Author: SmallCapAsia

Sunningdale’s share price has declined almost 50% in 6 months; Is the Selldown Overdone?

This article was first published by Ernest Lim. Sunningdale has plunged 46% in less than half a year, from an intraday high of $2.40 on 6 Nov 2017 to close $1.30 on 30 Apr 2018. What happened? Is Sunningdale a “goner”?  Some reasons for Sunningdale’s decline Sunningdale’s share price decline may be attributed to some of the reasons below: a) Sentiment on tech sector has soured Sentiment has soured on the tech sector primarily due to downbeat results or / and guidance from tech companies such as Taiwan Semiconductor Manufacturing Co. Ltd, SK Hynix. Secondly, there are rising fears...

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Spackman Entertainment (SGX: 40E) is trading near its 52 week low, Is it a Bargain?

Recently, Spackman Entertainment has fallen close to its 52-week low, bottoming at 0.078 before its recent bounce up to close at 0.087 on 11 April 2018. This gives it a market capitalization of $60.26 mil. The company has recently swung back into the black with its FY2017 earnings of $3.985 million. With that, our article today seeks to answer the question: “Is Spackman going to turnaround going forward and is it a bargain at this current price of S$0.087?” Before that, let’s dig into its corporate profile. Spackman Entertainment Background Spackman Entertainment Group (SGX: 40E) develops, produces, presents, and...

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7 things I learned from the China Sunsine AGM (You Can’t Miss #7!)

China Sunsine Company Profile China Sunsine is one of the largest producers of rubber accelerators in the world and also the largest producer of insoluble sulphur in China. It engages in the manufacture and sale of rubber chemical products such as rubber accelerators, anti-oxidant agents, vulcanizing agents, and insoluble sulphur. The bulk of its products are sold to tyre makers that consume most of the global supply of rubber, driven by growth in the automotive industry. Some of its customers include Bridgestone Corporation, Michelin Group, Goodyear Tire & Rubber etc. Some of the biggest Tyre Makers in the world In...

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Investing for the Greater Good

Now, this article is not about impact investing* or how you going to make a lot of great wealth. *Impact investing refers to investments “made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return.” Instead, today i decided to take a spin on how you can feel good when you use your “riches” to help other dis-advantaged people. 1. Support the Book Launch of Cathie Chew, an experienced insurance practitioner turned into ‘reverse’ insurance claims’ specialist. — NO, this is not a sponsored post. Just sharing for the Greater Good — I...

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6 Quick Things You Need To Know About SLB Development Limited

SLB Development is a property developer which was spun off from one of the Singapore’s largest home-grown and well-known construction and property group, Lian Beng Group (SGX:L03). SLB has a track record of over 17 years in the property development industry. It has undertaken property development projects spanning across the residential, mixed-use as well as industrial and commercial sectors, ranging from small to large scale. You can find the IPO prospectus here. 1. SLB Development Limited Current Portfolio The company has a presence in Singapore and China market. Its portfolio currently consists of 5 residential and mixed-use property developments...

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A deep dive into QAF limited – the Maker of Gardenia Bread

As i am browsing through InvestingNote.com the past week, i noticed an interesting analysis on QAF. I asked the user “Layers” for permission to share with you and he agreed. So i decided to share with you all too… Invest in QAF to have free bread supply annually? QAF is having a bad bad period in their business owing to bad Forex, cynical pork price and divestment of 20% of Gardenia Bakeries (KL) Sdn Bhd. (GBKL) QAF consist of 3 market segments: Bakery,      Primary production and      Trading & logistic. For bakery, Gardenia is a top selling brand in Singapore, Malaysia...

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How to Use Stock Intrinsic Value Calculator [Include Download]

Before you even get started, click the button above to download the FREE Stock Intrinsic Value Calculator. After you signed up and clicked to download from the email, you can save the excel somewhere (see screenshot below): Open the Excel file and you should see an old example of Jumbo Group where i calculated its intrinsic value during Year 2016. In stocks investing world, we call it the Discounted Cash Flow (DCF) Method. Below is how it looks like: Moving on, we will go through the different fields step by step to make sure you understand the whole flow on how...

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How to Use Stock Intrinsic Value Calculator [Free Download]

Before you even get started, click the button below to download the FREE Stock Intrinsic Value Calculator. Edit with Thrive Architect Below is how it looks like: We will be teaching you how to utilize this Free Calculator to grab Undervalued Stocks! (Discounted Cash Flow Method) 1. Key in Stock name & symbol 2. Enter the Operating Cash Flow [This figure signifies the Free Cash Flow (FCF) for the company. You can obtain this figure from the Annual Report: Take the “Operating Cash Flow” minus “Capital Expenditure (usually used to purchase fixed assets)] You can see below pictures for example… 3. Cash flow growth rate is a bit troublesome… You need to...

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Learn the 5 Golden Rules of Master Investors

Over the years, master investors like Warren Buffett and Peter Lynch have served as role models and inspiration to people to invest wisely. And i can’t help but notice a few winning habits which are similar to different legendary investors out there. If you wish to emulate their success when it comes to investing, it pays attention to practise these 5 Golden Rules: Do Due Diligence Peter Lynch once said that “One should not invest in something that he/she does not fully understand.” Before pulling-out money from your pocket, you should do your homework on the company you are...

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Gadang Holdings is trading at its 52 Weeks Low; is it a Bargain?

Since the end of 2016, Gadang Holdings (KLSE: 9261) has undergone around 290% drop in its price. It is currently trading at MYR 0.9, as of 23 March 2018, its 52 week low. In spite of the low market sentiment and cheap price, its directors are keeping on purchasing the shares at a huge volume. This reminds me of a quote from Peter Lynch, “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise” With such a huge drop and insiders buying, will it be a good...

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A Brief Guide to Investing

Guest Post by Dona Dimaculangan of Moneylenders Singapore, the top provider of customer reviews of legal money lenders as well as comparisons of personal loan offers in Singapore. Earning money has never been easy for anyone. It requires time and effort to achieve the desired gain. Successful people of all time have done utilization of the existing opportunities such as investing. They were able to share knowledge and techniques on how one would be successful in investing. What is Investing? Investing has been defined as allocating or committing capital or funds to an endeavor with the expectation of earning added...

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Is Design Studio (SGX:D11) a turnaround play?

I got a question from my reader a while back. I decided that it is with everyone’s best interests to learn together after soughting his permission so here goes: Question: Hi James, I wonder if I could have your thoughts on the following companies: 1) UMS holdings and its foray into aerospace 2) Design Studio and the recent poor results 3) Spindex and the recent poor results I have held DS and Spindex for some time now and am not sure whether the recent earnings misses constitute drops in fundamentals for the 2 companies. Answer In order to keep...

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5 Quick Things To Know About Riverstone Holdings Limited

Riverstone Holdings Limited was started in 1989. It manufactures healthcare gloves, nitrile gloves, finger cots, face masks, and packing bags. Most of its products are used in industries like healthcare, semiconductors, manufacturing, biotechnology and pharmaceutical. Its share price rose from SGD 0.225 per share in 2013 to about SGD 1.04 per share at the time of writing, a CAGR of 35.8% over 4 years. The share price has gone up substantially due to increase in the company’s net profit. Here are 5 Quick Things To Know About Riverstone Holdings. 1. Growth History The company earned a net profit of...

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UMS Holdings’ foray into Aerospace through JEP Holdings Limited

I got a question from my reader a while back. I decided that it is with everyone’s best interests to learn together after soughting his permission so here goes: Question: Hi James, I wonder if I could have your thoughts on the following companies: 1) UMS holdings and its foray into aerospace 2) Design Studio and the recent poor results 3) Spindex and the recent poor results I have held DS and Spindex for some time now and am not sure whether the recent earnings misses constitute drops in fundamentals for the 2 companies. Answer In order to keep...

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7 Things You should Know About Sasseur REIT IPO

According to the Sasseur REIT’s preliminary prospectus: “Sasseur REIT is the first outlet mall REIT to be listed in Asia with an Initial Portfolio comprising outlet malls located in the PRC. Unlike traditional retailing formats such as department stores and shopping malls, sales through outlet malls in the PRC are experiencing strong growth. Because of the strong growth momentum, the PRC’s outlet sector is expected to become the world’s largest outlet market by 2030.” The excerpt above sounds enticing. However, is it a really good investment? Without further ado, let’s dig more about the REIT’s information in this article....

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