Cogent Holdings Limited (KJ9)
Equity: Cogent Holdings (SGX: KJ9)
Business: Logistics Management Servicde Provider
Markets exposed: Singapore, Malaysia
Stock exchange: SGX
Purchase price: 0.610
Purchase month: December
10% per annum:
I believe that Cogent can easily provide returns exceeding 10% per annum in the long run through both earnings growth and valuation increment.
On top of capital appreciation, Cogent has also been a consistent dividend payer for the past 5 years.
Introduction:
Cogent Holdings Limited and its subsidiaries ("Cogent") started as a family business providing point-to-point cargo transportation with a small fleet of trucks in the 1960s. Today it has grown into one of Singapore's leading logistics management service providers and a highly regarded listed company with a broad-based clientele that ranges from large local companies to multinational companies.
In terms of Geography, Cogent operates predominantly in Singapore and in Port Klang of Malaysia.
Considerations:
1) Corporate Governance:
With ......