Author: Sillyinvestor

Discussion on comfort delgro

This post is kind of triggered by B’s blog post. There is an robust discussion over there. Some of the ideas throw out also appear in valuebuddies. I would just like to share my view on some of the thoughts and comments. I am only interested in the forward looking comments, that’s where the fun comes in; as for past numbers, there can be little arguments. Here goes: (B, no disrespect, come join and poke me too) 1) Grab business model is unsustainable. MHO:Yes, it is burning cash. But it can burn cash long enough to create a lot...

Read More

Random thoughts: Of respect and happiness

Just my weekend musings: There are 2 ways to happiness. One is to accept current situation. Second, is to pursuit what u want. My observation is there are many seemingly poor or “unfortunate” people who are happy, because they accept their bad set of cards. There are many energetic people with a goal in their life and passionate about their life. Respect, what do you respect? I didn’t ask who. 1) Character- e.g. Resilence, wit etc 2) Money 3) Power – Position of authority, etc I will be honest, I respect all three to varying degree. I don’t just...

Read More

Random thoughts: Of Swordplay, Pedagogy and Investment

What does these have in similar?   They have many forms, but at its core and substance, more will converge, and there is a return to basic.   One of my favourite swordplay movie, 《蕭十三郎的劍》,about 2 top martial art experts, sharing their essence of skill before duet. The essence of one is “flow and change” and the essence of the other is “basic” yet killing moves.   It’s a fun and insightful show. The one with basic moves wins. I makes me think a lot about teaching. There is so many pedagogies, ICT-infused lesson, collaborative learning, inquiry-based learning, game-based...

Read More

Bought Raffles Medical

Raffles Medical for 2 quarters, has lost it shine as a grower. Both revenue and Profits were flat. Before this, it was a darling because of the below: Very consistent, isn’t it? Now, with earnings stagnating, it show the share price hit a 52-week low recently.  An almost 1/3 fall from its peak. If u read around, there are many reports that state how its business might worsen. Let me summarize (Parrot): 1) Holland V Medical is fully leased but there is no spike in revenue, that means the patient load is worse than expected. 2) China expansion will...

Read More

Random thoughts: Where is your solace

This post is triggered by a post from AK. He noticed one of his reader might be at risk/ already in depression. It reminded me of a period of difficulty, when I see only suffering. I was lucky, there was solace from home, although my spouse’s family also meet with difficulty. Yup, it never rains but pour. Ironically, the solace I seek then was work. Being with my pupils. I live by the day, waiting for the quiet of night to have some peace.  I also know of someone who always talk about taking her life. I know of...

Read More

Random thoughts: Defensive stocks?

What come to your mind? Names or numbers? In the past, perhaps 1-2 years ago, you might name telcos, healthcare/ heathcare reit? The 3 telecoms are suffering from investors’ anxiety without real confontation from TPG. Having another player at the table has lead to some analysts to shout which company might be merged. Is Singapore market too small for a 4th Telco? Only time will tell, but if u tell someone on the street now that M1/ starhub is defensive, but for the dividends and its cash flow, I am Not sure if u get the same reactions from...

Read More

Random thoughts: Myths of ways to academic achievements

Views are my own only.   1) Tuitions must be given to children because everyone has it.   This is simply not true. In my experience with schools, I know there is no simple correlation between tuition and performance, especially if parents take the attitude of “dump money; solve problem” mentality. Children are not stupid. If u dun tell them or discuss with them the reasons for tuition, they will take their tutors as just. Answers machines.   I know of children dying to take work home because it is so much easier to be a copier at home....

Read More

Random thoughts: POSB Smart Buddy Program

The buddy is a smart watch. My son has one. This is a cynical post. Be warned I think it’s not a bad product. And POSB marketing is brilliant! Get the parents to request school to implement it, and parents and child get a free watch. The thing is I felt offended IS that schools are like sheeps jumping over loops. Still let media trumpet their cashless initiative. Of course there is agenda, support government drive go cashless Ma. But, why POSB over others? Does school Monitoring the spending habits and balance of pocket money help kids develop better...

Read More

Lee Metals Q2 results sucks

Q2 results is out, it’s profits fell almost 65% compared to a year ago, and 2017 is supposed to be a stronger year when demand for construction and hence steel is concerned. In my earlier post: “If we track BCA demand, 2015 is a bountiful year. Billing was 35 Billion. 2016 was 26 billion. 2017 minimum range is from 28 billion. The recent budget announcement has 700 mio public project brought forward. Of course, there is a possibility of demand falling short, but that is highly unlikely as these projects are local and mainly government projects (2/3 of projected...

Read More

Random thoughts: 15 years dabbling with stocks

I remember my very first stock buy. It was SIA. My brokerage then was jassion? Can’t remember the name now, it was acquired by UOB Kay Hian soon.   It was a $7 stock when I bought it after September 11. I bought only 200 shares. SIA has SIA 200 then. It is a bagger.   It turns out, it is is the only bagger. I knew nuts about shares then, but I had a bagger. Ironic, if u ask me. I knew nothing  about FCF, growth prospecting, DCF etc.   I didn’t need to hold it for donkey...

Read More

Random thoughts: Outsmart by pupils, LOL

Today, I did a revision of vocabulary through a game. They all became Pokémon Trainer. They search for printed quizzes with a picture of Pokémon. They by solving the quiz, they will get code for them to key into a webpage containing the picture of a Pokémon. They then just do a screen shot to “catch” the Pokémon. There are altogether 16 creatures (common errors in vocabulary) in 32 sheets for them to find and catch. I am surprised that my class could catch a majority in 30 Min. My previous experience with my class last year (higher ability...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

Like us on Facebook

Follow us on Twitter


Recent Comments