YTD and COVID performance I have been a bit busy in work during the COVID mayhem, so I haven't been writing for a while. I'm down 10,4% YTD. Those leveraged retail and restaurant plays in Outre-Mer territories and Portugal going in almost got better of me. I was down over 30% at worst with almost … Continue reading YTD returns, portfolio rundown (and story about boss)
Boustead Projects
Update: Emerging Asia growth play Boustead Projects
Bought more Boustead Projects today @ 0.905 to 8,0% positionHigh quality industrial building design and build service provider from SingaporeHas done design and build projects since 1996 to "high value" industrial buildings and thus has competitive design and contracting operation that can win projects over timeUnderstood that the expansion to overseas will happen through JVs, … Continue reading Update: Emerging Asia growth play Boustead Projects
Boustead Projects: NAV discount with catalyst
I recently bought 2,5 % position in Boustead Projects. The business operates from Singapore, so I'm quite far away from my self imposed North Europe mandate. I didn't do much research on it though, because the idea is so simple. Firstly, Boustead Projects' net financial assets, including real estate and real estate development JVs measured … Continue reading Boustead Projects: NAV discount with catalyst
backoftheenvelopeinvesting 