Some pros hail a bargain after falls at Steady Safe
Article Abstract:
Steady Safe's stock price went down by more than 30% after an anonymous letter was sent to stockmarket regulator Bapepam accusing Steady Safe's owner, Jopie Widjaja of falsifying company accounts and using corporate loans for other purposes. Another development that worked to discredit Widjaja was the delay in the introduction of 1,000 buses that he promised to add to his fleet. The share went down from 3,300 rupiah on Feb. 17, 1997 to 2,000 on Apr. 17, 1997.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Buybacks in Japan decline: fall may bode ill for share prices, analysts say
Article Abstract:
The number of share buybacks by Japanese companies has declined significantly in September 1998 that analysts are starting to question the committment of companies to their respective buyback programs. Analysts report that the decline could signal that companies are not that serious to catering to the needs of their investors and could mean that fundamentals of company buyback programs may not have been there even at the beginning.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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