Some "hidden gems" to recommend. Only for those with patience and holding power. Contra players can ignore my post.

1) Thai Village (Strong Buy)
Strong contribution from China operation, which is still growing. Healthy balance sheet with a pile of nett cash. Undemanding valuation at 10 times and good dividend yield at 8% (2c against share price of 25c)

2) Asia Power (Buy)
Potential to ride on China's shortage of Power. Also a potential beneficiary of China's liberalisation of energy market (M&A target)

3) SwingMedia (Buy)
Ridiculously low PE & PEG. But it's "history" of being a victim of market speculation may delay its price appreciation.


The above three are currently very inactive and hence no one is sure when price appreciation will take place. Only for patient investors with a mid-long term horizon. For investors who prefer a faster ride, I recommend HongGuo (Buy)
, which is the next China play after BeautyChina.


Vested interests.

Comments (sweet or bitter) welcomed.

independent thinking is still important:)

you got any good stocks to recommend?

which has a better gearing, both for upside and downside. Well, i believe the upside overweights downside in the coming months, given its low valuations.

all are followed by numerous analysts and hence have already been fully valued. To me, extraordinary gains can only be realised from smaller growing companies which have not been recoginised by the Market yet.

归纳起来, 要看:
1. 行业发展前景, 是朝阳行业还是夕阳行业. 通常前者可以COMMAND较高的P/E
2. 行业中的竞争如何, 群雄并起还是寡头已经出现
3. 所研究的公司在行业中的地位
4. 所研究的公司对未来的展望.
再看:
4. 公司财务状况. BALANCE SHEET, CASH FLOW STATEMENT是否健康. 我偏爱ROE高高, NETT CASH多多,负债少少.
最后看:
5. 公司股价(P/E, P/NTA, P/CF) 是否合理. 有些公司上述4点得分都高但都已经在股价中反映了. 如UNISTEEL.有时看基金持有也有帮助, 如果不止一个基金重仓持有, 那股价潜力已经有限了.

欢迎讨论.

Sorry that i have not elaborated in a quantified manner earlier. To me, ROE shall be consistently > 15% and Total Debt should be less than a single year's net earnings and nett cash should be enough for a company to expand its operation without the needs for fund raising. All my holdings satisfy my above criteria.

Maybe you may wish to ask me to quantify my statement first before drawing conclusions that my criterion is too stringent. No offense. Hehe...

Merry X'mas to all!

No one can predict Mr. Market's mood in a single session or in a few sessions. In a longer term, fundamentals do prevail.

Merry X'mas to all!

Believe market sooner or later will give recognition to this hidden gem as long as Thai Village continues to perform in its core business.