SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Korea Telecom - KTC

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext  
From: jeeee43/1/2010 1:18:05 PM
   of 5
 
Recommended as value stock
Buy by value investor, the quote is...

"Brandes opened a new position in KT Corp. a Korean telecom company, Historically, the company has derived most of its revenue and profits from the fixed wireline business, but it is expanding its operations in the faster-growing broadband and wireless markets. The company is the dominant fixed-line company in Korea, with a better than 90% market share, but the subscriber base is shrinking. The stock trades at 1.3 times book value and 14 times earnings, so it is worth looking at around these levels. I have it on my "buy on a dip" list, as I prefer to pay less than tangible book for most stocks."

Also note: The PE goes down further looking forward rather than backward, leaving a very low PEG (PE is less than growth)
JimG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext