Shares & Derivatives
HongKong Land – Good investment at 67% discount to book?
By Financial Horse  •  October 9, 2019
  I recently added HongKong Land to the FH Stock Watch. It’s been a stock that I’ve been following for a while, and one that I’ve been very interested in, for the very simply reason that its valuation is dirt cheap. It holds prime real estate in the CBD of Hong Kong and Singapore, and is trading at 0.33x book value. Surely I’m missing something here, or this is the best buy of the decade? Basics: What is HongKong Land? HongKong Land is a property developer. Think of something like Lendlease or CapitaLand or Mapletree, replace the Temasek with Jardine Holdings, remove the REITs platform and the private funds, and you get an idea of what Hong Kong Land is....
Read the full article
By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance