PT Indosat Tbk (NYSE:IIT) - Recent fall offers a lucrative investment opportunity. Free research report.
Posted by on October 10th, 2008 at 07:14pm
wrote an interesting post today on
Here’s a quick excerpt
PT Indosat Tbk’s (Indosat) common stock has witnessed a significant decline since our last update report reflecting weak market sentiments and prevailing economic uncertainty in the US and European markets. However, we view the extent of the fall as unjustified and considering that the company’s fundamentals are intact, believe that current levels offer a lucrative investment opportunity. Hence we upgrade the common stock from a HOLD to a BUY. We reiterate our BUY rating for the ADR as we ant
Read the rest of this great post here
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