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Strategies & Market Trends : Asia Forum

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To: hui zhou who wrote (9632)	5/8/2000 3:13:00 AM
From: CIMA	of 9980

ASTV - The ties to Li Kai-Shing (one of the richest people in the world) are very close. The half-brother of the President of ASTV runs New World Development (I believe this is the largest company in China?). One of the ASTV Directors helped bail out Donald Trump when he had his problems a few years back with his real estate holdings. The relationships with the government in Beijing government are second to none. China is apparently going to be accepted into the WTO in the next few weeks (relighting the China stock frenzy of several months ago?). ASTV was the first Chinese company to be accepted on any stock exchange in the United States after the 1997 reunion of Hong Kong with China. The wealth and power in this company are enormous. In typical Chinese style they are low-key and have quietly put things in place to build a powerhouse in the months and years to come. I expect a spin-off into the European markets, at the minimum a listing on the NASDAQ small-cap (they prefer the national board) and a dual listing on the Hang Seng within the next year. They have ties to major brokerages around the world and will soon "come out of the closet" so-to-speak. In the next eight weeks or so a minimum of four press releases are expected, the last of which should attract worldwide attention. It was put into perspective for me in this manner - There are 1.3 billion people in China. If each person in China spent $1.00 per day on an essential service that would create revenues of $39 Billion dollars per month. Reduce that figure to 10% to be extremely conservative, the % is much higher in all developed countries in the world, that still leaves $3.9 Billion dollars per month. This is potentially what will happen to ASTV. There are only 16 million shares out and around 1.3 million in the public float. In all seriousness potential share prices in the 100's of dollars were talked about. I hold a sizable investment (for me) in this company. I am not an investment advisor and am not professionally qualified to make recommendations. But I do have three university degrees and have done business internationally for two decades. If this all pans out I've never seen a better opportunity. I've told my family and many of my best friends to make sure they have a piece in their retirement plans. It's a virtual no-lose situation at these levels IMO and I felt compelled to alert you to what I perceive as a very rare opportunity over the near and long term.

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