저자: LiLu—영상발언자미상 · 외국인
요약 보기
결론: 영상은 Li Lu·버핏의 BYD 투자 사례를 통해 저평가 자산 발굴과 장기 보유의 중요성을 설명하며, 특정 종목의 향후 가격 방향에 대한 예측은 제시하지 않음. 현대차 투자 사례: Li Lu는 2004년 현대차를 주당 약 12달러에 매수. 당시 시가총액 약 6,500만 달러, 순이익 약 2,700만 달러로 PER 약 2배, PBR 약 0.27배라고 설명. 자산 가치 분석: 유동자산 약 7억 달러 중 현금성·유가증권 등을 고려하면 부채 없이 다른 기업 지분(약 1,300만 달러 상당, 13% 지분 기준 약 7,800만 달러) 및 호텔 자산(약 3,000만 달러, 이후 재평가 시 약 1억 달러 추가 가치)을 보유했다고 평가. 지배구조 리스크: 한국 이사회 구조가 미국과 달라 소액주주에게 우호적이지 않다는 점을 인지했으나, Li Lu는 이를 큰 문제로 보지 않았고 매수 가격이 매우 낮다고 판단. 이후 주가가 12달러에서 100달러 수준까지 상승할 수 있었다고 언급. BYD 투자 사례: Li Lu와 버핏은 2008년 BYD에 투자. 버핏은 홍콩달러 8달러(약 1달러), Li Lu는 2002~2004년경 약 3홍콩달러(약 0.38달러)에 매수한 것으로 소개. 밸류에이션 비교: 2008년 BYD IPO 당시 PER 약 6~7배, PBR 약 2배 수준으로 Li Lu 매수가는 비교적 저렴했고, 버핏 매수가는 PER 약 9배, PBR 약 1배 수준이라고 설명. BYD 사업 변화: 휴대폰용 리튬이온 배터리 시장 점유율 약 50%에서 출발해 2003년 자동차 부문 진출, 2008~2009년 전자 사업 확장. 최근 10년간 매출 고성장 및 ROE 약 16%(2022년) 언급. 리스크: BYD 주가는 버핏 매수 후 약 10배 상승했다가 1년 뒤 매수가 수준으로 하락하는 등 큰 변동성을 겪음. 장기 보유의 어려움 강조. 포트폴리오 참고: 13F 보고서 기반 Roma data를 언급하며 Li Lu, 버핏 등 대형 투자자의 미국 주식 보유 현황 확인 방법을 소개. 출연자 전망: 영상은 대상 자산의 1~3개월 가격 방향에 대한 예측 발언이 없음. 과거 투자 사례 설명 위주.
다듬은 글
This is part 2 of Lilu's investment story if you haven't watched it you can watch part 1 by clicking the link above well investing in Korea in 2006 then giving a seminar on the University column where he told about his investment in Korean companies National Lilu found this stock by reading the standard and purse investment manual then bought Hyundai for 1,200 watts or 12 Dollars in 2004 the total market cap of Hyundai Store is 65 million Dollars with a profit of around 27 Million so pirasu is only two times there is a game Store also has a book value of 240 million so PBB is around 0.27 times Well so there are several things that then found from analyzing he can restore Oh yes remember Lilu's purchase price was when the market caps were 65 million yes So there are 7 longitudes of current assets consisting of typical and typically then there are 180 million Well 30 million of which are hotels which Lilu considers the hot is worth higher than its current acquisition price Well they also have 13% of another depositor which is recorded at around 13 million is around 600 million dollars So actually 13% of 16 million is about 78 million dollars then they also have several cable companies and real state So the conclusion Lilu paid 65 million dollars in the company there are 70 million no debt then there are 78 million dollars in shares of other companies and also 30 million hotels that have not been evaluated for the past 10 years even though the property market in Korea at that time was very smooth then checked the property market around the property of Hyundai Department Motor and found that the value of the property owned was already 3-4 times higher so there was an additional value of around 100 million dollars from the Real value of the hotel assets So Lilu got assets of 200-3 million in total which generated a profit of 30 dollars and only had to pay 65 million dollars for all of that, it's very cheap, is n't it, catfish, don't know that the board of directors in Korea can be different from America and not a friendly button for investors actually after finding out Lilo concluded that this is not a big problem or the purchase price is also very cheap the unit share price can go up from 12 dollars to 100 dollars a year after that from this investment we learn company with good shading then just curious about the hidden assets and estimate how much the value is investing in byd then investing in byd shares around 2002 to 2004 When they ipop this transformed from lithium battery companies for mobile phones into electrical companies in China candle gave password through the angel investment company owned by Lilu who managed and invested charlinggar sambiway in still being hauled by Lilu and recently just sold with a minimum profit we calculated around 57 times more in 2008 Lilu told about sambiwade to charlic Manggar and also worlband browser or that bought 10% of sandi in September 2008 at a price of 8 Hong Kong dollars by shares rose 10 times 4 2 years after the buffet election to 80 Hong Kong dollars then a year later biodie fell back to their purchase price at 8 Hong Kong dollars investment journey in bio wedding is not easy, just imagine, it's already floating profit 10x4 lo the price returns to the starting point, isn't it stressful, well, ordinary investors may have Cursing, yes, feeling a loss of time, regret Why is there no profit above as if they can guess the peak point of Buffet and Manggar, it's not like that, so is Lilu We can learn a lot from this story, what is seen by Lilu Buffet and Manggar Why do they dare to buy and hold for years that they can still hold when the stock price drops so drastically so BB was founded in 95 by my master's money who is still the CEO of BYD so this operator, yes, so initially, Biodie had a lithium battery procedure for cellphones with a market share of 50% globally, if you have a Nokia or Motorola cellphone in the past, yes, in the past, you will see the battery, it could be the brand, it is a lithium ion battery for cellphones in 2003 Biodie started trying the automotive sector Try their photo, IPO, yes, then in 2008 to 2009 they entered the electronic business, went to armed with long experience in lithium battery production, so there was an expansion to a new market, to a new segment, and also this new product was enough to boost growth extraordinarily in the next 10 years, it can be seen From the graph below, the extraordinary revenue growth in 20 years and quite good returns, there were indeed several periods when heroe dropped certificates such as in 2011 to 2014 in 2022 the ROE was around 16% this significant increase was also conveyed because sales continued to increase from year to year in 2008 when buffer and mager entered sambiway at 8 Hong Kong dollars or around 1 US Dollar, the ipsby the previous year was 0.11 US Dollars So the turquoise is quite cheap, around 9 times you might have entered first at around 3 Hong Kong dollars or around 0.38 US dollars at that time the ips were around 0.05 to 0.06 USD, around 6-7 times if we look at the purchase price then it reached the dream twice while the purchase of buffet in 2008 tells the pbv one time, in essence both purchases of buffet and Lilu do not look too expensive Lilu bought at a price of 3 Hong Kong dollars equivalent to a pe of 6-7 times and pbv twice buffet even though it bought it at 8 Hong Kong dollars yes three times above the price Lilu is still pe 9 times and pbv 1x the reason why Bud can grow this big is because their electric car products are selling well in China even their electric car products have far exceeded battery sales which are the initial products of byd so from this bioai investment initially from a dominant company in the cellphone battery industry and managed by the visionary owner named tuanku thanks to experience in the battery industry biodie trying to enter the electric car business B2 already knows a lot about making lithium batteries needed to make eyeliner they do it well even though buffer and Lilu make a big profit from the investment in the timeline is also quite long even not or big profits still a week two months or maybe in a year but for years they experience ABS which is certainly not easy for most of us well what about the portfolio now we can see the data from a website called Roma data the contents are Porto contents from many big investors like Lilu cari Manggar and others but in Roma data this is only a summary from Porto on investors who have ownership in American stocks yes the source is from the thirteen F report which is routinely reported to the EC If it's like Lilu has This sambiwa is in the Stock Exchange season so I didn't write it here, so that's the story of candles in investing, hopefully it's useful, see you in the next video
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