Analysts bank on colony's Dao Heng
Article Abstract:
Investment analysts are taking an interested look at Hong Kong's Dao Heng Bank Ltd. (Dao Heng) because it offers high growth and better protection from increasing interest rates. They also believe that the company's share price is a bargain at $2.35, some nine times of the consensus forecast of 1995 per-share earnings. Many believe that Dao Heng's less-than-satisfactory performance in recent months can be attributed to an inherent weakness in the banking sector and not in the stock itself.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Investors in Thailand may find bank stocks attractive
Article Abstract:
Thailand's bank stocks are expected to soar high as the central bank continues to unleash foreign liquidity. These will be reinforced by an impending International Monetary Fund (IMF) package aimed to strengthen Thailand's banking system. By now, only Bangkok PCL and Thai Farmers Bank PCL are offering less-risks foreign investments. Analysts see slimmer chances for small banks like the Bank of Asia to withstand an IMF tight monetary and fiscal policies.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Malaysia bank sector ripe for picking, experts say
Article Abstract:
Many analysts agree that Malaysian banks are a particularly good buy today. Fund managers state that Malaysian blue-chip banks have been oversold in recent months and that there are strong indications that the retreat of the market is in its final stages. They stress that these banks offer investors many opportunities in view of their strength and Malaysia's solid regulatory environment.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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