Remember the Asian Crisis of 97..Do not miss the boat again!!!

Dongdaemun
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15 years 4 months ago #922 by Dongdaemun

Replied by Dongdaemun on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

wow, 3 months have passed by since Gary started this thread with a call to remember the Asian crisis. Not too far off the mark, as the markets have been positive in the last couple of weeks. will the dance pick up tempo ahead of the Jan 22 Singapore budget and of course the Obama inauguration on Jan 20? i bet it will

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Tony Adams
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15 years 3 months ago #936 by Tony Adams

Replied by Tony Adams on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

RBS just placed out 2.3 billion worth of Bank of China, I heard the shares went to many rich people in Singapore and Hong Kong. The power is shifting from the Ang Mos to the Chinese now. Fully agreed that we should not miss this chance of a lifetime :laugh: :laugh:

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lawz
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15 years 3 months ago #949 by lawz

Replied by lawz on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

Hi Gary, Any good counter to recommend?

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MacGyver
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15 years 3 months ago #955 by MacGyver

Replied by MacGyver on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

Hi Lawz; Companies with good recurring cashflows, ample cash on hand and minimum capex in 2009. These are the companies that I would be looking out for. At least, I know they will survive the winter. Some companies to put into your radar screen; 1) Design Studio 2) Eu Yan Sang 3) Li Heng 4) Sihuan 5) China Milk 6) Yangzijiang 7) China Essence Good luck

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lawz
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15 years 3 months ago #958 by lawz

Replied by lawz on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

Hi MacGyver, Thx 4 the advice...

Cheers

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musicwhiz
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15 years 3 months ago #959 by musicwhiz

Replied by musicwhiz on topic Re:Remember the Asian Crisis of 97..Do not miss the boat again!!!

MacGyver wrote:

Hi Lawz; Companies with good recurring cashflows, ample cash on hand and minimum capex in 2009. These are the companies that I would be looking out for. At least, I know they will survive the winter. Some companies to put into your radar screen; 1) Design Studio 2) Eu Yan Sang 3) Li Heng 4) Sihuan 5) China Milk 6) Yangzijiang 7) China Essence Good luck

Hi, Any particular reason why 5 out of the 7 recommended are China-based companies ? Could there be the ever-present problem with corporate governance issues relating to China companies ? Also, from what I understand, Eu Yan Sang is not doing too well and has reported stagnant to lower profits recently due to the slump in retail spending. The shops that I\'ve passed are frequently empty and from the look of the store decor, they seem to be spending quite a bit on capex for their stores and rentals should be quite high due to good location. So how can the company mitigate this and ensure steady earnings and cash flows in future periods ? No comment on Design Studio as I do not know the company well, but would you happen to have other Singapore companies to recommend with good cash flow and prospects which can tide through the downturn ? Thanks.

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