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To:
nonzeroa
who wrote (
917
)
1/15/1998 1:14:00 PM
From:
Jyoti sharma
Read Replies (2)
|
Respond to
of 9980
Nonzeroa,
There are three Korean ADR's listed on NYSE. SKM, KEP, PKX all three trade at a premium of over 100% over their Korean market price.
Good luck
Jyoti
To:
nonzeroa
who wrote (
917
)
1/15/1998 6:47:00 PM
From:
Thomas Haegin
Read Replies (1)
|
Respond to
of 9980
TIA and all, you'll love me, I hope <g>: the best site I know for this kind of stuff is the following:
global-investor.com
Take some time to explore it, Thomas
To:
nonzeroa
who wrote (
917
)
1/16/1998 8:51:00 AM
From:
Worswick
Respond to
of 9980
Probably some one will have answered you already NONZEROA.
There are three Korean ADR's that trade in the US. Given the closed Korean market, soon to be opened, the ADR's trade at a premium to the underlying Korean shares. As of Tuesday (Jan. 13) the shares are premiums are PKX 148% premium: SKM 135% premium: and, KEP 82% premium. They are a steel company, a phone company and an electric company. The premiums, as I said, are expected to disappear when the market in Korea is opend later in the year.
More hits to MAKOX and KF
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