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Strategies & Market Trends
WEBS MALAYSIA (AMEX:EWM)
An SI Board Since October 1998
Posts SubjectMarks Bans
33 3 0
Emcee:  Rational Type:  Unmoderated
With a NAV of $2.87 (Try ^inm on quote.yahoo.com), market price of $2.00 per share as of October 12, 1998, EWM became, for all practical purposes, a closed-end fund after Malaysian currency and capital controls were introduced on September 1, 1998. This fund is based on KLSE index. A comparable closed-end Malaysian Fund (NYSE:MF) is trading at about 90% premium. EWM was an open-end fund before currency controls were introduced. Simply because EWM became a close-end fund after the controls should not make the market so irrational as to trade it at a hefty discount, while another fund MF subjected to the same controls is trading at a substantial premium. Explore yourself!!! Call 1-800-810-WEBS to talk to a specialist.
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33 While EWM is publicly traded in good volumes, and thus affords most individualsBob Rudd-5/26/1999
32 None whatsoever although I am out of EWM for now. It is traded on the US exchamargaret foley-5/26/1999
31 You seemed to have traded EWM. Isn't there some restrictions on taking proGary Low-5/25/1999
30 From Individual Investor Premium customers can access entire article This news margaret foley-5/5/1999
29 Bob, I don't have that impression but I was looking at the webs again anmargaret foley-5/5/1999
28 Please don't get the impression that I'm an expert on the region or MalBob Rudd-5/5/1999
27 Malaysian ADR Update messages.yahoo.commargaret foley-5/4/1999
26 EWM did well today! Glad I read your posts!margaret foley-5/3/1999
25 Article on submerging economies shaping up and China comment. dailynews.yahoo.margaret foley-5/1/1999
24 News on EWM biz.yahoo.commargaret foley-4/30/1999
23 OK! Go EWM!margaret foley-4/29/1999
22 OT Not looking at China...other than potential to affect Malaysia and region thBob Rudd-4/29/1999
21 OT China? Bob, What stocks or china funds or instruments are you looking atmargaret foley-4/29/1999
20 China: My simplistic reasoning on this is that if their currency is competitiveBob Rudd-4/29/1999
19 bob, Thanks for your response. Malaysia seemed to be doing a great job in edmargaret foley-4/29/1999
18 Margaret: That link didn't work. EWM is only one I hold. On the plane todayBob Rudd-4/28/1999
17 5 1/4!!!!! Thanks for pointing that out! Have you any thoughts on this web? margaret foley-4/28/1999
16 Margaret: If you bought EWM for 7 1/4 there's a very happy seller out thereBob Rudd-4/28/1999
15 Bought yesterday @ 7 1/4. Today it closed @ 7 3/4? Time to sell? Wonder if margaret foley-4/27/1999
14 <<Who can buy into this?>> Anybody..trades under symbol EWM <Bob Rudd-4/13/1999
13 Who can buy into this? Is it on the move again? WEBNATURAL-4/12/1999
12 EWM exchange rate valuation base changes: biz.yahoo.comBob Rudd-4/1/1999
11 Dow Jones Newswires -- October 16, 1998 Malaysia's Bank Rational-10/16/1998
10 You're right, Rational. It is odd that EWM has decided to under-value theipeter michaelson-10/16/1998
9 Peter: Potential reasons for EWM trading lower (in my view) are: 1. Inertia;Rational-10/16/1998
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