Interesting post! Will have a deeper look at First Pacific. Regarding exposure to Indonesia - Have you become aware of another .HK holding company that might indirectly give you exposure to coal mines in Indonesia? I just bought 0206.HK CM Energy Tech - Following your discussion with Brandon you might like the technical setup - very thin trading range since years in a capex starved, inflecting industry - look at the 5year chart and than zoom out to max :) Also bought Anton Oilfield Services 3337.HK during the last week. Cheers Stefan
Jardine's shareholder returns have been mediocore. For CK Hutchison this is the reason why I passed (as written up in my last article):
CK Hutchison $001.HK . While the 7% dividend seem enticing, it seem the rest of the company is in a bit of a rut. P/TB also not too cheap. It probably does well from here, but it is below my hurdle rate. An exceptional company for cheap, with the majority of earnings not in China/HK.
Nice post. From my HK portfolio, 3 of them are here, 5 of them were rejected previously, 6 I haven't seen mentioned yet.
Thanks, seems we have a lot of overlap. Let's see if I can hit a few more.
Only 1 HK stock so far for my bingo card. 😉 I cannot wait for the next post.
which one?
$142.hk First Pacific
https://jaminvest.substack.com/p/hk-5-7-dividend-yield-portfolio
Interesting post! Will have a deeper look at First Pacific. Regarding exposure to Indonesia - Have you become aware of another .HK holding company that might indirectly give you exposure to coal mines in Indonesia? I just bought 0206.HK CM Energy Tech - Following your discussion with Brandon you might like the technical setup - very thin trading range since years in a capex starved, inflecting industry - look at the 5year chart and than zoom out to max :) Also bought Anton Oilfield Services 3337.HK during the last week. Cheers Stefan
Hi. Yeah I have looked at them. Indonesia sadly often has commodity export restrictions and the dilution is a bit worrying.
I will look into it a bit more tho. Thank you
Thanks for the insights. Those three plush BABA are in my buy and forget account. Interested to see how they do.
Thanks for comments on Jardine. Very insightful. I will take my basket of Jardine, CK and First Pacific and reply here in 3-5 years.
I also own 142. And I said that CK will do well, but won't clear my hurdle rate.
Jardine probably does ok, but I passed because there are so many better opportunities in my opinion.
Jardine and CK Hutch should be at top of everyone’s list.
I disagree.
Jardine's shareholder returns have been mediocore. For CK Hutchison this is the reason why I passed (as written up in my last article):
CK Hutchison $001.HK . While the 7% dividend seem enticing, it seem the rest of the company is in a bit of a rut. P/TB also not too cheap. It probably does well from here, but it is below my hurdle rate. An exceptional company for cheap, with the majority of earnings not in China/HK.
Please take a look at CK Assets HK: 1113, the most undervalued out of all Li Ka Shing's assets.
Why no Alibaba?
Because I own it on the NYSE, not in HK