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Andrew Weiss On South Korea’s Potential Upside

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Rupert Hargreaves
Published on
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Ira Sohn London: Andrew Weiss, President and CIO of Weiss Asset Management

Andrew Weiss On South Korea's Potential Upside

Trade Idea: Korea, Hyundai Motor Co (KRX:005385) (OTCMKTS:HYMLF)

Price Target:

Valuation: 6.9 times earnings ordinary shares, 3.1x earnings for the preferred

Themes:

Andrew Weiss on Korean stocks

Stocks are cheap compared to similar markets. Growth prospects, six times more graduates entering the work market than leaving. The best numeracy and literacy test scores of developed nations. Well developed infrastructure. Debt to GDP is 36%, less than 8% if you net out FX reserves and gold. Budget surplus for the...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha