Author: Investmoolah

First Ship Lease trust (FSL Trust)

A few major developments has happened on FSL- one of it is the securing of three loans which in my opinion secures the survival of the trust.Refinancing Concerns- ClearedMr. market has been concerned by the syndicated term loan FSL has. Due to the clause in the term loan, all bankers in the loan has to agree to an extension before it can be renewed after Dec 2017. However, FSL hit a road block when not all parties agreed to extending it; as a result the trust is under court protection and this has spooked investors.As of now, FSL’s debt...

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What Twice taught me about Share Prices

This was a post I had pondered about writing since Dec 2017, but stopped short due to the fear of ridicule from the Investing community; but since Twice’s popularity has grown ever stronger. I shall take the plunge. So hope you all will “Likey” this post.For K-pop fans especially boys, no introductions is needed. For those not into K-pop, avid readers of investing, Twice is probably definitely the hottest (and loved by a certain gender) Korean girl group. Debuting in 2015, the group gained popularity in 2016 with their Single “TT”. In Oct 2017, they released “Twicetagram” and since then their...

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What Twice taught me about Share Prices

This was a post I had pondered about writing since Dec 2017, but stopped short due to the fear of ridicule from the Investing community; but since Twice’s popularity has grown ever stronger. I shall take the plunge. So hope you all will “Likey” this post. For K-pop fans especially boys, no introductions is needed. For those not into K-pop, avid readers of investing, Twice is probably definitely the hottest (and loved by a certain gender) Korean girl group. Debuting in 2015, the group gained popularity in 2016 with their Single “TT”. In Oct 2017, they released “Twicetagram” and since then...

Read More

New Portfoilo Addition: MTQ

I have bought 50,000 MTQ rights at $0.018 which can be exercised at $0.20. I intend to exercise and thus will be investing into MTQ at a price of $0.218. Background MTQ is a relatively unknown in the investment community due to its small cap and that it is in the O&G support industry which is now unloved. MTQ has 2 core divisions – Oilfield Engineering and Engine Systems. Due to the recent downturn in the O&G space, the company has been burning cash and making losses. My investment thesis is simple- I am buying and hoping that MTQ...

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New Portfoilo Addition: MTQ

I have bought 50,000 MTQ rights at $0.018 which can be exercised at $0.20. I intend to exercise and thus will be investing into MTQ at a price of $0.218. Background   MTQ is a relatively unknown in the investment community due to its small cap and that it is in the O&G support industry which is now unloved. MTQ has 2 core divisions – Oilfield Engineering and Engine Systems. Due to the recent downturn in the O&G space, the company has been burning cash and making losses. My investment thesis is simple- I am buying and hoping that...

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What Competition Commission Singapore should really be tackling instead of Uber/Grab Merger

Many of us are probably aware of Uber/Grab’s merger; some of us may also be aware of Competition Commission Singapore’s (CCS) decision to commence investigation into the merger on grounds of a “substantial lessening of competition”. It is good that CCS is attempting to preserve a competitive landscape for us consumers, however this whole episode raises one question. Before Uber and Grab arrival into Singapore Prior to the arrival of Uber and Grab, Singapore already had a taxi industry that competed intensively among themselves. Under the Public Transport Council (PTC) and LTA’s mandate, taxi companies were also forced to...

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What Competition Commission Singapore should really be tackling instead of Uber/Grab Merger

Many of us are probably aware of Uber/Grab’s merger; some of us may also be aware of Competition Commission Singapore’s (CCS) decision to commence investigation into the merger on grounds of a “substantial lessening of competition”. It is good that CCS is attempting to preserve a competitive landscape for us consumers, however this whole episode raises one question.Before Uber and Grab arrival into SingaporePrior to the arrival of Uber and Grab, Singapore already had a taxi industry that competed intensively among themselves. Under the Public Transport Council (PTC) and LTA’s mandate, taxi companies were also forced to adopt a unified...

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What Competition Commission Singapore should really do for Uber/Grab Merger

Many of us are probably aware of Uber/Grab’s merger; some of us may also be aware of Competition Commission Singapore’s (CCS) decision to commence investigation into the merger on grounds of a “substantial lessening of competition”. It is good that CCS is attempting to preserve a competitive landscape for us consumers, however this whole episode raises one question. Before Uber and Grab arrival into Singapore Prior to the arrival of Uber and Grab, Singapore already had a taxi industry that was competing intensively among themselves. Under the Public Transport Council (PTC) and LTA’s mandate, taxi companies were also forced to...

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Why Singapore actually has a housing oversupply

At the start of 2015, I posted an observation on a forum that Singapore has a ratio of 4.14 people to housing units based on 2014’s population numbers. These numbers included foreign workers, students, maids etc. So how then did it fare now based on 2017’s stats? Here are the figures now ^HDB 2017 figure were based as of end March 2017, hence there is a slight underestimate *Data from HDB, URA and Singstats 2017 data As of 2017, this ratio has fallen to below 4. It shows housing supply in Singapore has increased (7.0%) at a much faster...

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Why Singapore actually has a housing oversupply

At the start of 2015, I posted an observation on a forum that Singapore has a ratio of 4.14 people to housing units based on 2014’s population numbers. These numbers included foreign workers, students, maids etc.So how then did it fare now based on 2017’s stats? Here are the figures now ^HDB 2017 figure were based as of end March 2017, hence there is a slight underestimate *Data from HDB, URA and Singstats 2017 data   As of 2017, this ratio has fallen to below 4. It shows housing supply in Singapore has increased (7.0%) at a much faster rate...

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Review of Starhub – Be Prepared for Another Reduction in Dividends

Starhub has revealed another terrible set of performance. This is because of the declining revenue in Mobile and PayTV segments, as a result, Starhub’s cashflow generated for the second half of the year has fallen to only $280 million. This can be seen using a comparsion of the cashflow statements of Q2 and Q4 of FY 2017. First Half of Starhub Cashflow Full Year of Starhub cash flow Declining DeteriorationWith zero1 coming on with its unlimited Data Plan at $30 per month, the arrival of virutal telecos are going to affect the profitability (in turn cashflow) of traditional telecos (E.g....

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Review of Starhub – Be Prepared for Another Reduction in Dividends

Starhub has revealed another terrible set of performance. This is because of the declining revenue in Mobile and PayTV segments, as a result, Starhub’s cashflow generated for the second half of the year has fallen to only $280 million. This can be seen using a comparsion of the cashflow statements of Q2 and Q4 of FY 2017. First Half of Starhub Cashflow Full Year of Starhub cash flow Declining Deterioration With zero1 coming on with its unlimited Data Plan at $30 per month, the arrival of virutal telecos are going to affect the profitability (in turn cashflow) of traditional telecos...

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Update on First Ship Lease Trust (FSL)

A few major developments has happened at FSL Trus . Hence, it is time that a review of FSL’s performance and financial strength be done to determine if the trust is still a viable investment. Recent Developments The recent sale of 3 ships (FSL Tokyo, FSL Santos & FSL Santos) was a major development. FSL is estimated to receive a cash proceed of 26 mil which will be used to lower their debts to 132 mil. Based on the past three quarters of financial results, the 3 ships have produced for the trust about US$2.2 mil in BBCE. Annualising...

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Update on First Ship Lease Trust (FSL)

A few major developments has happened at FSL Trust. Hence, it is time that a review of FSL’s performance and financial strength be done to determine if the trust is still a viable investment. Recent Developments The recent sale of 3 ships (FSL Tokyo, FSL Santos & FSL Santos) was a major development. FSL is estimated to receive a cash proceed of 26 mil which will be used to lower their debts to 132 mil. Based on the past three quarters of financial results, the 3 ships have produced for the trust about US$2.2 mil in BBCE. Annualising it,...

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World Precision Machinery – Undervalued Gem or another "S-cheat"?

Shareholders of World Precision Machinery (WPM) have suffered a torrid time owning this company. Since 2013, shares of WPM have tumbled from a price of $0.40 to $0.196. That’s a decline of 51% (before accounting for dividends). What it does In one sentence: WPM makes metal stamping machines for hundreds of customers in China ranging from automotive plants to household appliances brands. Stamping machines are machines which bends/folds/presses metal sheets into the desired form required by the user. There are two types of machines manufactured by WPM – i) Conventional stamping machines and ii) High end stamping machines. Decline...

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