He's on his way home

He's on his way home

Wednesday, August 12, 2015

Added M1

Added M1.

At $2.95 currently, PE 15, 6.3% dividend yield, its looks at fair value.  I am also cautiously optimistic that M1 will get its fair share of the smart nation project.  Personally I find the fears of the 4th Telco overplayed. Essentially I view M1's growth narrative optimistically and I still have faith in its economic moat over its current biz and market share. Hence I decided to add this to my portfolio.  Of courses, there are risks. I am taking a calculated risk.

My portfolio now comprise:

1. China Merchant Pacific
2. Naratel
3. TTJ
4. Sports Toto
6. Saizen

7. Accordia
8. IREIT Global
9. M1

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