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Opinions David Driscoll
Jardine MathesonJMHLYTOP PICKJul 27, 2017
David DriscollStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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Are exposed only 25% to China; rather, Indonesia is their greatest exposure where they collet revenues in the Indonesia rupee, but must show profits in US dollars. In the past year, the rupee has fallen then come back, but this isn't reflected in their earnings yet. It will in the next report. If interest rates fall, then the USD will and Jardine's profit will rise. The dividend grows 6-10% yearly (and could rise higher with a weaker USD), paying 5.5% now. It's like a bond proxy. Lots of room to buy companies.
(Analysts’ price target is $54.61)David DriscollIt has been in Hong Kong for 150 years. The Chinese political pressure has had a negative effect but the underlying performance has improved. It has a number of assets including the Indonesian ones with strength in mining. Buy 3 Hold 2 Sell 0
Darren SissonsDavid Driscoll
Darren SissonsDavid DriscollDarren SissonsThe stock has been flat. A conglomerate across SE Asia. It's a big conglomerate which includes BMW/ Mercedes dealerships, financials, hotels, supermarkets, parts of Ikea and Starbucks franchises. They are also sitting on a ton of cash. Likes this company because they make smart acquisitions.
David DriscollDavid DriscollDavid DriscollDarren Sissons
A big conglomerate that dates all the way back to the 1600s. They have the tentacles throughout China and other Asian countries, including Indonesia, Vietnam, etc. They have hotels, supermarkets, BMW and Mercedes dealerships, IKEA, 7-Eleven and even some Starbucks franchises. They have insurance. They’ve got Hong Kong land. If the Chinese market recovers, the US$ will start to fall and emerging market currencies will start to rise, and this company will start to make bigger profits. (Analysts’ price target is US$63.)