SK Telecom Co., Ltd. (ADR) (NYSE:SKM)
CAPS Rating:
The Company is a wireless telecommunications services provider that focuses on the commercial development and provision of wireless data and Internet services.
The Company is a wireless telecommunications services provider that focuses on the commercial development and provision of wireless data and Internet services.
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Recs
This company is undervalued based on its growth prospect. P/E of 10 is more suitable for banks and other financial institutions (i.e. slower growers)!
This is a very strong korean company, but unfamilar with many US investors. Basically, there is nearly no chance of this company going downward near future. I have every confidence that this company will do fairly well. How well? I don't know. But I know it is very difficult to lose money 1) if you buy this company at 10P/E and 2) if you are willing to stay with this company for a long term.