Max India shares possess big potential, analysts say
Article Abstract:
Max India's stock value fell to 236 rupees per share on Jan. 12, 1996, marking a 40.3% decline from its highest value in Aug. 16, 1995. Despite the significant decline in its stock value, many fund managers are optimistic about Max India's profitability. They stressed that Max India' stocks are undervalued because of India's accounting standards, which do not allow for the consolidation of earnings after the conclusion of joint ventures. They added that Max India's stocks could rise by as much as 12 rupees per share at the end of the FY 1995, which ends on Mar. 31, 1996.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Asian telecommunications stocks still out of favor
Article Abstract:
Asian telecommunications stocks continue to dissuade investors in 1997 although the stocks are 25% cheaper than 1996 levels. However, the shares of several Asian basic telecom service providers have surpassed the cellular and international call sectors. Rising intense rivalry, declining international call charges and potential regulatory amendments all encumber the cellular and international call industry.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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The bloom isn't off KMT despite gains, analysts say
Article Abstract:
Some analysts believe that investors should retain their holdings in Korea Mobile Telecom (KMT). Despite some negative factors, the fact remains that KMT is the cheapest cellular-telephone stock in the region measured on a cash-flow basis. Although the Korean government's decision to deregulate the industry will end the monopoly enjoyed by the company, it retains a strong position in the market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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