66 Comments
Jan 30Liked by Michael Fritzell

Hi Michael. Your newsletter is a fantastic read. Thanks for continuing to share your views. You mentioned recently that you view the Hang Seng Index as one of the best value major markets. Any further views on that? Top 5 stocks in your opinion?

Also any further views on L’occitane?

Expand full comment
Jan 30Liked by Michael Fritzell

Based on your research what is the most undervalued Chinese stock on the market at this time, which will still be around in 10 years.

Expand full comment
Jan 31Liked by Michael Fritzell

Hi Michael. Thanks for sharing such wonderful insights. Why do you think Vitasoy (345 HK) has gone down so much despite the strong brand names of its products? Is there still some earnings power left?

Expand full comment
Jan 30Liked by Michael Fritzell

Congrats Michael on being the gold standard of how a substack stock portfolio should be done! What moaty/slow compounding industrial or specialized product companies do you see in China/Japan? Something like Shimano. Master of some boring niche but improving every year (eg. Atlas Copco for air compressors).

Expand full comment
Jan 30·edited Jan 30Liked by Michael Fritzell

What's your view on the discounts in Asian conglomerates & HoldCos? Any thoughts on 142 HK?

Expand full comment
Jan 30Liked by Michael Fritzell

Hi Michael, no burning questions this time. I would like to take the opportunity to suggest a few deep-dive candidates. These came on my radar as good companies at a reasonably price (not dirt cheap) and also seem to be the type of companies that you write about.

Exotic Food PCL

Mega Lifesciences PCL

PT Industri Jamu dan Farmasi Sido Muncul Tbk

PT Tempo Scan Pacific Tbk

Fraser and Neave Ltd (The Singaporean holding ticker F99, the Malaysian listed subsidiary might also be interesting, but looks expensive right now)

DKSH Holdings Malaysia Bhd

If anybody is aware of any write-ups by other authors about these or has some quick thoughts about these, I would also welcome those. Thanks !

Expand full comment
Jan 30Liked by Michael Fritzell

Any coverage on Indian stock universe - anything you find interesting as the Indian stock market seems to be on fire?

Expand full comment

On Fairfax India, is there any chance the management fee will be reduced in the future. Does the excessive management fee charged by Fairfax India have any cumulative provision, high water mark, or is it just a dead loss to the fund?

Expand full comment
Feb 1Liked by Michael Fritzell

Hi Michael, thanks for the great content. How would you invest in something like the PIMCO 25+ Year Zero Coupon US Treasury Index-ETF from the EU? Any alternatives to what this ETF provides?

Expand full comment
Jan 31Liked by Michael Fritzell

1) How's your portfolio done over the last year or so?

2) Are you short anything?

3) When will you start a fund so I can place some money with you?

Expand full comment
Jan 30Liked by Michael Fritzell

Hi Michael, great newsletter as usual. What is your view on the Japanese stock market? Despite the corporate governance reforms, isn't the stock market driven by the cheap yen as well and low interest rates? Will growth (and value) hold if rates increase in Japan and drop in the US (hence the rest of the world)?

Give us more perspective and details if you have.

Thank you !

Expand full comment
Jan 30Liked by Michael Fritzell

Hey Michael! Thank you for your content! I have a question regarding Sierra Rutile? And the recent drop in share price by more than 50%? Does that mean that the company didn’t get the needed approval from the government?

Expand full comment
Jan 30Liked by Michael Fritzell

Any thoughts on how the liquidation of Evergrande will impact property and capital markets in China?

Expand full comment
Jan 30Liked by Michael Fritzell

Which one country's stock market (in Asia) would you be betting on if you have a time horizon of atleast 10 years and why ?

Expand full comment

Why you don’t invest in Europe as a Swedish, for example in Vistry Group plc ??? How much does it cost Bloomberg terminal annually ???

Expand full comment
Jan 30Liked by Michael Fritzell

Hello Michael

Do you have an opinion on Chongqing Honjiu Fruit (6689) ? It seems to me the stock is a buy at these depressed levels.

Thx

Expand full comment
Jan 30Liked by Michael Fritzell

Michael any plans to one day return to Sweden and you favourite city in Sweden.

Top 3 favourite swedish stocks?

Expand full comment
Jan 30Liked by Michael Fritzell

If you had to buy a property today anywhere in Asia (that you realistically could afford), where and why?

Expand full comment
Jan 30Liked by Michael Fritzell

Hello Michael, I'm a new reader of your insightful and appropriately named Substack missives. Your knowledgeable approach comes at the right time as the Asia, and particularly India opens up to investment opportunities. Could you comment on ICICI Bank which is available as an ADR on the US exchanges?

Expand full comment
Jan 30Liked by Michael Fritzell

As you are based in Singapore, what is 1 good stock you hold for the medium term?

Expand full comment
Jan 30Liked by Michael Fritzell

Hi Michael, thanks for the previous posts. What is your view on SITC International? It's business seems to be focused in East Asia and more recently, SEA. Is their business strategy of having smaller ships but more frequent trips stand a chance against other mega size liner?

Expand full comment
Jan 30Liked by Michael Fritzell

Best books on Asia?

Expand full comment
Jan 30Liked by Michael Fritzell

I think you've said good things about Pakuwon Jati in the past. Do you still like it or have any thoughts on it. Thanks!

Expand full comment
Jan 30Liked by Michael Fritzell

Hello Sir! Any thoughts on Sim Leisure? Malaysian theme park developer and operator listed in Singapore. Thanks!

Expand full comment
Jan 30Liked by Michael Fritzell

Any thoughts on GDS Holdings? Debt is the obvious risk, but I like their international business which has exposure to the offshore growth ambitions of Chinese cloud providers. Currently raising external equity for the international business, which should shed light on value.

Expand full comment