Author: Sillyinvestor

Random story: I’m 1 war strategies

M1’s ruler is glad the renowned strategist is willing to offer advice. “What are my greatest threats?” Sun Biscuit said:” Know your enemy know your yourself. Your potential competitors outclass you in size, balance sheet strength, and most importantly, it’s only using the spare troops to try to conquer. Internally, u have no great commander, your search yield many people with potentials, those in the fixed services, some in niche products like the MOS Payment, but these are just beginning, with no market share of real battle experiences, so u have no commander to lead.” M ask:”It’s my home...

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Random thoughts: Becoming a teacher again

I have been at my job for more than 12-13 years. Through its ups and downs, I would say I am generally satisfied with my work as a TEACHER (There are a lot of things that are not teaching related, even indirectly)   Recently, I felt very thankful and fortunate. It’s like becoming a new and beginning teacher all over again. Doing things different, feeling that heartbeat of a teacher.   During my college and NIE training days, I ask myself what kind of teacher do I want to be ? I told myself I want to be a...

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1H 2017 Sillyinvestor Inc Intern Report

Chairman Message: 1H2017 is a bull run, with the world drunk on Trump’s tax promises, financial deregulation. Sillyinvestor Inc did not gain much from this bull run because there was plenty of profit taking throughout the 1st Half of the year. 1.The company did reach a milestone, and that was the portfolio size including cash finally crosses 100K. We sold Accordia Golf Trust, Yangzijiang, SIngpost and Venture. All except SIngpost were exited with a profit. Singpost Loss is neligible as we manage to buy at a low price. The only buy action was centered at silverlake axis. The story...

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Random thoughts: Rainy days, Singapore

I have been walking around Singapore with my family. We been to river safari and sentosa. Broadwalk during rainy days. I thought the view during rainy days are beautiful. Rainy days also mean the crowd is more manageable in the beginning. Otters at river safari are particularly playful and active during the rainy day. Very photogenic. Remind me of the contrarian style of investing. Seeing beauty in the rain. My biggest holding in terms of cost invested is Silverlake axis. It’s has been rainy for a while. People seem not to see the rainbow. They won 3 contracts in...

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Random thoughts: What a father wants?

Father wants the best for family. Many interesting stories from my father. How he was bullied at work, ask MP for help for hawker stall. How he keep delaying his Heart surgery for us, and finally got the community chest to heavily subsidize his medical bills from 38K to 8K How he was not trusted with petty cash to give change to customers even when it’s a family business and how pissed he was. How he wanted to clearly state how his money will be split when he passes on. Not that there is a lot to be inherited...

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Random thoughts: Swopping 3 Cs for 1 C

For my generation, the 5 Cs are Condo, Car, Country Club membership, career and cash. I think no one talks about them anymore.   I remember when I first blog a post about convincing my wife against selling HDB for a upgrade, there are readers that swear by the property Upgrade game to millionaireship   I have also know of many who wanted to leave behind a property for the children because HDB will cost 1 million in their time to come.   The topic still props up now and then. But I am glad we didn’t bite. My...

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Random thoughts: 2017 1H in review

2017 has a been year of many significant changes.   In terms of work, I was given a 17 weeks period to study and develop myself. The course materials are so-so, but I think I read and reflect enough to go back to work with a new purpose.   I think I am different, and my colleagues can tell the difference. I am not sure if it’s for better or worse, but I think I am more firm and purposeful now, regarding what needs to be done.   My friend told me I am calmer and speaks more clearly...

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Random thoughts: Understanding myself better @ work

I am back at work for 2 weeks. Beside the first 2 days, the usual hectic and crazy schedule is back. 4-5 to do things, bosses calling you in the last minute, staff looking to you to problem-solve, when I myself has plenty to troubleshoot I am however, coping much better. Of course the long break help. But I have been down with flu, but my motivation has not been affected, I think I have figured why: 1) Always prepare my lessons even if it means I get less sleep. I realize what made my day unbearable is not...

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Random thoughts: All about "S"s

The S refer to 4 things. Silverlake axis, Singpost, Situation at work and Scolding. Silverlake and Singpost should see better times ahead. Silverlake recognition of Project services rev will pick up fromQ4 onwards. But the golden Goose of GIT is slayed. It stake is less than 5% now, and the accounting profits already captured in this quarter. There could be further loss or gain depending on OTC, but overall it’s game over. So while the core operating no. Might be doing better, it might be offset by the volality of market prices. Also, according to RHB analyst, captured in...

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Random thoughts: 3 M at work

We all know the 3 M of investing. My chapter as a student has closed. During this 17 weeks, I have been actively pursuing Method of the 3 M of my work. There is plenty of knowledge to be gain and it provide clarity. However, I realize yesterday I did not prepare for or thought the Mind will not be a problem. I am feeling super sianz and lazy. I did still spend the last day mugging and thinking in the library. I knew I wouldn’t have the luxury of time and clear mind when I jumped back to...

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Random update on Silverlake axis

Recently, Silverlake axis has perform poorly in terms of price, especially as compared to iFast, which did better due to a few reasons: a) Positive outlook by management b) better results and 3) insider buying.   I realize the Cash Cow of Silverlake recently is having tough time.   GIT price has already halved (http://www.hupogu.com/S/SZ300465/view-post) and is planning a big acquisition spree. Its latest quarter is bleed almost 15 mio, so it is about 3 mio Sing dollars or 9 mio ringgit. Silverlake holds slightly less than 10% of GIT so its associate loss should be less than 1...

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Random thoughts: Stock selection and market timing – Part 2

This is a follow up to the previous post. It is here I will try to reconcile some tensions. 1) Market timing is possible. If u are waiting for value to emerge, you are timing the market. When value is low, u buy, and over-valued u sell. 2) But The over-valued get higher and the under-valued get lower. This type of market timing is impossible. U can’t really exit near top or bottom. 3) Value is not static Waren says buy great company at fair value. 20 + PE is a steal if a company can grow strongly over...

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Random thoughts: Stock selection and market timing

Recently, my mum-in-law said she was afraid of Korea War, she asked me how. I told her if she is very worried, take some money off the market.   She asked me to take a look at her portfolio. Some of her counters were from donkey years, salted fish until cannot salt Liao. I ask her if she want to remove deadweight, she said ok.   She showed me her sgx statement for the past few months, the period of STI rise of about 10%. I realize almost all her counters, also rise and gain with the market. Some...

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Random thoughts: Are u attracted to labels

Labels? What is the first thing that comes to your mind?   —– Let me guess. Brands? Handbags etc. Labels refer to anything that can be classify under a name. Brand is a label premises on a PROMISE of quality and a particular experience. Concepts is a label too. Label makes communication easy. Say “fallen angel” in investment context and people understand. It’s makes complex and detailed information concise. It could do the reverse too. I make people react to the first and basic information without regarding the discourse of it. Let’s try another example. Free Cash Flow is...

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A letter to myself 12 months down the Road

Writing a letter to myself 12 months down the road is an idea from SMOL. It is like a self-check that whatever new found vision or purpose in education I found during the last few months will not be like sun-tan I had wanted to write this letter at the end of the course, which is 4 weeks down the road. But decided to start writing to get my initial purist ideas as intact as possible. It is getting more hectic now, running back to school to settle work more often. Also, talking about PSLE results with another HOD...

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