Photo by Ben Zvan

..adding stock to my Stock pick model portfolio today

Our analyst Chong Yi and I met the management of Hock Lian Seng yesterday (Chairman, ED and CFO). Having not met them before we wanted to use the meeting to both update ourselves on the company and also to assess management.

The meeting was good and I came away feeling that they were conservative and sincere…..but a little inexperienced in terms of meeting analysts and investor expectations (but this can only improve with time).

Bearing in mind that we are passed the FY2009 year end and with their results due in late February 2010, we steered away from price sensitive information and focussed more on the broader fundamentals and outlook.

Our analyst will update his company visit report (watch for it). For me the key takeaways from the meeting were: Read more…