Anonymous
Am interested in buying them but i am still researching more about the companies. Any thoughts or advice regarding this is greatly appreciated :)
2
Discussion (2)
Learn how to style your text
Reply
Save
Hi Anonymous, my quick thoughts on the company are that they have a strong business, generate consistent free cash flow, pay stable dividends, and have a great balance sheet. Are you looking at anything in particular? Disclaimer that I own shares in both iFAST and Straco.
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Posts
Straco operates tourist attractions in China and Singapore. Straco bought Singapore flyer at a cheap price, therefore they are likely to recoup their full capital with 1-2% returns before the lease is up. The company is fairly prudent and uses low debt to finance purchasing new tourist attractions. However as I do not see them owning anymore attractive attractions, current valuation seems stretch to me. Its a dividend stock which will not give dividends forever because its attractions are on less than 30 years lease, which means they need more money to renew their attractions' land tenure