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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Graham Osborn who wrote (55632)	7/8/2015 12:38:12 AM
From: MNTNH	Read Replies (1) \| Respond to of 78659

@Graham No worries. Im not too sure on China, wouldnt have access as well given Im not a China local nor institutional license. As for HK, there are a couple of companies that may look interesting but are mostly asset plays in real estate (of which I own such stocks). However I would actually wait for further weakness before buying again. HK is a mixed bag as traditionally, there have been many cases of fraud so you would need to thread carefully, and information is scarce since they only report semi annually. Please note that you may have a different view on value. For example Lenovo (992 HK) fell significantly past days and that maybe interesting. I like their hold on Chinese for the mobile computing segment. Currently I hold (both companies are very well capitalised and no red flags) 184 HK - low float, family owns a bulk of it. owns Macau properties that may benefit from the China-Macau linkage. Also good in executing distressed purchase of good name hotels in US/Canada. Ive worked with the family on some development projects and they are great real estate owner-operators with laser focus on costs. 212 HK - its like a mini BRK, ex textile mill but without the good capital allocators (i know, sucks). but they do hold a OTC stake in a bank as well as several properties in Kowloon, HK back in the days when its an industrial zone. My only gripe is the owners are slow to move (and very old - average age 70-80 years) and I dont have enough clout to move anything. Quite fairly valued assuming no redevelopment plans, the bank stake may hold significant upside if listed publicly.