More shareholders are becoming wary of IPC's penchant for rapid expansion
Article Abstract:
Shareholders of IPC Corp., the biggest computer company in Singapore, have been selling off their stocks, depressing prices to 83.5 Singapore cents per share which is way below its S$2.17 peak in 1994. The selloff is attributed to a growing wariness among investors of the company's rapid expansion and partly to the diminishing appeal of high-tech stocks in the Singapore stock market after the depreciation of the US dollar.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Acer's Singapore spinoff offers investors an indirect link to Taiwan
Article Abstract:
Acer Computer International's (ACI) listing in the Singaporean stock market is part of the company's plan to spin off more than 20 subsidiaries. ACI is one of the top 10 personal computer companies in the US and ranks seventh in the international market in 1994. The company boasts of 1994 net profit amounting to $18.2 million. ACI stocks were offered at $1.40 per share during the initial public offering.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Analysts say falling shares of IPC don't compute
Article Abstract:
Analysts are discouraging investors from putting their money in Singapore-based IPC Corp. They believe that there is still no end in sight for the steady decline of the company's share price and that the prospects for the future remain uncertain. Even the most optimistic predictions do not see IPC making any recovery within the next six months.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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