NYSE:PKX (Korea, South) Also Trade In: Germany Japan Korea Mexico Singapore UK

POSCO $ 38.73 -1.06 (-2.66%)

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Volume:
42,804
Avg Vol (1m):
223,362
Market Cap $:
12.43 Bil
Enterprise Value $:
22.56 Bil
P/E (TTM):
9.84
P/B:
0.35
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POSCO News and Headlines - PKX

GuruFocus Articles Total 67
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POSCO and CenturyLink on the list

According to the GuruFocus All-in-One Screener as of Jan. 31, the following guru-held companies have high dividend yields but performed poorly over the past 12 months.

POSCO

POSCO's (PKX) dividend yield is 4.93% and the payout ratio is 0.93. Over the past 52 weeks, the price has fallen 20.99% and shares are trading with a price-book ratio of 0.40 and a price-earnings ratio of 19.34.

The Korean steel producer has a market cap of $15.24 billion. The return on equity of 2.11% and return on assets of 1.18% are underperforming 59% of competitors. The equity-asset ratio of 0.56

124 Views    Tiziano Frateschi    2020-01-31 17:56
Warren Buffett's business partner has triple-digit gains on 3 stocks, and substantially closed down another at a gain

Charlie Munger (Trades, Portfolio)’s dry wit and keen mind are often used in service of Berkshire Hathaway (BRK.A)(BRK.B) shareholders when he helps its chairman and CEO Warren Buffett (Trades, Portfolio) make investing decisions. The 95-year-old investor has more unilateral decision-making power over a portfolio elsewhere, however.

Munger is chairman of a California-based publishing company, Daily Journal Corp. (DJCO). There, along with the company’s vice chairman J.P. Guerin, he has a portfolio of six stocks. Four of the stocks were listed in the U.S. and, as of the end of the first quarter, were valued

3528 Views    Holly LaFon    2019-06-24 21:44
Guru's largest sales of 1st quarter

The present, chairman and CEO of Fairfax Financial Holdings, Prem Watsa (Trades, Portfolio) sold shares of the following stocks during the first quarter.

The POSCO (PKX) holding was closed. The trade had an impact of -0.82% on the portfolio.

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The steel producer has a market cap of $15.41 billion and an enterprise value of $27.94 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 3.85% and return on assets of 2.14% are outperforming 52% of companies in

79 Views    Tiziano Frateschi    2019-05-29 16:19
ArcelorMittal and Posco are massive bargains right now

Few sectors are as economically sensitive as the steel industry, and even top steel producers are not immune. Pro-business tax policies, a forgiving regulatory climate and solid demand for steel-intensive business should keep the sector moving up for years to come. In an industry that produced the world’s wealthiest man at the turn of the 19th century, steel has been mostly taken for granted by the market. Steel production is now just an incidental player on a world stage that is dominated by China, the largest producer and importer of the metal.

Even with the current administration helping Nucor (NUE)

92 Views    Jonathan Poland    2019-04-12 20:28
POSCO tops the list

I sometimes screen for stocks that are outperforming 20-year high-quality market corporate bonds in terms of a higher earnings yield. Such research increases the chances of uncovering a value stock. The bonds are securities representing the corporate loan issued by companies that are triple-A, double-A and single-A rated.

The most recent monthly observation on the spot rate of the 20-year bond indicates a 4.57% yield. The earnings yield is the inverse of the price-earnings ratio. My screening generated three steel stocks.

POSCO (PKX) has an earnings yield of 7.87%. The stock was trading around $59.3 per share on

96 Views    Alberto Abaterusso    2019-02-28 19:06
The guru's thoughts on buying good businesses

For the past 10 years, the portfolio Charlie Munger (Trades, Portfolio) manages at the Daily Journal (DJCO) has not changed at all. The company only owns four stocks, which it bought in the depth of the financial crisis at bargain basement prices. They are Wells Fargo (WFC) (54% of the portfolio), Bank of America (BAC) (41%), U.S. Bancorp (USB) (5%) and Posco (PKX) (0.4%).

In the years leading up to 2008, Munger sat on his hands. At that time, the Daily Journal was a highly cash-generative business, generating an average return on equity of 25% to 30%

1029 Views    Rupert Hargreaves    2019-01-16 23:27
The investor in undervalued situations has several new ones

Prem Watsa (Trades, Portfolio) is often considered the “Warren Buffett (Trades, Portfolio) of Canada” for his record of compounding Fairfax Financial’s book value by 20% annually since 1985 and his view of investing.

As a devotee of Benjamin Graham, the founder of value investing, Watsa historically purchased stakes in large stable companies and held for the long term. Lately, he has shown a penchant for buying wounded companies at low prices and waiting long periods for them to recover. One example is Blackberry, the former smartphone maker that fell from grace in 2011 when

815 Views    Holly LaFon    2018-09-19 21:53
Guru releases quarterly portfolio

Capital Growth Management co-founder Ken Heebner (Trades, Portfolio) initiated 21 new positions in the third quarter. Among these, he invested in five basic materials stocks: The Chemours Co. (CC), POSCO (PKX), Anglo American PLC (NGLOY), Builders FirstSource Inc. (BLDR) and Norbord Inc. (OSB).

As the name of his firm suggests, Heebner is a growth-oriented investor. Managing a fairly concentrated portfolio of 53 stocks, he invests largely in the financial services, consumer cyclical and basic materials sectors.

Chemours

Heebner purchased 770,000 shares of Chemours for an average price of $47.08 per share, giving it 1.71% portfolio space.

The

559 Views    Sydnee Gatewood    2017-11-10 16:56
Investors make mistakes in cyclical stocks for two reasons: 1) They think the stock is cheap when it's expensive. 2) They think the business is high quality when it's actually low quality

Someone emailed me this question:

“How do you take the industry cycle into your consideration? For example, you say CRMT shouldn't trade below receivables per share. I believe it does now and people may be worried that subprime auto loans are in the beginning of down trend (or frothy). I think it may not be a concern considering the company’s track record and in the long-term view, but I'm curious how you incorporate the industry cycle into your investment decision.”

One way to think of this question is to divide up what I think about “a cyclical

811 Views    Geoff Gannon    2017-03-31 20:26
As financials continue to rally, Warren Buffett's partner, who made a killing in the financial crisis, likes these banks

Charlie Munger (Trades, Portfolio) is an investor and the business partner of the world’s most famous investor, Warren Buffett (Trades, Portfolio), but he is also among the rarified group that cleaned up during the financial crisis. The fountain of wit, wisdom and ice-cold discipline got into the market at its most despairing and quietly made a small fortune, primarily on banks, which he still owns nearly a decade later. With the rally in financials in recent months, Munger has three that continue to thrive.

Munger’s move into stocks began in 2009 after keeping most

1799 Views    Holly LaFon    2017-02-28 23:22
Market and holdings overview

Market Overview

Emerging markets continued to move higher in the face of volatility fueled by concerns over China’s economic slowdown and its implications for the global economy. It was not a smooth ride, however, as the MSCI Emerging Markets Index was down double-digits in January before reversing course.

One of the first quarter’s strongest performers was Brazil, even as it remained mired in political instability amid President Dilma Rousseff’s potential impeachment and former President Lula da Silva’s return to the limelight. Brazilian equities, as measured by the MSCI Brazil Index, gained over 28% in U.S. dollar terms. Oil-price stabilization also

1087 Views    Holly LaFon    2016-05-11 19:50
Guru sells stakes in NVIDIA and Hyatt Hotels

Most of Third Avenue Management (Trades, Portfolio)’s largest fourth-quarter transactions were reductions of existing stakes. Third Avenue acquired five new stakes in the quarter, but most had modest impacts on the portfolio.

Third Avenue trimmed its stake in Weyerhaeuser Co. (WY), a Federal Way, Washington-based real estate investment trust, by nearly 23%. Third Avenue sold 2,660,082 shares for an average price of $30.26 per share. The transaction had a -1.98% impact on Third Avenue’s portfolio.

The remaining stake of 9,145,053 shares is 1.79% of Weyerhaeuser’s outstanding shares and 8.87% of Third Avenue’s total assets. First Eagle

1275 Views    David Goodloe    2016-03-16 22:32
Investor's only new 4th quarter investment is Berkshire Hathaway

Value investor and author [url=http://www.gurufocus.com/StockBuy.php?GuruName=Mohnish+Pabrai]Mohnish Pabrai[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Mohnish+Pabrai]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Mohnish+Pabrai]Portfolio[/url]) purchased a new holding in Berkshire Hathaway (BRK.B) during the fourth quarter — his only new investment during the period. Pabrai also threw in the towel with another notable holding, South Korean steel maker Posco (PKX).

Pabrai closed a previous position in Berkshire back in the first quarter, selling the holding for an average of $147.23 per share. Over the past year, [url=http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett]Warren Buffett[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Warren+Buffett]Portfolio[/url])’s holding company has declined 15% in price, and Pabrai took the opportunity to purchase 87,006 shares during the fourth quarter for just $134.21 per share.

3448 Views    Sheila Dang    2016-02-12 23:19
Baxalta is guru's only new buy in 4th quarter

Although Martin Whitman (Trades, Portfolio) has a reputation for being a “buy and hold” investor, many of Third Avenue Value Fund's largest transactions in the fourth quarter, which ended Oct. 31, 2015, were reductions.

The fund’s most significant fourth-quarter transaction was the reduction, by more than 48%, of the stake in POSCO (PKX), a Pohang, South Korea-based steelmaking company. Third Avenue sold 572,600 shares for an average price of $39.14 per share. The deal had a -1.41% impact on the portfolio.

The current stake is 0.17% of the company’s outstanding shares and 1.55% of the fund's total

1167 Views    David Goodloe    2016-01-05 23:02
Holdings and market review

Dear Fellow Investor,

Non-U.S. equities finished lower in the 12 months ended September 2015. Concerns about slowing economic growth, especially in China, contributed to the decline, along with weak oil prices and uncertainties over the timing of a U.S. interest-rate increase.

European and Japanese markets fell, most significantly in the third quarter, amid fears that weakness in China and other emerging markets may weigh on exporters who rely heavily on Chinese demand. In Japan, those same fears seemed to have overshadowed renewed optimism and investor sentiment that have buoyed the market in the past two years.

Emerging markets suffered the

1057 Views    Holly LaFon    2016-01-05 19:23
Canada-based investor releases recent quarter portfolio update

Prem Watsa (Trades, Portfolio)’s Fairfax Financial Holdings, a Berkshire Hathaway (BRK.A)(BRK.B)-style insurance conglomerate with a stock portfolio, purchased three new stocks in the recent quarter, one of which is a former Warren Buffett (Trades, Portfolio) holding, he reported Friday.

Watsa started positions in Altera Corp. (ALTR), Yodlee Inc. (YDLE) and POSCO (PKX), bringing his total holdings to 40 in a portfolio valued at $1.08 billion. Buffett sold his stake in steelmaker POSCO, which totaled 5.1% of its shares at the end of 2012, in March, which negatively impacted the stock. Shares have declined 43%

2206 Views    Holly LaFon    2015-11-13 18:01

Value investor Mohnish Pabrai (Trades, Portfolio), managing partner of Pabrai Investment Funds, has a history of investing in out-of-favor smaller companies, but, for the first quarter in more than a year, he neither bought a new stake nor added to an existing one in his portfolio.

It has been noted, however, that he tends to maintain a concentrated portfolio, typically containing fewer than two dozen stakes. In the second quarter, the number of stakes in Mohnish Pabrai (Trades, Portfolio)’s portfolio went down by one – to seven.

Citigroup Inc. (C), a New York-based banking

1649 Views    David Goodloe    2015-08-11 21:10

Benjamin Graham is the father of value investing who, through his teachings, created an investment philosophy that has lasted over 75 years. He wrote two of the greatest investment books ever written, "The Intelligent Investor" and "Security Analyst." Some of the greatest and most profitable investment managers are students of Graham and his airs like Warren Buffett (Trades, Portfolio). Value Investing has changed from what Graham originally created, having evolving into a investment philosophy that values a business on far more than its assets. Today some investors seek out classic Graham Net Asset Stocks

2366 Views    Cody Eustice    2015-07-13 16:12

Mohnish Pabrai (Trades, Portfolio) is the managing partner of Pabrai Investment Funds, which oversees a group of focused value funds. During the first quarter, Pabrai added to his holdings in two stocks, while trimming two others, according to GuruFocus Real Time Picks.

Pabrai runs a concentrated portfolio with just eight stocks; his two largest holdings are automobile companies Fiat Chrysler (FCAU) and General Motors (GM).

Pabrai increased his stake in POSCO (PKX) by almost 226% during the first quarter, adding 681,910 shares at an average price of $60.84 per share as the stock price declined. He

2148 Views    Sheila Dang    2015-05-14 21:06

According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

POSCO (PKX): Down 24% since RS Investment Management (Trades, Portfolio) bought in the quarter ended on 2014-09-30

RS Investment Management (Trades, Portfolio) added to his holdings in Steel company POSCO by 184.71% during the quarter ended 09/30/2014. His purchase prices were between $71.97 and $86.37, with an estimated average price of $80.04. Since then the prices of POSCO shares have declined by -24% from the estimated average. RS Investment Management (Trades, Portfolio) owned 135,273 shares of

730 Views    hyperman299    2015-02-23 17:17

Headlines Total 29
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2020-05-18 $ 35.76 (4.35%)
7:11am
2020-05-06 $ 36.35 (-0.08%)
2:39pm
2019-06-24 $ 52.63 (0.88%)
4:44pm
2019-05-29 $ 49.05 (0.72%)
11:19am
2019-02-28 $ 58.3 (-1.69%)
1:06pm
2018-10-26 $ 57.86 (-0.6%)
11:05am
2017-03-31 $ 64.5 (0.5%)
3:26pm
2016-01-05 $ 35.56 (2.18%)
5:02pm
2015-11-13 $ 36.32 (%)
12:01pm
2015-07-13 $ 48 (3.4%)
11:12am
2015-05-14 $ 59.12 (%)
4:06pm
2015-02-23 $ 61.5 (1.05%)
11:17am
2015-02-09 $ 60.24 (-0.17%)
3:56pm
2014-12-22 $ 64.97 (-0.72%)
9:20am
2014-07-23 $ 77.13 (2.42%)
5:05pm
2014-06-06 $ 70.95 (0.84%)
11:00am
11:00am
2014-02-11 $ 68.01 (1.49%)
4:18pm
2013-12-26 $ 78.6 (0.18%)
4:57pm
2013-03-26 $ 73.52 (0.74%)
9:17am
2012-04-19 $ 82.96 (-0.5%)
10:49am
2012-04-05 $ 82.69 (0.45%)
7:37am
2011-09-23 $ 77.93 (-0.12%)
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2011-05-20 $ 103.19 (-2.12%)
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2010-11-30 $ 97.93 (0.75%)
10:22pm
2010-11-15 $ 102.78 (-0.17%)
3:38pm
2010-09-09 $ 107.61 (0.23%)
5:17pm
2007-03-20 $ 102.1 (0.75%)
8:56pm
2007-03-08 $ 94.27 (0.12%)
10:34pm
Total 29
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