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

To: Paul Senior who wrote (49440)	9/16/2012 2:39:18 PM
From: Madharry	1 Recommendation Read Replies (1) \| Respond to of 78753

I dont know that i would buy a hyundai again . at the time it seemed a good deal . the elantra was several thousand cheaper than the toyota corrolla seemd roomier and came with a 100000 milier warranty. now that i ve had the car for 10 year and over 160,000 miles, I ve put over $3000 into it and have a rusty car that has broken down at least 5 times in the past 2 years for one reason or another. if I had a toyoata or subaru i would be comfortable that i could get another 50,000 miles out of it without putting another $3,000 into it but now im not sure. the milage was never that great either. I suspect that I will probably buy some kind of prius or diesel car next.

To: Paul Senior who wrote (49440)	9/17/2012 12:50:55 AM
From: gizwick	Read Replies (2) \| Respond to of 78753

PE of 1.1 and $28.00 in earnings. Not bad for a $31.00 stock except for political risk which has stopped me from Korean stocks before.

To: Paul Senior who wrote (49440)	9/18/2012 11:39:34 AM
From: ValueGuy	Respond to of 78753

I know how some of you feel about articles posted on SA, but since I'm a lazy sod I do frequent it a lot :S Anyway...good start on Hyundai: seekingalpha.com Also, link to the hyundai corporate IR website (apologies I did not provide any analysis myself! - can't access the downloads myself as I am currently at work so can't vouch whether its in korean or not!) worldwide.hyundai.com IMHO, Hyundai has really come into its own, there are so many of them where I live (in Malaysia) and they're really challenging the jap cars over dominance of the economical but reliable cars. The Genesis really looks like a buy for me, but I bought a Honda a couple of years back so still trying to run that into the ground : )

To: Paul Senior who wrote (49440)	9/18/2012 3:52:21 PM
From: Paul Senior	1 Recommendation Read Replies (1) \| Respond to of 78753

Hyundai. Ha! This again is my issue with SA: bunch of talkers mostly, and very few doers. Like the SI guy, who owns no shares. If he actually tried to buy the stock, he might be surprised: About my recent comment here: Turns out I appear to be wrong --- I don't know how I missed it, but the company shares seemingly can be bought as HYMTF. Thinly-traded, but available, according to Yahoo: I now add: Available maybe, but as before, not so convenient or inexpensive to buy. So I will reaffirm my comment here, I have posted in past how difficult it was for me to actually buy any Hyundai -- it didn't trade -- or rarely traded(http://finance.yahoo.com/q?s=HYMLF) -- on the pink sheets. (And buying anything on the Korean market I found to be too tough --- brokerage fees/middleman fees/exchange fees make small buys not worth it.) My experience is again, Hyundai stock (HYMTF, HYMLF, HYMLY) cannot (at my brokerage anyway) be bought without broker assistance. Which results in a higher brokerage fee + a Korean middleman fee. Result: more than 10x my usual commission on any trade. Although, IF you bought enough shares at one time, or if you kept the shares as long as you might keep your Hyundai car, it possibly makes the expensive acquisition/sales costs negligible (if the stock works out). I'm just not willing to pay the price of entry though. Anybody's experience with Hyundai different? Might I be the only guy around here who actually has placed or tried to place a buy order? It's a growing company, and p/e seems to be under 9. May be a good buy. I'll continue to play it though through iShares Korea Index.