News & Insights #20

This earnings season is a brilliant one for expanding my watchlist with more absurd-cheap stocks and several promising high-growth stocks that have substantially de-rated

This edition is a loooonnnnggg one, and includes;

• A dominant, and solidly growing bank at 3x P/E and 17% dividend yield …and nope, it’s not a HK 第部分

• New growth stock additions for the HK watchlist, amongst which a fast-growing staples company at 17x 2024E P/E… with of cuz - it is HK after all - a good chunk of cash on the balance sheet

• The fashion company trading at 35 cents on the 1 HK$, lived up to its positive profit alert and delivered an 83% increase in profit. Despite the positive developments it is still trading at pennies to the dollar and with a 3-5x P/E. Yet another absurd-cheap HK stock holds 2x its market cap in net cash, and possibly 3x its market cap in an associate company.

• Will Capri Holdings (Michael Kors, Versace, Jimmy Choo) finally be acquired by Tapestry (Coach) at the 70% cash offer premium to the current share price?

Earnings season in HK is in full-swing… lots of rocks to turn… and I found a number of interesting companies for my watchlist, both among growth as well as absurd-cheap stocks.

Links, references & more

I posted my learnings on the Singaporean absurd-cheap marina operator SUTL Enterprise $BHU.si 👉 here. I also wanted to post a more extensive write-up on a dominant, large-cap, high dividend yield, staples stock in LatAm. That will probably still take some time… There is just too much to look at atm… and the watchlist of interesting ideas is still growing.😬