Posco (PKX-N) Stock Predictions - Stockchase
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Posco (PKX-N)

ON STOCKCHASE SINCE Apr 2005

hot and cold rolled steel products

steel

Posco

PKX-N

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Posco (PKX-N) SAVE Apr, 22, 2019, 11:19 pm

57.51 2.13 (3.57%)

About Posco (PKX-N)

POSCO is a multinational steel-making company headquartered in Pohang, South Korea. It had an output of 42 million tonnes of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. More at Wikipedia

What the experts are saying about PKX-N



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DON'T BUY
Posco(PKX-N) 

April 15, 2013

Korean steel company. World-class facility. Stock is off 15% over the last year. This is a warrant on your view of what global economic growth is going to be, what Chinese industrial demand is going to be and, therefore, incredibly volatile. Looks cheap but the question is, are the earnings sustainable. Steel stocks are cyclicals and you buy them when they look dreadful and sell them when everything looks wonderful. At the moment they look okay, but sentiment is turning and you don’t want to be there at the moment.

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Korean steel company. World-class facility. Stock is off 15% over the last year. This is a warrant on your view of what global economic growth is going to be, what Chinese industrial demand is going to be and, therefore, incredibly volatile. Looks cheap but the question is, are the earnings sustainable. Steel stocks are cyclicals and you buy them when they look dreadful and sell them when everything looks wonderful. At the moment they look okay, but sentiment is turning and you don’t want to be there at the moment.

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Gavin Graham

Trustee, Pointbreak ETFs...

Price Price
$69.620
Owned Owned
Unknown

COMMENT
Posco(PKX-N) 

August 1, 2012

Great case of a fantastic company where the time is not right. It is the best steel company globally. Highest returns, highest profits, great customer base, good expansion in both India and especially Indonesia. Doesn't own it because there is significant global overcapacity. If you can stomach medium-term volatility over the next year or 2 and you have a five-year time horizon, it will serve you very well.

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Great case of a fantastic company where the time is not right. It is the best steel company globally. Highest returns, highest profits, great customer base, good expansion in both India and especially Indonesia. Doesn't own it because there is significant global overcapacity. If you can stomach medium-term volatility over the next year or 2 and you have a five-year time horizon, it will serve you very well.

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Charles Lannon

Director o, Toron Investment Man...

Price Price
$80.930
Owned Owned
No

HOLD
Posco(PKX-N) 

July 9, 2012

This is a “Risk-On” security. If you look at the South Korean index, this is their bellwether cyclical stock in the SK benchmark. Widely owned institutionally and retail and there is a lot of money inflow/outflow into the stock. If you like steel, Buy South African’s Kumba Iron Ore (KIROY-N), which gives you a 9% yield.
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This is a “Risk-On” security. If you look at the South Korean index, this is their bellwether cyclical stock in the SK benchmark. Widely owned institutionally and retail and there is a lot of money inflow/outflow into the stock. If you like steel, Buy South African’s Kumba Iron Ore (KIROY-N), which gives you a 9% yield.
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Srikanth Iyer

Sr Portfol, Guardian Capital...

Price Price
$81.390
Owned Owned
Unknown

BUY
Posco(PKX-N) 

January 6, 2011

Very popular emerging market stock. High degree of vertical integration (cheap access to coal and iron ore). Had a great run due to Chinese demand.
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Very popular emerging market stock. High degree of vertical integration (cheap access to coal and iron ore). Had a great run due to Chinese demand.
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Charles Lannon

Director o, Toron Investment Man...

Price Price
$111.810
Owned Owned
Unknown

DON'T BUY
Posco(PKX-N) 

March 18, 2008

Not a buyer of steel stocks right now.
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Not a buyer of steel stocks right now.
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Mark Grammer

Managing D, Gluskin Sheff & Asso...

Price Price
$115.490
Owned Owned
Unknown

BUY
Posco(PKX-N) 

August 16, 2005

Many believe it is the premier steel company in the world. Have been benefiting from the big demand in new ships. Korean auto companies are also doing very well. Produce a very high quality steel. Even the Chinese are buying from them because they want the high end steel. Stock is fairly cheap.
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Many believe it is the premier steel company in the world. Have been benefiting from the big demand in new ships. Korean auto companies are also doing very well. Produce a very high quality steel. Even the Chinese are buying from them because they want the high end steel. Stock is fairly cheap.
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Mark Grammer

Managing D, Gluskin Sheff & Asso...

Price Price
$53.170
Owned Owned
No

DON'T BUY
Posco(PKX-N) 

July 25, 2005

Has had a heck of a run, pretty well doublng over the last 24 months. One of the lowest cost producers of steel in the world. Well managed and very up to date on the technology for steel production. Starting to see some competition coming in. Watching closely with the possibility of lightening up his position.
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Has had a heck of a run, pretty well doublng over the last 24 months. One of the lowest cost producers of steel in the world. Well managed and very up to date on the technology for steel production. Starting to see some competition coming in. Watching closely with the possibility of lightening up his position.
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Don Reed

President , Franklin Templeton I...

Price Price
$49.390
Owned Owned
Yes

DON'T BUY
Posco(PKX-N) 

April 12, 2005

A steel company operating out of South Korea. One of the cheapest steel producers in the world. They are benefiting by all the infrastructure plays that are going on right now. The price has moved up very smartly so be a little cautious at these levels.
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A steel company operating out of South Korea. One of the cheapest steel producers in the world. They are benefiting by all the infrastructure plays that are going on right now. The price has moved up very smartly so be a little cautious at these levels.
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Don Reed

President , Franklin Templeton I...

Price Price
$49.000
Owned Owned
Unknown

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