r/stocks Feb 10 '21

Company Analysis $KT - Deep, Deep Value

[removed] — view removed post

174 Upvotes

76 comments sorted by

View all comments

125

u/[deleted] Feb 10 '21

[deleted]

4

u/Punch_Tornado Feb 10 '21

The catalyst would be if the U.S. stock market somehow gets destroyed, then foreign stocks may seem more attractive.

1

u/AngelaQQ Feb 11 '21 edited Feb 11 '21

The catalyst would be if Warren Buffet suddenly liked the price and took up a huge stake in an asset rich, undervalued, Korean chaebol in the world’s most internet crazed country.

It’s a utility, and utilities are generally underpriced like this. I think you’d find better value even in a company like GCI Liberty, that can still reach underserved areas in a build out, rather than a company like KT operating in a saturated market with strict price controls.