The 2017 annual letter for Overseas Asset Management’s Asian Recovery Fund is now out. You can access and download it directly from the firm’s website. As usual, Desmond Kinch’s letter contains lots of interesting insights and ideas for discussion, so reading it is well worth your time. To see our coverage of last year’s letter, please click here. […]
Month: February 2018
Readings For The Week (25/2)
This week’s readings / links include Graham Duncan’s framework for the investing game, a short interview with Stephen Diggle, a look at Alibaba’s accounting, more from Dan Rasmussen on private equity and a review of Steven Pinker’s Enlightenment Now. Also, if you haven’t already read it, click here for the latest Buffett letter (published this […]
SumZero: Top Stocks for 2018
SumZero have published their top stocks for 2018 report (link here, also embedded below). It contains 15 research ideas from the SumZero community across 5 categories: special situations, small caps, mid/large caps, yield players and shorts. The annual challenge is held in partnership with the Sohn Conference Foundation and Canalyst. To see last year’s stock picks, […]
Readings For The Week (18/2)
This week’s readings / links include a conversation with Seth Masters (formerly with Alliance Bernstein), the 4Q 2017 newsletter from Benjamin Koh (Lighthouse Advisors), the latest piece from James Montier (GMO), an interview with Kishore Mahbubani and Hubert Horan on whether Uber can ever deliver. Investment polymath: A conversation with Seth Masters, formerly with Alliance […]
David Webb Adds To Tungtex
David Webb recently added to his stake in HK-listed Tungtex (Holdings) Co. Ltd. (Tungtex). According to a filing submitted to the Hong Kong Stock Exchange on February 9th, 2018, he purchased 300,000 shares on the exchange at an average price of HKD 0.8567 per share on February 6th. Following the purchase, Webb’s stake in Tungtex increased from 5.94% […]
Readings For The Week (11/2)
Some excellent content this week. Enjoy! How Djibouti became China’s gateway to Africa: One of Africa’s smallest countries has become China’s “strategic partner.” Conversation with Håkan Samuelsson: On the transformation of Volvo Cars under Chinese ownership (Geely). Exit interview: Mark Mobius on 30 years of emerging markets. How Grab is giving Uber a run for […]
Readings For The Week (4/2)
This week’s readings / links include the Q4 2017 report from Platinum Asset Management, a look at “gray rhinos” in China, a book recommendation from Bill Gates, an interview with Ed Thorp and Bilahari Kausikan on why Trump’s global retreat is an illusion. Platinum Q4 2017 report: Includes commentaries from the International, Asia and Japan Fund […]
Interview with James Hay (Astro Awani)
James Hay, founder of the Pangolin Asia Fund, recently spoke with the AWANI Review’s Ibrahim Sani. The interview is worth a watch, although it requires a couple of steps to access. You first need to create an account with AWANI Review and then search for the article (dated Jan 31st, 2018). Among other things, Hay discusses […]
NTAsian Trims Stelux Holdings Stake
NTAsian Discovery Master Fund (NTAsian) recently trimmed their stake in HK-listed Stelux Holdings International Ltd. (Stelux Holdings). According to a filing submitted to the Hong Kong Stock Exchange on February 1st, 2018, the firm sold 12,909,000 shares on the exchange at an average price of HKD 0.61 per share on February 1st (total consideration was ~US$1m). […]
Longleaf Partners Q4 2017 Report
The Longleaf Partners International Fund recently published their 4Q shareholder letter, which you can download and read here. The letter includes commentary on a number of the Asian companies in their portfolio, including Melco International, CK Asset and Yum China. Some highlights on Yum China below (a direct excerpt from their letter): Yum China: “…the […]