Samsung shares meltdown lures some investors to buy

The debacle that sent Samsung Electronics to its biggest three-day stock rout since 2012 isn’t scaring TT International and Skagen from South Korea’s biggest company.
Samsung shares meltdown lures some investors to buy

“Samsung offers exceptional value; we have added to our position,” said Duncan Robertson, a portfolio manager at TT International, whose Asia Pacific Equity Fund beat 90% of peers over the past year with a 21% annual return.

“The battery issue can only be a long-term threat if the company doesn’t take the correct steps to restore its brand. We have confidence that they have taken the correct steps so far,” he said.

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