Five things on this
week, month,Week & Mth:
- PH on Friday
- Paycheck’s week!
- Buying more ugly monsters!
- Blog Upgrading !
- First dividend payout month! Expecting : $44.75
Hong Fok Corporation Limited
Conclusion time – Yes, you didn’t read wrongly, it’s time for conclusion! This is one of the counter that doesn’t required much explanation. I believe so:)
- Mkt. Cap. = 743M.
- Investment property – Total liabilities = 1.3B!
- So the different of the two figures = 553M, and that gives a upside of 75%! WOW! So now you see it, what are there more to analyse?
Then why isn’t the market react to it? No BS Market inefficiency explanation. A few things to point out – first, look at the big fat remuneration the management is getting! Somewhere about $18m for 2014. And look at other companies that are in the same industry:
Sim Lian = $13.5M,
Metro = $10.4M,