Thursday, September 5, 2019

Rivera (HK)

I bought this counter few months ago.

Currently the market cap is around 1.26 billion hkd. However, this value is even lower than the total current asset based on the Half Year Report, and the cash position itself is more than 1 billion hkd.

Even though the profit has low chance to grow, current return with high dividend payout is a good reason for me to hold and even buy more.

DYODD.

Cheers.