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Cosco 517
By Sillyinvestor  •  March 8, 2020
This is my second overseas investment. However, it is my maiden investment into Hong Kong exchange, my first is GA pack also in Hong Kong and both were purchase within the same fortnight. I shall like pictures tell the story of what I bought. Maybe u can pinpoint the main reason why I think it's a good deal. This is the story or business part. The numbers part is below. Which numbers do u think catch my attention? ....... ...... The numbers is interest income or finance income proportion to operating income, and u can understand the risk of this business. Unlike YZJ whose finance income come from riskier HTM investment, 517 income come from bank deposits. Shipping is a scary industry, but 517 is the back support service of this industry, sparing it from the vaguarlity of containers rate, port utilization, etc. Also, one way to play this...
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By Sillyinvestor
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