10Mon·

Yesterday a first tranche $HYUD Hyundai into the portfolio yesterday. I will continue to build up the position in the future, the target is 50 shares. I think Hyundai is favorably valued even though they have a lot of debt and although there are no easy times ahead for car manufacturers. And even though I see Hyundai as the industry leader alongside Tesla, Byd and Toyota, I bought the stock mainly because of Boston Dynamics.

07.11

Hyundai Motor Company GDR

Bought x10 at €50.90

€509.00

4 Comments

Kai@Dividenden-Sammler

10Mon

Which share? The whole thing is a certificate of a US issuer. Have you ever asked yourself why the ISIN of your Korean company starts with US and not with KR?
The share would be $005380

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Michael@FireSale

10Mon

@Dividenden-Sammler I know what GDR means yes. there is simply no other way for me to invest in Hyundai and I don't understand the sometimes great aversion to ADR/GDR. For example, I also have $NSRGY or $BABA. so what. if there are such international conflicts that result in a delisting, we have completely different problems

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Kai@Dividenden-Sammler

10Mon

@FireSale Delisting is the lesser problem with ADR/GDR. I see more of a problem with difficulties at the issuer - Lehman Brothers sends its regards. At that time, such certificates issued by the big US bank defaulted even though the companies behind them were doing well. You have a problem from two sides - the issuer and the company. Not to mention that you are not a partner/shareholder in the company. If you know that, it's ok if you buy it anyway.

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asset_sage_389@asset_sage_389

10Mon

@Dividenden-Sammler

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