Scary truth about accredited investor rule

As an investment blogger, my commitment is to deliver quality content so that readers can benefit from reading my blog. Beyond this, I also hope to build a community by engaging my readers. Thus, if you find this article useful, please email subscribe to my blog for free or share your thoughts in the comment block. Today, I will share the scary truth about accredited investor rule in … [Read more...]

Analysis on Raffles Medical Group

On 20 February 2017, Raffles Medical Group announced a record revenue of S$473.6 million for the year ended 2016, demonstrating its ability to maintain growth amid challenging economy. The result was impressive because it presented a 15.4% growth from 2015, driven by positive contributions from all business divisions. Investment moats Raffles Medical Group is one of my favorite stocks which … [Read more...]

Online frauds in Singapore

Recently, SG Budget Babe wrote a very interesting article on online frauds in Singapore and I thought it would be useful to share a quick post on the same topic. But before that, it is important to note that like many fraud victims, I share the same perspective and argument if I am in their shoes. But for argument sake, this article shall attempt to strike a balance viewpoint from the … [Read more...]

Divested my physical gold

Recently, I partially divested my physical gold for 10% yield amid the rally in gold price. The reason for selling my gold is not because I lost faith in it but solely to consolidate my funds to prepare for the impending Temporary Occupation Period (TOP) for my Executive Condominium. The average annual yield from my physical gold investment is about 3.33%. Although the return is nothing to … [Read more...]

Three things about growing wealth

This will be a short post to capture my thoughts about growing wealth in Singapore. In light of the recent Budget announcements, water prices will hike by 30% in two phases over two years. Thus, it is not matter of choice for Singaporeans to consider growing their wealth to beat the cost of living. All Singaporeans must start the journey as early as possible. Stop tracking expenses Early on … [Read more...]

Research report on SIA Engineering Company

On 3rd February 2017, SIA Engineering Company announced 3Q results for 2016/17. It wasn’t exactly an impressive set of results but the data certainly reveals some interesting aspects of the company’s performance against the backdrop of a challenging operating environment for the maintenance, repair and overhaul (MRO) sector. This will be another research report on SIA Engineering Company … [Read more...]

Will Ezra sink OCBC share price?

On 14 February 2017, OCBC reported a net profit after tax of S$3.47 billion for the financial year ended 31 December 2016, a decline of 11% compared to last year. Not surprisingly, the decline in earnings was due to an increase in net allowances for loans, mainly in the ailing Oil and Gas (O&G) sector. The bank has $15.8 billion exposure to this sector and Non Performing Loan (NPL) has crept … [Read more...]

Why Currency Values Drop After Political Change

Whenever there is political change, there is currency value change. Whether such political change is for the better or worse is often a matter of opinion, but almost every time currency values seem to drop after such a change. Most recently the US dollar has experienced its worst start to a year in decades, mainly due to President Trump taking residence in the White House. There are many reasons … [Read more...]

Buy gold bullion now?

In 2016, Brexit set fire on gold and ignited a rally in gold price. In 2017, it was newly elected US President, Donald Trump who ignited an unexpected gold price rally with his controversial policies. Should wealth builders buy gold bullion now? In my own opinion, every leader is entitled to defend his country’s national interests. Whether Donald Trump’s policies, which have been viewed by many … [Read more...]

Loss aversion

For many wealth builders, winning $1000 in the stock market is very different from losing $1000 in share investments. In fact, many research studies have demonstrated that the impact arising from losses is twice as powerful as gains. This strange phenomenon is known as loss aversion. Coined by Amos Tversky and Daniel Kahneman, loss aversion explains why most people prefer avoiding losses to … [Read more...]

Analysis on Suntec REIT

The rationale for this stock research arises from my recent decision to invest in a reputable REIT with a consistent track record of cash distribution per unit (DPU). Another factor of consideration is the quality of the management in strategizing growth for the company. Suntec REIT seems to fit the bill and hence, this shall be my first analysis on this venerable SGX stock. New chapter for … [Read more...]

Analysis of SingPost

On 29 December 2016, SingPost finally unveiled a new Chief Executive Officer (CEO) through appointment of Mr Paul William Coutts who was previously from Toll Global Forwarding, one of the five divisions in the Toll Group. On the basis of the 2Q2016 financial performance, the new CEO will have his work cut out for him. This article contains my analysis of SingPost. Suffice to say, SingPost’s … [Read more...]

ISOTeam secured a series of new contracts

Despite the challenging economic condition, ISOTeam secured a series of new contracts worth $22.7 million, including a third and single largest renewable energy installation project, worth around $6.3 million. ISOTeam is an eco-conscious Repairs and Redecoration (“R&R”) and Addition and Alteration (“A&A”) specialist in Singapore. I have previously covered this company in my blog … [Read more...]

Developing your growth mindset

In response to my previous article “Surbana terminated 50 staff”, one reader blasted me for writing a disguised advertorial promoting my partner’s See How I Tradelearning program. I was a bit disappointed because my intention of writing that article was actually to encourage readers to develop a growth mindset. If you are interested in developing your potential, please do read on. The term … [Read more...]

OCBC considering sale of United Engineers Ltd

OCBC started the year with a bang by announcing that it is considering the sale of United Engineers Ltd (again). Two years ago, the local bank had tried to divest United Engineers (UEL) but the deal did not materialize. On 7 January 2017, OCBC and its subsidiary, Great Eastern Holding (GEH), appointed Credit Suisse (Singapore) Limited as their financial adviser in connection with the strategic … [Read more...]

Surbana terminated 50 staff

Temasek Holding’s Surbana Jurong terminated about 50 staff who were deemed as “poor performers”. The layoffs occurred a couple of weeks ago, just before the Chinese New Year. Surbana has stressed that the terminations were not retrenchment exercise. The staff were let go simply because of their poor performances. It is indeed a sad day for Singapore. Some people may argue that many of the … [Read more...]

Will Noble Group do an OSIM or Swiber?

Will Noble Group do an OSIM or Swiber Holdings? The embattled commodity trader is currently at a cross-road as many investors wonder if it can pull off a dramatic recovery. Once a blue chip stalwart in Singapore stock exchange, the Hong Kong based company is now trading at penny stock price level. The free fall of Noble Group share price wiped off billion of dollars from its market … [Read more...]

Golden start for gold

What a golden start for gold! Since the beginning of 2017, gold went on a rampage and increased in value by 6% within 2 weeks. This will be a short post to capture the latest trend on gold price. What actually fuel the surge in gold price? Many analysts could not really pinpoint the real cause but it certainly seems like 2016 all over again. But then, when the US Federal Reserve raised interest … [Read more...]

Formidable challenger for Challenger Technologies Limited

Crisis? What crisis? SGX mainboard-listed company, Challlenger Technologies Limited, appears unfazed in the aftermath of the closure of its 53,000 sqft megastore at Funan DigitaLife Mall since December 2015. Last year has been challenging due to the weak economic sentiment but on the basis of the 3Q2016 financial results, it seems that Challenger managed to reduce the impact of its megastore … [Read more...]

SATS flying high in 2016

While the rest of the SGX-listed companies huffed and puffed their way through 2016, SATS was flying high. The share price of this blue chip darling even stormed to a record high of $5.11 in September 2016, setting a gold standard among fellow STI players. Amid the sluggish SGX market performance, it seems very strange that its stock has been so bullish. Just what did the management do that set … [Read more...]