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”

K. Wah International – Homes for China’s Riches

K.Wah International 1-Year ChartK. Wah International Holdings Ltd (0173.HK) is a leading developer and investor of premium projects and luxury homes in Hong Kong, the Pearl River Delta, and the Yangtze River Delta regions. The company is controlled by the 87-year-old self-made billionaires Lui Chee-woo, who is reported to be Asia’s second-richest person after Li Ka-Shing. Continue reading “K. Wah International – Homes for China’s Riches”

Kingboard Chemical – A Well Diversified Investment

Kingboard Chemical 1-Year ChartKingboard Chemical Holdings Limited (0148.HK) is the world’s number one laminate manufacturer and China’s largest printed circuit board producer. Furthermore, the company is a leading supplier of chemical products in China and has other business activities ranging from manufacturing of liquid crystal displays and magnetic products to property development and investment. Continue reading “Kingboard Chemical – A Well Diversified Investment”