2 Dirt Cheap HK Stocks

With big chunky dividends.

Welcome to another edition of ROE The Boat.

Thanks to all those who have recently become paid subscribers.

For this issue we’re sailing back to Hong Kong to highlight two dirt cheap stocks.

The first company is a growing founder-led business with a solid balance sheet, high returns on capital, 8% dividend yield - yet is trading on a single digit P/E (there’s also a potential catalyst coming which could result in a re-rating).

The second company is an overlooked 40 year old family led operation with no net debt, 10% dividend yield, and is trading at an -80% discount to NAV.

Let’s dive in…

Please note: this article should act as an introduction to the companies mentioned and is not a complete deep dive. Make sure you do your own research before investing in any company mentioned in this newsletter.