Welcome - Start Here

By accessing or reading this post or any of our writing, you acknowledge and agree to our terms and conditions. This post was updated on 7 April 2026.

I run this newsletter full time, applying more than a decade of experience investigating a wide range of issues for Fortune 500 companies, including the 1MDB saga, AML failures at Nordic banks, corporate espionage, fraud, and more recently, accidents and global fleet issues for industrials.

Our core value proposition is that we will do what LLMs cannot - visit companies and speak with staff, partners, investors, and competitors. We cover companies in the Singaporean, Chinese and Japanese data center value chain.

Since starting six months ago we found the following companies that went on to double:

• Seikoh Giken

• Union Tool

• Kwan Yong Holdings

• Wasion

• Chongqing Machinery & Electric Co

• AT&S

• Aehr Test Systems

Notably these companies span Japan, Hong Kong, Europe, the US and diverse fields such as optics, PCB drills, construction, data center solutions, transformers and generators, substrates, and testing. Many have their fortunes tied to operations in our backyard (Southeast Asia).

---

Yesterday, I announced that I am joining FundaAI. You can read the full announcement here.

In short:

• I will continue to run this newsletter, which will publish my independent, personal views, and content that does not appear on FundaAI’s newsletter.

• Broadly, my research work for FundaAI focuses on mid-cap APAC names.

• I expect that there will be strong synergies. We expect this to surface small cap supply chain ideas for Collyer Bridge, which will continue to focus on small-cap APAC ideas.

• Collyer Bridge posts will be received by FundaAI’s institutional clients, which is another way of saying that I care equally about the work I do for both outlets.

More importantly:

• This collaboration would not be possible if I did not believe in the resources and culture of FundaAI. They are genuinely generous, collegiate, and looking to hire.

• I am very excited about accelerating FundaAI’s growth as a trusted research firm and its more ambitious effort to develop an AI powered research OS.

---

Some reviews of our work:

We recognise that readers find it helpful to have a compendious update on the companies we own. We include that update below.

Japan Basket

We have a rather large following on the back of our Japanese picks. The companies we like are:

• Seikoh Giken ($6834)

• Japan Electronic Materials ($6855)

• Union Tool ($6278)

• Santec ($6777)