HYNIX SEMI- Eine Perle zu Spottpreisen - 500 Beiträge pro Seite

[NewDayRising]

Es ist schon unglaublich, was in Crashphasen so alles
möglich ist.

Die Nemax 50 Klitschen mit ihren paar Millionen Umsatz pro Jahr mögen
ja wirklich nichts wert sein.

Aber einen asiatischen Marktführer im Chipbereich
mit praktisch null zu bewerten, dass ist wirklich
die sogenannte Krönung

HYNIX SEMICONDUCTOR ist die ehemalige Hyundai Semiconductor
und wird im Moment mit einem KGV von 3 auf 2002 und
0,7 !!!!! für 2003 bewertet.

Die Aktie ist mit weniger als 10 % des Umsatzes bewertet
, der im mehrstelligen Milliarden DM Bereich liegt.
Die Mitarbeiteranzahl beträgt mehr als 20000.

Höchstkurs in Korea war mal 40000 Won, aktuell notieren
wir bei 1190.

Das sind die Verzehnfachungschancen von morgen, ich
erinnnere an Samsung und LG 1998.

[weitweg]

Wird das Teil in D. gehandelt?

ww

[Die Stimme]

find ich nicht

wkn ??

[NewDayRising]

wird in D. gehandelt

WKN 677419

Berlin und Stuttgart, erst seit kurzem

das sind gdr papiere hier, 5 Originalaktien aus
korea ergeben eine hiergehandelte Aktie, ähnlich
wie bei Samsung und LG.

[Rhum56]

@newdayrising

Glaube,Du machst es Dir zu einfach.
Nicht vegessen:
Hyundai Electronics,jetzt Hynix,war extrem hoch verschuldet.
Umstrukturierung muß erst noch greifen.
Nicht vergessen:
Speicherchips weltweit in der Absatzkriese,siehe auch dazu
Infineon.

In so einem Umfeld von derartigen Kurschancen zu sprechen,
oh oh wackelig.
Der Markt wird sich beruhigen,die Kurse sind übertrieben,
aber im Moment ist das Ende der Talfahrt noch nicht sichtbar

so long

[NewDayRising]

@Rhum

Ende der Talfahrt nicht absehbar: einverstanden
Never Catch a falling knife

beruhigung abwarten: einverstanden

aber warten bis die Umstrukturierung vorbei ist und
die Branche wieder läuft, bedeutet nur noch eine
100 Prozent chance, weil die erholung von der börse
dann bereits eingepreist ist.

so ein laden kann gar nicht pleite gehen, überleg dir
mal die sozialen folgen bei der mitarbeiterzahl.

hier kommt eins zusammen: chipkrise plus untergewichtung
von schwellenländern, d.h. fonds kaufen nicht, dann
entstehen solche kurse. eins ist natürlich klar, wenn ich
eine verzehnfachung möchte , muss ich etwas mehr risiko als sonst
eingehen.

[Butterfly]

NewDayRising, das Problem ist, dass hier nur ein paar hundert Stück/Tag gehandelt werden.
Wie soll man da 5-10000 zusammenbekommen?

[NewDayRising]

der wert wird erst kurz hier gehandelt, daher sehr dünn.

du bist sicher schon länger an der börse, daher wirst du
sicherlich wissen, dass umsätze erst bei steigenden kursen
kommen. spätestens wenn BÖRSE ONLINE in sagen wir mal
12 monaten navch bereits 300 plus zum einstieg rät, kommt auch
umsatz rein.

bei dem nasdaq allerdings heute abend, kriegst du die aktie
wohl noch viel billiger demnächst, eine einmalige Chance.

sukzessive einsammeln !!

werde immer mal den thread hervorkramen, damit man die
entwicklung ein bisschen verfolgen kann.

also nochmal:

heute in D. etwa 5,20 euro.

in Korea die originale: 1195 won
Höchstkurs vor etwa 2 jahren: 40000 won

[NewDayRising]

Tja, das war heute möglicherweise schon der Tag!

Tief in Korea 1040 Won

am schluss nach oben explodiert

LIMIT UP plus 15 %

Schluss 1350 Won

schlappe 30 % in korea vom tief

Kürzel dort 00660.ks , wenn man in Yahoo verfolgen will
oder vielleicht über eine deutsche grossbank ordern will.

ŽÜbrigens gibt es hier auch ein Zertifikat auf Hynix
mit der WKN 506809

[Rhum56]

@NewDayRising

Ließt Du vieleicht den Emerging Markets Investor?

Wenn ja,sei vorsichtig.Die schreiben immer sehr euphorisch.
Das Blatt kann man m.M.n. nur zur Infobeimischung gebrauchen
Da sind sie gut,aber die Empfehlungen, oh oh.
Die mußten schon oft korrigieren!!

so long

[NewDayRising]

@ Rhum

z.T. EMI bzw. auch zu Reitmeier


ich beziehe den EMI schon länger und stimme dir in der
Einschätzung zu. Empfehlungstechnisch sind die in der
Regel kontraindikator, was z.b. im moment wieder
an den H-Aktien in China sehen kann, die die auf dem
höchsten Niveau empfohlen haben und die jetzt stark
korrigieren. Bevor ich eine Entscheidung treffe,
schalte ich also mein Hirn schon vorher ein und frag
mich, ob das der richtige Zeitpunkt ist.

Allerdings lese ich den EMI gern, weil ich fachliche
Infos bekomme, die ich selbst nicht immer finde, wenn
ich auch viel im Internet lese.

im Fall von HYNIX bin ich aber mit EMI einer Meinung,
dass wir ganz nah am Tief stehen, was ja auch bei
einem Rückgang von 40000 auf 1330 nicht schwer zu
erkennen ist. Das Restrisiko liegt in dem Hi-Tech
Crash weltweit von USA herkommend, das kann die HYNIX
auch noch unter 1000 Won drücken(muss aber nicht).

Ich habe aber keinen Zweifel, dass die in den nächsten
12-24 Monaten minimum 500 Prozent hinlegt, wenn es
nicht zum totalen Weltwirtschaftscrash kommt.(was
ich mir allerdings durchaus vorstellen kann).

Also ich würde auf dem Niveau auf jeden Fall eine erste Position
kaufen.

Das Zertifikat scheint mir übrigens liquider zu sein.
WKN 506809

Eigentlich bin ich ein alter Thai Farmers und
National Finance Fan, die auf dem jetzigen Niveau
sicher auch jede Menge Potenzial haben, aber
nüchtern gesehen ist die Bedeutung einer Hynix,
der ehemaligen Hyundai Electronics, gerade was
Fondsinvestments angeht, eine ganz andere.

Jeder Südostasienfonds hat einen vielfach höheren
Koreaanteil als Thailandanteil.

[Rhum56]

@NewDayRising

Stimme Dir voll zu.Bin der Meinung,daß dieses Board auch
dazu dient,Schwächen aufzudecken,was auch schon sehr oft
funktioniert hat.(siehe Bankthai-Geschichte mit Watcher)
Also warten wir noch etwas mit dem Einstieg(m.M.)aber
bald sollte erste Position aufgebaut werden,geb ich Dir
recht.
Übrigens,ich verkauf beruflich Hyundai Produktte,die Autos,
seit 10 Jahren.Ich kenn den Laden sehr gut,habe alle Gescheh
nisse intensiv verfolgt.Da war die Abspaltung einiger Konzern-
teile,vom IWF und der Regierung seinerzeit verlangt.Da war
der"Alte",der wie ein Patriarch über allen Teilen herrschte,
sie so ineinander
verschachtelt hatte,daß die Söhne,ich glaub 6,Probleme hatten
das Ganze auseinander zu kriegen,was aber bitter notwendig
war,denn die kranken Teile,dazu zählte Hyundai Electronics,
hätten für die gesunden zum Existenzproblem werden können,
wozu der Motorteil gehörte,wennes denn knallen würde.

Man sollte dabei wissen,daß die Verschuldung in Korea/Thailand
ein Mehrfaches unseres Vorstellungsvermögens betragen kann.
Beispiel:
Hausbesitzer,Wert des Hauses 500TDM,beliehen mit 1.500TDM,
das bei uns garnicht geht,bei denen doch.
Auch der Motorladen ist m.E.krass unterbewertet.Vergleiche
würden Kurse von 12-16Euro ergeben.Und das bei Rekordzahlen
zum dritten mal p.a.!!
Hier spiegelt sich die Gesammtmarktschwäche.Dennoch,auch
ich glaube daran,daß die Koreaner die Hausaufgaben am besten
machen.Hab daher auch einige Werte,z.B.HCB und LG-Electr.

HCB z.B.sieht man nicht im Kurs,aber durch verschiedene
Cap.-Maßn. hab ich über ca 2Jahren 85% + jetzt kommt die
Fusion,mal sehn.
Letztlich bleibt auch der Hinweis auf Marktperformance 01.
Da steht Korea und Thailand doch echt gut,wenn man mit
ansieht,wie Nasdaq und NM den Tiefsehtauchkurs absolvieren.

Fazit

stay long

[aktienfloh]

@alle

macht euch gedanken!!!!


11:35 24Jul2001 Hynix<00660.KS> losses may prompt debt-to-equity swap

By Kim Miyoung
SEOUL, July 24 (Reuters) - Deep operating losses at South Korea`s Hynix Semiconductor could force creditors to swap debt into equity despite $4 billion in financing recently organised to save the company, analysts said on Tuesday.
Hynix, formerly Hyundai Electronics, is losing money on its core chip operations, raising concerns that it may need help to pay one trillion won ($763.9 million) in obligations in the second half.
The company had 666 billion won in available funds at mid-year but the shortfall is expected to widen due to losses mounting from its chip manufacturing operations.
Chief Executive Officer Park Chong-sup said recently operating losses could amount to $1 billion this year and if chip prices continued to crawl at record lows the company would have to talk to creditors.
"If the current situation continues, we would prepare steps in cooperation with creditors," Park said.
Last week, the world`s third largest memory maker posted operating losses of 266 billion won ($203.2 million) in the second quarter, versus a profit of 68.74 billion won a quarter earlier.
Hynix shares hit a fresh lifetime low of 1,040 won on Tuesday due to dimming prospects for an economic recovery and grim results from a key rival, before bargain hunting led to a close of 1,320 won.
OPTIONS DRYING UP
Analysts said Hynix could be left looking for as much as two trillion won later this year and that a debt-to-equity swap with state-run Korea Development Bank and others was looking increasingly likely.
"Given that Hynix creditors already rescheduled a hefty amount of debt, they would be reluctant to provide another wave of financing as that could hurt their own financial health," said a local brokerage analyst who requested not to be identified.
"I expect a debt-to-equity conversion worth somewhere around three trillion won," he said.
A debt swap would force a capital reduction but analysts said creditors that recently agreed to more than five trillion won in help for Hynix, by rolling over loans and buying bonds, might be reluctant to offer anything else.
Lenders have already agreed to roll over almost half of Hynix`s 5.67 trillion won in debt maturing this year.
Banks that bought Hynix convertible bonds worth almost one trillion won have recently increased loss provisions in light of a sharp fall in Hynix`s earnings.
"Without a meaningful rebound in chip prices, Hynix will continue to suffer losses and may have to reschedule debt," said Lim Hong-bin, chip analyst at Samsung Securities.
Hynix raised $1.25 billion through a global depositary receipt (GDR) issuance last month but had underestimated the impact of the downturn in DRAM (dynamic random access memory) chip prices.
DRAM chips accounted for 60 percent of its sales last quarter.
"When we secured $1.25 billion via global depositary receipt (GDRs) issue last month, we expected chip prices to remain at around $2.65," said CEO Park.
The company`s chief operating officer Park Sang-ho said recently that 64-megabit-equivalent prices fell 43 percent in the April-June quarter to $1.80.
Prices have fallen below production costs for some chips, prompting Hynix to close its U.S. plant and lay off 600 workers for six months in hopes prices rebound. Its U.S. plant produces more than 50 percent of its 64 Mb DRAM chips.
Unlike main domestic rival Samsung Electronics <05930.KS>, Hynix does not have other businesses that can offset its losses.
Its other burdens include 11.05 trillion won in liabilities as of the end of June, more than 60 percent of it interest-bearing debt.
Hynix`s takeover of LG Semicon, in a state-directed merger in 1998, has also meant massive output capacity and an increase in its debt level.
"Hynix can benefit and leverage its huge capacity when the market is good but the large capacity means it has huge amount of fixed-costs to deal with when the situation is bad," said Kim Sung-in, chip analyst at Dongwon Securities.
(US$ = 1309.0 Won)
((Kim Miyoung, Seoul Newsroom, tel [phone],
fax [phone], [e-mail]))

[00660.KS]

For Relevant Price Information, Double Click on one of these codes:
<00660.KS>
[NEWSYEAR 2000]
ENDS


a..f.

[NewDayRising]

Schlusskurs heute 1170 Won minus 11 %

Gegenwert ca. 1 Euro

extrem hohe Umsätze, bedingt wohl durch Panik, die
entfacht wird durch Kommentare wie in dem darüber
stehenden Mail.

Interessant: Der Broker, der für seine Interessen
den Kurs weiter runterdrückt, will nicht namentlich
genannt werden. (requested, not to be identified)

weiter interessant: ABN-Amro Zertifikat WKN 506809

bei diesem Nasdaq scheint aber ein Anstieg im Moment
nur schwer möglich, beobachten!

[NewDayRising]

Stabilisierung auf niedrigstem Niveau?

Heute Schluss in Korea bei 1205 Won

plus 6 %, umgerechnet fürs ABN_AMRO Zertifikat
WKN: 506809 etwa 1,06 Euro

HYNIX ist übrigens ein mehr oder weniger staatlich
gewollter Zusammenschluss der ehemaligen

LG Semiconductor
und
Hyundai Electronics

Würde , sagen wir mal, das Land Niedersachsen eine VW
fallen lassen, wenn es eine Automobilextremkonjunkturkrise
geben würde?

Die Frage kann jeder für sich selbst beantworten

[aktienfloh]

guten morgen alle miteinander:

trotz guter Kursentwicklung siehts wohl nicht so gut aus oder??


13:07 26Jul2001 ANALYSIS-Hynix<00660.KS> woes overshadow global chip market

By Nick Edwards
HONG KONG, July 26 (Reuters) - Investors in Asian technology firms might do better if Korea`s Hynix Semiconductor fails to escape its current crisis and its production capacity is removed from the dangerously overloaded global memory chip market.
As Hynix, the world`s third largest DRAM chip producer, lurches towards a new credit crunch just weeks after winning a $4 billion lifeline to stave off collapse, analysts are asking tough questions about the longer term drag from the company on the already deeply troubled technology sector.
"Had they gone bankrupt, maybe that would have been better for the other players," Robert Conlon, chief investment officer at Investec Asset Management in Hong Kong told Reuters.
"It`s not nice to have an irrational competitor in an industry. If your competitor perceives that it is better for him to sell at any price, that`s not good news," he added.
Hynix`s depressed share price -- at 1,210 won ($0.93) down a whopping 70 percent this year, with almost all of that fall coming since it issued $1.25 billion of new stock on June 15 -- seems to bear out the case.
It`s a sharp contrast to Samsung Electronics <05930.KS>, the world`s biggest dynamic random access memory (DRAM) chip maker, up 15 percent over the same period to help lift Korea`s electronics share index <.KS41> 8.3 percent.
But Hynix needs to stay in the game to get the cash flow to pay its interest bills and fund the investment expenses critical to DRAM makers` ability to keep up with new technology trends.
"The problem is that Hynix is in an industry where you need someone to die for the whole thing to make sense," an equity strategist at a European investment bank in Hong Kong said.
SENSE OF DENIAL
Making an economic case for Hynix`s survival is hard with global oversupply of its core DRAM chips running at between four and six percent per month and a spot price of $0.89 versus manufacturing costs of about $1.70.
"Nobody wants to use the word slump, but by all indications the industry is in its worst period on record. There`s a huge sense of denial about what the cycle`s like at the moment," said Sean Darby, Asian equity strategist at Dresdner Kleinwort Wasserstein in Hong Kong.
Investors are getting plenty of signals about the truth.
German semiconductor maker Infineon <IFXGn.DE> said on Thursday it would cut jobs to save one billion euros ($880 million) over the next 12-18 months, and that came hot on the heels of telecommunications firm Lucent`s <LU.N> announcement of at least 15,000 job cuts and fourth quarter charges of up to $9 billion.
Sony Corp <6758.T> on Thursday added to the gloom, reporting a 90 percent slide in earnings for the latest quarter as a costly recall of mobile handsets and grim global sales of its mainstay electronic goods ripped into the results of the world`s largest audio-visual electronics maker.
In the United States the once high-flying technology laden Nasdaq <.IXIC> now languishes below the psychologically important 2,000 level, down 20 percent this year.
"The only good thing at the moment is that companies are not claiming that everything`s all right," Conlon said. "We`re at the stage that companies are reacting to the problems, but it doesn`t mean they are going to go away overnight."
Conlon is looking for an upturn in computer sales to signal the recovery for chip makers and expects a traditional uptick in demand in the second half of this year to support his view.
Others are not so sure.
"The trend is clearly not intact because share prices aren`t going up. They`re going down," said Markus Rosgen, Asia strategist at ING Barings. "The fourth quarter is the big question mark."
POLITICAL QUANDRY
Meanwhile a political quandry means Hynix and the cloud it casts is set to hang over the market for some time.
"The survival of the fittest argument suggests that they should be allowed to fail, but maybe they are a little bit too big to fail in terms of employment... and is probably not politically acceptable," Graham Courtney, executive director of Asian economics at UBS Warburg, told Reuters Television.
Exports of semiconductors, Korea`s single largest export item, dropped 48 percent to $1.25 billion in June, while computer exports fell by 30 percent year-on-year to $840 million.
Semiconductors account for about 10 percent of Korea`s gross domestic product (GDP) and a third of its total exports.
While Hynix is a top producer in volume terms, its balance sheet is one of the industry`s worst.
The firm made pre-tax losses of 1.3 trillion won ($1 billion) in the second quarter of this year, made huge inventory write-offs, said it would axe 600 jobs, and shut a manufacturing plant in the United States for six months.
This comes as Korea`s economy is sputtering towards growth this year of 3.8 percent according to official estimates, well down on the 8.8 percent achieved in 2000, while unemployment levels are showing signs of strain.
"Hynix`s future is probably something that is being considered on a national basis rather than just a company one," Dresdner`s Darby said.
Keeping Hynix alive at all costs could raise fresh questions about Korea`s commitment to structural reform, just as the IMF -- which led Korea`s bailout from the 1997/98 Asian crisis -- has reiterated that Korea should spur the exit of non-viable companies from the market.
But despite political will, stronger external pressures are eventually seen driving Hynix to the end of the road.
"They have at least attempted to restructure, but time appears to be running against them far quicker than they can manoeuvre," Darby said.
"Equity investors are pricing the future though as if there are (few) remaining opportunities available," he said.
((Nick Edwards, Asia Investment Desk, Tel: [phone]; Fax: [phone]; E-mail: [e-mail])) [NEWSYEAR 2000]
ENDS

a.f.



Verpasst man wohl grad nichts!

[NewDayRising]

So, es scheint ein Boden zwischen 1000 und 13oo
Won gefunden, schluss heute war 1375 won

ergibt umgerechnet aktuell 1,21

in deutschland ist auf das abn.amro zertifikat
wkn 506809 ein aufgeld von etwa 3 Prozent
zu zahlen, im vergleich zu lg electronics
in frankfurt also relativ bescheiden.

man sollte auf jeden fall eine erste position
drin haben.

[NewDayRising]

Wir haben heute LIMIT UP auf 1580 Won geschlossen.

plus 15 Prozent

Macht umgerechnet 1,39

das zertifikat wkn 506809 steht auf 1,45

vom tief mittlerweile plus 40 prozent

sag mir nachher keiner, ich hätte es euch
nicht gesagt.

jeder muss selbst entscheiden , ob ein kgv von
noch immer 1 für einen weltmarktführer lohnt.

[NewDayRising]

1,60 auf der briefseite bei wkn 506809

da werden die nächsten 15% wohl schon eingepreist

[Handbuch]

Hi NewDayRising,

bin heute mit einer ersten Position 506809 zu 1,45 Euro rein. No risk, no fun. Denke mal die technische Reaktion wird so ca. bis 3 Euro laufen, da lag in etwa das Tief im April. Dann sehen wir weiter.

Ich halte zwar EMI auch für ein ziemlicher Wurschtblatt, aber es würde mich schon mal interessieren, was es so zu HYNIX schreibt. Insbesondere zu den ständig wachsenden Verlusten und wie dem seitens der Geschäftsleitung begegnet werden soll. Nach meinen Wissensstand ist HYNIX zur Zeit nicht mehr als ein Zock, da die fundamentalen Daten eine Katastrophe sind und sich alle Hoffnung daran knüpft, daß Vater Staat helfen wird. Doch da bin ich skeptisch. Hier kann nur ein drastiches Kostensenkungsprogramm helfen.

Auch einen Vergleich mit LG und Samsung halte ich für sehr gewagt.

cu handbuch

P.S. Was schreibt EMI eigentlich zur Thai Farmer Bank und NFS. Da lagen sie ja auch um Welten daneben?

[Handbuch]

Was ist eignetlich hieraus geworden?:

WO 14.05.2001

"Grund für die gute Entwicklung von Hynix, früher bekannt unter dem Namen Hyundai Electronics, ist die Meldung, dass ein ausländischer Investor Interesse hat, Global Depositary Receipts (GDRs) des Unternehmens im Wert von 200 Mio.$ zu kaufen. Die US-Investmentbank Salomon Smith Barney versucht im Auftrag von Hynix, Käufer für GDRs des Unternehmens im Wert von insgesamt 1,8 Billionen KRW (1,4 Mrd.$) zu finden. Das Kapital soll zur Schuldentilgung genutzt werden. Hyundais Gläubiger-Banken haben zuvor einem Restrukturierungsplan für die Schulden des Unternehmens zugestimmt, so dass mit dem neuen Kapital die Zahlungsprobleme des Unternehmens überwunden wären."

Konnten alle GDR`s an den Mann gebracht werden und wurde der gewünschte Ertrag erreicht? Neue Barmittel sind zwar in der momentanen Situation hilfreich, jedoch nicht nur positiv zu sehen. Die alten Höchststände kann man damit auf jeden Fall vergessen!!!

[Handbuch]

Samsung und LG heute mit leichten Minus und HYNIX mit leichten Plus. Wollen hoffen ,daß so die Dynamik nicht so schnell nachläßt.

[NewDayRising]

@Handbuch

1. der EMI hat zur Hynix nur geschrieben, dass es eine
sehr grosse Turnaroundchance ist, die grösste
weltweit auf den Chipsektor. Dazu eine Studie
von Indosuez mit Gewinnschätzungen für 2002
und 2003. Danach KGV 3 bzw 0,7 !!!
Risiko liegt demnach im Moment in den hohen
Schulden und der Branche an sich. Ob dies jemand
zu hohes Risiko ist, muss jeder selbst entscheiden
Meine Sicht der Dinge habe ich ausführlich geschrieben.

2. Wieso soll Hynix nicht wieder auf alte Höchststände
gehen?
Hat doch mit den GDR Papieren nichts zu tun. Diese
wurden vollständig platziert und dafür wurde der
gegenwert bezahlt. Wo ist da eine Kapitalverwässerung?
Im Gegenteil, das war eine erster Schritt zu verbesserter
kapitalausstattung.

Es gibt keinen grösseren Hebel im Moment weltweit mit
einem solch wichtigen und grossen Unternehmen. Allerdings
war der Anstieg heute trotz Hochstufung der Semiconductors durch
Merrill Lynch eher enttäuschend.

[Handbuch]

@NewDayRising

Einen Verwässerungseffekt gibt es bei jeder Kapitalerhöhung durch Aktienausgabe, denn ein eventueller Gewinn muß dann auf wesentlich mehr Aktien verteilt werden.

Positiv ist zu sehen, daß man genügend Großinvestoren für diese Kapitalerhöhung gefunden hat, denn diese prüfen in der Regel noch etwas gründlicher als wir und wenn die einsteigen...

Positiv ist sicher auch der Anstieg gegen den Trend in Südkorea (siehe Samsung). Bei der niedrigen Bewertung hätte ich mir ein wenig mehr Dynamik für die Gegenbewegung gewünscht und das gerade noch der für uns so wunderbaren Prognose von Merrill Lynch. Vielleicht ist es aber auch gut, wenn der Anstieg etwas gemählicher vonstatten geht und sich nicht wieder so dolle Kerzen bilden.

cu handbuch

[Handbuch]

Heute nur noch ein leichtes Plus in Südkorea +0,67% gegenüber Steigerungen von über 2% von Samsung und LG.

In Deutschlang ist das Zertifkat sogar leicht nachgebend. Offensichtlich springen einige bei dieser nachlassenden Dynamik wieder ab und die Differenz zum Heimatkurs wird abgebaut.

Und alles starrt mal wieder gebannt auf die NASDAQ. Langsam wird es hier etwas einsam im Board.

handbuch

[DieFilzlaus]

selbst dieser Schurke Dr.Reitmeier gibt zu bedenken, daß eine Pleite nicht ganz ausgeschlossen ist.
Ich bin z.Zt. eher bullish für die abgestürzten Acer-Computer, die eigentlich für alle großen Hardware-Firmen dieser Welt produzieren.. auch Siemens etc.(nicht überall wo Fujitsu-Siemens draufsteht ist auch sowas drin).

[Handbuch]

@DieFilzlaus

Ich würde HYNIX auch nicht gerade als eine Perle bezeichnen, aber wenn da nicht ein gewisses Risiko wäre, dann würde der Wert nicht so günstig bewertigt sein. Wer also ein paar mehr Prozent Rendite wünscht muß auch gewisse Risiken eingehen. Mal so nebenbei gefragt, was ist bei Aktien schon sicher? Wer hätte bei Intershop und EM.TV vor einem Jahr gedacht, wo sie heute stehen.

[Rhum56]

@Handbuch

Da hast Du recht.Habe im Februar 00 60% meiner Intershop
bei fast 1000% Gewinn steuerfrei verkauft,weil es schon
aus den Socken qualmte.
30% behalten,weil ich einfach nicht wußte,war mir egal.
Nun sind die 30% zu 3% geworden,und der Gesammtreibach
zu 600% zusammengeschmolzen.Na ja, Künstlerpech.

Ob Hynix das auch schafft,bezweifle ich,denn dei Basisdaten
sind nicht mehr mit der Vergängerfirma Hyundai Electronics
zu vergleichen.Darüber hinaus ergibt sich m.M.n. im Halb-
leiterherstellerbereich eine gewisse Überproduktionssituat-
ion, welche allein schon Gewinn/Kursfantasien verhindert,
wie bei Autohrstellern auch.
Aber ein par Prozente(zweistellig)sollten drin sein.

so long

[Handbuch]

@Rhum56

Man ist ja bescheiden geworden. An 600% glaube ich auch nicht, aber ich hoffe auf knapp dreistellig (bin aber mit 99% auch zufrieden). Ne mal Spaß beseite.

Heute sieht es wieder sehr gut aus für HYNIX. Die aktuellen Werte:

HYNIX + 10,15%
Samsung - 0,25%
LG + 2,63%.

cu handbuch

[Handbuch]

Heute war kein guter Tag für Südkoreas Chipwerte

HYNIX - 5,87%
Samsung - 3,02%

Unverändert dagegen LG mit +0%.

[em.]

LG ist auch kein Chip Wert

www.lge.com

[em.]

Hallo Filzlaus !

Reimeier ein Schurke?? OK er erwähnt empfehlungen die nicht laufen oft einfach nicht mehr (Guangdong, Thai farmers)

Andererseits lag er ziemlich oft richtig in letzter Zeit
(er hat nämlich seit einem Jahr gar nichts mehr empfohlen, was ohne Zweifel der beste Tip war!)

[DieFilzlaus]

Hallo em !
Ich glaube wir sind uns einig. Die stärksten Global Player in Asien findet man derzeit in Korea und Taiwan. Samsung, LG Electronics, Acer-Computer und noch einige mehr. Da braucht man kein Empfehlungen duboiser Analysten, man brauch nur die Augen aufzumachen was in den Regalen der Händler von Computern und electr. High-Tech-Sachen (all over the world) zu finden ist.
Auf dem riesigen chinesischen Wachstumsmarkt haben diese
Global-Player aus den Nachbarländern einen guten Namen und sind stark gefragt (und haben einen technologischen Vorsprung vor einheimischen Artikeln).
Mit Aktien dieser Unternehmen kann man mittelfristig nichts falsch machen.

[em.]

Du sprichst mir aus der Seele!!!!!!!!!!!!!!

[Handbuch]

@em.
Klar ist LG kein Chipwert, aber es ist meine dritte Korea-Aktie und ich stelle sie zum Vergleich immer mit rein.

@DieFilzlaus
Habe mich noch nicht mit Acer beschäftigt. Kannst Du mal in Kürze reinstellen, worauf sich bei Acer Dein Optimismus bezieht?

[em.]

Nochmals zu Acer aus einem älteren Posting!

Acer spekulativ kaufen
Münchner Börsenbrief

Die Aktie der Acer Incorporation (WKN 897815) eignet sich nach Auffassung der Aktienexperten des Münchner Börsenbriefes lediglich für den risikobewussten Anleger.

Der taiwanesische Computerhersteller rechne nach einem Verlust in den ersten sechs Monaten des laufenden Geschäftsjahres im zweiten Halbjahr mit einem operativen Gewinn. Die Auftragslage veranlasse den Konzern zu solch einer positiven Aussage.

Angeblich würden für das vierte Quartal große Bestellungen vorliegen und es gebe bereits Bedenken, ob denn die Kapazität wohl ausreichen werde. Das Researchteam halte dies für ein wenig überzogen, allerdings zeige es, dass es bergauf gehe.

Zudem wolle Acer noch immer die Auftragsherstellung von PCs und die Eigenfertigung voneinander trennen. Dies solle es den Auftraggebern erleichtern, Bestellungen bei Acer durchzuführen. Vorbehalte wegen der Konkurrenzsituation würden weitestgehend beseitigt.

Der Titel bleibe weiterhin ein spekulativer Kauf, so die Expertenmeinung.

[Handbuch]

Heute kein Handel in Korea?

[NewDayRising]

Interessant zu beobachten, dass sich korea auf aktuellem niveau
stabilisiert.

ebenso hynix, die gerade bei 1600 won eine bodenbildung
vollziehen.

man sollte genau den weiteren crashverlauf an der nasdaq
beobachten, der noch weiter gehen wird, aber sobald dort
eine beruhigung eintritt, muss die ganze kohle auf hynix.

[Handbuch]

[Handbuch]

Hat eigentlich jemand eine Ahnung, warum HYNIX heute so stark gefallen ist. Hatten eigentlich schön im Plus so bei 1700 angefangen und wurden dann bis auf 1400 durchgereicht? Gibt es irgendwelche Neuigkeiten?

[Handbuch]

Man ist es hier einsam! Und HYNIX fällt und fällt. Kennt jemand einen besonderen Grund oder habt Ihr alle schon verkauft?

[Handbuch]

Freitag 24. August 2001, 12:22 Uhr
Marktberichte Asien (Korea): Korea von Hynix belastet, Reformmüdigkeit bereitet Sorgen

...
Die Hynix Semiconductor, drittgrößter Speicherchiphersteller, brach 10% auf 1255 Won ein. Die Korea Exchange Bank hat für heute um 16.00 Uhr lokaler Zeit ein Treffen der Gläubiger anberaumt. Man plant Fremd- in Eigenkapital zu tauschen, es geht um mehr als 3 Mrd. Won Schulden. Dies sei der einzig mögliche Schritt, so ein Analyst, die Banken hätten schon so viel Geld in das Unternehmen gesteckt, dass sie gar keine Wahl mehr haben und noch mehr zahlen müssen, um zu helfen.
Standard & Poor´s Corp hat den Wert um zwei Stufen auf CCC+ herabgestuft.

Die anderen Computerwerte folgten dem 0,8 prozentigen Fall des Philadelphia Semiconductor Index, der als Leistungsindikator dient.
Speicherchipgigant Samsung (881823) verlor 0,26% auf 192000 Won.
...

[Handbuch]

Heute wieder fast 14% Verlust bei einem sehr guten Marktumfeld. Muß das Tief noch einmal gestet werden oder fällt der Wert jetzt ins Bodenlose? Der Termin mit den Banken lief wohl nicht so toll?!?

cu handbuch

[Handbuch]

Sind sogar noch fast 15% geworden (-14,7%). Das letzte Tief lag bei 1040 - aktuell bei 1070. Ich denke mal, daß die 1040 nicht unterschritten werden sollten, sonst ....

Hey NewDayRising - noch investiert, oder schon die Reißleine gezogen?

Mal sehen, ob ich heute irgendetwas zum Ausgang des Gläubigertreffens finde.

Zum Glück gibt es noch LG, Samsung und Thailand , die lassen den Schmerz mit HYNIX vergessen.

cu

[Butterfly]

Der Reitmeier kauft ja mit Vorliebe abgestürzte Werte. Nach meiner Meinung übertreibt er aber dabei. Sobald der Kursverlust eine gewisse Schwelle (90-95% ?) überschreitet, wirds brenzlig. Dann ist irgendetwas oberfaul und man sollte die Finger davonlassen, zumindest jedoch einen stabilen Aufwärtstrend abwarten.
Beispiel: Hikari Tsushin.

[Handbuch]

Hier der Grund für den rasanten Kursverfall:

Montag 27. August 2001, 11:58 Uhr
Marktberichte Asien (Korea): Korea von Cisco gestützt, Hynix bankrott?

"...
Weniger erbaulich sah es beim finanziell am Boden liegenden Speicherchiphersteller Hynix Semiconductor aus, dessen Aktien 15% auf das Rekordtief von 1070 Won einbrachen. Ursächlich war die Drohung seiner ausländischen Kreditgeber, das Unternehmen zahlungsunfähig zu erklären.
Neun Banken, J.P. Morgan Chase & Co, HSBC Holdings und die Société Generale eingeschlossen, haben diese Woche die Rückzahlung von 46 Mio. USD gefordert, andernfalls würden sie Hynix für bankrott ansehen....
"

Habe lange überlegt, was ich mache (war mit einer ersten Postion zu 1,45 (Zertifikat). Habe mich entschlossen, nicht die Reißleine zu ziehen. Ich glaube nicht, daß die Hauptgläubiger-Banken ("die Korea Exchange Bank, brach 7,2% auf 2510 Won ein und die Chohung Bank verlor herbe 4,7% auf 2450 Won") HYNIX fallen lassen. Sie haben HYNIX bis jetzt die Stange gehalten und werden sicherlich nun, wo eine Besserung der Branche in Sicht ist, Ihre Kredite nicht sterben lassen. Außerdem ist nun die Nachricht raus und der Verfall in Korea war heute nicht so tragisch wie hier in D( relativ lange stabil bei -10% und erst gegen Ende noch einmal der Schwung tiefer). Vielleicht liege ich falsch, aber es ist nur eine kleine Position im Depot. Ich denke immer noch, daß die Chancen das Risiko wert sind.

handbuch

[Handbuch]

Es gibt auch noch andere News von HYNIX:

Hynix Introduces Low-Profile DIMM DDR Family
SAN JOSE, Calif., INTEL DEVELOPER FORUM, Aug. 27 /PRNewswire/ -- Hynix Semiconductor America Inc. today announced the introduction of a new product family of high-density, low-profile memory modules with heights of 1.125 inches and the JEDEC-specified standard height of 1.2 inches. Packaged as 168-pin registered SDRAM DIMMs (Dual Inline Memory Modules) and 184-pin registered DDR (Double Data Rate) DIMMs, the modules are targeted to meet the specific requirements of server and networking applications. The lower-profile package facilitates the assembly of space constrained PCBs (Printed Circuit Boards), where height is a critical design factor.

The DIMMs can be mounted vertically in the thin 1U server enclosures, which measure only 1.75 inches in height. The use of angled connectors to mount modules on the system motherboard is no longer required, thereby simplifying routing and improving signal integrity in these space-constrained applications. In particular, entry-level servers will benefit from the use of these low-profile DIMMs.

``These low-profile DIMMs are one of many ways that Hynix continues to demonstrate its commitment to its customers,`` said Farhad Tabrizi, vice president of worldwide memory marketing at Hynix. ``At Hynix, we have been focusing on CSP and stacked packages to make high-density low-profile DIMMs viable and reliable, and we anticipate that they will be used in other mainstream applications as well.``

The Hynix SDRAM and DDR DIMMS are available in densities of 128MB, 256MB, 512MB and 1GB-the latter two using 256Mb stacked packages. The SDRAM-based modules support PC100/133 specifications, while the DDR modules support PC1600/2100 standards. The modules are available now in sample quantities and are scheduled for volume production later this month.

About Hynix Semiconductor Inc.

Hynix Semiconductor Inc., (formerly Hyundai Electronics Industries Co. Ltd.), based in Ichon, Korea, is an industry leader in the development, sales, marketing and distribution of high-quality semiconductors-including DRAM, SRAM, Flash memory and application specific standard products-as well as semiconductor manufacturing foundry services. Hynix Semiconductor is the world`s largest DRAM supplier, with capacity of over 300,000 wafer starts per month. Hynix is expanding each business unit with leading-edge products to meet the needs of the emerging markets. The company has added deep sub-micron foundry services to strategically broaden its overall presence in the industry and achieve the goal of leading the global semiconductor market. Hynix has research, production, sales and marketing facilities strategically located worldwide.

Hynix Semiconductor America Inc. is a U.S. subsidiary of Hynix Semiconductor Inc. and is headquartered at 3101 North First Street, San Jose, California, 95134. For more information on Hynix Semiconductor, visit www.hynix.com or www.us.hynix.com.

SOURCE: Hynix Semiconductor America Inc.

[Handbuch]

Oder auch diese:

Hydis Manufacturing SmartPanel Monitor Using Sage`s SmartMonitor s9050 Display Processor
Cost-Effective Analog-Input Solutions Make SmartPanel Concept a Reality for Hydis
MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 27, 2001--Sage Inc. (Nasdaq:SAGI - news), a leading provider of digital display processors for PC displays and consumer products, today announced that Hyundai Display Technology (Hydis), a leading provider of LCD panels and formerly known as Hyundai Electronics, will enter into production of new SmartPanel concept monitors in Q3 2001. The HM15X13 monitor will use Sage`s new SmartMonitorTM s9050 display processor, which is a ``system-on-a-chip`` solution for TFT LCD flat panel monitors. The SmartMonitor s9050 display processor integrates the ADC/PLL (Analog-to-Digital Converter/Phase Lock Loop), a programmable timing controller as well as an 80186-based microcontroller on a single chip to reduce overall system cost, and provides a small footprint PCB (Printed Circuit Board) to directly connect to the row and column drivers of the LCD module.

``Our objective from day one was to use Sage`s SmartMonitor display processor to pass on cost savings to our customers,`` said Dr. Young Jin Lim, director of the product development team at Hydis. ``Having immediately seen the tremendous savings, features and leverage this processor could provide for Hydis, we wanted to be one of the first customers to adopt it. This will be the world`s first commercially available SmartPanel concept monitor that has all the features and functionality for cost-effective analog input solutions. As one of the first companies to commercialize the new breed of SmartMonitors, Hydis continues the tradition of innovation and leadership in the LCD market.``

``We are pleased that Hydis has decided to use Sage`s SmartMonitor s9050 display processor,`` said Chandra Reddy, Sage`s CEO. ``These new processors provide high integration, advanced features and flexibility to support a wide variety of LCD modules, and the fast adoption of this concept will lead to lower monitor costs which can be passed on to the end users.``

Hydis has designed an extremely slim LCD module with a small footprint PCB completely integrated inside the module. The monitor offers an analog (VGA) input along with color management capabilities including fleshtone correction and a fully customized version of the OSD (on-screen display). The monitor also boasts excellent scaling capability with variable sharpness control, thereby allowing end users to customize both text and graphics images to suit their requirements. This sharpness control can also be applied in the native mode. Although native modes usually provide sharper text and graphics, the displayed content differs. The ability to adjust sharpness depending on the content is a critical feature that is lacking in LCD monitors on the market today.

About the Companies:

Hyundai Display Technology (Hydis)

Hyundai Display Technology Inc. (HYDIS) of Ichon, Korea, is an industry leader in the development, sales, marketing and distribution of high-quality LCD, which is a spin-off from HYNIX Semiconductor Inc. which was formerly Hyundai Electronics Industry Co., Ltd. (HEI). Having entered the LCD business, TN/STN business and TFT business in 1992 and 1996 respectively as a business unit of HEI, HYDIS has three TFT and three TN/STN manufacturing lines each, and secured a wide range of products designed for various display applications including, but not limited to, mobile computing, desktop computing, telecommunication, automotive, and industrial applications. They range from 1.8`` displays for mobile phones to 21.3`` monitor displays for financial and executive offices. Based in Korea, HYDIS has established global coverage in product sales and marketing with offices in the U.S., Europe, Japan, Taipei, Singapore and China. For more information on Hyundai Display Technology and its products is available from the company`s web site at www.hydis.com.

Sage Inc.

Headquartered in Milpitas, Calif., Sage Inc. (Nasdaq:SAGI - news) is a leading provider of digital display processors, enabling superior picture quality for a variety of consumer technology and PC-display products ranging from web appliances to TVs and flat panel monitors. Leveraging Emmy-award winning Faroudja technology from its acquisition of Faroudja Inc., Sage is developing products that bring the home theater experience to the mass consumer and PC-display market through digitally enhanced television, projection displays, DVD players and internet appliances. The Company`s systems-on-a-chip technology provides highly integrated mixed signal and system functionality with higher picture quality than lower-quality processors at a similar component cost. Sage`s display processors, which include Faroudja digital video processors, are used by world-renowned consumer electronics manufacturers such as Compaq, Fujitsu, Hyundai, InFocus, LG, NEC, Philips, Samsung, Sanyo, Sony and Toshiba. More information about Sage can be found on its web site at www.sageinc.com; the Company may be contacted directly at 408/519-6500.

For a discussion of factors that could cause actual results to differ please see the publicly available SEC filings of Sage including its 10K for the year ended March 31, 2001, and particularly the discussion of risk factors within such documents.

[NewDayRising]

ganz ruhig bleiben, hynix geht nicht pleite

zu gross
zu wichtig

allerdings ist die situation sehr angespannt
bin mir sicher , dass die koreaner ein rettungspaket
schnüren.

46 mio usd?

vergleichsweise bescheiden gegenüber den 11 milliarden
dollar gesamtschulden

[Handbuch]

Sieht so aus, als wäre meine Entscheidung zum Halten erst einmal richtig gewesen. Mit Nachkaufen werde ich jedoch erst einen stabilen Aufwärtstrend abwarten.

cu handbuch

[Handbuch]

Aua, heute wieder eine volle Breitseite mit knapp -15%. Sieht gar nicht gut aus.

cu handbuch

[Handbuch]

So langsam verdunkelt es sich:

Mittwoch 29. August 2001, 12:07 Uhr
Marktberichte Asien (Korea): Hynix bricht 15% ein, Koreas Exporthandelsüberschuss auf Rekordtief

"In Korea war es heute die Hynix Semiconductor, die für schlechte Stimmung gesorgt hat. Der am Boden liegende Speicherchiphersteller brach heute limit down ein, nachdem er bekannt geben musste, das zweite Notpaket in drei Monaten zu benötigen, um lebensfähig zu bleieben. ...

Besonders hart traf es heute die Hynix Semiconductor, die 15% auf 935 Won einbrach.
Der Speicherchiphersteller hat nicht genug Geld, um seine Schulden, die dieses Jahr fällig sind, zurückzuzahlen und diskutiert deswegen gerade mit seinen Gläubigern um ein 3,5 Bio. Won schweres Notpaket. Am Freitag wollen dann die Banken über Wohl und Wehe des Unternehmens entscheiden.

Die Korea Exchange Bank, Hynix Hauptgläubiger, brach 8,6% auf 2405 Won ein.
Die Hyundai Heavy Industries, die für 321 Mrd. Won garantiert hat, stürzte 11% auf 21300 Won."

handbuch

[mankis]

@handbuch
Besitze ebenfalls jede Menge Hynix-Zertifikate, gekauft bei durchschnittl. 1,43 aufgrund der Kaufsempfehlung von EMI. Habe mein ganzes Depot auf H- und südkoreanische Aktien umgestellt. Ich hoffe nur, daß die Hynix nicht bankrott geht. Weißt Du mittlerweile mehr? oder hast Du die Notbremse gezogen.

[Handbuch]

Oh jeh, noch ein EMI-Geschädigter. Hat Dich noch keiner vor diesem Wurschtblatt gewarnt? Ich nutze EMI nur als Ergänzung und mit absolut kritischer Bewertung.

Nein, ich habe die Notbremse noch nicht gezogen. Weitere Infos gibt es auch noch nicht (bzw. kenne ich keine). Entscheidend wird sein, ob am Freitag ein weiteres Notpacket festgezurrt werden kann. Ich gehe jedoch weiter davon aus, daß die Hauptgläubiger schon zu viel investiert haben um jetzt auszusteigen. Desweiteren hat der Staat in gigantischem Volumen für solche Kredite Garantien abgegeben. Auch von dieser Seite erwarte ich Unterstützung - nicht zuletzt auch wegen der vielen Arbeitsplätze.

Sicherlich kann es in den nächsten Tagen weiter bergab gehen, aber ich bin bisher nur mit einer ersten kleinen Position zu 1,45 drin und habe zu oft schon im Tief verkauft. Ist allerdings nur meine persönliche Meinung. Die Gefahr eines Konkurses ist mehr als real.

Mit Deinen H-Aktien dürfte es zur Zeit auch nicht all zu doll aussehen, oder? Halt typisch EMI. Letztes Jahr waren die ganz bullisch für Thailand, speziell Banken (NFS und TFB) und die gingen nur bergab. Dieses Jahr kein Wort zu diesen Werten und in der letzten Ausgabe kommentarlose Zielreduzierungen für 2001 (NFS von 0,75 auf 0,35 und TFB von 1,5 auf 0,75).

[Handbuch]

Habe ich gerade noch gefunden, aber nichts Neues:

Wednesday August 29, 6:33 am Eastern Time
Hynix shares plunge 15 pct on Salomon sales
(UPDATE: Recasts with Salomon comments, details)

By Choi Kwang-hoon

SEOUL, Aug 29 (Reuters) - Shares in South Korea`s troubled Hynix Semiconductor closed at a lifetime low on Wednesday as sales by Salomon Smith Barney, leader of a Hynix rescue three months ago, spooked investors.
ADVERTISEMENT



The fall came as creditors prepared to meet on Friday over a second bailout for the world`s third largest memory chipmaker.

Salomon said as market maker it was forced to buy Hynix global depositary receipts (GDRs) from one large client in London overnight.

It unwound the deal by selling common shares in Seoul.

``We ended up with a large block of GDRs of Hynix,`` Simon Parker, Salomon director of tech investment banking, told Reuters. ``(We) then had to unbundle and sell to the marketplace.``

Hynix shares closed down by the daily maximum 15 percent at 935 won ($0.74) in heavy volume.

They are off 80 percent in the last 10 weeks.

Salomon turned to common shares for the sale as they are more liquid than GDRs worth five shares each. The GDRs closed at a lifetime low $4.25 (5,402 won) overnight.

``Sell orders coming from Hynix`s financial advisers (Salomon) are dampening sentiment,`` said Park Seok-hyun, analyst at Kyobo Securities.

Korea Stock Exchange data showed Salomon sold more than 32 million Hynix shares.

Asked if planned sales were completed, Salomon`s Parker said: ``I believe so.``

Still, analysts warned Salomon might face further foreign selling pressure on Thursday as a 14-percent spread between GDR and common share prices offered arbitrage gains.

TRUSTS BALKING

Salomon, a unit of U.S. financial services giant Citigroup Inc (NYSE:C - news), engineered a Hynix rescue worth more than 5 trillion won ($3.93 billion) creditors approved in May.

Hynix is seeking another rescue package in the wake of mid-year losses that reflected dire memory chip prices.

Research firm Gartner Dataquest has forecast worldwide revenues from DRAM (dynamic random access memory) chips used in PCs and servers will fall 55.5 percent this year to $14 billion.

Analysts have said the government would likely encourage local banks to back Hynix, though Finance Minister Jin Nyum reiterated on Wednesday the matter would be left to market principles.

``There is no room to tackle Hynix`s predicament with economic logic,`` said Kim Ki-tae, a director at Indosuez WI Carr. ``It must be addressed with political logic, considering its impact on the economy.``

Korea Development Bank said on Wednesday it was not considering fresh funds for Hynix, a stance other creditor banks have expressed as lenders lean toward debt-to-equity swap as a more likely option.

Winning support from local trusts remains vital for Hynix.

They hold the bulk of 1.8 trillion won worth of Hynix bonds maturing by the year`s end and have balked at rolling them over unless the government provides guarantees.

The issue has come to a head after Hynix defaulted on 400 billion won in bonds that matured on Monday in a bid to force the trusts to help.

($1 equals 1271.0 won)



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--------------------------------------------------------------------------------
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[Nasdachs]

Irgendetwas verstehe ich hier nicht.

mankis hat im Durchschnitt seine Hynix-Aktien bei 1,43 gekauft und wenn ich den Kurs nachschaue, dann ist er aktuell bei 4,1.
Ich habe übrigens zwei EMI-Probe-Börsenbriefe und dort ist auch von Einsammeln bei 1,4 die Rede.
Wo liegt mein Denkfehler?

Zu EMI kann ich Handtuch nur recht geben.
Ich beobachte nun deren heisse Empfehlungen seit etwa 2 Monaten und in dieser Zeit ging alles bergab.
Sicher teilweise Pech wegen der allgemein negativen Stimmungslage, aber wenn man die Empfehlungen von EMI liest, könnte man den Eindruck haben, in jeder Börsenbrief-Ausgabe würden mindestens drei Chancen veröffentlicht, die man nur einmal im Leben kriegt.

Gruss

[DieFilzlaus]

Hynix ist Hikari plus Harakiri !
Pfoten weg !

[Butterfly]

Nasdachs,
der Kurs für eine Origialaktie 00660.ks beträgt in Korea z.Zt. 935 Won.
Lt. Yahoo-Währungsrechner sind das 0,80 Euro.
Das deutsche ADR mit der WKN 677419 umfasst 5 Originalaktien. Also 0,80 mal 5 = 4 Euro. Letzter Kurs in FFM = 4,10 Euro.
Nach der EMI-Aufforderung zum Einsammeln ist der Kurs also von 1,4 auf 0,8 gefallen.
Viel Glück
Butterfly

[Butterfly]

Nachtrag: Dann gibt es noch ein Zertifikat auf Hynix von ABN Amro WKN 506809. Hier ist der Kurs 0,80 Euro, entspricht also einer Originalaktie. Das Zertifikat läuft nur bis 2003. Nicht kaufen.

[scarface10]

Wednesday August 29, 8:35 pm Eastern Time
Korea`s Hynix shares plunge 15pct to new record low
SEOUL, Aug 30 (Reuters) - Shares in South Korea`s troubled Hynix Semiconductor fell by a maximum 15 percent to a lifetime low early on Thursday after its global depositary receipts (GDRs) plunged overnight.

Creditors are to meet Friday to discuss a bailout for the world`s third largest computer memory chip maker.

Hynix shares hit a low of 795 won ($0.63) at 0021 GMT after the Luxembourg-listed GDRs fell almost 18 percent.

Hynix`s volume of 75 million shares accounted for 70 percent of early trade.

Adviser Salomon Smith Barney engineered a rescue of Hynix worth more than five trillion won ($3.93 billion) that creditors approved in May.

($1 equals 1272.0 won)



VORSICHT!!!!!
JUNGE JUNGE!ES GIBT IMMER NOCH LEUTE DIE DIESE DRECKSBLATT VON EMI LESEN,UND DARAUFHIN SICH AKTIEN KAUFEN???

[Handbuch]

Junge, Junge. Wochenlang war es hier verdammt einsam und auf einmal sind hier tausend Experten. So kommt wenigstens eine Diskussion auf. Zunächst erst einmal der komplette Marktbericht von Yahoo:

Thursday August 30, 12:05 am Eastern Time
Korea`s Hynix shares hit ahead of rescue meeting
(UPDATE: Adds details, updates share price)

SEOUL, Aug 30 (Reuters) - Shares in South Korea`s troubled Hynix Semiconductor fell to a lifetime low early on Thursday, a day before creditors review a rescue for the world`s third largest memory chip maker.
ADVERTISEMENT



Hynix shares fell by a maximum 15 percent to 795 won ($0.63) before trimming losses, down nine percent at 850 won as of 0250 GMT.

Overnight, Hynix global depositary receipts (GDRs) fell 18 percent in Luxembourg and 22 percent in London .

An official at main creditor Korea Exchange Bank said it remained uncertain whether the 18 lenders supporting Hynix would offer new funding needed due to losses from dire memory chip prices.

``We`re not sure whether the rescue we have proposed will be accepted by other creditors,`` said Kang Kyung-moon, deputy manager of Hynix credit at Korea Exchange Bank.

Hynix`s volume of 200 million shares accounted for 60 percent of trade by late morning.

The lender`s shares were up 20 won at 2,420.

Financial advisers Salomon Smith Barney engineered a Hynix rescue worth more than five trillion won ($3.93 billion) that creditors approved in May.

Lenders could offer a second bailout of similar size if creditors holding 75 percent of Hynix`s debt approve.

Winning support from local trusts is vital.

``Everyone knows the impact of Hynix`s failure on the economy would be too big,`` said an official at Korea Investment Trust Management Co.[/]

``But at the same time, whether Hynix can survive with the fresh rescue is still uncertain.``

Trusts hold the bulk of 1.8 trillion won in Hynix bonds maturing by year`s end and have balked at rolling them over.

Hynix defaulted on 400 billion won in bonds on Monday in a bid to force them to help.

``We`re discussing possible steps,`` the trust official said. ``The final decision will be made after creditor banks meet tomorrow.``

Hynix shares slumped to a lifetime low close on Wednesday after Salomon sold common shares to unwind GDRs it bought for a client.

Salomon, a unit of U.S. financial services giant Citigroup (NYSE:C - news), also executed sales on Thursday, Korea Stock Exchange data showed.

Makers of DRAM (dynamic random access memory) chips used in PCs and servers face their worst slump ever, with research firm Gartner Dataquest forecasting a 55.5 percent drop in worldwide revenues this year.

($1 equals 1272.0 won)


Nach einem zwischenzeitlichen Limit Down ging es wieder nach oben mit Schluß bei -5,88%. Hier gibt es den Tageschart:

http://finance.yahoo.com/q?s=00660.KS&d=c&k=c4&t=1d

@Butterfly
Die Laufzeit für das Zertifikat bis 2003 stellt für mich kein Problem dar. Entweder gibt es bis dahin HYNIX noch, dann habe ich meine Prozente bereits eingefahren oder HYNIX ist bis dahin Pleite dann sind die Zertifikate genausoviel wert wie die ADR`s und GDR`s nämlich nichts.

Für alle, die diesen Wert anfassen sei gesagt: Es ist ein absoluter Zock. Die Chance auf mehrere hundert Prozent Gewinn verbunden mit dem Risiko der Totalverlustes. Sollte, wenn überhaupt nur eine Depotbeimischung sei!!!!

[Handbuch]

Gläubigertreffen verschoben! Hier die Info:

Thursday August 30, 6:31 am Eastern Time
Korea Hynix shares hit new low, meeting delayed
(UPDATE: Recasts, adds postponement of meeting, Chohung comment)

By Lee Bong-hyun

SEOUL, Aug 30 (Reuters) - Shares in South Korea`s troubled Hynix Semiconductor fell to a record low close on Thursday, with more uncertainty ahead as creditors then delayed talks on rescuing the world`s third largest memory chip maker.


--------------------------------------------------------------------------------


Lenders said they would meet Monday instead of Friday to consider a rescue worth more than five trillion won ($3.93 billion).

But a speedy bailout looked unlikely after key creditor Chohung Bank said lenders first needed a closer look at Hynix`s finances.

``Before requesting creditors` aid, Hynix needs due diligence and indepth diagnosis from experts about whether it is viable and about when chip prices are expected to rebound,`` Chohung Chief Executive Wee Sung-bok told Reuters by telephone.

Shares of Hynix fell by their 15 percent limit to 795 won ($0.63) before closing at 880 won. They are worth just four percent of their value a year ago.

Selling has been sparked by concerns over the long-term viability of Hynix and the risk that creditors may be about to pull the plug.

An official at main creditor Korea Exchange Bank said it remained uncertain whether lenders would offer the funds Hynix needs to staunch losses from dire memory chip prices.

``We`re not sure whether the rescue we have proposed will be accepted by other creditors,`` said Kang Kyung-moon, deputy manager of Hynix credit at Korea Exchange Bank.

SECOND BAILOUT

Creditors provided 5.1 trillion won in support in May under a deal engineered by financial advisers Salomon Smith Barney.

Salomon, a unit of U.S. financial services giant Citigroup (NYSE:C - news), will be speaking with creditors before Monday about a second bailout, which would require approval from lenders holding 75 percent of Hynix`s debt.

Winning support from local investment trusts is vital.

``Everyone knows the impact of Hynix`s failure on the economy would be too big,`` said an official at Korea Investment Trust Management Co.

``But at the same time, whether Hynix can survive with the fresh rescue is still uncertain.``

Trusts hold the bulk of 1.8 trillion won in Hynix bonds maturing by the year end and have balked at rolling them over.

Hynix refused to honour 400 billion won in maturing bonds on Monday in a bid to force them to help.

``We`re discussing possible steps,`` the trust official said.

One risk Hynix faces is falling behind larger rivals Samsung Electronics and Micron Technology (NYSE:MU - news) in investment key to staying competitive, analysts said.

Makers of DRAM (dynamic random access memory) chips used in PCs and servers face their worst slump ever, with research firm Gartner Dataquest forecasting a 55.5 percent drop in worldwide revenues this year.

RECORD VOLUME

Hynix volume on Thursday of 424 million was a record, worth 60 percent of total turnover and seven times Hynix`s average in the last 200 days. The Korea Composite Stock Price Index closed down just 0.22 percent.

Overnight, Hynix global depositary receipts (GDRs) fell 18 percent in Luxembourg and 22 percent in London .

($1 equals 1272.0 won)

[Handbuch]

Sieht gar nicht sooooo schlecht aus. Geschlossen bei 830 Won.
Hynix shares pare loss despite rescue uncertainty
(UPDATE: Recasts, adds banker, fin minister comment)

SEOUL, Aug 31 (Reuters) - South Korea`s cash-strapped Hynix Semiconductor erased most of an early 11 percent fall in its shares on Friday and a creditor said lenders were willing to save the firm but needed a closer look at its future first.


--------------------------------------------------------------------------------


Main creditor Korea Exchange Bank has asked lenders to stump up over five trillion won ($3.93 billion) in a second bailout package for the world`s third largest memory chipmaker in three months.

The rescue as currently proposed was ``insufficient``, the chief executive at state-run Hanvit Bank said on Friday, but added that creditors were ready to support the firm once they had a clearer view of its prospects.

``Only when creditors can get a clearer picture of its viability, will we help Hynix, including measures to extend fresh loans,`` Hanvit`s Lee Duk-hoon told reporters.

South Korea`s finance minister said the fate of Hynix would be decided by creditors, not the government.

``Although the government is a major shareholder of (many) commercial banks, it goes against market principles for the government to meddle,`` Finance Minister Jin Nyum told a radio talk show.

The firm has been piling up losses because of a plunge in global chip prices and there is little prospect of an immediate recovery in the market.

Financial advisers Salomon Smith Barney (NYSE:C - news) plan to brief creditors later in the day ahead of a key bank rescue meeting scheduled for Monday.

MEETING DELAY HITS SHARES

Hynix shares tumbled 11 percent in early trade after banks overnight delayed the bailout meeting, originally set for Friday. Lenders said they needed more time to consider their options.

Hynix shares are down around 30 percent this week, hit by concerns that creditors may pull the plug if Hynix cannot map out a way to weather a record downturn in chip markets.

Analysts said Korea Exchange Bank and Chohung Bank would be the worst hit banks if Hynix collapses due to their high exposure and low provisioning. Impact on stronger banks was expected to be limited.

Hynix shares rebounded at one point to equal yesterday`s close of 880 won, after falling to 780 in early trading, but they later slipped to 855 by 0500 GMT. Heavy morning volume of 297 million accounted for 65 percent of total turnover.

Hynix global depositary receipts (GDRs) worth five shares fell 13 percent in London to $2.88 overnight.

($1 equals 1274.0 won)

[DieFilzlaus]

Bei dieser Finanzsituation könnte Hynix bald sehr billig
werden (eventuell unter 0 € fallen).

[Rhum56]

@Filzlaus

unter 0 , kriegt man da schon Geld raus?

[robertos]

Date : 09/03/2001 Time : 20:56
Subject : Creditors Agree to Put 1.5 Trlln Won Into Hynix Semiconductor

Seoul, Sept. 3 (Yonhap) -- Creditors of Hynix Semiconductor Inc. agreed
Monday to inject 1.5 trillion won (US$1.17 billion) into the financially
hard-press chipmaker to bail it out.

This was revealed by Salomon Smith Barney, the company`s financial
consultant, in a briefing session on the agreement held in the evening.

Under the agreement new rights totaling 1 trillion won will be issued to
the existing shareholders and creditors will provide the remaining 500
billion won in fresh investment.

In addition, the swap of 3 trillion ($2.3 billion) in debt for equity and
the rollover on debt of banks, investment trust firms and leasing companies
will be implemented as planned.

The 500 billion won creditors will provide in fresh investment will be used
only for the purchase of new equipment.

Lee Yong-soo, deputy president of Korea Exchange Bank, Hynix`s chief
creditor, said that with the amount, Hynix`s funds for investment in plant
and equipment next year will come to a total of 1.25 trillion won, enough to
make the company catch up with the techncial level of Samsung electronics.

The 3 trillion won in debt-for-equity swap would decrease the company`s
debt ratio to 130 percent and the new rights totaling 1 trillion won would
lower it further to 120 percent, he added.

Investment trust companies will defer the redemption of bonds totaling
1,198 billion won due between August and December for three years, while
leasing companies will roll over debt totaling 19.8 billion won maturing
until 2003 for an additional 18 months.

[e-mail]

(END)

[Handbuch]

Klingt gut.

[Handbuch]

Mist, warum habe ich nur gestern nicht nachgelegt? War doch nach der Nachricht absehbar, das HYNIX heute explodiert. Limit Up. Sch.....

handbuch

[Crocodile_Dundee]

@Handbuch: Wo bekomme ich den Hynix-Kurs aus Korea her?
Wie hat Hynix heute geschlossen. Danke.

[Handbuch]

http://sg.finance.yahoo.com/q?m=k&s=00660.KS&d=v1

geschlossen Limit Up (+15% - mehr geht nicht) bei 920 Won.

[robertos]

Date : 09/04/2001 Time : 16:04
Subject : SSB Advocates Bailout Plan for Hynix Semiconductor

Seoul, Sept. 4 (Yonhap) -- Salomon Smith Barney (SSB), acting as financial
consultant for Hynix Semiconductor Inc., stressed Tuesday that creditors
should make an effort to prop up the troubled chipmaker.

The U.S. based firm said in a report released to Hynix`s creditor
institutions Monday, that the company possessed good potential for growth and
was more competitive than its main rival Micron Technology Inc. It added that
despite the depressed global chip industry, Hynix recorded 951 billion won
(US$742 million) in sales for the first half of the year, with net operating
profits topping 8 billion won. This compares favorable with the $818 million
in sales and minus $15 million reported for Micron Technology, SSB said.

In addition, the consulting company said Hynix`s main weakness did not lie
in its growth potential, but in its financial structure and the amount of
interest bearing loans it had.

"Though the company suffers from excessive debt and is vulnerable to
exchange rate risk, it is still more competitive than Micron," said an SSB
representative. He also said that while the Korean manufacturer has moved to
cut unit production costs, its U.S. rival has not been so successful. This
means that if timely facility investments are made it will be able to keep
pace with the world`s memory chip development.

Hynix was also discovered to be ahead of Micron in operating profit before
depreciation.

"The SSB report reveals that the bailout measures being considered are
fundamentally sound," said an official for one of the creditors banks. He
also pointed out that the consulting firms suggestions that banks rescheduled
loans so that Hynix could turn a profit showed that allegations raised by
critics that the government was trying to prop up a non-viable firm were off
the mark.

Creditors were able to agree on a general outline for a rescue plan for the
struggling chipmaker Monday, proposing that around 1 trillion won be raised
by offering new issues to existing shareholders, while another 500 billion
won be provided through the injection of fresh funds. They had earmarked 1.25
trillion won for new machinery and upgrading production next year.

Besides this, about 3 trillion won in loans will be swapped for equity and
maturing debts should be rescheduled to a latter date.

The plan, however, has met with resistance from some banks, including the
state-controlled Korean Development Bank, who fear that they may not be able
to recoup the money poured in so far or that injecting more funds may cause
misunderstanding with Korea`s trading partners.

Creditors said that once all the details of the rescue package were ironed
out, a general meeting of creditors will be called to vote on the matter.

[robertos]

Date : 09/05/2001 Time : 11:21
Subject : Hynix Blasts U.S. for Infringing on S. Korean Economic Sovereignty

Seoul, Sept. 5 (Yonhap) -- Hynix Semiconductor Inc. Wednesday

called for the government`s help in resolving its liquidity crisis, calling
opposition by the United States to its creditors` move to provide a new
financial assistance package as an "infringement on economic sovereignty."

The financially-troubled Korean chipmaker said in a report, "It is in the
interests of the national economy that the government steps in to curb the
market from sustaining further setbacks, even under a capitalist economy."

The report also said the government could use its influence in the market
in a bid to protect a weak national industry.

The report followed a "strongly worded" letter from the U.S. government to
Seoul, detailing complaints from Micron Technology concerning the move by
Korean creditor banks to arrange a debt-for-equity swap for cash-strapped
Hynix.

Several U.S. Senators, who apparently have vested interests in Micron`s
survival, have reportedly lodged a complaint with the Bush administration,
calling for the U.S. government to bring Korea`s alleged government subsidies
before the World Trade Organization.

With a view to sharpening national competitiveness and laying out a
long-term economic strategy, the government should direct the course of
restructuring at Hynix and institute measures to facilitate the company`s
restructuring process, the report said.

Hynix also warned against the adverse effect on the financial markets if
the firm goes bankrupt or goes under court receivership. "Korean banks and
investment trust firms will be hit by a cluster of non-performing loans
totaling 6.5 trillion won (US$5.07 billion) and 1.8 trillion won,
respectively, if Hynix goes bankrupt or is placed under court receivership,"
the report cautioned.

Bankruptcy could also lead to liquidity crises at Hynix` affiliates and
subcontractors, the report said.

Hynix` exit from the Korean semiconductor sector, in which Hynix and
Samsung Electronics Co have held a controlling 40 percent share, will leave
the sector vulnerable to foreign rivals, the report warned.

[Handbuch]

Heute wieder Limit Up. Geschlossen bei 1125 Won.

[Handbuch]

In D steht das Zertifikat wieder bei 1 Euro.

Wednesday September 5, 2:20 am Eastern Time
Korea`s Hanvit expects Hynix rescue plan next week
(UPDATE: Adds details, updates share prices, paras 5-9)

SEOUL, Sept 5 (Reuters) - South Korea`s Hanvit Bank said on Wednesday it expected an outline of the bailout package for Hynix Semiconductor to be prepared by next week.


--------------------------------------------------------------------------------


State-run Hanvit Bank is one of the largest lenders to the cash-strapped chipmaker with 980 billion won ($765.6 million) in credits.

``We are encouraged to help Hynix by the judgment of its financial advisers Salomon Smith Barney that the chipmaker is still competitive,`` Hanvit chief executive Lee Duk-hoon told reporters.

Lee said his bank believed it was desirable to help the world`s third largest memory chipmaker to tide over its current liquidity problems.

Hanvit would also positively review extending fresh loans to Hynix, he said.

Fresh funding is the key for the chipmaker to stay competitive with richer rivals such as Samsung Electronics and Micron Technology (NYSE:MU - news).

Salomon and Hynix`s main creditor Korea Exchange Bank had asked creditors on Monday to back a package worth more than five trillion won that included a three trillion won debt-to-equity swap, debt rescheduling, new shares and new funds.

Hynix shares were up 85 won at 1,005 at 0534 GMT in the day`s most active trade.

Turnover reached 469 million shares, a record volume for a single Korean share, and accounted for more than 60 percent of the market`s total volume.

The benchmark Korea Composite Stock Price Index (KOSPI) was down 1.51 percent to 550.38.

($1 equals 1280.0 won)

[Handbuch]

Wird langsam langweilig - jeden Tag Limit up. Mal sehen, wie lange sie das durchhalten. Von mir aus 5 Mal die Woche und das für ein Jahr mindestens. Dat wäre schön und ich müßte nie mehr arbeiten. Naja, war halt nur so ein Traum.

Ein Gruß an alle Investierten.

handbuch

[Handbuch]

SEOUL: South Korean closed slightly higher on news that Hynix Semiconductor Inc., the world`s third largest computer memory chip maker, has decided to sell a stake in its wholly owned flat-panel display unit to a consortium led by Taiwan`s Cando Corp. The Korea Composite Stock Price Index, or Kospi, rose 0.5 percent, or 2.49 points, to 555.08.

[Handbuch]

Hier nochmal etwas umfangreicher die News:

Thursday September 6 1:12 PM ET
Hynix to Sell Flat-Panel Unit

SEOUL, South Korea (news - web sites) (AP) - South Korea`s Hynix Semiconductor Inc. has agreed to sell an 80.1 percent stake in its wholly-owned flat-panel display unit for $570 million to a consortium led by Taiwan`s Cando Corp.

The financially troubled company will receive $400 million in cash by November, the company said in a news release Thursday. Payment of the remaining $170 million will be spread over five years.

After the deal, Hynix will hold 19.9 percent of the flat-panel display unit.

Cando and Hynix will set up a joint venture company to run the unit, which produces thin film transistor liquid crystal displays, or TFT-LCDs. The flat-panel displays are commonly used in notebook computers and television sets designed to be hung on a wall.

Cando specializes in producing color filters for TFT-LCDs. Hynix refused to identify other investors in the Cando-led consortium.

Hynix`s TFT-LCD unit, with 1,500 employees, has an annual production capacity of 3.1 million units of 15-inch TFT-LCDs.

Hynix, the world`s third largest computer memory chip maker, has been trying to sell non-semiconductor units in a restructuring program aimed at raising badly needed cash.

Hynix`s creditor banks were discussing whether to provide the company with a new $5.2 billion bailout package. It has struggled under an estimated debt of $5 billion since 1999. Creditor banks have bailed the company out several times.

Its financial woes deepened this year amid tumbling chip prices on the international market. It was formerly known as Hyundai Electronics Industries Co.

[robertos]

Date : 09/08/2001 Time : 12:08
Subject : Hynix, Daewoo Motor Issue to be Settled This Month: FSC Chairman

Seoul, Sept. 8 (Yonhap) -- Financial Supervisory Commission Chairman Lee
Keun-young said Saturday, that the Hynix Semiconductor Inc. and Daewoo Motor
Co. issues should be resolved within the month.

Headway was being made, he said, on the sale of the motor company to
General Motors Corp. (GM) and that any deal will conform to public sentiment
and will be in the best interests of the troubled automaker.

Lee also said that the matter of the Pupyong plant, one of the main points
of contention between the Korean government and GM, due to the latter`s
latter lack of interest, was making some progress.

He then said that once creditors for Hynix meet next week, some sort of
compromise should be reached.

"We are committed to resolving the Hynix matter as soon as possible," he
said.

In addition he said that despite some confusion, the sell-off of the three
Hyundai financial units to the American International Group (AIG) was also
making progress and that tangible results are expected before end of
October.

[robertos]

Date : 09/09/2001 Time : 12:30
Subject : Creditor Banks to Decide Whether to Offer Additional Aid to Hynix This Week

Seoul, Sept. 9 (Yonhap) -- Creditor Banks are expected to decide whether
they will offer financial support to Hynix Semiconductor Inc. or not this
week, a source at the creditors said Sunday.

The Hynix creditor institutions are close to hold a meeting this week and
judge whether they give six trillion won (US$4.6 billion) worth of fresh loan
to the struggling chipmaker.

Banks which offered much money in loans to Hynix such as Korea Exchange
Bank and Hanvit Bank are in a situation to offer additional assistance to
Hynix but Hana Bank, Shinhan Bank and Koram Bank objected to the plan.

In a related move, Salomon Smith Barney (SSB), acting as financial
consultant for Hynix Semiconductor, is seeking a new bailout plan based on
injection of 500 billion won ($388.5 million) into building up Hynix`s
facilities.

If the SSB`s plan is confirmed, the capital to be invested on facilities of
the troubled chipmaker will rise from the current 750 billion won ($582,7
million) to 1.25 trillion won ($971.2 million).

[e-mail]

[Crocodile_Dundee]

Hat die 677419 eigentlich immer Abgeld?
Hynix hat bei 1400 KRW geschlossen.

1 USD = 1287 KRW
1 EUR = 0,905 USD

Da komm ich auf genau 6 EUR Parität..

[Handbuch]

Das Zertifikat hat ein Abgeld in etwa gleicher Höhe. Das Vertraune ist erst einmal weg.

cu

[Handbuch]

Sorry, war noch der Wert von Freitag. Zertifikat jetzt ohne Abgeld. Ware eigentlich ne Idee. Man müßte zur Zeit das Zertifikat in das GDR Papier wechseln. Dieses ist aber so scheiß markteng. Werde es wohl doch sein lassen.

[robertos]

Date : 09/10/2001 Time : 14:41
Subject : S&P Downgrades Hynix Semiconductor

Seoul, Sept. 10 (Yonhap) -- Standard & Poor`s Monday lowered its long-term
rating on Hynix Semiconductor Inc. three notches to CC from CCC+.

The downgrade reflects the likelihood that a financial assistance package
under discussion by Hynix`s creditor will include a debt-for-equity swap.

S&P retained a negative credit watch on Hynix, pointing to a possible
additional downgrade.

[Crocodile_Dundee]

Das ist ja wieder typisch. Die Amis möchten HYNIX natürlich am liebsten kaputt machen, damit Ihre marode Micron überlebt. Daß solche Praktiken sogar bis zu S&P üblich sind, ist nicht verwunderlich.

[Handbuch]

Diese Aktie ist etwas für manisch-depressive. Heute wieder Limit down. Einen normalen Handeln kennt das Teil wohl erst wieder, wenn das zweite Notpacket durch ist. Dabei lag man zu Handelsbeginn sogar noch im Plus.

cu

[robertos]

Subject : Company President Says New Investment Would Keep Hynix Afloat

Seoul, Sept. 17 (Yonhap) -- Park Chong-sup, president of Hynix
Semiconductor Inc., said Monday his company would be able to stay afloat if
its creditors provide 600 billion won (US$462.96 million) in fresh funding
this year.

The head of the financially-troubled chipmaker made the remarks at a
parliamentary interpellation held earlier in the day.

Hynix, which poured 1.7 trillion won into facility investments, has to make
the investment this year and expects to raise 1.2 trillion won on its own in
2002 if the price of dynamic random access memory (DRAM) chips rises by an
average of $1.5 per chip, Park said.

At the session, he also maintained that the planned investment of 4.4
trillion won this year by Samsung Electronics is too much.

Hynix is superior to its two foreign rivals, Micron and Infinion, in terms
of revenue and ability or generate cash and incurs lesser sales losses than
the two, Park claimed.

Park`s remarks came three days after Hynix creditors rescheduled a vote
last Friday on whether to implement a financial assistance package for Hynix
at an undetermined date.

The assistance package calls for the provision of 500 billion in fresh
loans, conversion of 3 trillion won in debts to equities and rescheduling of
the company`s debt repayments,

[robertos]

Date : 09/25/2001 Time : 17:50
Subject : Hynix to Set Up New Wafer Line by Yearend

Seoul, Sept. 25 (Yonhap) -- Hynix Semiconductor Inc. will set up facilities
for the production of a 0.15 micrometer wafer by the end of the year, company
officials said Tuesday.

At present, the world`s third largest chip maker employs production
facilities that could turn out 0.18 micrometer wafers. The change would mean
that more chips could made from each wafer, which translates into greater
competitiveness and profit for the company.

In addition, Hynix said that they would progressively increase the
integration rate to 0.14 micrometer wafers by early 2002.

Hynix said that four of its six dynamic random access memory (DRAM) plants,
including those at Eugene, Oregon and Ichon, Kyonggi Province, will be
modified of the new production.

Samsung Electronics Co. and Micron Technology Inc. have all switched to
0.15 micrometer facilities in the first half of the year. The two companies
said that they will upgrade to 0.13 and 0.12 micro meter manufacturing
facilities before the year is out.

Company President Park Sang-ho said that 0.15 micrometer production
capability was part of the ongoing "blue chip" project to enhance
competitiveness.

The project is designed to improve lithograph technology that accounts for
50 percent of the fabrication processes.

"By using the existing steppers instead of scanners we can reduce initial
facility investment costs considerably," he said.

He also stressed that unless the chip market was able to shake off the
general downturn soon, even leaders like Samsung and Micron will begin to
suffer losses.

Park, commenting that much progress has been made since Hyundai Electronics
took over the semiconductor operation from LG two years ago, said that the
company has been diversifying from DRAMs to more value added system ICs.
DRAMs accounted for 93 percent of production in 1999 but currently stands at
71 percent as of the first half of this year.

[robertos]

Date : 09/26/2001 Time : 16:35
Subject : Creditors Eye Bailout Plan for Hynix Semiconductor in October

Seoul, Sept. 26 (Yonhap) -- Creditors of Hynix Semiconductor plan to come
up with a financial assistance package for the troubled chipmaker in October,
a source close to the creditors said Wednesday.

The source also said Hynix creditors in the investment trust sector raised
objections to a measure to reschedule the repayment of Hynix`s debts in
corporate bonds.

The creditors are expected to adopt a resolution early next month to defer
their collection of loans extended to Hynix under corporate restructuring
law, he said.

The amount of fresh loans that the creditors are expected to offer to Hynix
could exceed 500 billion won (US$382.84 million), given the global
semiconductor industry faces a liquidity crisis

[Crocodile_Dundee]

Heute mal wieder ein saftiges Limit-Up in Korea.
Bin mal gespannt, ob es was Neues gibt..

[robertos]

Subject : Chinese Group Seeks Ties to Hynix

Seoul, Oct. 12 (Yonhap) --The Shoudu Iron and Steel Group (Shougang) is in
talks with Hynix Semiconductor Inc. to discuss ways to cooperate, including
the Chinese group`s acquisition of some Hynix`s production facilities,
securities sources said Friday.

Shougang has sought tie-ups with many global chipmakers in a bid to
strengthen its chipmaking operations but has yet to decide on what type of
cooperation the group will settle on, sources said.

The group, which plans to shift its core business to semiconductors from
steel, has launched a joint venture with Japan`s NEC Corp. to produce
six-inch silicon wafers.

It reportedly will inject US$10 billion into the semiconductor sector by
2010. along with its affiliated firms.

In a related development, a Hynix official said a Chinese delegation,
including officials from Shougang, will arrive in Seoul in the day to push
ahead its plan to acquire the troubled Korean chipmaker.

He understands that the delegation, including officials from two Chinese
firms, officials from a Chinese municipal government and university
professors, will tour production lines at Hynix` plants in Ichon, Chongju and
Kumi.

The Hynix official said he was unable to give official confirmation of the
delegation`s visit to Seoul.

Hynix operates a total of 12 production lines at the three plants. The
world`s third biggest chipmaker is contemplating an option to sell one or two
lines of dynamic random access memory (DRAM) chips and non-memory chips.

The Chinese side is reportedly asking Hynix to transfer technology as well
as production facilities and offer staff training.

(END)

[robertos]

Date : 10/18/2001 Time : 10:54
Subject : Hynix Creditors Considering to Up Investments in Chipmaker

Seoul, Oct. 18 (Yonhap) -- Creditors of Hynix Semiconductor are
considering increasing their debt-to-equity investment from 3 trillion won
(US$2.3 billion) to 3.8 trillion won and disbursing an initial 500 billion
won out of the 1 trillion won in new loans already promised, a creditor
source said Thursday.

Executives of the creditor banks held a meeting Wednesday to discuss
revising their normalization plan for the ailing chipmaker.

One creditor source said the creditor group has agreed to expand equity
investments in the semiconductor firm to 3.8 trillion won since they are
unsure the 500 billion won in rights offering will materialize.

Consequently, they decided to provide 500 billion won out of the 1 trillion
won earmarked for fresh loans to Hynix and the balance will be provided after
monitoring the chipmaker`s liquidity situation, he said.

But the major creditor banks will meet again to take up the matter to make
sure that every creditor supports the moves.

Such creditor banks as Kookmin, Housing & Commercial and Shinhan banks are
unsure about the survival of the chipmaker and are willing to release fresh
loans to Hynix only after reviewing the results of a due diligence on the
chipmaker around the middle of next month.

[robertos]

Date : 10/19/2001 Time : 16:24
Subject : Hynix to Pursue 1 Trillion Won Self Rescue Plan

Seoul, Oct. 19 (Yonhap) -- Hynix Semiconductor Inc. plans to carry out a
self-rescue plan that will generate 1 trillion won (US$769.82 million) in
liquidity through restructuring efforts and the disposal of redundant assets,
head of the Korean chipmaker said Friday.

The company`s president Park Chong-sup said in a conference call with
institutional investors that the plant could include the selling off of
facilities to a Chinese company.

The move comes after managers of the world`s third largest memory chipmaker
agreed that creditors will not be able to provide the fresh funding needed to
keep the company afloat.

"We will take whatever action is needed to come up with at least 1 trillion
won, especially since creditors are having a hard time reaching a consensus
on the matter," he said.

He went on to say that with the 1.2 trillion won in facility upgrade
funding coming in from banks, and another 1 trillion won to be raised through
the issuance of new shares around January, about 1 trillion won in extra cash
raised by the company itself should allow it to overcome its current
difficulties.

Related to the possible Chinese deal, Park said that reviews were being
carried out on prospective buyers who have shown an interest in facility
management. Chinese interest, according to industry sources, centers around
memory chips but the Korean chip giant has said that it could also sell off
production lines related to non-memory products.

"Because China`s wafer manufacturing levels stand at 0.25-0.18 microns,
there is plenty of room for negotiations," the top executive said.

Korean companies like Hynix and Samsung Electronics Co. have been moving
into the 0.15 micron sector.

He expected that some sort of outline on an agreement should be reached
within six months, stressing that guidelines will be established so that any
conclusion will be beneficial to all parties.

In addition, he said that the facilities earmarked for possible sale would
not affect the company`s overall operations, and that the firm would look
favorably on the transfer of adequate technology.

Hynix officials said that any sell-off of chip manufacturing facilities
would have to be approved by the Ministry of Commerce, Industry and Energy,
but that at present they did not foresee any problems.

Meanwhile, the chipmaker said that moves by Micron Technologies to file an
anti-dumping suit against the Korean firm might not be easy to sustain in any
trade arbitration discussions because there were too many other variables to
be considered.

[Handbuch]

Sieht gar nicht so gut.

Hynix, the Korean Giant Chip, Is Ready to Seek a Buyer
By DON KIRK The New York Times


The technology slump has hit South Korea (news - web sites)`s semiconductor giants so hard that one, Hynix Semiconductor, said that it was ready to discuss selling its assets to any interested investor.


SEOUL, South Korea, Oct. 19 The technology slump has hit South Korea`s semiconductor giants so hard that one, Hynix Semiconductor, said today that it was ready to discuss selling its assets to any interested investor.

Hynix, the former Hyundai Electronics, reported the worst quarter in its 18-year history today, posting a net loss of $1.25 billion in the period ended Sept. 30. Total debt shot up to $6.6 billion at the end of the quarter, from $5 billion at the end of June; analysts, who had expected a somewhat smaller loss, said Hynix may now owe more than $8 billion.

Hynix, the third-largest semiconductor maker in the world, was founded in 1983 to compete with Samsung Electronics, now the No. 1 chip maker, across a wide range of electronic goods. (Micron is No. 2.)

Hynix said it was still in talks with its creditors, led by the Korea Exchange Bank, over a proposed $4 billion rescue plan including more than $1 billion in new credits. The creditor banks, which have assumed control of the company`s finances, said Hynix`s problems were eating into their profits, and that they were increasingly reluctant to bail it out.

"If you look at the amount of cash we`ve pumped in, it`s incredible," said Wilfred Horie, president of Korea First Bank. "We don`t see the chip business coming back any time soon."

Kim Seung Soo, a Hynix spokesman, confirmed that the company was negotiating with Chinese companies over a possible sale of its manufacturing operations, which might yield $1 billion or so. But Mr. Kim said the company would welcome other offers. "We are open to discussion with anyone who is willing to give us money," he said.

Hynix sold other divisions over the last year to focus almost exclusively on chip making. Samsung Electronics` semiconductor division is also suffering steep losses, analysts said, but Samsung counts on memory chips for less than one-third of its total sales. When Samsung reports third-quarter results on Monday, analysts expect its other operations, less hard hit, to yield a small overall profit.

Even so, James Chung, a spokesman for Samsung, acknowledged today that "some analysts worry whether Samsung Electronics also faces disaster."

Chip prices, already soft before the Sept. 11 terror attacks, have slumped since. Standard 64-megabyte dynamic random access memory chips, which sold for 95 cents apiece in early September, bring just 65 cents to 85 cents today, according to Lee Key Man, research manager of the Semiconductor Association of Korea; larger 128-megabyte chips have fallen to the $1-to-$1.25 range from $1.60, he said. Analysts speculated that Hynix had been cutting prices still further in an attempt to regain market share and buck up the confidence of creditors.

Mr. Kim of Hynix said the company`s share of the global chip market, once 17 percent to 18 percent, may have fallen to 15 percent, and it may no longer be No. 3 behind Samsung and Micron Technologies. But he said Hynix was still "in the Big Five," which also includes Infineon and Elpida Memory, formed when NEC and Hitachi of Japan combined their memory chip operations earlier this year.

[Handbuch]

Wednesday October 24, 7:21 am Eastern Time
Japan chipmakers mull DRAM chip dumping suit
(UPDATE: Adds background in paras 11, 13)

By Edmund Klamann

TOKYO, Oct 24 (Reuters) - Several Japanese chipmakers, facing huge losses in their chip operations, said on Wednesday they may file a complaint with the government charging foreign rivals with dumping dynamic random access memory (DRAM) chips in Japan.

``Looking at the current DRAM market, it is clear there is unfair pricing that runs counter to healthy market competition,`` said a spokesman for NEC Corp , Japan`s largest DRAM maker.


"Accordingly, we will in the future consider all
possibilities."
That included a dumping suit, he said.
Toshiba Corp and Mitsubishi Electric Corp

also said various options were being studied.
Spot prices for DRAM, used in personal computers, have crashed to barely one-tenth their value little more than a year ago, triggered by an abrupt slowdown globally in demand for PCs, and this has battered the bottom line of Japan`s big chipmakers.

None of the companies would identify who might be the target of a dumping suit, although South Korean producers are considered price leaders in the global DRAM market.

In an ironic twist on the U.S.-Japan trade wars of the 1980s, when Japan`s electronics conglomerates aggressively entered the DRAM market and forced out their American rivals, the Japanese are now reeling from intense price competition with Korean and Taiwanese producers.

SOUTH KOREANS SCEPTICAL

South Korea`s DRAM giants, however, took a sceptical view of the veiled threats from their Japanese rivals.

``We see a very slim possibility of Japanese firms raising a complaint against us as our memory chips are selling at the most expensive prices in the world,`` said Kevin Jong, a spokesman for Samsung Electronics Co Ltd , the world`s biggest DRAM maker.

``But if they file a suit, we will also take legal action.``

Samsung, along with number-four DRAM producer Infineon Technologies AG of Germany, has aggressively moved into high-end 256-megabit DRAM chips.

Also dismissive was Hynix Semiconductor Inc , the world`s third-largest DRAM maker, which has been kept alive despite heavy debts by creditor bailouts that left its Japanese competitors grumbling.

``It is more accurate to say plunging chip prices are attributable to the slowing global IT industry, not just to Korean chipmakers,`` Hynix said in a statement.

But dumping duties would certainly not be good news for all of Japan`s electronics manufacturers, including Sony Corp , maker of Vaio PCs and one of the the world`s biggest semiconductor consumers.

Analysts generally view the ascendance of the South Korean and Taiwanese producers as part of a natural process in commodity-grade chips, with many predicting China will eventually overtake the Koreans and Taiwanese.

``I think it`s really the aim of all companies eventually to move on to greener pastures,`` said Andrew Norwood, senior analyst with Gartner Dataquest`s semiconductor group, at a briefing for reporters last week.

POKER GAME

DRAMs account for more than half of the combined 344 billion yen ($2.81 billion) in operating losses that Japan`s five chipmaking conglomerates -- NEC, Toshiba, Hitachi Ltd , Mitsubishi Electric Corp and Fujitsu Ltd -- have forecast for their chip divisions in the year to next March. Analysts expect those numbers to grow even further.

Analysts have also heaped harsh criticism on the conglomerates for doing too little to restructure their DRAM and other chip operations.

Although the companies recently announced plans to cut thousands of jobs, close wafer processing lines and forge alliances in DRAM production, many analysts argued they should have either pulled out of DRAM completely, as Fujitsu has done, or invested more to ensure cost competitiveness.

NEC, Toshiba, Hitachi and Mitsubishi Electric have become second-tier DRAM producers, respectively ranking fifth, sixth, seventh and eighth in global market share, according to market researcher Gartner Dataquest.

NEC and Hitachi plan to combine their DRAM operations into a 50-50 joint venture, Elpida Memory, that they will eventually take public. Toshiba is in talks with Infineon that analysts expect will bring a merger of DRAM operations, with Toshiba taking a minority stake.

Gartner Dataquest`s Norwood said Elpida and Infineon both appeared strong candidates to survive the DRAM shake-out, but added that, in the meantime, ``it`s like playing a game of poker. The first one to walk away from the table loses.``

(Additional reporting by Kim Miyoung, Mitsuo Suzuki, Kunihiko Kichise)

[Handbuch]

Heute +5%, im Hoch sorgar +10%. Nur eine technsiche Reaktion auf die Verluste der letzten Tage?

[Handbuch]

Keiner mehr dabei. Wird langsam zu einem Monolog.

[robertos]

Subject : All Hynix Employees to Take One-Month Unpaid Leave

Seoul, Oct. 25 (Yonhap) -- Hynix Semiconductor Co. Thursday announced a
plan to have all its executives and employees take a one-month unpaid leave
by turns.

The company said the labor and management agreed to implement the unpaid
leave from Nov. 1 to March 31 next year in an effort to help relieve the
financial problems facing the company.

The extraordinary measure would have the same effect as to reduce 20
percent of the personnel at once and save the company about 30 percent of
personnel expenses, a company source said.

[Handbuch]

Zur Abwechslung mal was Positives:

Marktberichte Asien (Korea): Posco und Hynix stützen Korea

In Korea zeigte sich heute der Aktienmarkt in Korea beeindruckter von inländischen Meldungen als von den Zahlen zum US-Verbrauchervertrauen, die ein Rekordtief markierten.
Der Kospi stieg 0,7 Prozent auf 537,81 Stellen, der Hochtechnologieindex Kosdaq gewann 1,4 Prozent auf 62,55 Punkte.

Im Kospi 200 waren diesen Monat die Hyundai Mobis und die Anam Semiconductor die Werte, die die beste Leistung gezeigt haben, abgeschlagen als schlechteste Werte mussten sich die Pacific Corp., LG Cable und die LG Engineering & Construction präsentieren.

Absolutes Highlight war heute aber unbestritten Speicherchiphersteller Hynix Semiconductor, dessen Aktien 15% auf 1115 Won explodierten.
Große Hoffnungen wurden heute in das Treffen der Gläubiger gelegt, die das 6 Mrd. US$ schwere Rettungspaket nun doch schnüren wollen. Man meinte heute etwas Licht am Ende des Tunnels erkennen zu können.

Die Korea Exchange Bank, Hynix größter Gläubiger, schoss 4,4% auf 2265 Won nach oben, die Chohung Bank 2% auf 2055 Won.


Ein Aktienrückkaufplan ließ Stahlgigant Pohang Iron & Steel (893094), der ebenfalls kräftig zum Indexgewinn beitrug, 1,7% auf 89000 Won zulegen.
Posco gab bekannt einen 100 Mrd. Won schweren Fonds gründen zu wollen, um eigene Aktien, die in den letzten zwei Jahren 38% eingebrochen waren, zurückzukaufen.

Doch auch in Korea konnte man sich nicht der Hiobsbotschaft aus den USA entziehen und so fielen die Exporteure. Das US-Verbrauchervertrauen markierte den tiefsten Stand seit 7 ½ Jahren.
Speicherchipgigant Samsung (881823) gab 0,3% auf 173500 Won ab und Kia Motors fiel bittere 2,6% auf 8390 Won.

[Ronns]

Sorry, aber meiner Meinung nach stirbt Hynix von den grossen Herstellern im Falle einer harten Marktbereinigung als erstes. Samsung, Infineon, Micron scheiden als Pleitekandidaten vorerst aus da dort die finanziellen Reserven noch gross genug für die nächsten 1-2Jahre sind, offene Kreditlinien noch nicht mit einberechnet. Die Werke von Hynix sind grösstenteils veraltet. Hynix hat daher unter den 4 grössten Herstellern die mit Abstand höchsten Produktionskosten pro Chip und verbrennt deshalb mit jedem verkauften Chip weit mehr Geld als Infineon, Samsung oder Micron da ja im Momment alle Chipbuden mit jedem verkauften Chip Miese machen. Eine Fusion denke ich kommt daher, meiner Meinung nach nicht in Frage da es auf jeden Fall zu einem weltweiten Kapazitätsabbau bei der D-RAM-Fertigung kommen muss und ausserdem sehr viel Geld nötig wäre um die Hynix-Werke auf dass Level von z.B. Infineon-Dresden zu bringen. Ich denke Hynix kommt am besten wenn es 1/3 seiner Werke verkauft, ein weiteres drittel schliesst und sein Glück mit dem Rest und Krediten zur Moderniesierung versucht. Damit wäre etwas Kapazität verschwunden (gut für den Markt), Hynix hätte etwas Geld in der Tasche (gut für Hynix) und es hat vielleicht noch eine Überlebenschance.
Ich denke ich weiss von was ich rede, ich arbeite bei Infineon und bin, glaube ich, recht gut über den gegenwärtigen Stand im D-RAM-Geschäft informiert.