There are 2 big conglomerates in south east Asia, and this is an easy way for Canadian investors to have access to the south-east market with a big conglomerate. The stock has done nothing for the last 5 years, because of the rise in the US$. They report their numbers in US$, but currencies in Indonesia, China, etc. have been falling, so they’ve been hurt. This has a clean balance sheet and they can make acquisitions. 10-year dividend growth rate has been 15%. Dividend yield of 2.5%. (Analysts' price target is $67.)

He is buying half positions for new clients right now.  He has done this because the US dollar has dropped.  This is the time of year when their stock price starts to move.  If you believe the US$ will continue to fall, then the price should continue to rise.  They don’t have a lot of leverage right now.  If anything bad occurs they will step into the market to take advantage of opportunities.  This is a way to be in Asia.

A very unique company. It started as a trading company and now owns a number of businesses throughout the Asia Pacific. On a fundamental valuation perspective, the stock has rallied really hard and it is expensive. Dividend yield of 2.4% is safe and there is possibly room for it to be hiked in the next 12-18 months.

(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 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.