Top 5 Favourite Undervalued Companies SGX/SEHK

[banker]

Just a side question on HK shares. Does anyone know where can I find an online list of coming AGM/SGM in HK?
The SEHK website does not seems to have it. Thanks in advance.

Available at  http://www.hkexnews.hk/listedco/listcone..._main.aspx

Pls Choose Announcements & Notices -> Meetings & Voting

[sillyivan]

1. Valuetronics - High dividend yield, net cash position, positive free cash flow for past few years. Cash cow.
2. MFG Integration - High dividend yield, net cash position. Cash cow. Set for record-breaking year in a row
3. Trek2000
4. Sinarmas Land

[opmi]

Just a side question on HK shares. Does anyone know where can I find an online list of coming AGM/SGM in HK?
The SEHK website does not seems to have it. Thanks in advance.

Available at  http://www.hkexnews.hk/listedco/listcone..._main.aspx

Pls Choose Announcements & Notices -> Meetings & Voting

Thanks!

Any other website that show a schedule of AGM/SGM like the SGX website? Easier to mointor.

[CigarButts]

My humble picks
1. Fortune reits
2. Powermatic
3. Nam Lee pressed metals
4. New toyo
5. Low keng huat
Cheers

[soros]

My top 5 fav undervalued companies ( at 1 Sept 2015) were :

1, Asia Standard ( 00129.HK) latest price $1.48 ( NAV = $11.73 )
2. Aisia Orient ( 00214.HK) latest price $1.51 ( NAV = $ 12.10 )
3. Road King ( 01098.HK) latest price $6.85 ( NAV = $18.10)
4. Dan Form ( 00271.HK) latest price $1.23 ( NAV = $4.04 )
5. Lai Sun ( 00191.HK) latest price $0.93 ( NAV= $6.7 )

Dan Form attracted a takeover bid at $2.75 and over 90% shareholders accepted the offer from Tian An ( 00028.HK) .


So my list of 5 undervalued companies at 3 Jan 2017 are :

1, Asia Standard ( 00129.HK) latest price $1.60 ( NAV = $11.98 )
2. Asia Orient ( 00214.HK) latest price $1.95 ( NAV = $ 12.50 )
3. Tomson ( 00258.HK) latest price $2.59 ( NAV = $7.0)
4. HKC Holdings ( 00190.HK) latest price $3.81 ( NAV = $22 )
5. Lai Sun ( 00191.HK) latest price $1.63 ( NAV= $8.60 )

[BlueKelah]

My top 5 fav undervalued companies ( at 1 Sept 2015) were :

1, Asia Standard  ( 00129.HK)  latest price $1.48  ( NAV = $11.73 )
2. Aisia Orient  ( 00214.HK)  latest price  $1.51   ( NAV = $ 12.10 )
3. Road King  ( 01098.HK)  latest price $6.85  ( NAV = $18.10)
4. Dan Form  ( 00271.HK)  latest price $1.23  ( NAV = $4.04 )
5. Lai Sun     ( 00191.HK)  latest price  $0.93  ( NAV=  $6.7 )

Dan Form attracted  a takeover bid at $2.75 and over 90% shareholders accepted the offer from Tian An ( 00028.HK) .


So my list of 5 undervalued companies at 3 Jan 2017 are :

1, Asia Standard  ( 00129.HK)  latest price $1.60  ( NAV = $11.98 )
2. Asia Orient  ( 00214.HK)  latest price  $1.95   ( NAV = $ 12.50 )
3. Tomson  ( 00258.HK)  latest price $2.59  ( NAV = $7.0)
4. HKC Holdings ( 00190.HK)  latest price $3.81  ( NAV = $22 )
5. Lai Sun     ( 00191.HK)  latest price  $1.63  ( NAV=  $8.60 )

thanks for sharing. Wow really undervalued to NAV. Have you done any net net calculations for them? and any particular reason why so depressed? Are they losing money big time or just poor sentiment?

[opmi]

My top 5 fav undervalued companies ( at 1 Sept 2015) were :

1, Asia Standard  ( 00129.HK)  latest price $1.48  ( NAV = $11.73 )
2. Aisia Orient  ( 00214.HK)  latest price  $1.51   ( NAV = $ 12.10 )
3. Road King  ( 01098.HK)  latest price $6.85  ( NAV = $18.10)
4. Dan Form  ( 00271.HK)  latest price $1.23  ( NAV = $4.04 )
5. Lai Sun     ( 00191.HK)  latest price  $0.93  ( NAV=  $6.7 )

Dan Form attracted  a takeover bid at $2.75 and over 90% shareholders accepted the offer from Tian An ( 00028.HK) .


So my list of 5 undervalued companies at 3 Jan 2017 are :

1, Asia Standard  ( 00129.HK)  latest price $1.60  ( NAV = $11.98 )
2. Asia Orient  ( 00214.HK)  latest price  $1.95   ( NAV = $ 12.50 )
3. Tomson  ( 00258.HK)  latest price $2.59  ( NAV = $7.0)
4. HKC Holdings ( 00190.HK)  latest price $3.81  ( NAV = $22 )
5. Lai Sun     ( 00191.HK)  latest price  $1.63  ( NAV=  $8.60 )

Looking at the above list, reminded me of some deep value stocks I bought before...jialat.

Dan Form...bought before at 60. sold at 90...no patience/no conviction.

City-eSolution bot at 30 cents sold at 80-90..no patience/no conviction

LBS Bina bought 40 sen sold at 50-60 sen..no patience/no conviction

soros, know of any deep value HK listed co with factory land in Shenzhen? besides Dynamic and Arts Optical...

[Scg8866t]

My top 5 for SGX:

1. Teckwah
2. New Toyo
3. Wheelock Properties
4. Wing Tai
5. SIA

Btw soros, I took a look at Asia Standard(subsidary of Asia Orient) and Asia Orient, was wondering why are their half yearly operating cashflow neg 756mil hkd?(previous half neg 623mil hkd) Cant seem to find the reason.

Also they didnt state the years left for their leasehold investment properties. Balance sheet is still net cash if we include their financial assets. Only freehold hotel they have is in Canada? May need to do a more detailed study later..

Quite surprised by their very deep discount to nav.

[soros]

BlueKelah .

These companies are not daily price listed in the SCMP ( HK English Newspaper) and I believe may be out of sight of many potential investors and the foreign fund managers. The companies are presently profit making but past dividend record and payment level ( excluding Tomson ) are miserly or erratic and not increasing with rising levels of NAV .

Tomson is a property developer, mainly in Shanghai area and whilst in past willing to pay reasonable dividends, the shares always seem to lack investor buying support .
HKC Holdings reported hefty losses in recent years but at last interim reported approx $194 Mil profit compared to $687 Mil loss in previous half year .
Lai Sun paid only 1.2 cents annual dividend. A local investor has accumulated a 24% stake in the company and it is not for the tiny dividend.

Asia Orient paid a tiny 3 cents dividend . A US Contrarian Investor ( Dalton Investment LLC ) has accumulated 20% stake in the company. The market capitalisation is only $1.6 Billion approx and AO has over $9 Billion in cash and securities.
Asia Standard ( 51% owned by Asia Orient ) paid a tiny 3.5 cents annual dividend. The company now controls 86 % of Asia Standard Hotels ( 00292.HK) and may need to buy up the balance of outstanding shares or else having to place 11 % shares at a loss.

[soros]

Opmi- Sorry - I don't know any listed company with factory land in Shenzhen.

scg8866t - Asset valuations are made by professional valuers for commercial buildings based on a sale at end of reporting year or half year. Don't normally quote the years left on the lease.