Singapore Shipping Outlook (2016/2017) – 2 Things to note

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How it affects us and how the future of it will look like 1.   “A Big Nightmare”  – Channel News Asia (Logistically) Imagine you (SmallMediumEnterprise) have placed an order to shipped products/equipments or worst perishables from another country and you have decided to use HanJin for its competitive pricing. Now it’s stuck/lost/stolen… what can you do?? Go down to their singapore branch…”I went … [Read more...]

OUE Commercial – What really matters in a REIT

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I ran out of bonds to write Incorporate on 2013 | Subsidiary of Clifford Development | Properties in Singapore & Shanghai IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Book Ratio : 0.756 ( 25.4% undervalued) Price to Earning Ratio : 14.139 LEARN ABOUT THEIR NUMBERS Gearing : 67.95 ( above average reliance on financing for growth) Wale : 2.9 Years ( … [Read more...]

ComfortDelGro – What really matters in a Stock

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Opps. I forgot to post yesterday Passenger land transportation company | Started in 1970 | Operate in 7 Countries ?! (UK, Singapore, China, Australia, Malaysia, Ireland,Vietnam) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 2.406 (140% above premium) Price to earning ratio : 17.98 (Under performing compared to industry standard of 25) 2)  LEARN ABOUT THEIR … [Read more...]

Great Eastern Holdings Limited – What really matters in a Stock

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Is insurance company safe? Founded in 1908 | $60 Billion in asset | Offices in Asia 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.573 ( 57.3% overpriced) Price to earning ratio :  12.474 ( Under performing across industry standard of 14.10) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 6.576?!?!?! ( Super high reliance on financing for … [Read more...]

What should you do during these poor economic situation??

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lol everyone say save save save but everything so expensive how to save?  “Economy is not expected to pick up in the near term | Weak demand in global trade | 2017 to expand at a mediocre pace” No significant pick-up in Singapore’s GDP growth  (ChannelNewsAsia) Basically everything is not looking well…. Strike out all irrelevant expenses ( Yea you don’t have to cab on a rainy days….unless … [Read more...]

First – What really matters in a REIT

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Patience is the key to achieving your goals in the shortest time Dividend Yield 6.11% | High percentage of properties in Indonesia and the rest is in Singapore and South Korea | Started in 2006 IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Book Ratio : 1.246 (24.6% overpriced) Price to Earning Ratio : 15.536 LEARN ABOUT THEIR NUMBERS Gearing : 46.478 ( Below … [Read more...]

Ascendas – What really matters in a REIT

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$2.42 per share.. Overpriced?? 6.63% Dividend Yield | Properties in Singapore/China/Australia | Mostly business park IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Book Ratio : 1.13 Price to Earning Ratio : 19.47 LEARN ABOUT THEIR NUMBERS Gearing : 63.478 ( Above average reliance on financing for growth) Wale : 5.2 Years (Above normal wale years) Current … [Read more...]

How to be an Intelligent Investor (Benjamin Graham) – Part 2

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Just buy and buy, everything will eventually go up Content shared here are learnt, Copied and paraphrase from the book Intelligent Investor by Benjamin Graham The power of Financial History “Financial History says clearly that the investor may expect satisfactory results, on the average, from secondary common stocks only if he buys them for less than their value to a private owner, that … [Read more...]

How to be an Intelligent Investor (Benjamin Graham) – Part 1

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Just buy and buy, everything will eventually go up Content shared here are learnt, copied and paraphrase from the book Intelligent Investor by Benjamin Graham  – So credits to Him! What is investing? According to Graham, Investing consists equally of three elements: You must thoroughly analyze a company, and the soundness of its underlying businesses,before you buy its stock; you must … [Read more...]

Fraser Centrepoint Limited Treasury – What really matters in a Bond

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Like the Aspial Treasury I couldn’t find much financial info on the treasury company, I will using the group’s financial number Matures on 22 May 2020 | 3.65% | Semi – Annually coupon payment | Subsidiary of Fraser Centrepoint Limited | Started in 2011 | 1)  IDENTIFICATION OF BOND BELOW PAR VALUE Current market value : 1.008 ($8 above its par value) 2)  LEARN ABOUT THEIR … [Read more...]

Aspial Treasury- What really matters in a Bond

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Due to the lack of financial information on this company I’ll be doing on the corporate company Matures 28 August 2020 (4 more years) | 5.25% | Semi-annually coupon payment | Subsidiary of Aspial Corporation | Founded in 2015 | Jewellery / Maxi Cash / World Class Island (Real estate) 1)  IDENTIFICATION OF BOND BELOW PAR VALUE Current market value : 0.915 ($85 below par value) 2)  LEARN … [Read more...]

DBS Group – What really matters in a Stock

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There must be a reason why the stock price is at 2013 level 280 branches across 18 markets | Safest bank in Asia (Is there even such thing as safest now???- hopefully) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.918 (9.2% cheaper) Price to earning ratio :  9.012 (Under performing according to industry norm of 9.605) 2)  LEARN ABOUT THEIR … [Read more...]

How will patience get you rich??? – 3 examples

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Sometimes the power of now can really kill you?? can it??? As discussed earlier on(Singtel)….let see how patience fare. You have saved up $2,900 to purchase Singtel stock.. How should I purchase? (Dividend calculation are not included to simplify calculation) “LIMPEI want to do something now” Scenario Notice Singtel price soaring and thinking about how much you would have made if … [Read more...]

Singtel – What really matters in a Stock

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The more familiar the brand is… the more safe it would be?? Diversified Telecommunication Services | M1 & Starhub are industrialised as Wireless Telecom Services – HUH?!?!? | 6 Subsidiaries (Optus, NCS, InSing, Innov8, Amobee, TrustWave) | 1 Partner – Bridge Alliance 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 2.542 ( 1.5 times overvalued) Price to … [Read more...]

Ascott Residence Trust – What really matters in a REIT

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should you just purchase since it’s a big company/well known? Listed on SGX 2006 (10 Yrs) | 4.9 Billion Asset | Property around the world IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Earning Ratio : 10.216 (Under Performing – 20 is the mean) Price to Book Ratio : 0.73 ( 27% Discount) LEARN ABOUT THEIR NUMBERS Gearing : 74.42% ( High dependency on debt to … [Read more...]

Suntec – What really matters in a REIT?

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What ever that is written their is my bias opinion and you guys have to remember that! Park Mall | Suntec City | One Raffles Quay | MBFC properties | 177 Pacific Highway | 98.6% committed occupancy (Averaged out between Office and Retail) IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Earning Ratio : 12.929 Price to Book Ratio : 0.806 ( 19.04% Discount) LEARN … [Read more...]

Deutsche Bank – Understand what is happening in 5 mins

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Graph is always easiest to understand In order to facilitate easier understand on what is happening… Image is always the best to start with Basically Deutsche Bank Stock Price have a high probability to head the same direction as Lehman before the Crash/Filing for bankruptcy (2007-8). Currently have low liquidity (very low cash) & Failed twice on the bank stress test  (basically how … [Read more...]

Genting Singapore – What really matters in a Bond

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very safe Perpetual Securities – Get paid first before the shareholders | 5.12% | Hotel, Restaurant & Leisure 1)  IDENTIFICATION OF BOND BELOW PAR VALUE Current market value : 1.030 ( $30 dollars above par value) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity: 14.09% ( Low reliance on debt) Growth Performance : -35% (Negative growth rate, worst than the previous … [Read more...]

Capital Mall – What really matters in a Bond

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Big brand doesn’t mean good brand Semi-Annual (twice a year) | 3.8% per annum 1)  IDENTIFICATION OF Bond Below Par Value Current market value : 1.016 ($16 dollars above par value) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity: 92.68% ( High reliance on debt for growth, so if payment is missed… you know what will happen) Growth Performance : -6.14% (Negative growth rate, worst than … [Read more...]