Author: Just my thoughts on investing

A quick look at Perennial Holdings

In the recent months, there has been a number of share buyback for this counter and thus it got me interested to “dig” further. This counter does not fall under my normal selection as it does not meet my requirements, and certainly, it is not an income stock either as the dividend is not attractive. This counter falls into my short to medium term bucket for capital gain, which also means that I will cut loss if it goes the opposite direction. Investors who invested in this counter must have been disappointed, as shown in the chart below that...

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A quick look at SPH

This is one of the counter that is not loved by investors, and this can be seen since 2016 when the share price started to correct. Many reasons have been shared by fellow bloggers on the corrections, and one of the main reason is the disruption that it faced against it’s print business. However, SPH is aware of those disruptions and have started taking initiatives to counter them. Time is needed for the organisation to turn around and time is also needed for that to be reflected in the share price. At this price, is it attractive enough for...

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A quick look at Sarine Tech

Diamonds are women best friends, it will also become men’s best friend too if it is able to generate returns for them. At the current price, it is about 5% yield. Is this good enough for you? Quick FA Avg 7 years of dividends is $0.057. At 5%, share price is about $$1.1. At 2%, share price is about $2.9. Quick TA This is the 2.5 years chart, and looked at how unloved this stock is by investors over the years. In fact, the share price started to correct since April 2015...

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A quick look at Singtel

SingTel share price started it’s downtrend correction from mid 2015, when the news on the incoming 4th Telco were finally firmed. After two and half years of downward trend, recently, I had friends who came to me and told me that the share price is attractive now at about 5% dividend yield. For my own education, I decided to take a quick look. Quick FA Avg 7 years of dividends is 0.19c 15 times = $2.85 18 times = $3.42 23 times = $4.37 At today’s closing price of $3.35, do you think it’s attractive. Quick TA It has...

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Recent actions from these 2 markets(Dbs, ABC, Comfortdelgro)

We are into the 2nd month of the new year, there is no change in my strategy, still very much using Prof Joel GreenBlatt’s magic formulae. I have taken less position in SG market and moved more into the Chinese market. As US is becoming more inwards, China is taking advantage of this to expand and fill these gaps. In the long run, my view is that this will be positive and will benefit the Chinese market. One can invest through the A50 or CSI300 ETF. For the SG market, I have taken profit on my DBS counter. As...

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Market may be ripe for a correction with the 130 year old curse

Time.com called it the 130 year old curse of the stock market, and it is referring to the unlucky 7. For full article, please refer to here. Why unlucky 7? If you looked at the historic of the US markets, during these periods of 2007, 1997, 1987 and 1907, these were the bear market with the biggest correction.Expanding on the above, Dana Lyons, a partner at J.Lyons Fund Management wrote a blog post with the observation of the magnitude of the  correction for each of these periods and more. You can read more of his blog post here.Below is...

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The simplest way to forecast expected return of the market

Recently I saw an interview below on John Bogle asking his view on the current market, and I thought it was really an interesting and simple way of using it as a guide. John Bogle, who is the founder of the Vanguard Group, shared this method which he had been using for some time. You can find the full video here. Essentially, it consists of 2 main concepts; of Investment Returns + Speculative Returns Dividend Yield + Earning Growth +/- Change in PE ratio   Investment Returns = Dividend Yield + Earning Growth Speculative Returns is the change in...

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Investor Sentiments (July 2017)

How many of us still remember the Asia Financial Crisis which started out of Thailand in 1997? Fast forward, this year is the 20th year since it happened. And today, most of the markets, apart from China, is hitting all time high. Both our sovereign funds released their result last week and they also observed that it is getting difficult to find value in the current market. Fear and Greed index from CNN money and sentiment survey from...

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Magic formula screen for Singapore stocks – 2

Happy Holiday and long weekend to all, it’s been more than 6 months since I last posted the Magic formula screen for Singapore stocks. Let’s take a look at the results if you were to invest in the list of stocks back then and the returns from these counters now. A slight change to the previous list was I have added SPH to the list. On the last column, it shows the percentage returns of each of the counter, Green indicates that it is a gain and Red means it is a loss. We are already halfway mark into...

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Are these stocks potential turnaround?

As the market continue to rise, there are not many cheap stocks to buy and invest in. With this in mind, I thought I will try on short term for a potential turnaround. While the whole world was worried about the Mad Fat Boy launching a missile, I was checking the past few weeks a few counters (including the below) and the TA looks pretty convincing, What do you think of the below, both cut across the 200MA, you think got chance?...

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Recent action – UMS and Keppel Corp

Despite the recent rate hike, the market continued to hitting new high. Since the beginning of this year, I have been reviewing my current portfolio, selling the weaker ones and taking some profit on the strong counters. After the last GFC, I felt that it is better to realise some hard profits and keep them in my pocket than to see them vaporising on paper. Last week, I finally took the hard decision to cut loss on my Kepcorp. This was a counter which I bought at quite a high price, and when it corrected, I should have adhered...

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I took profit for these 2 counters

President Donald Trump has done it again, through his latest speech, it had resulted in DOW JONES hitting new high and thus rallying along the rest of the world indices including STI and blue chips.  STI ETF STI has a good run since last year, it has given me more than 5% gain (excluding the dividends). From the TA indicators, it is in the over-bought zone, I thought it will be better to take some profit first. I still keep some shares as it gives me quite decent dividend yield. An interesting thing I observed in the chart below,...

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My First buy in 2017

These 2 stocks have been on my radar for some time, and I was waiting for market to present an opportunity for me to buy them. Last week, there were some heartbeat from these 2 stocks and I made my first buy for 2017. The first counter which I bought was Mapletree GCC trust. I am wary of the interest rate increase this year which many people spoke about, and that this will affect stocks like Reits and Trusts. The problem with this is that when many people are talking about it, most of the time it didnt happen...

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I have been retrenched …

In the recent months, there have been more news about corporate laying off staffs due to the worsening of the global economy. Most of us won’t feel it unless it happens to you or someone you know. Few weeks ago, I received a phone call from 2 ex-colleagues, and both of them had been retrenched as the unit closed it’s Singapore operation. However, they should be able to tide over this difficult period as they have been prudent and without major debts, apart from daily family expenses.(which the payout should be able to last for sometime). Nevertheless, I feel...

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Recent buy for these blue chips

In the last 2 months, the global stock market suddenly became lively. Last week, even the STI was closing in towards the 3000 mark. Many of the experts have predicted a market correction if Mr Trump won the election, and of course, we know by now that it didnt happen. In fact, Dow Jones has been hitting new high. Market always has it’s surprises, thus time in the market is important. Over the 2 months, I have been loading up DBS, OCBC and YZJ. There are many good articles on the fundamentals of these stocks(i shall not repeat those...

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