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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (26636)4/22/2007 4:31:37 PM
From: anializer  Read Replies (2) | Respond to of 78999
 
Net Earnings in 2006 were 3.206 trillion Korean Won.
Net Earnings in 2005 were 4.013 trillion Korean Won.
Net Earnings in 2006 were 3.826 trillion Korean Won.

Average of last 3 years is 3.682 trillion KW or 3.964 bil US. It comes to 12.38/ADR average. Looks like it meets the stated criteria. Feel free to double check my figures and conversions. I believe they are correct.

That said, I was looking for a few leaps to try and get a small play going, but they don't appear to be CBOE issue, and I haven't found anything past November 07. They must have leaps, but probably on another exchange, so I'll hunt around. If you happen across any 2009's let me know. FWIW, I was buying PKX in the 50's based on huge Korean shipbuilder demand for product, but let it go too early for small gains. Did not execute the value strategy well as patience has never been one of my best attributes.