Investment Advisory

Our research process involves a combination of top-down evaluation as well as bottom-up analysis.

We evaluate a company based on quantitative and qualitative factors as we believe investment is a mixture of science and art.

Quantitative

1. Sturdy Balance Sheets & Cash Flow

  • Low Net Gearing
  • Account Receivables Turnover
  • Inventory Turnover
  • Healthy Operating Cash Flow

2. Positive Earnings Dynamics

  • Commendable Revenue & Earnings Growths
  • Dominant Market Share or Niche position in the Sector
  • Decent Profit Margin with Strong Pricing Power

3. Attractive Valuations (vs Peers) 

  • Low P/E
  • Low P/B
  • Dividend Yield
  • Other valuation metrics

4. Technical Analysis 

Qualitative

1. Attractive Business Model  

2. Major Trend or Business Cycle

3. Corporate Governance and Management

  • Good Integrity
  • Capable & Focused
  • Significant Equity
  • Interest & High Sense of Ownership

3. Operational Efficiency

4. Company’s Competitive Edge against Peers

5. Investor Perception of the Stock

Scroll to Top