Calling All Bottom Fishers

Patient investors in East Asian stocks may be rewarded

Bangkok's stock market has plummeted almost 30% since Thailand devalued its currency on July 2 and its financial system imploded. But Dennis Lim, Singapore-based director of Templeton Asset Management (Singapore) Ltd., isn't selling out. A value investor who likes to buy stocks on the cheap, Lim is snapping up shares of blue chips such as Siam Cement Co. "To long-term investors like us, this is really an opportunity."

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