Total Access shares receive high ratings from most analysts
Article Abstract:
Thai investors rushed to buy shares of cellular telephone service provider Total Access Communication (TAC), which priced its initial public offering at $6.25 per share. TAC was listed at the Stock Exchange of Singapore to allow TAC's parent company UCOM Inc. to maintain 81% of its stake in TAC. The Stock Exchange of Bangkok would have required UCOM to sell more of its stake. Analysts give high ratings to TAC's shares due to strong demand and good market fundamentals.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Convertible bonds offer safety when stocks head south
Article Abstract:
Stock market analysts advise investors of taking convertible bonds over shares when investing in the Asian securities market due to the inherent stability of the instruments over pure equity instruments. Pure equity instruments are prone to be affected by the volatile Asian market. The case of Bangkok Bank and Pilipino Telephone are cases in point, wherein the prices of the companies stock fell but the value of their respective convertible bonds remained stable.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Analysts pluck bargains out of Thai finance sector
Article Abstract:
Investors looking for bargains should take a close look at Thailand's finance companies. The heavily battered sector may offer some good buys following its continued decline after peaking in Aug. 1994. Fund managers say the finance sector cannot go down much further after plunging to the lowest levels. The Stock Exchange of Thailand Finance & Securities Index has dropped by 45% from its Aug. 1994 level and has declined by 25% since 1995.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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