My last few stock purchases have turned in relatively good performance over the past 6 months.
Chu Kong Shipping ---- I like the Company and sees the value in its assets. At the present price of HKD 3.00, my return on the 5m shares would be more than 110%.
Man Wah ---- This used to be a Singapore listed company. They delisted and went to Hong Kong. I went to their Huizhou factory during my PRC trip in 2012. I like what I saw and heard. Spent some time to study the business model and bought the shares at below HKD 5.50. The stock has already gave me good returns to date this year.
I would be selling both stocks if they moved up by another 10-20%, to my expected returns.
Will be spending more time in PRC during Sept-Oct. Hope I can find more fundamentally good companies to share.