I had added a new counter to my Portfolio: Tai Sin Electric.
This company is a good growth company with paying regular dividend.
Will elaborate more next time......
Below are my latest Portfolio update as per 14th December 2016:
(1) Sunningdale Tech: bought @$1.02/share
(2) Best World: bought @71cts/share (ex-cludes Bonus Share of 4 to 1)
(3) Global Invacom: bought @12cts/share
(4) Avi-Tech: bought @28.85cts/share
(5) 800 Super: bought @78cts/share
(6) Innotek: bought @24.4cts/share
(7) Tai Sin Electric: bought @38cts/share
Hi,
ReplyDeleteI am very inspired by your blog as you buy relatively stable low profile companies undervalued companies.
This approach seems similar to the method taught by bigfatpurse.
Would you be able to share on why you chose tai sin electric as i know this has been a "value" stock for quite a long period but it has not really shown any major signs of growth in the stock price.
Also just to let you know you have a supporter here!!!!
Hi Unknown,
ReplyDeleteThanks for the comment and sorry for the late reply as i was quite busy recently and did not check in the blog.
I bought into Tai Sin Electric because the company is trading at a low PE with consistent dividend yield.
The company is also intensively expanding its footprint into ASEAN region like Malaysia, Indonesia, & Vietnam.
A low profile stable with good balance sheet and visible plan to grow company fits best to my investment strategy.
Above is just my own opinion in summary and when i have time will write more on this.
(This is not an invitation to buy/sell this stock, please read the Disclaimer below. Thanks).