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David Webb's Portfolio - 2019

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  1. #31

    Join Date
    Dec 2018
    Posts
    636
    Quote Originally Posted by AsianXpat0
    Fat lot of good that did with Hsin Chong and Lerado, to name two examples off the top of my head.
    Good point. Ditto many very large companies: Bre-X, Worldcom, Enron, Swiss Air, Parmalat, Kmart, China Metal Recycling and any number of banks/brokers.

    Being subject to listing, audit and other requirements doesn't remove the risk of fraud - only make it less likely and harder to conceal.

  2. #32

    Join Date
    Oct 2019
    Posts
    1

    Perhaps have a look at Cosco Shipping Int 517 HK as well. Share price at half the net cash. Minimal debt. 1H core profit up 30%. Dividend yield more than 8%. Provide shipping related services to Cosco Group.


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