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Top 5 Favourite Undervalued Companies SGX/SEHK
04-01-2017, 09:46 PM,
Post: #101
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
(04-01-2017, 04:00 PM)soros Wrote: 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.

reminded me of Shun Ho Tech.
https://www.valueinvestorsclub.com/idea/...td./129065
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster

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05-01-2017, 01:40 PM,
Post: #102
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
opmi,

Thanks for drawing attention to Shun Ho Tech which changed its name to Shun Ho Property Investments Ltd ( 00219.HK) in July 2016.

Current price is about HKD $2.75 and NAV = $9.52 . But this company also has a poor record of past dividend payment to its shareholders (only paid twice in past 10 years ?).

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06-01-2017, 01:42 AM, (This post was last modified: 06-01-2017, 01:42 AM by opmi.)
Post: #103
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
Another HK company with SZ factory land rezoned for resi.

http://www.hkexnews.hk/listedco/listcone...041455.pdf
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster

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11-01-2017, 12:17 PM,
Post: #104
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
Did anyone buy Tomson ( 00258.hk) last week ? The shares have suddenly attracted buying interest and shareprice has risen by about 40 cents since last week.

The company issued a Notice for clarification of current position ( has NOT entered into contract for sale of its assets ). But the Notice did disclose their "assets are under review" which can be open to different interpretation by different people.

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07-02-2017, 12:43 AM, (This post was last modified: 07-02-2017, 12:44 AM by rijk.)
Post: #105
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
Heatec Jietong Holdings Ltd (5OR) doesn't seem to have a threat yet

looks very cheap at 45% ncav

looks like they might be able to survive, as they have done the last decade...

price is 4 cents, does that mean that they have to do a reverse split at some point to bring it back above 20 cents?

any input/feedback from local value investors would be highly appreciated.....

http://financials.morningstar.com/ratios...ture=en-US

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07-02-2017, 12:53 AM,
Post: #106
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
another ultra cheap company that doesn't seem to have a threat, Allied Technologies Ltd A13

selling at around 65% ncav/25% tbv

similar business as aei corp but allied seems to manufacture more in lower cost locations

any input/feedback from local value investors would be highly appreciated.....

http://financials.morningstar.com/ratios...ture=en_US

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07-02-2017, 07:24 AM,
Post: #107
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
Ref : Allied technologies

Looking at the company information , there is no record of rising EPS or rising book value .

I can see no reason for buying.

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07-02-2017, 08:05 AM,
Post: #108
RE: Top 5 Favourite Undervalued Companies SGX/SEHK
Ref: Heatec Jietong

This company seems to be a supplier of pipework to Oil and Gas Industry. You could buy some shares if you expect the price of oil to rise back to $100 levels.

http://www.heatecholdings.com/downloads/...202014.pdf

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