Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Polartee who wrote (619)	1/9/1998 9:26:00 AM
From: Thomas Haegin	Respond to of 9980

The only reason I can think of why some closed-end SEA (or other) country funds have/deserve a premium is that the markets are somehow restricted to foreign investors (which is inherently bad). In any case, I do follow the Thai Capital Fund (TC) and I'm completely at a loss why anybody is willing to pay a premium for them. After all, I think it's possible for foreigners to open accounts Bankok Bank and buy shares in their market?? I'm long TRF: This one has a premium since I can think of (1yr plus), but at least the Moscow market did investors some good (not recently though), but Thailand?? Funnyly a similar Eastern Europe fund from Morgan Stanley (RNE) spots a discount!! It's quite strange. Thomas