Food for Thought

I've been re-looking at a few companies recently, mostly those with a good economic moat and I'll try to list them here as I go along but for now:

SMRT
Goodpack


I've mentioned SMRT before in my previous posts but back then their share price was hovering around 1.9-2. Prices have dipped since then, and they're now around the range of 1.6-1.7. With the Circle Line due to start (in phases) from next year onwards, SMRT looks set to win more riderships. Apart from the Circle Line, they're also improving retail space at their train stations to generate more revenue. A side note though, the NEL is not owned by SMRT but by SBS Transit which is 75% owned by ComfortDelgro. Really worth taking a closer look and you might want to consider taking them up should their share price appeal to you.

Goodpack, may be relatively unfamiliar to many of you but they hold a patent to a new way of transporting goods (mainly rubber and synthetic rubber). More information on their product and business model can be found on their site (You won't be wasting your time). I strongly believe that the newly initiated FTA with China will prove to be very helpful in their venture (for bigger market share) in the Chinese market. Their financial statements are hard to find but I've been in contact with their IR dept and they will be sending me the statements shortly.


Two companies with very good economic moats, worth taking a closer look at their financials and future prospects.