Asian Asset Plays - Bargains or Traps?
In Asia, a high percentage of stocks tend to trade at a discount to their Net Tangible Assets (NTA). For example, in Singapore, 32% of companies on the exchange are currently trading at a 20% or higher discount to NTA. When looking for value, are these 'asset-plays' bargains, or are they trading at that price for a reason? (VIEW LINK)
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Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and redemptions. Steve focuses on long-term investing in undervalued and sometimes unloved companies.
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Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and...
Expertise
Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and...
Expertise
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