PohangHi, I'm here to talk about PKX if anyone wants to chat.
I think this company is solid, and a US/Korea trade deal would be sweet.
Ford buying Daewoo will give PKX more business and the whole auto industry will buy this steel due to the exchange rate in currency. Pohang is over %43 foreign owned as of Dec/99.
The only downturn I see is a slowdown in the economy worldwide (not a huge slowdown), yet any slowdown may affect the demand for Pohang steel. Still, it's off almost %50 of it's high and definitely attractive.
Not a bad stock to have in ones portfolio. imo
More DD coming when I get a chance to post it.
Happy Trading :)