I guess our portfolio pretty much similar then.

I'm not familiar with CCBC ... do u mean CCB?

For privacy reasons, I don't want to list out the stocks in my portfolio.

But .... ICBC and CCB are both very profitable (ROEs of > 20%), and they are simply "too important to fail"

Their current dividend payout ratio is 35% .... market speculation (note: speculation) has it this will increased to 40% and eventually 50% in 2014. I think this is possible

Except my portfolio is not so heavily concentrated in financials

How do they actually count the ROE? does it include capital gain and also dividend?

Any bargain beside banks? probably insurance and some telco H-share?

Here u go:
http://www.investopedia.com/terms/r/return...p#axzz2KUFYiih8

Some consumer discretionary, construction and retail/supermarket stocks may be worth considering

I'm not sure CCB or CCBC, I mean China Construction Bank Corporation.

Is CCB.

OH yea, I forgot about retail and supermarket. I do own them too. For consumer,I only owned very few of them because I think most people hoarding their cash into these stocks. Whilr for construction stock, not really interested...

Yok, from bloomberg data, it is about 1.3.
But for me, uncle buffet once taught us, quote "you no need to know a women's age by telling whether she is old or not". I think these bank are quite cheap without even value them seriously.
The most important is people understand the downward risk of bank.
Beside all the Non performing loan (hardly to tell now,because banks tends doing good when economy good, but bad during people unable to pay loans) issues, Basel 3 will challenge some of the bank's reserve requirement because some of them are overstated due to unqualified capital such as preferred shared is included in their reserve calculation.

Other issues such as convertible bond, while convertible at the premium of these stock certain % of price, will diluting the existing holder. Just make sure those those convertible are not issued price that are too low and with large quantity.

Hope these help

This post has been edited by foofoosasa: Feb 11 2013, 08:28 AM

interesting article from "Focus Malaysia", a serious contender to "The Edge",

Curse of the skyscrapers

Empire State Building (1953) - this iconic building was completed against the backdrop of a city and nation in the grip of the Great Depression

Sears Tower (1974) - the oil shocks that rocked the US and the dropping of the greenback's peg to gold were marked by the completion of the Sears Tower

Petronas Twin Tower (1997) - The Asian financial crisis was heralded by the completion of Malaysia's Petronas Towers

Taipei 101 Taiwan (2004) - the building stood tall but Taiwan followed Hong Kong, Japan and Singapore into recession and saw the end of the technology bubble

Burj Khalifa Dubai (2009) - the current tallest building was completed just before the dramatic crash that nearly bankrupted the tiny emirate

The Shard (2012) - it was completed just in time to witness the worsening of the eurozone debt crisis

Freedom Tower (2013) -the completion of the World Trade Center's replacement will come smack between the US fiscal cliff and the debt ceiling as the world's biggest economy slides towards an impending recession

Menara Wawasan (Malaysia) - expected completion in 2015 ....will a recession follows ????

This post has been edited by Oracles99: Feb 11 2013, 10:38 PM

Thanks for your info and comments.

Haha, superstitious.
But then if complete in 2015 or 2016, a financial crisis will be imminent.
Wise people always tell me the cycle repeats every 10 years, so 1998 - 2008/09 - 2018/19

looks like the crash affect its own country the most where the skyscraper was built. when the Menara Wawasan is nearing completion, maybe another version of George Soros would appear from nowhere.

With or without Menara Wawasan, Malaysia sure will have some financial related problems in next 3 -5 years

George Jr. Soros

everyone must be still bz holidaying.
market up 8pts but don't feel a thing

guess me too back to holidaying

so many up today.. may i know where can i obtain the very update chart for bursa? that i can see like today de chart..

This post has been edited by ben3003: Feb 13 2013, 09:23 AM

The volume is so thin on the first day on Snake year