30-07-2014, 11:40 PM
I've actually re-visited this idea multiple times. But I gave up. Its in the too hard pile.
Firstly, 25% of China based companies on the SGX have been de-listed or suspended. Secondly, even fund managers like Anthony Bolton with a team of analysts couldn't pick it up.
Can you make money sure?
But you won't be sleeping easy at night.
If a whole team of lawyers, analysts, fund managers and auditors have such as low success rate... one must assess his own probability you will be the one who can spot it.
I myself decided it was just not worth the time. Your mileage may vary. If you decide to go down this route, the best of luck to you!
Regards,
theasiareport.com
Firstly, 25% of China based companies on the SGX have been de-listed or suspended. Secondly, even fund managers like Anthony Bolton with a team of analysts couldn't pick it up.
Can you make money sure?
But you won't be sleeping easy at night.
If a whole team of lawyers, analysts, fund managers and auditors have such as low success rate... one must assess his own probability you will be the one who can spot it.
I myself decided it was just not worth the time. Your mileage may vary. If you decide to go down this route, the best of luck to you!
Regards,
theasiareport.com
(30-07-2014, 10:11 PM)Bubbachuck Wrote: Hi,
As a value investors, we like to find unloved and undervalued stocks that have a lot of values in them and have the potential of becoming a winner in the long run.
I am still new in investing and I was not in the investing world yet when the S-Chips frauds happened. But still, I don't believe that all S-Chips are dis-honest and not trustworthy. So, I started this thread to have your list and opinions on the unloved S-Chips that are undervalued with a lot of values in them.
Here's the two on my list:
- Sino Grandness
- China Sunsine
http://theasiareport.com - Reflections From Finding Value In Asia