I received a small handful of messages regarding Old Chang Kee's latest results and this is a quick blog about the matter. Old Chang Kee is a fantastic cash flow generating machine and it remains one of my better although smaller investments. I have no intention to let go of my investment because nothing has changed. Of course, when I saw the article in The Business Times declaring a huge loss for Old Chang Kee in Q4, I took notice. I spent one minute looking at the financial statement and decided that all is well. One minute? Yes, only one minute. I just looked at the income statement to see what has changed. Noticing a spike in expenses, especially other expenses, I scrolled down to find the reasons for the spike. What I was looking for was whether the spike was going to be material and whether ......