Coy Unilever Indonesia could be poised for sharp gains
Article Abstract:
Unilever Indonesia is hypothesized to be making a move at improving its share prices in the Indonesian stock exchange in preparation for a major acquisition. According to analysts, one sign that Unilever is planning a move is its friendly stance toward investors and analysts, a contrast to its early years in Indonesia. While company officials deny any immediate plans for an acquisition, in the same breath, they acknowledged that Unilever is always looking for growth opportunities. The prospect of the firm conducting a stock split has made investors eager in acquiring the company's stocks.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Jakarta stocks draw praise; analysts see good prospects after recent surge
Article Abstract:
Stock analysts advise investors to take advantage of the rally in the Indonesian stock market, which saw the main index posting a 12% gain on Jun 8, 1999 as the peaceful general elections spurred a stock buying frenzy. Some investors who purchased earlier in 1999 at lower prices disposed of their shares to ensure profits. Although this selling could push down the market for a month or two, analysts believe longer-term investors can still acquire shares at current levels, particularly mid-cap and small-cap stocks, and still expect good gains in the next six to 12 months.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
First Pacific stirs optimism
Article Abstract:
First Pacific Co. may be undervalued according to analysts watching investors' reaction to the overseas assets of Liem Sioe Liong. A close ally of Indonesian President Suharto, Liem is chairman of the Salim Group, which owns the Hong Kong firm First Pacific. Shares of the cash-rich firm, where the Salim family and associates have a 53% stake, have been battered in the aftermath of the Indonesian turmoil. Investors were wary that First Pacific may be pressured into using its cash to bail out Salim Group by buying a stake in the major food business.
Comment:
May be undervalued according to analysts watching investors' reaction to the overseas assets of Liem Sioe Liong
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Universal banks; the need for corporate renewal. Scale versus specialization: banking strategies after the euro
- Abstracts: A hierarchical elimination modeling approach for market structure analysis. A perceptual mapping procedure for analysis of proximity data to determine common and unique product-market structures
- Abstracts: Valeo to buy parts unit of ITT Industries in U.S. Pernod weighs selling Yoo-Hoo after it unlods Orangina brand
- Abstracts: Saab to spend $156.1 million to boost capacity. Volkswagen, Volvo begin talks on ties that may lead to merger
- Abstracts: News Corp. seeks stakes in Kirch, Italian TV unit. Bertelsmann rejects pay-TV compromise. Bertelsmann, Kirch deal faces EU rejection