The IR team is responding like they're reading from a Korean textbook...
Micron has the CEO coming out and answering, and even openly disclosing the LTA contract terms,
but Hynix has employees responding, and their answers are truly at a textbook level..
Moreover, instead of announcing share buybacks during the earnings call, they say they will review them and announce them later,
but usually this drags on for too long, and the market seems to be viewing it negatively.
As soon as the news about the share buyback review came out, the price dropped, and now it's hovering around yesterday's price level.
Earnings calls are one of a company's capabilities, but if they keep having earnings calls that seem fishy, the market will become more suspicious. This earnings call is really making me wonder...
Today's Sigegate earnings call was so different...
Samsung's earnings call is tomorrow at 10 am, and I hope they come out differently.
