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


To: Duke who wrote (1644)1/28/1998 3:42:00 AM
From: tom  Read Replies (1) | Respond to of 9980
 
Yo Duke

TLK does seem to trade a bit like an Asian Country Fund (ie at a big premium to fair value) which is fair I guess given the lack of alternatives. I just think that the fundamentals for the company are lousy and its trading on 30x earnings blah blah blah you know the rest.

Please just read the news though. Nomura broker was robbed and killed yesterday, there are hundreds of lootings and riots going on as we speak and the country is still bankrupt. Please if you know how they can get out of this one (with or without Suharto).

Indonesia is the most fantastic country I have ever visited. The women are the most beautiful in the world :-) If I sound angry with the place it is because I wanted to base my career in Indonesia and now it looks like I might have to wait a few years before I can do that