The Bargain Hunting Journal Podcast

Today we discuss a US office REIT trading at 10% of its liquidation value.Full report here:https://ckmedia.substack.com/p/bargain-alert-us-office-reit-tradingThis is the audio companion to the market-beating Substack newsletter “The Bargain Hunting Journal”Subscribe to the newsletter here:https://ckmedia.substack.com/about Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we discuss a special situation unravelling at PAR Technology.Full report here:https://ckmedia.substack.com/p/special-situation-alert-interestingThis is the audio companion to the market-beating Substack newsletter “The Bargain Hunting Journal”Subscribe to the newsletter here:https://ckmedia.substack.com/about Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a profitable cement producer that trades at less than half its net cash. Basically, investors get the cement business for free.Full report here:https://ckmedia.substack.com/p/bargain-alert-regional-cement-producerThis is the audio companion to the market-beating Substack newsletter “The Bargain Hunting Journal”Subscribe to the newsletter here:https://ckmedia.substack.com/about Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Gold has been on a tear, and today, we’re talking about a company just quietly 10x’d its gold investment. Full report here:This is the audio companion to the market-beating Substack newsletter “The Bargain Hunting Journal”Subscribe to the newsletter here:https://ckmedia.substack.com/about Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about Versant Media (VSNT), the cheapest spinoff in the world.Full report here:This is the audio companion to the market-beating Substack newsletter “The Bargain Hunting Journal”Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a US-based fast food franchise selling for less than 3x earnings.Full report here:This is the audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a property holding company that trades below its net cash, and gives investors a large portfolio of investments and rental properties for free.Full report here:This is the audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

With the S&P 500 and Dow Jones scaling all-time highs, a breathtaking AI boom, and an alphabet soup of speculative assets trading sky high, it may be a good time to revisit Mr. Buffett’s 1999 Fortune Magazine article on the unrealistic expectations of investors.Full article here:https://www.berkshirehathaway.com/1999ar/FortuneMagazine.pdf Audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

As China stimulates its economy and interest in its stock markets revives, we revisit our Lunar New Year special article on factors to consider when investing in China.Full report here:https://ckmedia.substack.com/p/lunar-new-year-special-investing Audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about an investment holding company / retailer that trades below its net cash, and gives investors a large portfolio of investments (including a stake in Alibaba) for free.Full report here:https://ckmedia.substack.com/p/bargain-alert-buying-alibaba-forAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a global hotelier that boasts a portfolio of 1,500+ rooms across 7 luxury hotels around the world, has a net cash balance sheet, and is drowning in cash flow. The best part: investors today pay almost nothing for it all, and upside potential is enormous.Full report here:https://ckmedia.substack.com/p/bargain-alert-sample-global-luxuryAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a local Hong Kong hotelier that operates in the highly resilient budget niche, boasts a portfolio of over 3,000 rooms, and in addition own a prime portfolio of commercial properties in one of the densest cities in the world.Full report here:https://ckmedia.substack.com/p/bargain-alert-budget-hotelier-availableAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a casino trades at roughly 3x normalized earnings, less than its net cash, and boasts a prime portfolio of 900 hotel rooms and 54,000 sq ft. of serviced apartments in Macau and Hong Kong.Full report here:https://ckmedia.substack.com/p/bargain-alert-profitable-macau-casinoAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we cover a company whose entire market cap trades at less than its net cash, and you’re getting a resilient, highly profitable business with attractive returns on capital for free.Full report here:https://ckmedia.substack.com/p/legion-consortium-2129hk-cheap-singaporeanAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a company that trades at a fraction of it’s cash, has almost no debt, has historically paid very fat dividends, and is on the verge of scaling up a couple of cash gushing new businesses.Full report here:https://ckmedia.substack.com/p/hengdeli-holdings-3389hk-net-netAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a luxury mall operator owns almost 30 million square feet of prime retail and office properties across key cities in China and Hong Kong. Despite carrying minimal leverage, the company trades at roughly 5x earnings and provides a well covered 9%+ dividend today.Full report here:https://ckmedia.substack.com/p/bargain-alert-premier-shopping-mallAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today, in Part 3 of our multi-part series, we talk about a money lender that trades at 4x earnings, has no leverage, has never lost money since going public, and pays an almost 10% dividend.Full report here:https://ckmedia.substack.com/p/bargain-alert-highly-profitable-money-f29Audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a pawnshop/ money lender trades at 5x earnings, has never lost money since going public, is overcapitalized, and pays an 8%+ dividend.Full report here:https://ckmedia.substack.com/p/bargain-alert-highly-profitable-money-712Audio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a money lender trades at 2x earnings, has never lost money since going public, is overcapitalized, and pays an 8% dividend.Full report here:https://ckmedia.substack.com/p/bargain-alert-highly-profitable-moneyAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a conglomerate that has undergone a complete transformation of its business model since being spun out, but is still viewed by the investment community as a pure play property company. Although they remain among the top real estate firms in Hong Kong, the company has further diversified into steady, durable income streams that give it an endurance few companies in the region can match.Full report here:https://ckmedia.substack.com/p/bargain-alert-sample-the-safest-leastAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a company that trades at a fraction of its cash, property, and inventories. It carries no debt and pays a roughly 13% dividend at today’s prices. At one point, the company was one of the best known watch brands in China, and even until today, it controls every point of its supply chain - from production to distribution.Full report here:https://ckmedia.substack.com/p/bargain-alert-net-net-watch-brandAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about an insurance broker trades at a market cap of roughly US$80M, while sitting on almost US$300M in net cash. The company has been profitable every year since its IPO in 2007, and is currently one of the top 20 largest insurance brokers in the world by revenues. Furthermore, management has authorized up to US$40M in share buybacks, or roughly 50% of the entire company at today’s price.Full report here:https://ckmedia.substack.com/p/bargain-alert-top-20-insurance-brokerAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a natural health food company currently trades at less than its cash, has no debt, and can be bought for less than 6x earnings.Full report here:https://ckmedia.substack.com/p/bargain-alert-leading-natural-healthAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe

Today we talk about a property company that trades at less than its cash and investments, and investors get an unencumbered 1.3 million square feet commercial property portfolio in Hong Kong and Australia for free. In addition, investors get paid an 8% dividend that’s well covered by the company’s recurring rental income.Full report here:https://ckmedia.substack.com/p/bargain-alert-sample-117-year-oldAudio companion to the market-beating Substack newsletter "The Bargain Hunting Journal"Subscribe to the newsletter here: Get full access to The Bargain Hunting Journal at ckmedia.substack.com/subscribe