125terencewongTerence Wong (left) is the head of research at OSK-DMG. For how his model portfolio started out in July 2010, read: TERENCE WONG: 'What I would buy with $1 m'


My Model Portfolio popped up 1% over the week, thanks to a strong showing by CWT.

The logistics and commodity marketing company released a set of strong numbers for its first quarter last week.

Since coming on-board two weeks ago, the share price has gone up by 14%.

Another company which did well following a strong quarterly earnings release was shipbuilder Nam Cheong, which popped up 2.7% over the past week. 

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♦ Hankore, which saw its share price dive following rumours of a probe on China Everbright, also released its results.

Taking away the one-off non-cash fair value loss of CNY130m (no impact of cashflow), the core earnings of CNY88m came in largely within expectations.

Having spoken to management, we believe that the deal is likely to materialize. The current share price has already priced in a no-deal scenario, which provides a margin of safety. 

Recent story: LIAN BENG to gain $23.3 m; HANKORE stock price implies no CEI deal
 

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