2 Dirt Cheap HK Stocks ðŸ‡ðŸ‡°
With big chunky dividends.
Welcome to another edition of ROE The Boat.
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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.