PUBLISHED : Sunday, 02 August, 1998, 12:00am
UPDATED : Sunday, 02 August, 1998, 12:00am

SHUN Tak has activities in shipping, property investment and development, restaurants and hotel investment and management.

Last year Nikko Research put a sell on the company, arguing that the number of passengers using its ferry service between Hong Kong and Macau was falling, and that earnings growth was unexciting.

This proved good advice. Shun Tak has fallen to 70 cents from more than $4.675 a year ago.