Shares & Derivatives
Company prospecting process: Maxi-Cash, Multi-Chem, Hotung, Overseas Family School
By Sillyinvestor  •  May 11, 2020
Duringthe CB, I have a lot more time. I did some active prospecting. Lets get to it. The criteria I used for screening is dividend yield, I set it at 7%, i then look at companies who are still profitable. When I read the companies' businesses, I then decide if it is sustainable, at least after this Covid 19 Several construction cum prooperty developers are giving juicy yield, like KSH and CES. However, they are expanding into hospitality sector to diversify, and I am rather worried about the hospitality sector. First of all, we know Covid19 affected the tourists number, beyond that, air BnB is also a problem. Unless you are an established luxury hotel manager, I would think air BnB is a direct competition to mid-tier short term stay. So I pass. Other companies that I think might be badly affected are Avarga etc Maxi-Cash 1) Yield is high, and I believe it will...
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By Sillyinvestor
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