@portoftheyear

PORTFOLIO OF THE YEAR 2024

1. $KEINHIN / 7199 (KEIN HING INTERNATIONAL BERHAD) @ 50%
A low-profile, well-run company equipped with an already expanded production capacity in Vietnam. Malaysia automotive segment is growing strong. Deep undervalued valuation. The cash pile is growing fast.

2. $REDTONE / 0032 (REDTONE INTERNATIONAL BERHAD) @ 10%
A strong fundamental company with proxy to new Agong, 5G infra, Starlinks, thematic play.

3. $N2N / 0108 (N2N CONNECT BERHAD) @ 10%
Huge cash pile of RM153mil, with DY range from 4-8%. Diversifying into non-capital market businesses. Holding 25.15% of OMM (Australian Fintech Company), which is valued at ~RM92 million and started to make profit in the past 2 quarters. A thematic play for the bull market as well.

4. $OPENSYS / 0040 (OPENSYS (M) BERHAD) @ 10%
Installed CRM aprox. 7k+ units (~RM80k/unit) in the market are building strong and growing recurring income. New growth engines going forward: (1) SmartTCR with a potential market size of ~5k units (~RM110k/unit). (2) SmartCIT potential market size is RM800mil. (3) Potential of more BPO business (recent awarded RM105mil contract from Maybank). Light asset business with DY ~5%.

5. $ABLEGLOB / 7167 (ABLE GLOBAL BERHAD) @ 10%
One of the cheapest-valuation consumer companies in the market. Mexico JV Business is going to accelerate its business growth. DY ~4%.

6. $SHANG / 5517 (SHANGRI-LA HOTELS (MALAYSIA) BERHAD) @ 10%
Bottom-catching asset play.