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


To: peter michaelson who wrote (1641)1/27/1998 5:57:00 PM
From: Stitch  Respond to of 9980
 
Peter ;
i><<I eagerly await a better explanation and refer readers to www.icefi.com for more discussion.>>

Thanks for the above captioned URL. Its a very good explanation of CEFs which, to date, I have not used as an investment vehicle. At least it has helped me to understand some of the movement I have seen in those that I watched in the past and didn't quite understand. I repost it here in link form for others who may be curious or equally uninformed as I was.

icifi.com

Best,
Stitch



To: peter michaelson who wrote (1641)1/27/1998 8:59:00 PM
From: Derrick P.  Read Replies (3) | Respond to of 9980
 
Peter,
Hey I agree with you. I didn't say it was logical, I just tried to explain why it might exist. You also added many good reasons, (not justifications).

Looking over the Thai ADRs I noticed that there were none for Thai banks as I mistakenly mentioned. I do have an international broker who was suggesting buying them directly though. I believe the commission scared me off.

Does anyone have thoughts on Shinawatra Computer & Communications PLC which is available as an ADR, SHWCY ? It was recommended by Vivian Lewis, a newsletter writer, a few years ago when I subscribed.

I appoligize if I am distorting this wonderfully global thread in an American direction, as certainly these problems of ADRs and CEFs do not apply to all.

To all who expressed appreciation for the links, you are most welcome. Glad to be able to give something back to this thread.

Best Regards

Derrick

PS: Now if I can just get Zeev to do some TA for us!