HYUNDAI IS ALREADY CARRYING LNG, DO YOU KNOW ⁉️

Ranks analytical crew welcomes everyone!

Today we will analyze the shares of a curious subsidiary of the automaker Hyundai from South Korea.

Hyundai Glovis Co Ltd (#GLOVS) – Ranks score - 94 %

The company operates in 3 sectors:
🔘 Logistics (auto parts and industrial goods)
🔘 Ocean cargo transportation (auto and industrial goods)
🔘 Distribution (used cars and metals)

Future businesses that the company plans to develop:
🔘 Smart logistics (using the Internet of Things)
🔘 Hydrogen business (logistics of hydrogen transportation)
🔘 Used electric car batteries (transportation and processing)

Why is it interesting to Ranks analysts ❓

🥇 The company is a major logistics operator of international cargo terminals + participates in the supply of liquefied natural gas (LNG)

🥈 The company has an outstanding financial position + it pays dividends

🥉 Valuation multipliers are very attractive + 94% of analysts recommend buying

What are the risks ❓

❌ The company reported worse than expected earnings in the 3rd quarter

❌ Global fuel cost growth limits profitability