Author: FinancialVeracity

Capital Mall – What really matters in a Bond

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 the previous company) Current Ratio : 1.61 (Average) Average management ability ( Steady dividend payout | High reliance on financing-poor cashflow management) Under all circumstances, it is still not under my “worthy” criteria to be investing into this bond....

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Hutchison Port Holding – What really matters in a stock?

Quantity is not better than Quality Container Port Business Trust | Owns interest in two container port (HK & Shenzhen) | Provides logistic & Supply chain solutions | Feb 2016 : Had Job cuts and Disruption calls for sensitive leadership 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.734 (26.6% discount of actual) Price to earning ratio : 15.537 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity: 54.526 % ( Average reliance on debt for growth) Growth Performance : -3.92% (Negative growth rate) Current Ratio : 0.872 (Inability to cover short debt % long term obligation...

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Keppel Corporation Limited – What really matters in a Stock

Cheap stuff doesn’t mean good stuff  It’s a holding company of 5 subsidiaries | Land/Transport/Communication/Offshore Marine/ Capital | Started in 1968 | Temasek Holding holds 20.43% of its shares 1)  Identification of Companies that are undervalued. Price to book ratio : 0.861 (Discount of 13.9%) Price to earning ratio : 8.12 2)  Learn about Their numbers Debt To Equity: 77.178 (High reliance on financing for growth) Growth Performance : -0.4139 % (Average through 5 years – Negative growth is a bad sign) Current Ratio : 1.836 (Average) Poor management ability ( Decreasing revenue | With super high payout ratio?! – It...

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Should you buy a second home as an investment?? (Part 2 – Revenue)

Everything so expensive Now after knowing all the Cost/Other factors in Part 1, let’s move on to the only way to get a Second Home. Utilising CPF – If only you never wipe out your CPF after your 1st house You can only utilise it if your CPF(OA/SA/CPIS-SA) have more than Half of the prevailing CPF minimum Sum currently at $80,500 [$161,00/2]. If your CPF surpass the $80,500 mark ( You can only use the excess – the amount above $80,500) How much can you use? Valuation Limit – Purchase Price or The Value of the property (Which ever is...

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Should you buy a second home as an investment?? (Part 1 – Cost)

Is it impo@ssible to buy two house in singapore??? As there will be too many numbers, this topic will be a two part series with the final one connecting all of them together. Before buying it is always important to know ALL costs/factors behind them. Cost Factors – Upfront fees before getting your keys Buyer Stamp Duty Tax (BSD) – On property price 1% for the first 1$80k 2% for the next $180k 3% for the remaining amount Additional Buyer Stamp Duty Tax (ABSD) – On property price [On top of your BSD] 7% (Second Property) – Singaporean Rate 10%...

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Chemical Industries (Far East) – What really matters in a stock

Must always listen to professional advise on tv Sole manufacturer of chlorine/caustic soda/other chlor-alkaline products in Singapore | Since 1963 | 3 Facilities 1)  Identification of Companies that are undervalued. Price to book ratio : 0.487 (52 % Discount?!) Price to earning ratio : 4.123 (Undervalued) 2)  Learn about Their numbers Debt To Equity: 19.239 (Super low reliance on debt for growth) Growth Performance : 15.37 Current Ratio : 2.212 ( 2 times the ability to pay off debt) Management Ability (Steady Constant/Increasing dividend payout | Reduce Cogs while Total revenue is low – Good Characteristic/Strategy)...

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Fraser Commercial – What really matters in a REIT

Is always up to you to make the choice Started in 2006 | Properties in Australia & Singapore | BAA3 Rating (Moodys IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to Earning Ratio : 12.95 ( Below average) Price to Book Ratio : 0.911 ( 9% discount on actual value) LEARN ABOUT THEIR NUMBERS Gearing : 61.26% ( High dependency on debt to finance growth) NAV : $1.53 Wale : 3.5 years (Short lease agreement) Current Ratio : 2.29 (2 times the ability to pay off it liability if liquidated now) Constant and increasing dividend payout   Overall, the company have a too high...

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Parkway Life – What really matters in a Reit

Healthcare is always needed, so is a good buy?? is it?  61.8% of its revenue comes from Parkway life hospital. Identification of Companies that are undervalued. Price to Earning Ratio : 24.19 Price to Book Ratio : 1.55 ( 55% more expensive) Learn about Their numbers Gearing : 35.3% (Low dependancy on debt for growth) Wale : 9.12 years (Longer lease agreement – Sign of stability) Current Ratio : 1.32 (32% above its normal ability to pay off its liability) Constant and increasing dividend payout Strong Management Ability (Ability to increase number of leasees during financial crisis and after) In a “REIT”...

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How to add more hours to your day – 2 Steps

Every second count……is it even logical for us to say that? It is definitely easier to say what we can do then do what we have said. Have you realised the lack of hours we have in the day is a true excuse? Because I have…. Identify How you spend every hour in a day (It takes 21 days to form a basic habit – as intimidating as it may sound, remember success is just a matter of attitude) Use one week as an experiment – one month would be the best Be as concise as possible when logging...

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HYFLUX PreCapSec- What really matters in a Bond

investing in bonds are safe and slow What are Perpetual Securities Hybrid form of securities that combine features of both debt and equity Won’t be paid on time if Issuer decides to postpone the payments ( But Hylfux has implement a dividend stopper – means if they do not pay regular coupon payment, it will not be able to pay dividend to its shareholders) Won’t be redeemed if Issuer decides not to exercise the call option   “Specialist in water treatment and among the top global desalination plant provider. It operates in Asia Pacific, Middle East, Africa and America....

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5cent, 10 cent, 20cent – The best place to deposit your coins

if you’re a lazy ass like me who just doesn’t want to due with asking people to change with you. I wanna bank in 228 coins (72 50cent, 36 20cents, 110 10cents, 10 5cents) = $65.5 Currently I have 5 Options to choose from: Posb/Dbs – Charges $0.012 per coin (Cost : $ 2.74) Singapore Mint – Charges $3.75 for every 1,000 coins (Cost : $3.75) OCBC – Charges $1.50 for every 100 coins (Cost : $4.5) Citibank – Charges $5 for total coin value below $200 (Cost : $5) Standard Chartered – Charges $5 for total coin value between $20-$100...

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Perennial Real Estate Holdings – What really matters in a Bond

Bond is berry safe Perennial is an integrated real estate and healthcare company, some famous building would be AXA tower, Triple one, Chijmes, Captiol, Chinatown Point 1.Learning the basics 2. The numbers – Financially healthy  Net Asset Value Per Share stands at : 1.345 Debt to Asset : 32.6% (2015) Net Debt to Equity : 50% (2015) In a “Bond” shell, what we (consumer) should look for is the ability of the company to be constantly paying back our money and our purchased value of it… we would’t want to be paying $1,200 (example)  for the bond and getting $1000...

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Insurance – All you need to know in 5 mins

what we seek from insurance is a peace of mind…. but does it really gives it? maybe it does? The 4 Main Types of insurance Term Life  “Term” states that it is for a period normally 5 – 30 years coverage It allows you to choose what is to be protected and hence allowing you to pay lesser premium (Cover only what is needed to be covered) Pure insurance benefit (Very little to no cash benefit ) Endowment (Part of a Term Life Policy) All you need to know it acts something like a Fixed Deposit Whole Life  “Whole”...

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Ellipsiz (BIX) What really matters in a Stock

the only thing that confuse us is our desperation to get rich quick Ellipsiz is in the semiconductor industry 1)  Identification of Companies that are undervalued. Price to book ratio : 0.491 (GSS promotion – 51% discount) Price to earning ratio : 6.533 ( Under valued – Below average < 9.376, Might not be performing so well as compared to its competitor) 2)  Learn about Their numbers Total Asset : $156.39 Mil Total Liabilities : $28.269 Mil Net Asset Value : 76.43 (True worth of each share) Growth Performance : 42.14% Current Ratio : 3.2 (Ability to pay short – term...

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KSH Holdings Limited – What really matters in a Stock

this just becomes a signature heading To answer the previous question more specifically on what companies I should look at…… I normally use SGX Stock Facts Function to help screen out companies with Numbers that interest me Sgx.com 1)  Identification of Companies that are undervalued. Price to book ratio : 0.835 ( Discounted by 16.5% of its actual value) Price to earning ratio : 4.066 (The company is in the average growth & price level across the other companies in the same industry) 2)  Learn about Their numbers Total Asset : $532.035 Mil Total Liabilities : $132.67 Mil Net Asset...

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