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Hong Fok
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huangyuanhe
Supreme |
08-Mar-2017 17:10
Yells: "666" |
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Looking for value I believe.
I am targeting F & B stocks now. The Asia Food Chain Supply is very important to this part of the world. North Asia <- -> SE Asia <--> Australia NZ food supply chain and connection E.g. China supplies garlic to SE Asia, Philippines supply bananas and tunas to the region including Japan, and Australia export diary products and meat as well as seafood to the rest of Asia. Japan, Taiwan manufacturing the instant noodles. Food Industry in Asia is going to be a big economical growth engine.
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paul1688
Veteran |
08-Mar-2017 17:00
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Yup. I can relate to your observations. It does appear a no.of significantly "undervalued" companies (B Semb, Sing Holdings, now HF) are being accumulated. Interesting to see if this is start of a new valuation range or another temporary market action.
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huangyuanhe
Supreme |
08-Mar-2017 16:56
Yells: "666" |
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Nowadays we posted questions here nobody replies to our posts.
I think funds looking for "under valued" stocks. Hong Fok under valued for a long time. If you free, take a look at QAF. It is like A buying from A or A selling to A. Very unusual.
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paul1688
Veteran |
08-Mar-2017 16:51
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Wonder what is going on at Hong Fok. Quite an uncommon price spike in a day. Don't see any news. The privatisation story did not do much in the past. Something amiss? | ||||
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