Thread: Kia to Dissapear in 2011 (speculation)

normally look at stocks to get a better idea as to sentiment for what a business is doing and/or not doing and most especially when company isn't on board with sec , and think i get why article is saying "good-bye" by 2011 (that is unless kia comes out with something else to spike more of a long term interest)...

according to a little work over at the otcbb.com

toyota outstanding share count = 1,568,003,322 -- current stock price = $68.57 (even with all the trouble) -- 52 week high= $91.97--- 52 week low = $68.05 -- 1.09 mil traded today

honda o/s = 1,814,602,736 -- current stock price = $28.75 -- 52 week high= $37.23--- 52 week low = $25.00 -- 1.19 mil traded today

kia o/s = 393,024,505 -- current stock price = $23.00 -- -- 52 week high = $23.00 -- 52 week low = $15.70 --- 0 traded today >>> last trade was 4/12/10

came back to throw in

hyundai o/s = 220,276,479 (less than ^^ who recently added more to probably cover some debt) -- current stock price = $66.60 --- 52 week high = $66.60 -- 52 week low = $66.60 --- 0 traded today >>> last trade was 7/24/09 (so sentiment for both is flat )

Best-Ever June Sales Led by the 2011 Sorento CUV

IRVINE, Calif., July 1 /PRNewswire/ -- Kia Motors America (KMA) today announced its best sales quarter ever of 93,373 units, bolstered by the company's best June sales ever of 31,906 units, a 12.8-percent increase over the previous June best in 2008. Year-to-date sales of 170,069 are up 15.4-percent, and the 2011 Sorento CUV was KMA's best-selling vehicle for the sixth consecutive month with 8,608 units sold.

http://www.prnewswire.com/news-relea...-97593469.html

Well if you looked at the rest of their predictions, around 66% were incorrect. Blockbuster went bust, and a couple of others, but the rest are alive and well in 2013.

'pini

It's interesting to visit this older post. It's January 2, 2013 and Kia is doing fine. TPH

Across the board, the Kia brand is selling like hotcakes here in FL. They're EVERYWHERE!
There are at least six Kia dealers within easy driving distance of me.
Some are multi-brand dealers, but many like mine are exclusive KIA dealerships.

The ones that advertise on TV and doing great. They can't keep the Souls in stock.
They are sold as fast as they can get them off the truck.
Ya jus gotta luv those Hamsters!

Mine had only been at the dealership for one day, when I bought it.

NO! Kia USA is not going under, anytime soon!

Suzuki USA however did not advertise and they just filed for Bankruptcy, and it's reported that they are closing
over 200 dealerships, in addition to those that have already closed.

Happy 2013 Everyone!
TM