The Technical Analyst
Korea Fund Inc [KF]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Korea Fund Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
-1.08% $24.06
America/New_York / 9 mai 2024 @ 12:18
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 118.43 mill |
| EPS: | 3.58 |
| P/E: | 6.72 |
| Earnings Date: | Oct 25, 2024 |
| SharesOutstanding: | 4.92 mill |
| Avg Daily Volume: | 0.0188 mill |
| RATING 2024-05-09 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Sell | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.68x |
| Company: PE 6.72 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.34x |
| Company: PE 6.72 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$0.113 (-99.53%) $-23.95 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 23.68 - 24.45 ( +/- 1.59%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-09-26 | Hu Yan | Buy | 500 | Ordinary Shares |
| 2021-10-20 | Hu Yan | Buy | 0 | |
| 2021-01-01 | Crinage Simon James | Buy | 0 | |
| 2021-01-01 | Cho John Wonki | Buy | 0 | |
| 2021-01-01 | Jpmorgan Asset Management (asia Pacific) Ltd | Buy | 0 |
| INSIDER POWER |
|---|
| 100.00 |
| Last 63 transactions |
| Buy: 39 461 | Sell: 535 196 |
Forecast:
13:58 - $24.24
Live Trading Signals (every 1 min)
Forecast
1: 12:28 - $24.03
Forecast 2: 13:18 - $24.24
Forecast 3: 13:58 - $24.24
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 |
| Volume Signals | |
|---|---|
| Price | $24.06 (-1.08% ) |
| Volume | 0.0014 mill |
| Avg. Vol. | 0.0188 mill |
| % of Avg. Vol | 7.66 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For KF
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
KF
The Korea Fund, Inc. is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity markets of Korea. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies. It employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as price-to-earnings ratios, dividend yields, and earnings-per-share growth to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI Korea 25/50 Index. It uses 'Grassroots Research' to make its investments. The Korea Fund, Inc. was formed on August 29, 1984 and is domiciled in the United States.
Latest Press Releases
2023-09-27 16:00:00 - Press Release
The Korea Fund, Inc. Announces Changes To Its Discount Management Program
New york--(business wire)--the board of directors (the “board”) of the korea fund, inc. (nyse: kf) (the “fund”) has appointed citigroup global markets inc. (the “program manager”) to serve as its agent and broker for purposes of implementing the fund's discount management program (the “program”). the program provides that the fund may repurchase annually up to 10% of its common shares outstanding as of the close of business on june 30th of the prior year in open market transactions when such sh.
2021-03-02 16:20:00 - Press Release
The Korea Fund, Inc. Reports Results For The Fiscal Quarter Ended December 31, 2020
New york--(business wire)--the korea fund, inc. (the "fund") (nyse: kf), a non-diversified, closed-end investment company, which seeks long-term capital appreciation through investment in securities, primarily equity securities of korean companies, today announced its results for the fiscal quarter ended december 31, 2020. at december 31. 2020 2019 net assets $236,390,356 $174,443,680 shares outstanding 5,019,976 (a) 5,071,095 net asset value ("nav") $47.09 $34.40 market price $40.35 $29.83 dis
2020-12-24 13:05:00 - Press Release
The Korea Fund, Inc. Temporarily Halts Its Discount Management Program
New york--(business wire)--the korea fund, inc. (nyse:kf) (the “fund”) announced today that it is temporarily halting its discount management program (“dmp”) in advance of the fund's transition of its investment management and administration to jp morgan asset management (asia pacific) limited and its affiliates, which is expected to take effect on or about december 31, 2020. the korea fund, inc. is a non-diversified, closed-end investment company. the fund seeks long-term capital appreciation
2020-12-18 16:05:00 - Press Release
The Korea Fund, Inc. Declares Year-end Distribution
New york--(business wire)--the board of directors of the korea fund, inc. (the “fund”) (nyse: kf) announced today they have declared a net investment income dividend of $0.5255 per share, payable on january 11, 2021, to stockholders of record on december 28, 2020, with an ex-dividend date of december 24, 2020. the actual composition and character of the distributions stated above may be materially different from the composition or characterization of such distributions that existed at the time
2020-12-03 16:05:00 - Press Release
Korea Fund Announces Adoption Of Conditional Tender Offer Policy
New york--(business wire)--the korea fund, inc. (nyse: kf) (the “fund”) has announced that its board of directors (the “board”) has adopted a policy (the “policy”) pursuant to which it will cause the fund to conduct an issuer tender offer for up to twenty-five percent (25%) of its then issued and outstanding shares of common stock on or before september 30, 2024, and thereafter on each third year anniversary of september 30, 2024, if the fund's total return investment performance measured on a
Latest News
2024-05-01 20:27:17 - Seeking Alpha
Korea Fund: The Wind Is Still In Its Sails
Korean large-cap fundamentals remain very attractive. The Korea Fund stands to benefit from more tech-led outperformance. A narrowing NAV discount adds compelling optionality.
2024-05-01 13:29:03 - Seeking Alpha
Korea Fund: Broadly Favorable, But Risks Remain
The Korea Fund Inc. is an old foreign CEF (30-year history) that focuses on Korean stocks and is currently managed by John Cho. Korean stocks offer one of the most alluring valuations to earnings trade-offs. KF's earnings are benefiting from the bounce back of the memory chip market and South Korea's positive export growth.
2024-03-08 11:39:15 - Seeking Alpha
The Month In Closed-End Funds: February 2024
For the third month in four, equity CEFs (+1.81%) witnessed gains while their fixed income CEF (+0.52%) counterparts for the fourth month in a row posted plus-side returns.
2024-02-17 09:01:22 - Seeking Alpha
KF: Japan Was So Last Year, Buy South Korean Stocks In 2024
The Korea Fund is a closed-ended fund focused on South Korean equities with performance that is slightly ahead of its benchmark over the last decade. The fund has a discount to NAV of over 17% in the last 6 months, which may contract substantially in a bullish run in South Korean stocks. South Korea is taking cues from Japan's corporate governance reforms, potentially leading to improved shareholder activism and better market performance.
2023-12-25 23:14:29 - Seeking Alpha
Korea Fund: Accumulate On Stronger Export Data
South Korean equities rally on positive economic data and export growth. The Korea Fund's discount to NAV remains favorable, and South Korea trades at a substantial discount to India and Taiwan. South Korean equities are attractive in terms of valuation and innovation potential, with Samsung outperforming IBM in 2022.
2023-12-24 22:09:48 - Seeking Alpha
Korea Fund: Brighter Skies Ahead
After a topsy-turvy year, Korean stocks are ending 2023 on a high. The 2024 micro/macro setup looks interesting as well, particularly at current valuations. Playing Korea through an active fund like KF has its drawbacks, but there are mitigating factors worth considering.
2023-12-06 18:31:16 - Seeking Alpha
The Month In Closed-End Funds: November 2023
For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 10% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+8.93%), for the first month in eight, outpaced the other classifications in the equity CEF universe for November.
2023-10-09 09:44:10 - Seeking Alpha
Korea Fund: Don't Write This Fund Off Just Yet
The JPM-managed Korea Fund is undergoing a period of relative underperformance. But there are mitigating factors, including relatively discounted portfolio valuations and a wide NAV discount. The broader Korean market remains cheap relative to its underlying fundamentals and could still rebound from here.
2023-07-13 06:21:55 - Seeking Alpha
The Korea Fund: Accumulate Following H1 2023 Macro Weakness
The Korea Fund is a good vehicle for gaining exposure to South Korea's stock market, especially in July when the discount is near a historical low. Despite underperforming the iShares MSCI South Korea ETF, KF can outperform during bull markets, having done so by over 10 percentage points in the past year. South Korea's economy faces headwinds with declining exports, but there are opportunities in the country's larger tech and consumer stocks, as well as in its banking sector.
2023-05-21 06:15:38 - Seeking Alpha
KF: Ride The Korean Recovery At A Wider Than Usual NAV Discount
2023 is shaping up to be a much better year for Korea as last year's headwinds begin to reverse. In addition to a fundamental export-led recovery, equities should also benefit from technical and policy-driven valuation tailwinds.