Author: SG Wealth Builder

Corporate battles of Q&M Dental Group

Email notification Lately, I went for wisdom tooth extractions and is in the midst of recovering from the operation. Like many people, I have deep fear of visiting the dentist. So you can imagine how traumatizing the whole experience it was for me. Incidentally, a member of SG Wealth Builder requested me to do a coverage of Q&M Dental Group. Although I do not feel like reliving the horror, I found out this counter could be an interesting stock. Business profile More than 20 years ago, founder of Q&M Dental Group, Dr Ng Chin Siau, was rejected a place...

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Building wealth together

It was in 2012. Back then, this wealth blog had achieved some level of success which attracted a number of companies looking for partnerships. On one occasion, I was invited by an event company to promote an investment seminar. In return, I would be given a free ticket. Usually, I would have declined such a request but one of the speakers turned out to be Jim Rogers, my favourite investment idol. Thus, I had accepted the invitation without hesitation and attended the event with much excitement. Jim Rogers Jim Rogers, as we all know, is an American famous for...

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Civil war at cash-rich Genting Group

Civil war broke out at Genting Group as members of the founding family engage in explosive lawsuits which threaten to undermine the control of Executive Chairman, Lim Kok Thay. The legal battle involves the will left behind by the late founder, Lim Goh Tong. Apart from this, Kok Thay is also engaged in a separate lawsuit with one of his sisters over beneficial interest in a block of Genting shares. Many people fear that the family feuds would lead to devastating turmoil for the revered casino operator. But as far as I am concerned, I am convinced that the...

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Why ComfortDelgro investors should run for their lives!

Once upon a time in Singapore, taxi drivers held commuters to ransom with their ridiculous surcharges, bad practices of taking longer routes to earn higher fares and going ‘MIA’ during peak hours. Suffice to say, in every industry, there will always be black sheep. But the emergence of Grab and Uber have changed the game and levelled the playing field. Among the biggest casualty from this fall-out had to be ComfortDelgro, the largest taxi operator in Singapore. The irony about ComfortDelgro is that as a taxi operator, it derives the bulk of its revenue from bus and MRT businesses,...

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Is M1 a falling knife?

Sometimes, life is stranger than fiction. In my years of investing in SGX stocks, I have come across many investors who persisted in buying more shares of companies whose business fundamentals turned sour. Perhaps they did not have the time to read the financial reports or maybe they just lack the competence to do a proper due diligence. So in M1 case, is it a case of catching a falling knife? When investing in stock, never just study the trend of the share price. This is especially so if you consider yourself to be a long-term investor. Recently, several...

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Light at end of tunnel for ST Engineering?

Being Singapore’s aerospace and defence group, one wonders whether ST Engineering has lost its investment fortress. Revenue has stagnated since FY2012 and net profit plunged from $576.2 million in FY2012 to $484.5 million in FY2016. Due to the declining financial performance, the stock price had also dropped from a high of $4.45 in FY2013 to the current $3.36 level. Is ST Engineering a value trap or bargain buy now? This article will examine the merits and risks...

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Sembcorp Industries Ltd

SG Wealth Builder Membership Join me on-board my wealth building journey by clicking on the image. Be part of the community! Subscribe to Blog via Email If you are not ready to join as member, you may opt to enter your email address to receive notifications of new posts by email. Note that you can only view excerpt of the articles as non-member. Join 2,980 other subscribers Email Address Keppel Corp’s massive fine of USD 422 million over corruption charges had cast a spotlight on rival Sembcorp Marine. The record fine had raised questions on whether Sembcorp Marine would...

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Legend of United Overseas Bank (UOB)

2017 had seen local banks like OCBC and DBS making strategic acquisitions to grow their wealth management portfolios. Yet UOB is surprisingly quiet on the merger and acquisition front. What is the venerable bank up to? Is merger king, Wee Cho Yaw, plotting something special in 2018? Once upon a time in Singapore’s banking fraternity, there were four local “Heavenly Kings” – Development Bank of Singapore (DBS), United Overseas Bank (UOB), Overseas Union Bank (OUB) and Oversea-Chinese Banking Corporation. They are all household names and I believe most Singaporeans have experiences with their bank products or services. On looking...

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DBS CEO laughing all the way to the bank

The recent upturn in Singapore economy led to a surge in local banks’ share price. Generally seen as the bellwether of the economy, bank stocks are extremely sensitive to economy conditions. South-East Asia largest bank, DBS, is no exception. The share price stormed to record high of $26.60, an impressive level not seen even during the boom years preceding the Great Financial Crisis. The power surge of the share price had created much wealth for many wealth builders, including DBS...

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SG Wealth Builder Promotional Offer

Since 2010, I have been blogging about money and investment stuff. My spouse often asked why am I doing this through the years? After all, I am not compensated for the sharing and my blogging had led to a lot of sacrifice of my family time. Indeed, if I am doing this merely for fame or money, this blog would not have sustained till now. I am talking about 8 years of blogging, not 8 months. Many bloggers would tell you that building a blog from scratches requires a tremendous amount of effort and time. Sometimes, after years of...

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Networking: Planting the seed of opportunities

It has been several years since Singapore leaders led the movement of “Every School is a Good School”. The aim of this campaign is to place less emphasis on academic grades, thereby creating a less stressful environment for our children. While the intention is good, it does not address the main reason why Singapore parents are so keen to send their children to top primary schools. In this article, I will share my views on the importance of network and the importance of who you know. What you know To put things into perspective, most Singaporean parents want their...

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Perennial Real Estate Holdings versus Raffles Medical

The story of Perennial Real Estate Holdings is certainly intriguing. Having made its way into SGX stock market in 2014 after staging a massive $1.56 billion reverse takeover of St James Holdings (the famous nightclub operator), Perennial counts Wilmar International and Osim founder, Ron Sim as major shareholders (combined 35%). Recently, it announced a US$1.2 billion Joint Venture Vehicle with First Close of US$500 million to Invest in HSR Healthcare Integrated Mixed-use Developments in China. The entry of Perennial...

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From pork seller to CEO of Sheng Siong

From pork seller to CEO. Nope, this is not the plot of the latest Mediacorp drama nor the story of SG Wealth Builder. Instead, it is the real success story of Mr Lim Hock Chee, CEO of Sheng Siong. From a humble outlet at Ang Mo Kio, Mr Lim grew Sheng Siong to the third largest supermarket operator in Singapore and eventually got it listed in 2011. Since its debut at IPO price of $0.33, the share...

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SGX stock review 2017 – Noble Group

Due to a request from reader, I am consolidating a series of analysis for Noble Group in 2017. The links to the articles are below and they are unprotected for a limited time. Thereafter, they will be locked up and you need to register as member of SG Wealth Builder to access the premium content. Do take note that this counter is very risky and novice investors should not attempt to trade it if there is a lack of understanding on the business model. This article is also only for information and not meant to induce or serve as...

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5 SGX stocks to invest in 2018

With Dow Jones on course to hitting 25,000 points, the US stock market is certainly on a bull run. Over in Singapore, the Strait Times Index is not doing too badly either, adding 1.8% for the month of November and bringing its year-to-date dividend inclusive return to 23%, compared to an SGD denominated average returns of 18% for the benchmarks of Australia, Hong Kong and Japan. In this article, I will share my views on the 5 SGX stocks to invest in 2018. For the past 7 years, I had been sharing my insights and strategies on a number...

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