Is It Time To Bet On Cortina Holdings Ltd?We compare Cortina Holdings Ltd to The Hour Glass Ltd so you don't have to.The post Is It Time To Bet On Cortina Holdings Ltd? appeared first on Value Invest Asia.

Investors constantly engage in an elusive search for companies that are both cheap and great. For both conditions to be fulfilled is not an easy task, as many companies are either cheap for a good reason or great but trade at expensive valuations. In some cases, though, companies could be mispriced because of either a lack of awareness or some misunderstanding regarding their business model or prospects. When reviewing traits that make a great company, we should take into account not just quantitative factors (though these are obviously important), but also qualitative factors such as the track record of the company, its reputation and also its market share. Companies that have a strong operating track record with a prudent and competent management team can compound investors’ wealt

Cortina Holdings Limited (SGX: C41) is a leading retailer and distributor of luxury timepieces and accessories across the Asia Pacific region. The group has 24 boutiques located in countries such as Singapore, Malaysia, Thailand, Indonesia, Hong Kong, and Taiwan. Cortina caters to a high-end clientele who have the ability and means to spend a significant sum of money on discretionary items. With a tougher retail climate and an impending economic slowdown globally, many consumers are cutting back on their spending. This is expected to affect retail sales for many categories of products, particularly for luxury goods such as jewellery, timepieces and branded goods. Only necessities and essential goods such as food and household items usually remain immune to such slowdowns. However, Cortina

Hour Glass Ltd (SGX: AGS), or THG, is a luxury retailer of fine watches and timepieces. The group owns a network of 40 boutiques spread across the Asia Pacific region, and it has a long history and track record of delivering quality products to a discerning clientele. THG has a strong relationship with many of the luxury watch brands stretching back decades, and Chairman Henry Tay and CEO Michael Tay are also very knowledgeable about the business. THG is one of a few premium watch boutiques in Singapore, the other being Cortina Holdings Limited (SGX: C41). In its recent Q1 2020 earnings, THG reported a 4% year-on-year rise in revenue and an impressive 19% year-on-year jump in net profit. The group has also been consistently rewarding loyal shareholders with a steady dividend payment. The

The Straits Times Index (SGX: ^STI) is up just 1.2% so far for the year. With the US-China trade war, Hong Kong protests, Brexit, and general economic slowdown worrying investors, it’s not surprising to see the Singapore stock market languishing. If you are looking for stock ideas amid all the macro fears, you have come to the right place. Using our data provider, S&P Global Market Intelligence, and a Magic Formula methodology popularised by Joel Greenblatt, we found some of the best stocks for the month that could go on to perform well. The basic premise of the Magic Formula is to find the 30 best shares in the market as ranked by their cheapness and their quality and to hold on to that basket of shares for a year before repeating the ranking process. For a deeper underst