Dickson Concepts (International) / 迪生創建(國際)有限公司 (SEHK:113)

Dickson Concepts is a profitable, dividend-paying business that generates free cash flow. It does not have the issue of collecting trade receivables as well. It reminds me of Singapore's FJ Benjamin. Founded by Dickson Poon (53% share ownership), Dickson Concepts is a distributor for many luxury items such as watches, leather goods, fashion products, fragrances …

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Check out Beauty Community PCL

Dear friends, I will be away for 5 days to understand about Thailand's culture and business practices. The guys from Precession Effect will meet me there. Thailand has roughly a population of 68mil and most of them are rice farmers living in rural areas. The domestic consumer demand is strong, and there are a lot of …

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Interesting MV for Asahi’s Cafe Latte Water!

Check this music video out... it is so entertaining and full of character! https://www.facebook.com/asahiinryo/videos/1714278225297608/ Straits Times covered Asahi Group in two separate articles: FairPrice to bring in more stocks of sold-out Japanese transparent milk tea. After clear milk tea, Asahi introduces transparent coffee in Japan. Will their milk tea be a fad or something more …

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Turnaround Stock: Auric Pacific (SGX:A23)

This is a stock that I previously bought because I managed to focus on the cash flow of the business, apart from its earnings. It was delisted via privatisation. Management and Business Model Auric Pacific (“Auric”) was previously a listed company on the Mainboard of Singapore Exchange. Its reach is in Singapore, Malaysia and Hong …

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Straco Corporation (SGX:S85)’s Q1 FY2018 Results

A reader asked me: "Kelvin, what do you think of Straco's latest results? Straco owns Singapore Flyer, Shanghai Ocean Aquarium, Underwater World Xiamen and others. It seems like what you've described, they have operational leverage. It dropped a lot this quarter..." Straco is a highly respectable tourism owner and operator, backed by China's state-owned group called …

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IRC (SEHK:1029) – 鐵江現貨有限公司

This is a stock that presents an opportunity as a major shareholder is selling out aggressively and urgently for a non-fundamental reason. <<vested>> Business Description IRC is the owner and operator of a few mines selling iron ore and ilmenite to customers. SCMP covered this company under Weak rouble and strong dollar are godsends for …

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Transition Phase of Walt Disney Company (NYSE:DIS)

Walt Disney is no stranger to us. Their business units are cable (ESPN), Broadcasting (ABC TV network, TV stations), Parks and Resorts (international and local), Studio Entertainment plus Consumer Interactive Media Segment. How do they synergise together? In the words of Chief Financial Officer, Jay Rasulo: “... unlike other media companies, we really do have …

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