Salomon Brothers

Why bankers need those big dollars

For the same amount of money, I would rather be shovelling manure.

Tuesday, 15 November, 2011, 12:00am

Road King Infrastructure

HONG KONG-BASED Road King Infrastructure develops, operates and manages toll roads in the mainland through joint ventures.

A year ago, Salomon Brothers - now known as Salomon Smith Barney - put a buy on the company, citing strong management, fund-raising capability and geographical flexibility. It projected the stock would trade up 50 per cent to $11.80 in 12 months.

26 Jul 1998 - 12:00am

Salomon shuffle

Salomon Brothers is continuing its hiring drive, announcing two more appointments yesterday. Gordon Crosbie-Walsh, formerly a senior analyst at Schroder Securities, will join Salomon as a vice-president and salesman. From M&A Securities in Malaysia, Foong Le Lin will become part of the institutional sales team.

18 Jul 1996 - 12:00am

Salomon in team move

Salomon Brothers has announced another appointment to their equity research team. An Lu, who has been named vice-president, will be responsible for China-related research.

Mr Lu worked most recently at Nomura Research Institute, just as Michael Green did before he was appointed to run Salomon's property research.

11 Jul 1996 - 12:00am

Kapur wins Moe's post

Salomon Brothers has appointed Singapore-based Deep Kapur as regional strategist, replacing Timothy Moe, in the latest in a series of personnel shifts at the US-based investment bank.

Mr Kapur was previously a portfolio manager and global investment strategist for Koeneman Capital Management, in Singapore.

4 Jun 1996 - 12:00am

Reason to move

Ross Reason is to join Salomon Brothers as managing director and deputy head of Asian equities with direct responsibility for equity derivatives and equity trading. He will be leaving his position at Wheelock NatWest Securities after only 10 months.

23 May 1996 - 12:00am

SINOCAN Holdings

SINOCAN Holdings manufactures cans for the food industry. It also provides tin plating, laquering and printing services.

This time last year, Salomon Brothers said the weakness of Sinocan shares presented a buying opportunity and they were undervalued compared with similar companies in the region.

4 Feb 1996 - 12:00am

Champion fails to justify faith

TWELVE months ago Champion Technology was touted as a boom stock by many brokers.

One of these was Salomon Brothers, which issued a buy recommendation for the telecommunications products and radio paging company.

15 Oct 1995 - 12:00am

Salomon says control system is 'adequate'

SALOMON Brothers says it has an adequate control system in Hong Kong although its London operation has been placed under scrutiny after it was found to have breached a code of practice.

14 Oct 1995 - 12:00am

Brownsey gets key post

SALOMON Brothers has appointed Paul Brownsey vice-president of Asia-Pacific fixed income sales with responsibility for fixed income coverage for clients in Australia and New Zealand.

Before joining Salomon Brothers, Mr Brownsey was a portfolio manager with the Reserve Bank of New Zealand, managing part of the country's reserves.

10 Oct 1995 - 12:00am

Profit expectations lowered

Esprit Asia Recommendation: Hold Brokerage: Salomon Brothers THE brokerage has downgraded its recommendation on Esprit Asia to a hold in expectation of disappointing full-year profit results to June 1995. It has lowered its profit projections for 1995 from $164 million to $150 million and for 1996 from $201 million to $180 million.

23 Jul 1995 - 12:00am

Salomon ventures in Korea

SALOMON Brothers says it will open a joint-venture securities company in Korea with a few other domestic investors.

The new venture, Allied SB Securities, had been granted a preliminary licence by the Korean Ministry of Finance and Economy and was expected to be operational in about six months, Salomons said yesterday.

18 Jul 1995 - 12:00am

Esprit looks a winner

Esprit Asia Recommendation: Buy Brokerage: Salomon Brothers FASHION retailer Esprit Asia has reported interim profit growth of 28 per cent. The results should please the market and may result in a jump in the share's performance in the near term.

2 Apr 1995 - 12:00am

Time to buy some houseware

World Houseware Recommendation: Buy Brokerage: Salomon Brothers THE brokerage has upgraded its recommendation on World Houseware's shares from hold to buy, believing that the shares bottomed at $1.50 when the lower-than-expected 1995 interim profit growth rate of 35 per cent was announced in December last year.

12 Mar 1995 - 12:00am

Leading role lights up TVB's prospects

Television Broadcasts Recommendation: Buy Brokerage: Standard Chartered TVB is the leading television station in Hong Kong and the largest producer and distributor of Chinese television programmes in the world. Given a prosperous regional economy, advertising revenue is expected to continue growing robustly.

29 Jan 1995 - 12:00am

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