(15-09-2013, 01:11 AM)karlmarx Wrote: [ -> ]A really informative video. Any more of these?
There are two more video clips by Mr Yeo.
Why Yeo Seng Chong Favors Family-Owned Companies in Asia
Sun Hing Vision (Hong Kong: 125): Case Study on Family-Owned Companies in Asia
Source :
http://www.beyondproxy.com/tag/yeo-seng-chong/
Mr. Yeo and the interviewer will surprise that the viewers have more interest on the bookshelf behind than the interview content...
Thanks for sharing, Mr. cyclone
The Power of Community : How Mr Yeo's Book Collection Revealed. Thank you all.
similar to Sir John Templeton, Mr Yeo is very commendable in generating market beating returns while restraining from investing in 'sin' stocks (gaming, alcohol, tobacco, etc).
BTW Aggregate Asset Management, the fund management firm where Teh Hooi Ling recently joined, was formed by Yeoman alums
Thank you for sharing Cyclone!
P.S: found the following Mr Yeo's interview transcript on Yeoman's website. The interviewer is Teh Hooi Ling
http://www.yeomancap.com/images/pulses.pdf
very informative indeed. Thanks for sharing.
What are some of the companies that can fit the criteria? Good sound, honest, competent management, regular dividend payouts, etc. I can think of only OKP Holdings so far. Any others?
Much room for improvement for boards in looking after shareholder interests
https://www.straitstimes.com/business/mu...-interests
"...Perhaps it is time to follow the practice in New Zealand, where directors seeking appointment must justify their suitability to shareholders before assuming their positions."
(08-09-2023, 05:08 PM)dreamybear Wrote: [ -> ]Much room for improvement for boards in looking after shareholder interests
https://www.straitstimes.com/business/mu...-interests
"...Perhaps it is time to follow the practice in New Zealand, where directors seeking appointment must justify their suitability to shareholders before assuming their positions."
I believe Towkay and his friends will be reasonably annoyed to have to pitch themselves like in a job interview
The market was made for companies, and not the other way around.
New Zealand
GDP ~ 250bil USD
Stock Market Cap ~ 132.2bil USD
Stock Market Cap-GDP ratio = 0.52
Spore
GDP ~ 397bil USD
Stock Market Cap ~ 600 bil USD
Stock Market Cap-GDP ratio = 1.5
US
GDP ~ 23.3 trillion USD
Stock Market Cap ~ 46.2 trillion USD
Stock Market Cap-GDP ratio = 1.98
So, do we want Spore to be more like NZ or US? We have to be careful of what we "wish for". (Personally, I definitely prefer Spore to punch above its weight, and move towards been more like US than NZ!). Many things come in a package. We can't cherry pick what we want and then package them into an ideal (imaginary) solution.
I would rather Singapore moves toward NZ, where a band of directors take good care of OPMI.
Personally, if an economy is riddled with chairman/owners taking advantage of OPMI, where illegal money had purchased assets that is 0.2% of Singapore's GDP and growing, directors who are engaged in share rigging and director who is in illegal business of money laundering, agents telling lies to sell poor deals to consumers, I do not want to be part of it. I would rather Singapore contracts to that of NZ where things are fairer and has integerity
Just my thoughts