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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (18711)6/26/1998 8:11:00 AM
From: SBerglowe  Read Replies (1) | Respond to of 50167
 
I appreciate your ongoing market analysis. What would be a reasonable takeover target price for Coms in your opinion?



To: IQBAL LATIF who wrote (18711)6/27/1998 12:31:00 AM
From: IQBAL LATIF  Respond to of 50167
 
HongKong big bussiness is repatriating big dollars back home, it is expected that 13 billion $'s will be transferred this is representative of new strength and confidence in HongKong, on the other hand inability of 'vandals' to exact a crippling blow to Yuan the Chinese currency has instigated a heated debate amongst economist who believe that a fully convertible currecny is an accident waintin to happen, according to reports China limited convertibility has left speculators dumbfounded as they well realise that although the economic fundamentals of China are no better than Indonesia but they cannot borrow enough yuan to short.

I will tend to agree to the these press reports and I would expect that this is a good reason for us to partially start buliding atleast a 10% position for long haul in ASEA. I think ASingapore and HSI will be the best performing markets.