Random thoughts: Losing

No one like to lose. Especially investors, we swear never to lose money.   Can U imagine losing every quarter? Losing quarter after quarters for years? We would most probably be bankrupt, right?27 Now, if we are bankrupt, and someone ask u that the way to overturn the table, is to work harder and win at where u lost? In another word, stand up at where you fall, how would u … [Read more...]

Random thoughts: Caught between a rock and a hard place?

Chill, this is not as serious as the heading suggested, ok? If you are pragmatic, pursuing FI and generally frugal, but your wife wanted the finer things in life, something along the line of 5C, what would you do? I guess depending on the threshold and how big is the gap, everyone's answer will be different. I guess not many would allow the family fiances go into ruin by living like there is … [Read more...]

Recent action: Bought Singpost

Just a head up.   Singpost fell in higher volume today. Guess Alibaba might finally decide no deal for venture of Quatium Solutions? Perhaps the next CEO also ran away? LOL I believe Singpost can grow earnings by 10-20% over the next 2 years, with or without Alibaba. Of course, a JV with more capital injection is welcome. With Alibaba, it might grow at an higher end of that … [Read more...]

Recent Action: Yangzijiang

"I am a poor Poker Player, I let people know my move. LOL" "I am also inconsistent, since I was just blogging about restraining my buy" Hey, Rolf and SMOL, see I preempt your poking first. See how I see you up up and even before I pen anything down, I thought about your reactions. OK, enough bullshit. While the STI is showing plenty of resilience, Yangzijiang is falling. Plenty can … [Read more...]

Random thoughts: All that I did not know about Singpost

This is a random thought series. No numbers or valuation call. I was rather intrigued by Singpost business, creating an Eco-system to feed  into logistic. Singpost aim to be an e-commerce logistic player, many forgot the "logistic" behind the equation. But here goes, what I didn't know, or cannot confirmed till now. I was very intrigued reading the annual reports of Amazon, and EBay, and … [Read more...]

Random thoughts: overcoming the urge to "buy"

Regular readers would have know that I kaisi and sold quite a bit of shares immediately after Brexit. Cash is now about 30% of my investible fund. Usually, I would be "dying" to replenish my portfolio to maximize dividends. Surprising, my Emergency fund and my investible fund is both at my "historical" high, I would usually have a hard time keeping my hand off trigger, but this time now, I am … [Read more...]

Random thoughts: Rethink work-life balance

Is there really such a thing as work life balance? There is, but it is not about work load per se, but about not bringing the baggages of work home. Let's face it, for most of us, we spent the most time at work unless we are man of leisure. I think for most, it's inevitable that we bring work home. But that should be it. Bring work home but not the stress and baggages that come with … [Read more...]

Radom thoughts: Sillyinvestor INc 1H intern report

Chairman Message: 1H of 2016 is volatile, market first went through a correction with no apparent reasons in January and February, It is then when we get busy and bought ST Engineering, CMPH (Which is going to be delisted) and Venture. We also sold Cogent during the first Quarter. It turned out that the correction is what it is, and we made a good trading paper profits on those trades. Cogent … [Read more...]

Random thoughts: Forced Savings?

I have heard of this term rather frequently.Basically, we forced ourselves to put aside a sum of money so that at the end of duration, we got some money saved up. Buying university insurance plan is one of the most commonly utilized "forced saving" which is through an endowment plan. Recently, my wife ask my sis for endowment plan, I ask her why is there a need to do that, since she is … [Read more...]

Random thoughts: Putting ourselves in others’ shoes?

I think we have all heard the above phrase before.   Can we? Really?   If we can't see ourselves clearly. We can't.   Recently, my wife and MIL have been trying very hard to console someone close to them to snap out of her depression and her negativity.   Usually the person get on my MIL's nerves by being too negative and grouchy. While I feel that her predicaments are largely due to her … [Read more...]

Common traits of an effective teacher

Having the advantages of being in 2 schools and also in the vantage position of able to observe lessons of different teachers in action, I think I can start to see some common traits of highly effective teachers. By "Effective", I mean able to value-add in terms of marks. It is scientific and easily tracked, but I am not discounting the intangibles. So here go. 1) systemic approach with the … [Read more...]

Sabana REIT- Read beyond numbers ( Biased )

( no vested interest, divested early 2015)   Sabana has good discount to NAV and good yield, but look beyond numbers.   I have not seen management killing messengers. When rating company S&P reduced it credit rating, what did it do? It requested that credit rating to be withdrawn. It's loans are no longer rated and the reason given is it is unnecessary as rated or not, it's a 45% … [Read more...]

Random thoughts: Lessons learnt during the holidays

Holiday is a more relaxed time. More time to talk "male chicken" and most importantly more time to observe people, reflect on myself and hear carefully what other said.   1) Procrasination   My close friend has some financial difficulties. I didn't ask the details as I am Not prepared for another loan for him. There is some delay in the confirmation of his contract. So I asked if he is … [Read more...]

Brexit and cash holding is 50%

Do what we can control. When I read Brexit is very likely at 12 p.m. I did the following: Consider what size of equity to cash will I be comfortable with. Which are the counters that I am willing to sit through 20-30% loss. Which are the low-dividends companys with high correlation with STI. In 10 min, I took the following actions: 1) Take contra loss of Silverlake axis (recently … [Read more...]

Adequacy of Basic MediShield if you keep to the side of the deal

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If you are Singaporean, and stayed in Ward B2 or C, without any upgrade, how adequate would your shield plan be? It is enough, it seems (if you are not "choy suay" - super unlucky). Lets go through them one by one. First, operations/ procedures https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/hospital-charges/Total-Operation-Fees-By-procedure.html I went through all the … [Read more...]

Integrated Plans are not only about Hospital ward type. (Updated)

If u think u dun mind staying at a B2 ward, good for you. I am not sure, I think if I am sick, I would like to rest in style if I can afford it. But I respect your choice. But please hor, IP is not about room and board. It is never a big item in hospital bill. I know, my mum just passed away, she is hospitalized at MT Alvernia,my dad was hospitalized at a government hospital TTSH ( btw, … [Read more...]

A short write up on Silverlake-axis

(Vested interest) Silverlake is interesting, in my opinion. There are plenty of blog posts regarding the numbers, its FCF etc, so I will not dwell into it. When razor99 wrote a short seller report, it cause the stock to lose some 80% of the value, by suggesting mainly that the numbers are not real and prop up by complicated IPTs. The Deloitte Singapore report while suggesting some better … [Read more...]

Random thoughts: Passion and interest

Recently, there is quite a buzz over the word "passion" I first saw a video on another blogger's blog about following opportunity and not passion. Then there is quite a lot of input about passion, work etc. Here are my poison: Passion in work and passion in life, are they different? They could be, but I think we cannot confuse passion with interest. If we are willing to spent … [Read more...]

Random thoughts: Who kind of investor am I? (From "the art ofexecution" by Lee Freeman)

The book was introduced by Andy from TAcomob blog. It was an easy read, I finish the book in 3 hours, every page of it and even have time to go through some sections again. Easy read but highly enlightening. The third or forth book provide some answers to many of my questions. I will add it to my recommended reads. I am not giving any summary but internalizing what I read with my own … [Read more...]

Do you position your portfolio base on market events?

This post is triggered by this article: http://smr.theedgemarkets.com//article/portfolio-we-are-taking-profit-anticipation-elevated-market-volatility?utm_source=Singapore+Market+Report&utm_campaign=ee5ca7e8b3-Weekend+emailer+-+11+June&utm_medium=email&utm_term=0_46b7beec93-ee5ca7e8b3-90592117 Wow, the edge portfolio is selling out everything. Well, since it is a virtual … [Read more...]