Tat Seng Packaging – Still a Bargain

Tat Seng 1-Year Chart_2017Tat Seng Packaging Group Ltd (T12.SI) value has increased 50% since our first recommendation last year in June. The manufacturer of corrugated paper products and packaging is also part of our model portfolio. With a market cap of 70m USD, Tat Seng Packaging is only a relatively small player. However, the well-managed company has consistently surprised with positive results over the past five years and shows strong financials. EPS grew by 27% over the last five years, a rate well above industry average. Continue reading “Tat Seng Packaging – Still a Bargain”

China Sunsine Chemical Holdings – A Value Investment with Specialty Chemicals

China Sunsine Chemical 1-Year ChartChina Sunsine Chemical Holdings Ltd (CH8.SI) is a leading producer of specialty chemicals. The company is the world’s largest producer of rubber accelerator with a global market share of 17% and China’s largest producer of insoluble sulfur. China Sunsine Chemical has over 700 customers and serves 65% of the world top 75 tire manufacturers, such as Bridgestone, Michelin, Goodyear, Pirelli. The products are distributed under the brand name ‘Sunsine’. Continue reading “China Sunsine Chemical Holdings – A Value Investment with Specialty Chemicals”

Avi-Tech Electronics – Growing demand from the Internet of Things

Avi-Tech Electronics 1-Year Chart_40Avi-Tech Electronics Ltd (BKY.SI) provides burn-in services and manufacturing, printed circuit board assembly (“PCBA”) services, and engineering services for OEMs in the semiconductor, electronics, and life sciences industries. It also manufactures digital imaging systems for the life sciences industry. Continue reading “Avi-Tech Electronics – Growing demand from the Internet of Things”