tag:blogger.com,1999:blog-25714039.post6074599862257637475..comments2023-10-26T00:17:28.411+08:00Comments on A Private Portfolio: Monthly Review - February 2011traineeinvestorhttp://www.blogger.com/profile/05179861120801348035noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-25714039.post-5486074579900275812011-03-09T20:17:47.530+08:002011-03-09T20:17:47.530+08:00Hi JD
I liked the last interim from Tai Cheung. ...Hi JD<br /><br />I liked the last interim from Tai Cheung. The NAV discount remains substantial and is more than I would expect it to be, especially given market conditions. That said, it may well be an exercise in patience while we wait for some of that value to be unlocked. Most likely it will take asset sales to achieve that result. <br /><br />Given that I have substantial investments directly into HK real estate, adding more HK real estate companies is probably not a good idea from a diversification standpoint. That said, I'm a sucker for stocks with clean balance sheets selling for less than the value of their assets.<br /><br />Yes, I do intend to continue the blog post-retirement. Spending time on my finances becomes more important in retirement given that, by definition, I lose the comfort of having job related income which is higher than my living expenses.<br /><br />Cheers<br />traineeinvestortraineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-43473563174629824742011-03-02T02:27:14.751+08:002011-03-02T02:27:14.751+08:00Whats your view on Tai Cheung at the current price...Whats your view on Tai Cheung at the current price? It's still at a nice discount to NAV and the last "six months financial report" showed good earning. Selling their Chung Hum Kok and/or Plunkett Road or some of their non-residential properties might narrow the price-NAV gap? <br /><br />Does your blog continue post-retirement?<br /><br />Best of luck with your plan to retire in <1 year!JDnoreply@blogger.com