Portfolio
Portfolio update November 2022
Monster results from MAP Aktif plus tailwinds from a weaker US Dollar. Estimated reading time: 25 minutes
Links
Monday morning links 🔗
Codan, Geely, Dairy Farm International, Casio Computer
Australia/NZ
Codan (CDA AU)
Australian metal detector producer selling ”picks and shovels in a gold rush”
Deep-dives
Dairy Farm late-2022 update (DFI SP)
Health & beauty benefitting from a HK-China border reopening but weaker post-COVID grocery profits. Estimated reading time: 14 minutes
Links
Monday morning links 🔗
Tabcorp, Bukalapak, Bursa Malaysia
Asian Century Stocks annual 2022 survey
Thanks for your continued support
Australia/NZ
Tabcorp (TAH AU)
Australian wagering monopoly recovering from COVID-19, helped by new regulation
Links
Monday morning links 🔗
Kaveri Seed, Chinese property developers, Mark Mobius's new book
Thematic reports
Inflation-protection provisions are inadequate
Thoughts on inflation inspired by Mark Mobius's new book. Estimated reading time: 18 minutes
Links
Monday morning links 🔗
PAX Global, October portfolio update, Asian shipbuilding
Thematic reports
Shipbuilding 101 ⚓️
The shipyard industry is cyclical and competitive. But supply has shrunk significantly while demand is picking up. Estimated reading time: 24 minutes
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