Jardine Matheson (JMHLY)

A Conglomerate based in Hong King. He finds conglomerates too complicated.

(Market Call Minute.) Has owned this for about 10 years and will continue to own it. They are throughout South East Asia, so it is his proxy.

(A Top Pick Jan 15/16. Up 4.76%.) A big conglomerate that has been around since the 1600s. They are into everything in south east Asia and are really good allocators of capital. He is buying more at this price, because it is really cheap.

A Hong Kong company, based in Singapore and listed on the Singapore exchange. They own 83% of a company called Jardine strategical. They also own a lot of brands. Trading at about 14X earnings with a 2% dividend yield. You have to look at this company on its NAV, not on its earnings, because it is a conglomerate. You can probably get to a $48-$50 price target on NAV. The stock is trading at about a 36% discount to that. There is upside from here.

(A Top Pick April 4/16. (Actually Jan 15/16.) Up 0.95%.) They own a number of things including insurance, stores, hotel chain, supermarkets, car dealerships, etc. He likes that he has to only invest in one company to cover all of Southeast Asia, but their leverage is very thin.

(Top Pick Jan 15/16, Up 7.60%) They are not heavily indebted. If China suffers, they have a lot of cash on the books to make acquisitions. They are a play on the Asian economy.

(Singapore exchange.) A gargantuan conglomerate that goes back to the 1600s. They do everything in South East Asia including hotels, restaurants, groceries, car dealerships, etc. In 2008, Hong Kong prices fell almost in half, and the stock stepped up to the plate and doubled their development position by buying up land in Hong Kong and developing it. A very underleveraged company with lots of room to make acquisitions if the South East Asian countries continue to suffer. A good stock to own for complete coverage in Southeast Asia.

(A Top Pick Sept 14/12. Down 1.67%.) This is a proxy on the Southeast Asian market. As China has slowed down, so has their profitability. Very good entry point.

(A Top Pick September 14/12. Up 0.63%.) This is like a proxy for Southeast Asia investing because they have 15 different companies in their sphere, half of which are doing well, the other half are not. At this level, he is getting very interested in Buying more.

(Singapore exchange.) Into Southeast Asia in a huge way with about 10-12 different businesses including supermarkets, commercial real estate, auto dealerships, rubber plantations and life insurance/financing. Likes to go into an Asian country with one stock and get the emerging-market growth. Dividend has been growing at about a 10%-15% clip. Good management.