[ Taiwanese Stock Market | U.S. Stock Market | Other ADR's | Taiwan 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 | |
ACCTON TECHNOLOGY CORPORATION | 00437R103 | 144A | ATHYYP | 1: | 2 | COM |
ACER INCORPORATED | 004433207 | 144A | ACEPT | 1: | 5 | CSV |
ACER INCORPORATED | 004433603 | 144A | ACTRP | 1: | 5 | CSV |
ACER INCORPORATED 144A | 004433108 | 144A | ACEPP | 1: | 5 | CSV |
ACER INCORPORATED GDR CONVERTIBLE BONDS | 004433405 | 144A | ACDPT | 1: | 5 | CSV |
ADI CORPORATION 144A | 00089Q106 | 144A | ADRPP | 1: | 20 | EEI |
ADVANCED SEMICONDUCTOR ENGINEERING 144A | 00756M107 | 144A | ASE144A | 1: | 5 | EEI |
ASIA CEMENT CORPORATION 144A | 04515P104 | 144A | ASIACYP | 1: | 10 | CST |
ASUSTEK COMPUTER INC. 144A | 04648R100 | 144A | ASURP | 1: | 1 | CSV |
AURORA CORPORATION | 051604106 | 144A | AUR144A | 1: | 10 | INV |
CHINA STEEL CORPORATION 144A | 169417102 | 144A | CISEY | 1: | 20 | STE |
D-LINK CORPORATION 144A | 23323A109 | 144A | DLRPP | 1: | 5 | OTH |
EVERGREEN MARINE CORP. (TAIWAN) LTD. | 300246105 | 144A | EVRPP | 1: | 10 | TRN |
FUBON INSURANCE CO. LTD. 144A | 359515103 | 144A | FUBRP | 1: | 10 | INS |
GVC CORPORATION | 36237Y104 | 144A | GVCCF | 1: | 5 | EEI |
GVC CORPORATION 144A | 36237Y401 | 144A | GVRIP | 1: | 5 | EEI |
HOCHENG CORPORATION GDR | 434141107 | 144A | HOCGDR | 1: | 5 | RES |
LITE-ON TECHNOLOGY CORP. | 536759103 | 144A | LIRPP | 1: | 10 | CSV |
MACRONIX INTERNATIONAL COMPANY LIMITED | 556103109 | NAS | MXICY | 1: | 10 | CSV |
MICRO-ELECTRONICS TECHNOLOGY INC. | 595069208 | 144A | MEL144A | 1: | 5 | CLE |
PRESIDENT ENTERPRISES CORP."GDR" | 740626102 | 144A | PRELY | 1: | 10 | FOD |
SILICONWARE PRECISION IND.,CO. LTD. GDR | 827064104 | 144A | SPIAF | 1: | 5 | EEI |
STANDARD FOODS TAIWAN LTD. 144A | 853407104 | 144A | SFT144A | 1: | 5 | FOD |
SYNNEX TECHNOLOGY INTERNATL CORP 144A | 87161A109 | 144A | SYNRP | 1: | 4 | EEI |
TAIWAN SEMICONDUCTOR MANUFACTURING CO. | 874039100 | NYSE | TSM | 1: | 5 | EEI |
TECO ELECTRIC & MACHINERY CO. LTD. 144A | 878757103 | 144A | TCEMYP | 1: | 10 | HCG |
TUNG HO STEEL ENTERPRISE CORPORATION | 899732101 | 144A | THOCY144A | 1: | 10 | STE |
TUNTEX DISTINCT CORPORATION 144A | 89978R101 | 144A | TNTXYP | 1: | 10 | CHM |
WALSIN LIHWA GDR | 933133100 | 144A | WALPP | 1: | 10 | STE |
WINBOND ELECTRONICS CORPORATION 144A | 972657100 | 144A | WINGYP | 1: | 10 | CSV |
YAGEO CORPORATION | 984326108 | 144A | YGOCY144A | 1: | 5 | EEI |
YANGMING MARINE TRANSPORT CORP. 144A | 984749101 | 144A | YMTCY | 1: | 10 | TRN |
* 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. |