Tom.com: Valuation of an Asian Internet Company Harvard Case Solution & Analysis

The craze for online investment began to catch on in Hong Kong. Tom.com Ltd, Hong Kong-based Internet company, is planning an initial public offering on the Hong Kong Stock Exchange. Portfolio manager EuroGlobal funds is to provide his professional opinion on the significance of this investment and its suitability for different investors. He was aware of the difficulties in assessing the Internet companies and the discussion about the choice of assessment methods. Among them, one approach is to analyze the implicit hyper-growth that Internet companies have had to achieve in the next five years to justify its current valuation. He decided to apply this approach to Tom.com. "Hide
by Larry Wynant, Stephen R. Foerster, Peter Yuan Source: Richard Ivey School of Business Foundation 18 pages. Publication Date: January 1, 2000. Prod. #: 900N13-PDF-ENG

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