Author: My Route To Financial Freedom

Putting Ourselves Out There

I’ve never really fully comprehended about the importance of putting ourselves out there until a myriad of opportunities actually happened to me. I hope this writing serves as a message to youths to put themselves out there and reap the benefits of standing up for something and to be passionate about something at least once in their lives. It has been quite an interesting journey since I started using this blog as a platform to grow my interest in investment and personal finance. It began off as a way for me to pen down my ideas and my opinion...

Read More

Musings of a Young Investor: Lessons from Losses

“I have always found it profitable to study my mistakes” – from Reminiscences of a Stock Operator “Those who do not learn from history are doomed to repeat it” – George Santayana With that in mind, I decided that it would be a good opportunity to review my losses after investing in Singapore stocks for 3 years. Since tuition fees have already been paid, it would be wise to learn the lessons and avoid making the same mistakes. 1) Lippomalls [Loss: -3.50%] My first Singapore stock. Classic value trap. Picked this counter because it was providing one of the highest...

Read More

Musings of a Young Investor: What is the Price of YOUR Financial Freedom?

Financial Freedom is the endgame of most if not all investors, including myself. To be able to live the lifestyle that you so desire on the passive income of your investment portfolio and never having to work again is indeed an attractive proposition. Financial Freedom allows us to be the masters of our destiny and designer of our own lives. However, there is a misconception amongst most young investors that one would require huge amounts of capital (i.e. above a million) to be able to live comfortably on the passive income the capital provides. Hence, I would like to shed some...

Read More

My Bull Case For Sarine Technologies (U77)

Introduction I first took notice of Sarine Technologies (“Sarine”) in early 2014. What captured my attention, aside from its skyrocketing share price ($0.10 in 2009 to $3.20 in 2014), was its stellar financial performance ever since the company changed its business model in 2009 from one-time sales to one that is more recurring in nature. However, like what Warren Buffett famously said, “Price is what you pay, value is what you get”. Sarine was trading at S$2.80 (32x P/E) which valued the business at about S$1bn. It was quite clear that most of the future growth prospects of the company...

Read More

My S.W.O.T Analysis For Jumbo (42R)

When I think of Jumbo, the first thing that comes to my mind is their chilli crabs! Whenever I think of it, I can’t help but want to dip their delicious fried mantou buns into that savoury chilli sauce! Jumbo is one of the few companies that have done very well after IPO and seems to be on track to do even better. It IPO-ed at $0.25, look at how much it has risen already! This week, we take a closer look at Jumbo beyond just its chilli crabs, and see if it’s worth buying into! Strengths Renowned Brand...

Read More

My S.W.O.T Analysis of Dutech Holdings (CZ4)New

Dutech is quite an interesting company that is worth taking a look into. Its share price has been relatively muted for many years and has only begun taking off after the 2015 Annual Report that was published on 27 February 2016. Dutech’s business operates in two segments, one being ‘High Security’ and the other being ‘Business Solutions’. You might be interested to know that they are the ones who manufacture ATM machines for banks! Let’s dive right into the analysis! Strengths Sales in USD, Cost in RMB Healthy Financials Alignment of Shareholders’ Interest Supplier To A Growing Market Sales in...

Read More

One Big Lesson I Learnt From Brexit

With all these drama in the market, there was one big lesson I learnt from Brexit. Shut out the noise. Look at a quick search I made on ‘Brexit’, and you’ll see fear painted all over the internet with headlines that would easily scare investors out of their rational minds. To the untrained eyes, all they see is fear and losses. The trained sees the opportunities in crises. While the news portrayed a very negative image of the stock markets, the results were not as devastating despite being “the worst one day drop ever”. Yet despite all of these,...

Read More

Financial Graduation – Have You Graduated?

Singapore is great at churning out high-quality academic graduates but I wonder how many of us have Financially Graduated. Of course, the term ‘Financial Graduation’ doesn’t properly exists because people don’t care enough about it. (And perhaps because I just came up with it.) Financial Graduation is simply the progression from a lower tier to a higher tier of learning. Very much similar to the academic progression that we are familiar with, broken down into 3 stages, Primary, Secondary and University. It’ll just be a fun read for the weekend, but I hope this article spurs you into a...

Read More

My S.W.O.T Analysis For Chip Eng Seng (C29)

This article will serve as a competitor analysis or follow-up of my recent article on My S.W.O.T Analysis For Wee Hur (E3B). I was highlighted about this company by one of our readers and thought it would make for a great article to compare how these two companies differ. Strengths Net-Net Positive Skin In The Game Net-Net Positive Similar to Wee Hur, Chip Eng Seng(CES) also enjoys a positive Net-Net, thanks to its Current Asset heavy and Fixed Asset light structure. However, Chip Eng Seng doesn’t enjoy the same benefit of it’s net-net/share to be greater than existing share price...

Read More

Musings of a Young Investor: Starting Early vs Starting Late

I met an old friend for supper recently to catch up on each other’s lives. Naturally, the topic of investing came up, and my friend (who is the same age as I) made the following comment: “Bro, why do you invest so young? Go enjoy your youth while you still can! No point investing when you’re young with so little amounts, you won’t get far. I’d rather spend money now travelling the world, eating good food, and start investing at the peak of my career where I can afford to invest much larger sums compared to now” While there...

Read More

My S.W.O.T Analysis For Wee Hur (E3B)

Wee Hur first caught my eye when I decided to play around with Benjamin’s Graham Net-Net filter after reading Deep Value Investing by Jeroen Bos. If you haven’t read this book, I highly recommend it! It features a lot of case studies where the author applied net-net filter and his thought process behind the investment. At first glance, Wee Hur wouldn’t interest you at all just by looking at its share price. To me, it’s good news because it means that most people overlook this company simply by visual filter alone! For a start, here’s an interesting point: While share...

Read More

3 Things To Do In A Quiet Market

Let’s admit it, not every day will present an opportunity to buy stocks as an investor. There are periods of droughts and periods of abundance of cheap stocks. So the question is, what do we do in a quiet market? Feeling cash-rich but having little or no opportunities to deploy them meaningfully can be a little annoying at times. But remember, it’s not wrong to hold onto cash. Your cash does not need to be fully deployed all the time if you have a clear picture of what you intend to do in the market. Strategic planning comes in...

Read More

My S.W.O.T Analysis For Sheng Siong (OV8)

I think most people would be able to relate to Sheng Siong because they’ve probably seen it around or shopped in it before. It’s quite surprising how people show little interest to things they see or visit every other day. I thought it would be quite interesting to look into Sheng Siong’s business since I buy my favourite sweets there from time to time. Initially I didn’t think much of Sheng Siong until I actually dug down into its financials. On hindsight, what surprises me is how Sheng Siong consistently escapes my filtering process, missing out on such a...

Read More

My Rant on Credit Cards

A couple of days back, I received a phone call from an old lady who introduced herself as representing HSBC bank, trying to convince me to sign up for a credit card. It’s just normal everyday marketing, but for some reason, I decided not to hang up immediately and say that I wasn’t interested. Instead, I politely challenged her to convince me why I should sign up for a credit card. “If you sign up now, we will give you a free gift.” “You can spend now and pay later.” These were her response, typical ones. For some reason,...

Read More

Straco Corporation (S85) AGM 2016 Takeaways

Straco’s AGM was attended by many happy shareholder who applauded the management for producing record profits as well as successfully turning around the Singapore Flyer. Here are some of the Q&A exchanged during the AGM: 7 Questions & Answers Question 1: What is the average utilization rate of the Singapore Flyer? Are there any initiatives in mind to boost the utilization rates? Management shared that the occupancy rate of the Singapore Flyer is around 70% and that there are plans to spend S$20-30m over the next 2-3 years, mainly focused on F&B services. Question 2: Why has there not been a ticket price...

Read More

Like us on Facebook

Follow us on Twitter