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Technology Stocks : YZC - Yanzhou Coal Mining - IPO priced at $15.75
YZC 8.1700.0%Jul 10 4:00 PM EDT

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To: Wizard who wrote (4)7/19/1998 3:39:00 PM
From: Cymeed   of 8
 
<<< Can't find much activity in the news community to justify the move one way or the other.??? >>>

They sell coals to Japan. When the Japan econmy is in such a big trouble and the currency is so low, there is no need for further news for this stock to go down. Besides, the whole H-share sector is badly lagging during the last few months, even in Hong Kong.

Question is, when will this be a value buy ? Does anybody has a balance sheet of YZC ? Please post here if u do. I'd like to know their book value, and expected revenues with the devalued Yen and hiked governmental export rebate, etc.
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