Hotung, Venture and Singpost.

Hi Ak,

I was looking for high dividend yield coys for investment. Three coys caught my attention. What is your view about hotung investment, a Taiwan based VC. I understand the coy is in a net cash position, and been giving consistent dividend about 7 to 8%. Why the price of the stock is undervalued and at a discount?

The other two are venture corp and sing post.

Venture corp - a well managed coy providing consistent high dividend yield. Recovering from poor performance, and has added a new product mix - 3D printing. Do expect the coy to continue giving consistent good dividend.

Sing post, reasonable dividend yield, giving quarterly dividend. A coy that may grow with e- commerce which has growth potential.

Will you consider adding these coys to your portfolio? If yes or no, why?

Thank you for your time. Enjoy reading your blog.. which is getting more and more popular.

Cheers
P

My reply:

Hi P,

I know nothing about Hotung and Venture. :(
However, thanks for pointing them out to me. I will look at them if I find the time and inclination to do so. In the meantime, if you would like to guest blog your analyses, you are welcome to do so. :)

As for Singpost, yes, I have looked at it. I want to make sure that its efforts in diversification will work out. I think it is still early days and, so far, its efforts has burnt a lot of cash. We are seeing revenue improvements but at the expense of margins. We will really need a bigger volume in a lower margin business. Will we see the volume? I think the jury is still out on this one.

Best wishes,
AK

If anyone has any thoughts on these three stocks, please share generously. Thank you.