SES's premium for AsiaSat shouldn't sway investors; $372 million agreement does improve Asian telecom's growth prospects, analysts concede
Article Abstract:
Individual investors should not follow Societe Europeenne des Satellites' (SES) lead in acquiring a stake in Asia Satellite Telecommunications Holdings. SES paid a hefty sum by agreeing to pay HK$19.25 for every share of one-third of AsiaSat. Citic Pacific bought shares for HK$13.20 which Cable and Wireless and Hutchison Whampoa said was just right for one of the major shareholders of Asiasat.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Phoenix needs time to rise
Article Abstract:
Phoenix Satellite Television Holdings Ltd.'s stock price dropped below Hong Kong$1 (13 U.S. cents) for the first time in early September and was trading at about 87 Hong Kong cents on the Hong Kong stock exchange last week. The article provides more financial analysis of the company.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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High-Priced TVB Selects a Prime Channel for Growth. Satellite Television Holds Promise for Broadcaster; Analysts Predict Stock Will Rise to New Heights
Article Abstract:
Television Broadcasts Ltd. is one of Hong Kong's most expensive stocks, and is thought to be interested in satellite television services, which should add to the value of the company's stock.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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