Thailand & Korea bottoming out? Message Board

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Strategies & Market Trends : Thailand & Korea bottoming out?

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To: Tom who wrote (3)	5/28/1997 3:59:00 AM
From: Spekulatius	of 26

Thai Farmers is undervalued, but the shares seem to trade at a premium compared to the price in the SET stockmarket. The quote in Thailand is about 100 baht (=4$). The price here in germany has been about 4,9$. Fundamentally, with earnings of about 14,8 baht/sh, TFB is very cheap. Because I do not like to pay premiums, i think about investing in a open country fund for the long term.

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