Taiwan's building recovery: construction-materials concerns get fresh boost

Article Abstract:

Taiwanese construction materials companies are expected to gain from the expected boom in construction materials requirements of the country brought about by typhoon Winnie. Hocheng Corp, Tung Ho Steel and Yungtay Engineering are expected to recover from the recent drops in share prices. Hung Poo Construction Corp shares meanwhile, are expected to drop further as government scrutiny regarding the safety of its projects may prompt investors to sell shares.

Author: Flannery, Russell
Taiwan, Construction industry, Hocheng Corp., Tung Ho Steel Enterprise Corp., Yungtay Engineering Company Ltd., Hung Poo construction Corp

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Companion Building stock looks poised for rebound

Article Abstract:

Analysts believe that Companion Building Material (Holdings) Ltd. shares are in for a recovery after an extended decline. They believe that Companion Building Material shares are undervalued at 4.4 times per-share earnings for the year ended Mar. 31, 1995. The pickup in the Hong Kong property market and recent trading activity are also expected to have a positive impact on the company.

Author: Webb, Sara
Building materials industry, Hong Kong, Companion Building Material (Holdings) Ltd.

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Subjects list: Building materials, Securities
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