Hong Kong

Emperor Watch – An Undervalued Entity

[caption id="attachment_676" align="aligncenter" width="1280"] Emperor Watch & Jewellery stores line the streets of Hong Kong where tourists and locals abound.[/caption]   Emperor Watch - In my previous musings on investing and life, one of the topics which I wrote about was the idea on valuation. While one can do fancy valuation on a company, it is an extremely subjective exercise at times that can be fraught with inaccuracies. The reason why Buffet does it so darned well in my opinion is because his mental models allow him to validate the value that he is putting on the company. If you are up to Buffet's level of genius, sure, by all means do and invest in what he does. But if you feel that you may be lacking in that department, it may be wise to take another approach. Which is to look at companies through the lens of statistical cut off points. The frequentist in me looks for value through those very filters. And then, the deep dive into the annual reports before puling the trigger. (more…)

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Oriental Watch Holdings

If you are in Asia and you consider yourself a value investor, Hong Kong is a great place to find bargain companies at more than fair prices. And that hunt begins in Hang Seng Index. Although the index, a representative of market performance has held its ground at 23700 levels with respect to global indices, our screens have begun to show a number of candidates worth considering. (more…)