As the second term of Donald Trump in the United States forecasts a supercycle in the shipbuilding industry, the stock price of Oriental Precision, a company related to shipbuilding, is soaring. In particular, it is observed that related orders are expected to be received in 2027-2028, leading to growth based on solid performance.
The domestic and U.S. stock investment service MK Signal has achieved a return of 23.62%, successfully realizing profits. MK Signal is a daily economic securities information service that provides investment information and trading signals for over 8,000 domestic and U.S. stocks through a single app, powered by artificial intelligence (AI).
Oriental Precision is a company that primarily produces deckhouses, which are living quarters on ships, and ship cranes. It is the number one company in the domestic shipbuilding crane market, with major clients including Samsung Heavy Industries, HD Hyundai, Hanwha Ocean, and Daehan Shipbuilding. In the third quarter, Oriental Precision recorded an operating profit of 20.7 billion won, a 100% increase compared to the same period last year. Sales also increased by 32%. This improvement in performance is attributed to the growth of its core business, the deckhouse segment. Notably, news that Samsung Heavy Industries, Oriental Precision's largest client, achieved 70% (33 ships, $6.8 billion) of its target of $9.7 billion in orders for liquefied natural gas (LNG) carriers and ammonia carriers this year has driven the stock price up.
According to MK Signal, from the 3rd to the 9th of this month, among the stocks traded by AI on a weekly basis, the highest returns for domestic stocks were Oriental Precision (23.62%), NAVER (20.05%), DGB Financial Group (4.5%), and NICE Evaluation Information (4.19%). For U.S. stocks, the highest returns were Citizens (CIA, 55.67%), Quantarsing Group (QSG, 46.45%), and Cogent Communications Holdings (CCOI, 33.81%).
[Hong Seong-yong, Reporter]
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[MK Signal] Is a Supercycle in Shipbuilding Coming? Oriental Precision's Stock Soars
- Input :
- 2024-12-10 17:27:07