original
6

Samsung Heavy Industries Closes in the 23,000 Won Range on June 26

네이버뉴스 · 2026.06.27

📰 View original
7

Shipbuilding Big 3 Narrows Gap with China, Double-Digit Operating Profit Margins Expected

네이버뉴스 · 2026.06.28

📰 View original

📺 Reference Videos (2)

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