Robert stakes4.16Robert Stone's shareholdings as stated in the annual reports of Dutech and China Sunsine.
Compiled by NextInsight
Attracted by some fundamental reasons, many investors buy into a stock only to dump it months or perhaps a year or two later when the price action continues to be lethargic.

Robert Stone is different in this respect, going by his yearly accumulation of the shares of China Sunsine, which is not exactly a well-known S-chip.

He is also into Dutech Holdings, an S-chip with even less recognition power. See chart.

stone yiping9.14Robert Stone with Tong Yiping, the CFO of China Sunsine, during a visit by analysts and investors to the company. NextInsight file photo.In the top 20 shareholder list of the just-released 2015 annual report of China Sunsine, Robert owned 11,550,000 shares.

They are worth about S$3.92 million at the recent share price of 34 cents. 

As for Dutech, Robert owns 23,250,000 shares worth S$7.79 million (recent share price: 33.5 cents). 

These two companies share several characteristics, including: 

♦ Operating out of China, they are among the top global players in their industries, and continue to sharpen their competitive edge.

♦ Their customers are global names.

♦ They are profitable and have strong balance sheets.

♦ They are trading, and have been trading, at oh-so-cheap valuations. (
So what does the market know? Or is it dumb?)


For more on the two companies, see: 

 

♦ Asking Robert
 Q: The businesses of Dutech and China Sunsine have continued to perform well but their stock prices have not. I know of shareholders who are disappointed and potential investors who are uninspired.  How do you make the case (at least to yourself) that these stocks were good for further accumulation last year?   

A: I am less concerned about how the share price performs in the short term than what I think the prospects are for the business in the long term. Eventually if a business does well consistently over the long term the true value of the business will be reflected in the stock price. For me that is a matter of faith but is also something I have learnt from experience.  Both Dutech and China Sunsine are doing well as you note and the fact that the share price has not only makes it more attractive for me to accumulate more.    

Q: Would you name three other stocks that you hold in significant quantities? 

A: Assuming you mean the SGX, three other companies are Darco Water (5.4 million shares), SHS Holdings (3.45 million shares) and Sunmart (27.2 million shares).


For more on Robert's investing views and experience, see:  

Share Prices

Counter NameLastChange
AEM Holdings3.470-0.120
Avarga0.250-0.005
Avi-Tech Electronics0.435-
Best World Int.1.360-
CEI0.915-
China Sunsine0.4350.015
CNMC GoldMine0.3000.005
CSE Global0.460-
Food Empire0.5900.005
Golden Energy0.1550.004
GSS Energy0.0530.003
ISDN Holdings0.390-0.015
ISOTeam0.149-
IX Biopharma0.255-0.005
JB Foods0.560-
KSH Holdings0.330-
Medtecs Intl1.140-0.040
Moya Asia0.066-
Nordic Group0.215-
Oxley Holdings0.225-
Procurri0.290-
REX International0.136-
Riverstone3.700-0.010
Roxy-Pacific0.345-
SingMedical0.2600.005
Sri Trang Agro1.390-
Straco Corp.0.480-
Sunningdale Tech1.640-0.030
Sunpower Group0.5900.010
The Trendlines0.0890.001
UG Healthcare0.910-0.010
Uni-Asia Group0.405-0.005
Yangzijiang Shipbldg0.9750.010

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