The first half of this year is over and it is time to draw the balance for this past six months. We have seen some strong up and down swings in the global markets so far. The setback in January with lows reached mid of February due to worries about China’s economy has affected most major markets around the world with strong links to Asia. The MSCI World Index has lost 13% until mid of February, while the MSCI Asia Pacific Index was down 16%. The UK referendum to leave the EU just a few days ago has caused some unexpected turbulences around the globe. Continue reading “What a 100K Investment in Asia Pacific Returned in H1 2016”
Xinyi Glass – A Clear Perspective
Xinyi Glass Holdings Limited (0868.HK) is a leading glass manufacturer producing glass products including automobile glass, energy-saving construction glass, high quality float glass and other glass products for different commercial and industrial applications. Xinyi has six production facilities in China and Malaysia. Its products are sold to more than 130 countries, including China, Hong Kong, Australia, New Zealand, Africa, the Middle East, Central and South America. According to company information Xinyi accounts for around 20% of the world automobile glass replacement market and around 15% of the LOW-E energy-conversation glass market. Continue reading “Xinyi Glass – A Clear Perspective”
The Government Bond Market in APAC (Part 1)
While government bond yields in many western developed countries swing around the zero mark or are even negative we can still find some well yielding bonds which come with moderate risk around Asia Pacific. The following graph gives an overview of the 10-year government bond yields and the corresponding (S&P) credit rating across Asia Pacific countries. Continue reading “The Government Bond Market in APAC (Part 1)”
Tat Seng Packaging – A Company Warren Buffett Would Like
Tat Seng Packaging Group Limited (T12.SI) is one of Singapore’s leading manufacturers of corrugated paper packaging products. With two production facilities in Singapore and five more in China, Tat Seng Packaging serves a broad range of industries. Continue reading “Tat Seng Packaging – A Company Warren Buffett Would Like”
Telekomunikasi Indonesia – Connecting 250 Million People
PT Telekomunikasi Indonesia Tbk (TLKM.JK) is Indonesia’s largest telecommunication service provider and the third largest company by market capitalization in Indonesia. Telekomunikasi Indonesia (Telkom) was founded in 1856, which makes it also one of the oldest telecommunication companies in the world. Headquartered in the city of Bandung the company is listed since November 1995 on the IDX with ADRs traded in the US, Germany and in Switzerland. The Indonesian government owns 52.6% of the company with effects on voting and veto rights. Continue reading “Telekomunikasi Indonesia – Connecting 250 Million People”
Keong Hong Holdings – Undervalued?
Keong Hong Holdings Limited (5TT.SI) is a Singapore based investment holding company. The group offers construction services and develops residential, commercial, industrial property to both the private and the public sector. Aside from residential and hotel construction Keong Hong targets on the institutional and healthcare sector in order to have a well-diversified range of construction projects. The portfolio includes projects such as IBIS Hotel, Singapore Institute of Management, Sime Darby Performance Centre, Martin Place Residences, The Parvis, 8@Woodleigh and The Residence Maldives and Kooddoo Airport in Maldives. Keong Hong is founded 1983 in Singapore and listed since 2011 on the Singapore Exchange. Continue reading “Keong Hong Holdings – Undervalued?”
