About Cambodia No.1 News Channel
Posted
by Cambodia News
on June 23, 2009
Cambodia Capital is A Private Wealth Investment Services Firm.
Cambodia Capital Investment Strategies:
With
Cambodia Capital - Our Investment philosophy is, and always will be,
focus on long term capital growth to investing by incremental gains –
selling risky small caps and buying big, more defensive companies.
Warren
Buffet - "It takes 20 years to build a reputation and five minutes to
ruin it. If you think about that, you'll do thing differently"
Roger
Montgomery - "There's a simple way to tell. Suppose there is a business
with $1 of equity generating a 15 per cent return. If you are looking
for a 15 per cent return, you can't afford to pay any more than a
dollar for every dollar of equity in the business. That helps you work
out when shares are genuinely cheap. It's all about paying a lower
price than the value you receive"
Warren Buffet - "In the short run the market is a voting machine. In the long run it is a weighing machine"
The three principles of our philosophy are:
1. Style Neutral approach using fundamental and quantitative techniques;
2. To identify the right stocks in the financial and resource sector of the Australian Equities Market; and
3. Investment horizon of five or more years.
Roger
Montgomery - "Don't panic is an obvious one. Try to look beyond today
and next year and ask whether in 10 or 15 years this is going to be a
significantly larger business selling more of its stuff at the same or
a higher price, and is it likely to be the number one or two player? If
you can't answer those questions with some certainty and confidence,
you shouldn't be buying shares in the business"
Approach involves a focused investment philosophy similar to that adopted by Warren Buffet.
"All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies"
By adopting a focused investment philosophy you have the potential to significantly outperform the market.
Warren Buffet - "Risk comes from not knowing what you are doing"
Cambodia
Capital take a View of Longer term Approach, We aims at the Cambodia
Emerging Financial Securities Market. It is going to be very powerful
and will provide us more opportunities for longer term planning in
Cambodia.
A Cambodia Stock Exchange to launch in 09/09/2009 - In
an agreement with the Korea Exchange to launch a Cambodian stock
exchange by 2009—and a handful of the country's biggest corporate
players are lining up to get in first.
In Phnom Penh, Cambodians are
becoming successful entrepreneurs, and, like businesspeople everywhere,
they are hungry for capital that the banks—small themselves—can't or
won't provide. With commercial lending rates at 10% to 18% per year,
access to capital is often an impossibility. Leading lender Acleda
Bank, for example, cannot make a loan over $9.6 million. "The banks
only allow us to borrow a limited amount of money at a high interest
rate," says Sok Kong, chairman of the private Sokimex Group, which he
started in 1991 as an oil and gas distributor and which now includes
the growing luxury Sokha Hotels chain, with four hotels. Sok Kong hopes
to list Sokimex on the new stock exchange. What would he do with the
capital? Build more rooms for the tourists flocking to the Kingdom's
beaches and temples.
With mass tourism, and with a potential
multibillion-dollar oil project under exploration off its south
coast—has been revving up its economy. Standard & Poor's gave
Cambodia its first-ever sovereign debt rating in May. And although the
nation certainly has many problems—per capita income is no more than
$290, 40% of Cambodians live below the poverty line, and the country
relies on international donors—economic growth hit 10.75% last year on
top of 13.5% the year before, and is expected to be about 9.5% for 2007.
Cambodia Capital Pty Ltd is a company in the Finance and Insurance sector.
www.CambodiaCapital.com