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Moonlight πŸ‡»πŸ‡³
Moonlight πŸ‡»πŸ‡³
#SKhynixQ3HBM4Earnings $SKHY part 2: the Kioxia math πŸ“‰ Kioxia fell 89,680 β†’ ~54,300 yen in Q3 (βˆ’39.5%). Yen βˆ’10% vs won. SK hynix still holds Kioxia convertible bonds, marked to market β†’ est. βˆ’15 to βˆ’29T KRW loss. Won +12% vs USD also hits its USD cash. My bridge: net profit ~38–48T vs ~62T needed β†’ ~$4–5 per ADS vs $6.26. NFA #OKXOutcomes #EarningsSeason

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