Remembering Wheesung Through His Iconic Albums - A Comfort for Fans

Image
  Remembering Wheesung Through His Iconic Albums - A Comfort for Fans" On March 10, 2025, we lost Wheesung (Choi Whee-sung), a voice that defined 2000s R&B with his soulful depth and explosive talent. He was only 43. As a fan, hearing this sudden news broke my heart, but his music remains a timeless gift that stays with us forever. With a heavy heart, I want to honor him by sharing his legendary albums, hoping to bring a little solace to all of us who loved him. 1st Album - Like A Movie (2002) This debut album introduced me to Wheesung. The title track "Can’t We?" with its heartfelt melody and his pleading voice won me over instantly, launching him to stardom. Songs like "Untold Story" still linger in my soul. It’s a treasure of his youthful passion. To us fans : "Play this and remember the first time you fell for him. His vo...
Post a Comment

How Kemyang’s Stock Plummeted After Being Labeled a Negligent Disclosure Company: Full Breakdown

 

How Kemyang’s Stock Plummeted After Being Labeled a Negligent Disclosure Company: Full Breakdown

Table of Contents

  1. What Happened to Kemyang’s Stock on March 6, 2025?
  2. Why Was Kemyang Designated as a Negligent Disclosure Company?
  3. Kemyang’s Response and Future Plans
  4. Key Terms Explained
  5. Kemyang Employee Salary Insights
  6. Kemyang Stock Price Trends
  7. Kemyang Revenue Trends
  8. Related Product Recommendations

요약설명 (Summary)

Kemyang’s stock crashed 25% on March 6, 2025, after being labeled a negligent disclosure company and managed stock due to a canceled $450B rights issue.

상세설명 (Detailed Description)

Kemyang, a South Korean company listed as 001570, saw its stock dive 25.38% to 13,260 KRW on March 6, 2025, shortly after trading resumed. This followed its designation as a negligent disclosure company and managed stock, triggered by a retracted 450 billion KRW rights issue and past inflated Mongol mine projections. The stock hit a 52-week low of 13,020 KRW, reflecting investor unease. Kemyang apologized and vowed to recover through operational improvements and new contracts. Curious about the full story? Keep reading!

What Happened to Kemyang’s Stock on March 6, 2025?

On March 6, 2025, Kemyang’s stock took a nosedive, dropping 4,510 KRW (25.38%) to 13,260 KRW by 10:25 AM, according to MP Doctor. The plunge came right after trading resumed following a one-day suspension on March 5. The stock even hit a 52-week low of 13,020 KRW during the session, signaling a brutal sell-off. Why? The company’s recent designations as a negligent disclosure company and managed stock shook investor confidence to its core.

Why Was Kemyang Designated as a Negligent Disclosure Company?

Kemyang’s troubles stem from two major missteps. First, back in September 2024, it announced a massive 450 billion KRW rights issue to shareholders, only to scrap it in January 2025 after regulatory pushback. This flip-flop earned it a “negligent disclosure” label from the Korea Exchange, piling on 7 penalty points. Second, the company had already been flagged in 2024 for exaggerating performance estimates tied to its Mongol Mongla mine project, racking up 10 more points. With a total of 17 penalty points—exceeding the 15-point threshold—Kemyang was slapped with managed stock status and booted from the KOSPI 200 index. Ouch!

Kemyang’s Response and Future Plans

Kemyang didn’t stay silent. In an apology, they admitted the Mongol mine acquisition and rights issue cancellation led to “significant penalties.” They’re now promising “intense improvements” to shed the managed stock tag ASAP. Their game plan? Strengthen direct control over the Mongla mine for solid sales, fast-track the Kijang factory completion with fresh investments, and lock in global contracts to boost profits. Bold moves—but will they work?

Key Terms Explained

  • Negligent Disclosure Company: A firm penalized for misleading or incomplete public disclosures, like Kemyang’s rights issue U-turn.
  • Managed Stock: A stock under extra scrutiny due to high penalty points (15+ in a year), risking trading halts or delisting.
  • Rights Issue: Selling new shares to existing shareholders, often to raise capital. Kemyang’s was worth 450 billion KRW before it collapsed.
  • KOSPI 200: A key South Korean stock index; Kemyang’s exit here is a big blow to its prestige.

Kemyang Employee Salary Insights

While exact figures for 2025 aren’t public, industry sources suggest Kemyang employees in South Korea (e.g., in manufacturing or R&D) earn around 30-50 million KRW annually, depending on role and seniority. Managers might pull in 60-80 million KRW. These are rough estimates based on similar firms—tough times could mean tighter belts ahead!

Kemyang Stock Price Trends

Kemyang’s stock has been a rollercoaster:

  • July 2023: Peaked at 194,000 KRW amid battery sector hype.
  • October 2024: Fell to 35,100 KRW after the Mongol mine fiasco.
  • March 6, 2025: Crashed to 13,260 KRW, a 52-week low, post-trading resumption.
    The downward spiral reflects investor distrust—can they climb back?

Kemyang Revenue Trends

Kemyang’s revenue has stumbled lately:

  • 2022: Steady, buoyed by foaming agents and battery ventures.
  • 2023: 146 billion KRW loss as costs soared.
  • 2024: A whopping 545 billion KRW operating loss, per their latest filing, due to expansion flops and write-downs.
    Turning this around hinges on their Mongol mine and factory bets.

Related Product Recommendations

  1. Stock Trading Guidebook - Learn to navigate volatile stocks like Kemyang’s (Available on Amazon).
  2. Financial News Subscription - Stay updated with real-time market shifts (Try Yonhap or Edaily).
  3. Investment Tracker App - Monitor Kemyang’s recovery (e.g., Kiwoom Securities app).

#Tags: #KemyangStock #StockMarketCrash #NegligentDisclosure #ManagedStock #SouthKoreaInvesting #KOSPI200 #MongolMine #RightsIssue

Location: South Korea

Comments

Post a Comment