This week, I made a purchase of 15,000 shares of Kingsmen Creative at a price of $0.98.
After recently adding Silverlake into the portfolio (Link Here), I am delighted to add another company that fits into my criteria of strong business moats, high free cash flow generating capability, strong Return on Equity figures, and a superb strength of the balance sheet. More on those will be explained in a short while. This adds into the collection of similar companies I had in my portfolio that fits into the same criteria such as CMPH, Vicom, Silverlake, Nam Lee Metals, etc.
This analysis and decision was made after talking to a fellow blogger and good friend on the qualitative and quantitative nature of it's business, including how they operate as a business and how the market perceived to value these sort of industries.
If you have been following the ......