I like this stock as a Vietnam play and good management tapping into the domestic Vietnam market, the world's fastest growing economy.
Keinhing got Japanese partner at Vietnamese cost. Look into the accounts and expansions in Vietnam. They got their formula., and experience.
this company gives excellent exposure to Vietnam and a head start. Vietnam is the fastest growing economy in the world and everyone in Vietnam will do well.
good management, good business model, everybody can understand....and new Vietnam households will love it....even Warren Bufett will buy this stock.
This is one of those rare gems one come across only very rarely. Valuation. How much you pay for growth? The rule of thumb is....if it can grow at 20 -25 % pa, for the foreseeable future, it justifies a a PE of 20 - 25. I look forward to $2 to $ 2.5 within this year.
where the 25% growth comes from? Vietnam, of course.....and don't forget, they can do a Geshen on Keinhin and buy back all the non controlling shares of the Vietnamese subsidiary through the issue of shares from the Japanese through the issue of shares
no need to be impatient or fear. Just relax and no need to average. This kind of stock at this level is better to top up when cross new high than to average at this level. That way you will not be shaken out unnecessarily.
70% of Keinhin is held by management......this is a good level to start buying. it pays out $ 1m in dividends even when company is still at growth stage because management holds 70% of the shares.
Keinhin, small cap stock with no institution investors. what is happening is just someone decides to take some profits or to cut losses. This is just normal for such stocks. But with 70% held by directors, and good fundamentals, it will not be long before it goes up again.
electronic factories are rushing from China to Vietnam where wages are 1/3. even Malaysian average wage already lower than China. with all these new eletrical and electronic factories, Keinhin has unlimited opportunities...not just gas stoves but all kinds of consumer products., intermediate goods and industrial products.....metal fabrications is very versatile one once the economy is booming.
no director selling detected. if you see director selling, you should sell....otherwise it is just normal behaviour for a share that has over shot for the time being. just resting.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dalpinia
2,299 posts
Posted by dalpinia > 2016-01-12 09:25 | Report Abuse
worth to keep long term....