INDONESIA'S PT TELECOM(TLK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 21.16

+2.2%

11:31 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Susan Saline who wrote (702)	6/15/1998 9:46:00 AM
From: Rajiv	Read Replies (1) of 947

Susan, The trading in Jakarta is in the local currency. The rupiah has gone down from 13900 to 14500. If something trades at x rupiah and remains unchanged; in dollar terms it has gone down. (x/14500) is the new dollar value (x/13900) is the old dollar value. (x/14500) < (x/13900) The rupiah is in a free fall. So you can expect the TLK ADRs to go down even more. Going long on Indonesia is like catching a falling knife. Regards. Rajiv

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next