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DA Article Expo Module
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| LUMIERE CAPITAL: "High opportunity cost from staying bearish now" |
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Written by Victor Khoo & Wang Yu Liang (Lumiere Capital)
Sunday, 22 January 2012 07:10
 THE RAPID decline in stock prices in the second half of 2011 presented huge buying opportunities for the fund, and we have been deploying our capital in a measured pace to invest in these undervalued companies. Our recent purchases are of good growing companies trading at low single-digit P/E ratios, and at a 60% discount to intrinsic value. Read more.... |
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