May i enquire if your portfolio include any chinese stocks, such as Ping An Insurance for instance? Also, what do you think of Jardine Matheson at current levels? Thanks
Guy, thank you for your response. I share your sentiment and have also added JM recently following the share price decline. The company had managed to grow its NAV from US$80/sh just prior to covid to about US$100/sh as of the last reporting period. Yet during that same period its share price has declined from US$60/sh to US$40/sh currently. Going back further 20 years, its NAV was US$10/sh. Perhaps a lot of the negative news have been priced in, and yes the dividend is becoming attractive too. Thanks for your insight.
May i enquire if your portfolio include any chinese stocks, such as Ping An Insurance for instance? Also, what do you think of Jardine Matheson at current levels? Thanks
Guy, thank you for your response. I share your sentiment and have also added JM recently following the share price decline. The company had managed to grow its NAV from US$80/sh just prior to covid to about US$100/sh as of the last reporting period. Yet during that same period its share price has declined from US$60/sh to US$40/sh currently. Going back further 20 years, its NAV was US$10/sh. Perhaps a lot of the negative news have been priced in, and yes the dividend is becoming attractive too. Thanks for your insight.