Malaysia's TRI faces big competition, leaving share analysts split on stock
Article Abstract:
Analysts have conflicting views on the future performance of Technology Resources Industries Bhd's stock. Some believe that fierce competition in the Malaysian cellular telephone services market will force the company to reduce prices to gain market share while others are confident that it will retain its position as market leader. Meanwhile, Deutsche Telekom has purchased a 10% stake in Technology Resources at $3.70 per share.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Smart's IPO is faulted on price amid bearish sentiment
Article Abstract:
Philippines-based Smart Communications' proposed initial public offering (IPO), worth some $165 million, is criticized for the company's stock valuation and its prospects. Smart's IPO is further troubled by the fact that the Philippine market is not attracting overseas investments as currency chaos is burdening the country. Analysts claim the company's indicated per-share price range of 12 pesos to 20 pesos is steep.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Rising competition keeps investors away from TRI
Article Abstract:
Malaysia's Technology Resources Industries (TRI) has been hard-hit by concerns about the leaner prospects faced by the cellular telephone services industry. The company's stock has seen its price tumbling down by more than 40% since Sep. 1994, with its current price of 6.95 Malaysian dollars lower by 20% from its peak 1995 price. Stock market analysts have been cautioning investors against buying TRI shares.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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