7Mes·

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 logo
Acquistato x10 a 50,90 €
509,00 €
16
4 Commenti

immagine del profilo
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
immagine del profilo
@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
2
immagine del profilo
@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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