dimwit, S&P is joke, GOOG has been bitch slapped doubled since that lame S&P rated a SELL at $300.LOL Also Motly fools dumbass called a sell when PKX was at $70'last year.
They're all stupid dumbasses and often their analysis did not reflect their honest view of this company. PKX has highest YoY earnings growth among all steel stocks and PKX should be price $170's range.
I dont think the stock is undervalued but i think its going to surge more on account of more business in asia. I am hoping its mega steel plant in orissa/india gets approved, that would be like a rocket fuel for this stock.
POSCO continue to expand its steel business all over the world ! It's a great move for PKX accommodating fast-paced business growth while keeping operational costs under control using cheap labor markets like Vietnam and Thailand.