Wednesday, January 9, 2013

nam lee pressed

understanding the business.

Key risks

-carrier, bulk of business

The reduction in sales translate directly into reduction in revenue for nam lee

HDB projects, easily tracked

Good cashflow, decent dividends, survived crisis

Need to compare with other metal companies.

Moat;

1) One supplier worldwide to carrier

15 reasons for investment:

clarity of earnings next few year, track HDB projects, carrier sales est.

worthwhile margin? compare with peers...

management???

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