Some stocks gradually compound away, year after year. Others return years of performance in a brief period of time... Mexan just did 82%(!!) in one day. There are lots of others with such potential.
is fishing in the right pond. And the bright side is » There are still lots of other appetizing fish, like Mexan, that have not played out yet. To make that point even more clear, I am posting another couple of ideas in this post… with more to come later on.
As so often, I will likely do brief overviews of potentially interesting stocks, first… and then I will gradually start diving deeper into the best-looking ones, later.
Given, often limited, stock liquidity, I have been limiting access to these type of stock ideas by effectively suspending new monthly paid subscriptions, and phasing the release of more ideas than usual; releasing them on the Founders’ tier first, or exclusively.
Table of contents
Everbright Grand China Assets; property investment and management services at 18 cents on the HK$
Earlier-mentioned stocks
XXXXX; real estate and equity investments at 12 cents on the HK$
Jaminvest resources
Disclaimer
Footnotes
1. Everbright Grand China Assets
Mr. Market seems to be warming up to absurd-cheap Hong Kong stocks. Just look at Everbright Grand China Assets $3699.hk for instance…
…up 45% just on 2025/02/10 on 89x the average traded volume.
Ticker: $3699.hk
Description: property investment and management services
Share price: HKD 0.51, as of 2025/02/10
Dividend: HKD 0.0184 p/s (HKD 0.0078 interim 2024H1 vs HKD 0.0106 interim 2023H1, HKD 0.0066 final for 2023)
HKD 1,264m or RMB 1,185m FAV1, as of 2024/06/30 » P/FAV 0.18
RMB 962m Investment properties
RMB 223m Net cash
Peculiarities
Broker availability is an issue on this one. So, I did not spend much time on it.
Value assessment on the investment properties raises questions. I see an annualized HKD 32m in gross rental income from investment properties. The implied gross rental yield of just over 3% seems a bit richly valued to me… possible, but something to look into… probably not that it matters too much, with the Net cash already covering the whole market cap.
2. Earlier-mentioned stocks
For Free subscribers; some earlier-mentioned freebies…
Tianjin Development $882.hk has been one of my earliest Hong Kong Dollar trading for Pennies… and is still a favorite… my first post mentioning it…
China Dongxiang $3818.hk is a HKD 0.35 stock with a roughly HKD 1.70 cash + equity investment portfolio. A nice levered play on a potential new bull-market in Greater China equities.
