We bought Hopson Development HK at HKD 8.070. Teledata and SaizenREIT Singapore at SGD 0.014 and 0.188. We also added RHBCap at RM 8.420, Cypark RM 2.060, IGBREIT at RM 1.320 and Trop at RM 1.910
An emerging diversified private investment fund
We bought Hopson Development HK at HKD 8.070. Teledata and SaizenREIT Singapore at SGD 0.014 and 0.188. We also added RHBCap at RM 8.420, Cypark RM 2.060, IGBREIT at RM 1.320 and Trop at RM 1.910
Hi bro, please look at these stocks Kianjoo, Freight. Both PE just around 10, and has a good prospect in future. I think both are quite undervalued.
Hi David, I agree Kianjoo is undervalued. However, we bought it from RM 1.20 ways back and sold it close to RM 2.00. Kianjoo business is improving together with Can-One. However, I do not like their legal proceedings that hang-on for years. So I decided to stay away sometimes back. If everything is settle, I may re-look into this counter.
For Freight, I think its PE is not that low at 10 and it is trading above its NTA. For logistic counter, I bought in Tasco at RM 1.50 sometimes back and still holding it. The key reason is the Jap will still support the Jap continuously for its local business. The other logistic company that I monitor is Century logistic but recent slowdown in global business also see its revenue lowered. Personally I do not prefer logistics stock due to more and more business is trying to localize in order to cut down cost of business.
Thank you for your sharing bro!