Author: Sillyinvestor

Random thoughts: Sillyinc’s biggest investment in Silverlake

Transcipt of interview with analysts. Disclaimer: contain forward looking statement Q: Why is that u have such a high concentraded bet, I mean investment on silverlake axis? Given that u always proclaim to take a conservative stance when investing? S: yes, we are still accumulating. To put it most simply, we expect core earnings to grow in double digit over the next few quarters. We find it difficult to find a company with a good yield and also growth prospects. Q: why the confidence in growth? S: Silverlake has been winning several contracts over the last 12 months. The...

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Random thoughts: Making friends in the workplace

I have my hits and misses, and had a lot of grumbles from my friends. But I thought some of the below mindsets work well for me. 1) It’s ok to be taken advantage of As long as it doesn’t kill or hurt too much. Doing something to convenient others is not a sign of weakness. Also, do not expect anything in return, if favour is returned, good and it is a bonus, if not, just tell yourself u are nice or it’s part of good karma LOL 2) See the goodness in people We all like to bitch...

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Random thoughts: How businesses react to disruption or competition

Have been sitting on the fence and watching paint dry, while investors make a killing. Yes, even after yesterday drop of 70 points, unless u invested on Thurs, all the banks and properties counters are still way above where they were 3-6 months ago. U would still have made a killing. I am thinking about how my recent investment thesis work out, the qualitative part of it, and I decided to do a summary here. Some companies I invested, some I didn’t. The ways companies can react in the face of disruption or competition: 1) Wait out the cyclical...

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Random thoughts: Emotions and state of mind

This last 2 weeks has been a real roller coaster ride for me, both emotional and physically. Which is really baffling because my dad condition is getting stable and he is somewhat stronger. It is the holiday and I supposedly should have a slower pace at work. I shall not bored u with the details of what happened, but after anxiety attacks again (gone for a long while) and feeling unhappy, I stand to understand the following: 1) letting the guard down Throughout the term, I am working on “fighter/survivor” mode. There are times where I can’t really keep...

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Random thoughts: A lesson for myself as much as for my pupils

Was feeling rather down after I knew my pupils’ results. I have braced myself not to focus on results and instead of results. Easier said than done. I do feel that the kids are learning, but ironically they still doing badly at the assessment. I am quite surprised how affected I was, I was like drained of energy, just felt like sleeping my way through. I am not sure how to break the news to them, I knew some of them have tried really hard. When we stay back late, and was doing a timed practice, I remember them...

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Silverlake axis- Could trust be rebuild?

Apparently, no many think Silverlake could turn around and see better days. For the past 6 months, shares buyback is relentless, just check the sgx announcements, and the volume bought back should not be scoff at. Price hardly move when the market is busy cheonging. For the past 3 quarters, it is dishing out special dividends as it milk GIT. Price hardly move. The last few quarters that are projecting improvement in special projects revenues and in this quarter, guided that liensing revenue would be growing. Still no impact. Dr Goh is owning 70% of the company, is injecting...

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Random thoughts: Journey memory method Part 2

Have been using this method for a month with pupils. Has been using for pupils to remember words, then sentences then paragraphs Even up till paragraphs, it still work. But there are a few reflections. 1) Prevent wastage. For whatever picture that pupils conjured with to remember whatever key words, make sure the pic is clean and easy to connect with other key words. Too much stand alone pictures cluttered the place to store the pictures. 2) Only use phonetic to create pic when the word hold no meaning to pupil, this is a direct contradiction to earlier reflection....

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Random thoughts: Insights gain when teaching pupils memory techniques

Felt like ages since I last blogged. The techniques here refer to the journey method by Dominic. It has worked amazingly well for me, but I am not sure if I can say the same for my pupils, so for the last 2 weeks, I have been trying it out. This is what I discovered: 1) It is not the fastest way to remember things, but if u do it properly, it has high retention rate. My weakest pupils, if I have ascertain they are doing it correctly, has retention rate of 80-100% after 24-48 hours 2) During the...

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Random thoughts: New Year New Gadgets

I started with 2018 being quite loose with money. I use money to improve productivity. I seldom pay to use online tools, but I sign up Pro acc for Purple Culture Chinese tools, so that I can create word puzzle, Bingo Sheets, and Flash cards faster. I also went for a paid version for PDF converter, I know there are many free versions, and using Word Documents can convert PDF file too. But they usually get converted in a messy manner, but not the paid version when I use the trial. I have also finally make the switch from...

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Is silverlake axis acquisitions a good deal?

I might be suffering from confirmation biases here, but I think it is a fairly good deal. Here is why? For the Base Case Acquisition Cost (Profits of all 3 entities do not experience more than 25% earning growth yearly for the next 3 years till 2020 ), the acquisition will be done purely through the issue of new shares. Hence there is no strain on the cash of silverlake axis, neither will it need to takes on loan for this acquisition. New shares issued is cents 71cents, a premium of about 17% over the last traded price of...

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What is my investment plan?

Warning: Incoherent post with main objective of thinking aloud I think I have a plan until when I asked myself this question, then I realized I have many nagging questions and thoughts, so I thought I pen it down and hope it crystallize my thoughts. You can stop reading now if you are looking forward to a coherent post. ————————————————————————————————————————– My plan is simple, has enough cash to buy in bear and enough equity to sell in bull. The % part is also simple. Assume STI historical peak of near 3800 is a peak where I would want to...

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Random thoughts: Knowledge is hypothesis tested

During my course, I learn about several strategies for pupils to remember vocabulary taught. One that intrigued me is the Frayer model. In short, it’s a model that also highlight examples and non-examples as well as meaning etc for a deeper understanding of a word. I tried it for both my higher progress and lower progress pupils. I have since discard both. For the LP, it’s straightforward, they can’t even understand the meaning, no point going so deep into the concept. As for the MP, I struggle for a while. The pupils seem bored when I am explaining the...

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Spying on the war between CDG and GRAB

I was looking around, wondering what counter measures CDG would do in the war against GRAB. Seriously, I think CDG is not fighting a war. It is either too confident or too complacent. I am thinking of the war online. The war on communication and propaganda. I search online Grab recruitment of drivers and CDG’s. Here goes: I saw incentives after incentives. Those who are newly signed-up and those who are already with them. This is not easy and I felt the sincerity or (aggressiveness) in getting driver’s to cross over and stay. Please note that many promotion on...

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Random thoughts: Improving memory of your kids

Exams is around the corner. I realise I share so much on investing but never on learning. So here goes. I was told my earlier post on education/ tuition create a storm at investing note. My apologies, I didn’t read what is written there, I share what I know, u need not agree with me The theory: Memory is about input, working memory, retention and retrieval. To do well, all 4 links need to addressed. Just doing assessment after assessment without input is useless. Also, if u put your clothes is drawer 1, it is most easily retrieve in...

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Short update on Yangzijiang

http://splash247.com/worker-dies-crane-collapses-yangzijiang-yard/ YZJ’s second worksite accident in 3 months. The key event is operations at Yangzi Yard is suspended. There is no update to SGX though. Earlier, there is news that YZJ has retrench 2000 workers. However, it’s yard are busy with orders stretching to 2019. Is there over-work.? It is it just a freck accident This might be the first test for Ren’s son as CEO. Not vested. I dun want to sound like sour grape. Because I sold earlier at a song. But personally, the risk reward profile at current levels is rather unattractive...

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