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Strategies & Market Trends : GSH - Guangshen Railway - NYSE adr's - a steal under $20 -- Ignore unavailable to you. Want to Upgrade?


To: Futurist who wrote (58)2/4/1999 9:36:00 AM
From: ROBROY  Read Replies (1) | Respond to of 71
 
Futurist...............it's good to see some transparency at last with GSH.Caught the article yesterday.

I quote a bloomberg report. "Shanghai,Dec. 4 [bloomberg]....GSH warned of lower 1998 profits,surprising the market by disclosing that the Chinese Government as long ago as June ended a preferential policy that allowed it to charge minimum freight rates...etc etc......."

Dec 4..........was Dec4/98 and GSH sat on the news for six months.

Six analysts give it a neutral/accummulate rating with ABN-AMRO issuing a 'sell' order.

I didn't realize there were so many R/R's.

R.