Want a business with sales growing on average 30 per cent a year in a fast-growing economy and that targets precisely the rising middle class generating the growth? On that basis, Matahari Department Stores’ refloat in Jakarta should be an easy sell. But the heady asking price highlights something else: emerging markets look relatively cheap, but the best opportunities are not.
想在快速增长的manbetx20客户端下载 体找到一家年平均销售增长30%、瞄准推动这一增长的不断壮大的中产阶级的企业?按此标准,马泰哈利百货(Matahari Department Stores)在雅加达交易所的配股发售应会大卖。然而其偏高的要价却突显了其它信号:新兴市场看起来相对便宜,但最好的机会却不便宜。
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