Time to buy Tom?

Tom GroupÆs new CEO (and acting CFO), Tommei Tong, discusses why the stock should be re-rated.
At the time of this interview, Tommei TongÆs title of CFO of Hong Kong-listed Tom Group was on the point of lapsing following her recent promotion to the CEO spot.

ôComing from a CFO background after three years with the company is a big advantage. I know the people and the process,ö says Tong, one of Hong KongÆs most charismatic senior executives.

TomÆs bottom line is looking pretty healthy these days. In the first half of last year, the media conglomerateÆs total revenue rose 18% year-on-year to HK$1.4 billion and EBITDA came in at HK$179 million, up 11% year-on-year.

The nature of this growth is replete with ironies. Recall that Tom Group was...

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