Tong Kooi Ong blogs A good and safe bet
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Tong Kooi Ong blogs A good and safe bet
Tong Kooi Ong blogs A good and safe bet |
Business & Markets 2013 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Wednesday, 20 November 2013 10:20 |
The underlying assets are excellent and will gain values over time, much faster than inflation or bond yield. The Management is conservative and has a good track record. The Company is cash-rich and can easily withstand any economic slowdown. Operating costs are prudently managed.
Yet, it is trading at a very cheap valuation. There is no imminent competitive risk to the Company.
It is one of the few cases where you can invest and sleep soundly.
Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.]
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