[ Thai Stock Market | U.S. Stock Market | Other ADR's | Thailand Stock Exchange ]
[ Table
of Contents | Advertising |
Submit URL |
Shopping |
E-Mail |
Home ]
[How to make
Site-By-Site ! your homepage]
ADR Daily Report (Yahoo Finance) | The Market Mavens Report: Global Markets
| Issue | CUSIP | Exchange | Symbol | Ratio* | Industry | |
| ADVANCED INFO SERVICE PLC | 00753G103 | OTC | AVIFY | 1: | 1 | TEL |
| ASIA FIBER COMPANY LIMITED | 044903201 | OTC | ASFBY | 1: | 2 | TEX |
| CHAROEN POKPHAND FEEDMILL CO., LTD. | 160904207 | OTC | CPOKY | 1: | 4 | FOD |
| DELTA ELECTRONICS PCL | 24762N107 | OTC | DLETY | 1: | 2 | EEI |
| HANA MICROELECTRONICS PLC | 409638103 | OTC | HANAY | 1: | 2 | CLE |
| JASMINE INTERNATIONAL PLC | 47116Q104 | OTC | JASMY | 1: | 10 | TEL |
| PAE (THAILAND) PCL | 695454108 | OTC | PATFY | 1: | 10 | CST |
| SHINAWATRA COMPUTER & COMMUNICATIONS PLC | 824557102 | OTC | SHWCY | 2: | 1 | TEL |
| SHINAWATRA SATELLITE PUBLIC CO. LIMITED | 824560106 | OTC | SHTFY | 1: | 4 | TEL |
| SWEDISH MOTORS CORPORATION PUBLIC CO LTD | 870318102 | OTC | SWMTY | 1: | 1 | AUT |
| TELECOMASIA CORPORATION PUBLIC CO. LTD. | 87928D107 | 144A | TCMSY | 1: | 10 | TEL |
| THAI TELEPHONE & TELECOMMUNICATION 144A | 88321P101 | 144A | TTTPYP | 1: | 3 | TEL |
| WATTACHAK PCL | 942747106 | OTC | WAPCL | 1: | 2 | PUB |
| * Ratio: You'll probably notice a significant difference in price
of the stock, traded as an ADR and on its home exchange. You can easily
calculate an over- or undervaluation (and, of course, a fair valuation). All
you need is the ratio of ADR to stock, as listed in the table above, and the
exchange rate of the US-Dollar to this country's currency. The following,
generalized example explains how to calculate. On June 26, 1998, the Swiss ADR Sulzer Medica, with a ratio of 10:1, was priced USD 24 7/8. In Zurich, its home exchange, Sulzer traded at 379 Swiss Francs. The Dollar/Franc - Exchange rate was 1.526 (1 Dollar buys 1.526 Swiss Francs). Now we can calculate: Multiply the price in Dollar with the ratio (10): 24 7/8 x 10=USD 248.75. With other words, ten ADR's equal one share of Sulzer Medica and will cost you $248.75 (excluding transaction costs). Now you multiply this Dollar-amount with the exchange rate: $248.75 x 1.526=SFR 379.59. The ADR has been valued fair. The Bank of New York offers free software, which does all the calculation. |