Author: FinancialVeracity

AEM Holdings – What really matters in a Stock

3 Manufacturing Plant (China, Malaysia, Singapore) | Presence is in 8 countries | Precision / Plating & Chemical /  Equipment Solution | Many famous directors in its board Maybank holds 5 %,  while 40% are hold by two separate Novo Tellus companies Comparison will be done with Micro-Mechanics (5DD) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 4.364 (436.4% Above fair value) 5DD – 3.385 Price to earning ratio : 17.798 ( Above industry standard – 23.74) 5DD – 13.01 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 0.19% | – No data Available- Growth Performance : -6.48%...

Read More

#11 – USDJPY

Last week, I spotted a potential trend reversal on USDJPY. DollarYen has been trending bearishly for the 1991 and only in recent year 2013, BOJ has failed to meet many “promises” which leads to the fall of its currency price against the strong dollar. Monthly Chart indicate that 2007 high has been broken, a sign of a trend reversal on this market pair. As, I have noticed market has bounced of from key level, I’ve decided to hedge my trading idea on the smaller timeframe. Last Monday on the Daily Chart, I’ve noticed that market was trading in key price action...

Read More

Is CPF really that bad ? (Part 2 – Housing)

CPF Did we harm ourselves? Or is it the Government fault? Like how DTLIM commented, the allowance of more usage has lead us to deplete our CPF money faster than ever.  It’s actually quite scary, that Govern allowed CPF savings to pay for more than one property ( Very bad for the low/middle Income group) Have the Allowance of CPF used for housing a good thing?   Singstats   There was a study done by the Government as you can see, the average Singaporeans doesn’t shift to a smaller house but always to a bigger house! The number is...

Read More

GP Batteries – What really matters in a Stock

Founded in 1964 | Under the establishment of Gold Peak Group in Hk | Largest consumer battery manufacturer in China Couldn’t find a good company for comparison 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.577 (43.3% Below fair value) Price to earning ratio : 37.4 ( Above industry standard – 28.13) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 77.73% Growth Performance : -16.81% Dividend Yield : 1.46[ 5 years] Current Ratio : 1.15 Book Value per share : 1.43 Cash Flow per share : 0.2108 Average management ability ( Low dividend growth | Weak net income/gross profit margin | overall Positive cashflow) 3)...

Read More

#10 – GBPAUD

Last week has been an interesting trading week as I have only entered the market  4times. Spotted a potential reversal on GBP and decided to hedge on it against the Australian dollar. Monthly Chart showed that market is in a bearish trend and current price action shows that market is testing key level / reversing from key level. Price action on the  Weekly Chart shows that market is in a short-term bullish trend and is currently retesting key level (see if there is a strong amount of sellers). What encourage me to find a bullish entry was the formation of...

Read More

Is it better to invest in a Foreign Market?

In order to answer this question we have answer 3 important question liquidity, availability and cost. Trading Volume = LiquidityAs you can see the STI trading volume only bounces below the $500 million dollar mark while the SPX (S&P) bounces around the $10 billion dollar mark. Higher the trading volume = Greater liquidity in the market. Liquidity in this context talks about the easiness to buy and sell shares that you own. Number of listed companies = Greater number of opportunities StraitsTime Currently we have 759 listed companies in Singapore. Topforeignstocks Cost of trading overseas = reduce your profit...

Read More

Maxi-Cash – What really matters in a Stock

Comparison will be done with ValueMax(T6I) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.319 (702.8% Above fair value) T6I – 0.76 Price to earning ratio : 10 ( Below industry standard – 43.39)  T6I – 8.788 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 207% | 102% Growth Performance : 23.31%| -4.48% Dividend Yield : 2.262%[ 5 years] | 0 [ only paid for 4 years] Current Ratio : 1.44 | 2.15 Book Value per share : 0.1337| 0.3198 Cash Flow per share : 0.0197  | 0.0354 Below average management ability ( Stable dividend growth | Weak net income/gross profit...

Read More

#09 – Long CadChf

The previous week has been a rather a quiet one as there were little charts that fulfilled my trading requirement. However, I’ve spotted a potential entry on the CadChf as market test key monthly level. I spotted signs of bear exhaustion on the Monthly Chart and was seeking an entry. Scrolling down the Weekly Chart had me realised that market has been acting repeatedly when price heads towards the monthly level. As you can see market tend to retrace with a strong momentum whenever it touches that level. Last week week market broke off the key level with a strong bullish...

Read More

Is CPF really that bad? (Part 1)

Try putting whatever you know about CPF aside before reading this post Disclaimer; CPF is a mandatory thing for all Singaporeans/PR so knowing it is as important as maintaining your financial health -Short Summary- There are 3 Accounts in your CPF before you turn 55: Ordinary Account (OA) Special Account (SA) Medisave Account (MA) When you turn 55: OA + SA = RA (Retirement Account) MA = Acts like your health insurance At this current point of our life, how much do we have for retirement (Cash/Savings) not including property, because we would want to be living comfortably like...

Read More

Dairy Farm International – What really matters in a Stock? (IKEA/7-11/GIANT/COLDSTORAGE/GUARDIAN/GNC)

The more the better?? The bigger the better?? The more expensive the better? 6,500 Outlets / 180k Staffs / leading pan-Asian retailer / Member of Jardine Matheson Group / Founded in 1886 Comparison will be done with OLAM (O32) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 7.028 (702.8% Above fair value) O32 – 1 Price to earning ratio : 23.587 ( Below industry standard – 43.39)  O32 – 16.855 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 64.08% | 256% Growth Performance : -0.65%| -Not given- Dividend Yield : 2.66%[ 5 years] | 2.59% [ 5...

Read More

#08 – Gold (should we all buy now?)

In order know if it is a good time to buy good, we need to know the price behaviours of consumers. I have chosen to use USD/OZ (USA holds the biggest gold reserves). Market trend on the Monthly Chart has broke of a 8 year bull trend, making a bearish trend. As you can see market has failed to make higher high in 2016 while making a strong bearish candlestick. Thereafter, market build up (demand) became weak and show signs on bearish trend continuation pattern. On the Weekly Chart, market has just formed a double top (aligning with monthly...

Read More

A reminder to self

I’m finally back from a 6D5N vacation from Bangkok,Thailand and it was amazing. It taught me to be constantly fighting for what I want (discounts) and if it fails the first time, who says it will fail the second/third/fourth. No one can fight your battles only yourself / Victory goes for those who doesn’t give up Some photos are missing as I was busy enjoying myself . Some recommendation that you can consider if you’re heading down to BKK for a holiday! Use Eatigo app to find good food deals, discount are based on timing of booking! Best thing...

Read More

Sakae – What really matters in a Stock

Ever wonder what happen to all the Sakae Sushi Restaurants? Sakae Holdings have over 18 brands / Start in 1996 / With 200 Outlets worldwide Sounds like an achievement doesn’t it? but would you still buy after you know the numbers? Comparison will be done with ChasWood Resources Holding (5TW) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.264 (26.4% Above fair value) 5TW – 1.472 Price to earning ratio : Not given ( Above industry standard – 86.67) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 160% [Exponential increase in financing] | 517% Growth Performance...

Read More

#07 – GBP (Post election)

The long awaited trend continuation pattern has occur on the GBPUSD. Monthly Chart still indicates that market is in a bearish trend. As market is still in the 1980s price level while making a new high in 2014 (Rejecting the previous one with a break of 08’s low). Giving GBPUSD a nice amount of legroom for traders to be in it. As market enters the Weekly key zone, it was only a matter of patience for market to show signs of reversal. As you can see the second last candlestick, where market broke off 3 bullish price pushes, it...

Read More

How I plan to exit StarHill (losing investment)?

My first potential realised investment lost As my investment kept showing deeper reds, It’s about time I have a more concrete exit strategy (should have one before entering) for my investment. I’ve placed a stop lost at $0.690 (Buffer). How did I get that number? Being a technical trader, it is my duty to identify trends and know what makes them. In a bearish trend, a series of lower lows and lower highs have to be formed by candlestick. If the low of $0.70 is broke, the REIT would have a higher probability to trend lower (Technical perspective). Why...

Read More

Like us on Facebook

Follow us on Twitter