Unexpectedly, I have chosen some very little-known companies like CAB Cakaran, a farming and food distributing company, it also sells frozen foods and franchising restaurant.
As a consumer product type company, it has some market share. Something that I am very confidence with it is the company management team---all are Malaysian-Chinese. I am not racist. The fact is Chineses are more proficiency in managing a company compare with Malays. The company has very low share price which is RM0.37 per share. This is very low price in the Main Market!!
By spending RM 37+ I can be a shareholder of this company (just kidding, perhaps I am not going to hold only 1 lot, 10 or 20 lots above are better.) Anyway, I have not really understood well about this company, so I need some times to go and research it. Low P/E is the main reason it attracts me.
Another company is MNRB, the only one local General Reinsurance holding company. When I saw the word of "Reinsurance", I was like a standard one child---what does it mean? According to the explanation of the information, reinsurance is the back-up of insurance company, it means that reinsurance is the insurance of the insurer. Example, I buy a policy which worth RM 2000 from a insurance company, then the company would not absorb all of this, so they would invest (or buy insurance?) in reinsurance company in order to share the risk if there is any compensation,
Very complicated? Never mind, I would keep on researching them to ensure that I know them very well.
My portfolio of 2012-2014
1) CAB Cakaran
2) MNRB
