Cementing my analysis on Conch Cement
Conch Cement - Boring companies Galore After applying my newfound method of automated stock screening into SGX, my interest zoomed towards Hong Kong market and US market. Although I have no expertise in market timing, the fruits of my research coincided with the recent market correction and I am trying to see if there are good performing businesses at a more attractive price. Looking through the podcasts of ValueInvestAsia, I got wind of aastocks which is a powerful HK stock screener tailored for the Value / Fundamental Analyst. I shall not disclose my list of stocks that were picked up in my screens as I am still trying to discern what makes sense and what is not. But one thing is for certain. The sheer variety of companies as well as number of listed entities are much more populous and varied compared to the limited variety and number in the local scene. Aswath Damodaran is right in the sense that if I know nothing about the companies, I can more objectively value it accordin