I am going to pre-empt a response to this blog and say that although I am known more as an investor for income, I also invest in stocks which are not for the purist income investor.
To my regular readers, this would be quite apparent in many instances. So, by revealing that I bought into
Guocoland recently would not surprise them.
Guocoland is a developer with businesses in Singapore, Malaysia, China and Vietnam. They also have some exposure to the U.K. and Australia through a 27% stake in
Eco World International, helmed by Mr. Liew Kee Sin who left
SP Setia after it was bought out in a hostile takeover in 2014.
Guocoland recently got my attention because of a series of insider buying by Mr. Quek Leng Chan. Of course, I do not know exactly why he was buying but Peter Lynch said if insiders buy, it is usually because they think they will make ......
