According to SK Securities, BLACKPINK’s comeback most likely delayed until 2020 + YGE is reportedly planning a BLACKPINK tour and Treasure 13's debut

Dragon of the West

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There should be caution in buying shares of YG Entertainment.

Jeon Young Han, an analyst at SK Securities Co., said that YG Entertainment will continue to suffer losses until next year because Blackpink’s upcoming comeback will most likely be delayed until then.

On the 14th, analyst Jeon said that YG Entertainment is maintaining a “HOLD” recommendation and a 27,000 won target price.

Yesterday, YG Entertainment stocks closed at 25,550 won.

Analyst Jeon revealed, “YG Entertainment’s Q4 earnings will be sluggish due to delays of their artists’ activities and promotions. As Blackpink’s comeback will likely be pushed until next year, YG Entertainment will continue to incur losses into Q4.”

Because AKMU’s new album recently rose to the top of music charts and WINNER, who had a comeback in October, began their Asia tour,

YG Entertainment’s Q4 performance is expected to exceed its Q3 performance.

Despite the two groups’ promotions, YG Entertainment is expected to not make a profit in the fourth quarter.

In the third quarter, YG Entertainment generated sales of 63.7 billion won and operating losses of 3.1 billion won.

However, it has been found that YG Entertainment has a chance of performing better next year.

“The company’s performance has a chance to improve once Big Bang’s contract renewal is confirmed and the specific plans for Blackpink’s global tour and Treasure 13’s debut are also confirmed.”

 

SageWren

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Lol they were never getting a comeback this year, YG is fully on the bare minimum train for BP.
 

rektinq

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well, sadly wasn't surprised at bp comeback delayed
 
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