The dominant banks in China are trading at two to three times price to book, so Goldman is buying at half the level.
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The focus this year will be on how effective companies are at cutting costs as oil prices will continue to go up over time.Alan Richardson
TSMC is ahead in terms of technology and know-how. For the higher- quality and more technologically advanced chips, not all foundries can do that.
Alan Richardson
The building has stood empty for a long period of time and there are now shards of glass everywhere. It could be someone like my 14-year-old grandson who gets hurt. I am sure somebody has the authority to go along and get it boarded up, I cannot understand it.
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so in all cases our assumptions are based on our engineering judgment with input from the people that we consulted.
Alan Richardson
Hopefully that will have a good showing and then people will get confidence back into Thai equity again. I'm quite skeptical about anything that's government or politically sensitive.
Alan Richardson
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