Largest telephone company in Korea. Not a growth stock but has a good dividend. Has a wireless division. Big cap stocks in Korea have not been in favour, which is why it has not performed as well in recent times.
(A Top Pick Dec 5/05. Down 4%.) The largest telecom carrier in Korea. This is a long-term story. Totally out of favour now so valuations have become very cheap. Dividend is 7% plus.
A low risk stock. Has been doing severe cost cutting to become more profitable. I yield of about 6.6%. Korean currency will be going up against the US$.
Tends not to play too much on the local market phone companies. Not seeing a tremendous growth rate in telephony in Korea. They are very much ahead of the curve in high-speed technology but would rather have a broader perspective.
He is looking for an exit on this one. If it goes up another $1 or two, he'll probably sell. Korean market is exciting and this is a staid telephone company, so he'd like to get into something different.