CK Infrastructure Holdings (1038 - HK)

(A Top Pick Nov 08/18, Down 2%) Still bullish on the company. Any international operations come back tax free since it is based in Hong Kong. They hold Husky, and Park and Fly among other things. A substantial portion of holdings are in the UK as well. They grow their dividends and with a resolution for Brexit and Hong Kong, it should grow.

Global infrastructure provider, very good track record. Had a large Australian acquisition lined up but it didn't pass the commerce commission in Australia. Here in Canada they own Park N Fly, Husky Energy, Reliance etc. It's relatively cheap because of the Brexit. Owns it. Thinks dividend is quite safe. Thinks we will see another acquisition at some point in the not too distant future. A large company. Yields 4%.

(A Top Pick August 11, 2017. Down 14%). This is a funds-flow story. Earnings this year grew 20% but they made some major acquisitions. There is nothing wrong with the fundamentals of this company. The balance sheet is very strong and they can continue to do acquisitions. This is one of his core holdings and he expects it to do well in the future. Over the long term, this stock has done well and the dividend has increased year over year. He sees its current price as a buying opportunity.

A Hong Kong based aggregator of global infrastructure. This includes parking buildings, utilities, and toll roads. It has been very positive for shareholders. It is not getting full value yet for three key acquisitions worth $17 billion CAD made last year and he is expecting a large uptick in earnings. Yield 3.8%. (Analysts’ price target is $78.27 HKD )

This is effectively run by Li Ka-shing, the richest man in Hong Kong. He owns regulated and non-regulated assets through this vehicle. They’ve grown the dividend for the last 15 years. Just made a European smart metering acquisition, so there will be more growth. Dividend yield of 3.2%. (Analysts’ price target is HK$77.35.)