Author: Rainbow Coin

Watchlist: ThaiBev Y92 (2)

Previous post: http://rainbowcoin.blogspot.com/2018/02/watchlist-thaibev-y92.html Not wanting to catch a falling knife, I shall wait for the plunge to end and consolidation to set in before entering. — Side note: Maybank is now running a promotion for fresh funds fixed deposit at 1.65%. Finally increased...

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Book review: Momentum – how to build it, keep it or get it back

This is a big concept book which brought me through the equation of Momentum with brilliant explanations on each part of the formula and a number of case studies on famous companies. You will find the equation right at the end of this blog post. Snippets of wisdom which I have lifted throughout the book are in italic here and my inputs are in non-italic. The concept is not only useful for individuals (who are turning into couch potato like me) but also for leaders who are looking to veer their sluggish companies into momentum (turnaround). Getting into momentum…...

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Old lessons – facing a ‘new worse’

With reference to an old post: A new worse – STI Aug 2011 Add on: Lesson Five – Be nimble. Be impatient to the weeds, slowly rake in the gems when they are on sale and be patient with the gems. Lesson Six – if chance permits, short those stocks that fuel the Bear. (Be careful not to short too...

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What swimming taught me about investing

Investing is pretty much like taking a plunge. Swim or sink. People can set different goals and pace for themselves (I don’t need to be like everyone else). The end of a lap always seems very far away (as I am short-sighted, I can hardly see it) when I started out. With consistency and perseverance, I will eventually reach the other end. I swim in the style I am most comfortable and adept in. It may not be the fastest stroke but it should definitely be one that keeps me afloat and moving. Yeah, it’s very much each to...

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Opportunity costs in stocks market

When we speak of making profits through stocks investing and trying not to lose money according to Buffet’s rule, there is a part of the processes which we may overlook. That is – are we able to minimize opportunity costs throughout our investment journey? Here are some ways in which one may incur opportunity costs and potentially made our faces look like this >> TT (when we look in retrospective). 1) Sitting on too much cash in a bull market This is a total opposite of FOMO (fear of missing out). I can think of two possible reasons for...

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STI 12M returns snapshot

Top 10 highest return Name SGX Code Market Cap (S$Bn) 23 Feb Close Price (S$) 30 Day Volatility YTD Total Return % 12M Total Return % DBS Group Hldgs D05 75.9 29.59 25 19.1 61.5 Oversea-Chinese Banking Corp O39 56 13.37 24.1 7.9 43.1 United Overseas Bank U11 46.7 28.07 21.2 6.1 32.4 Genting Singapore PLC G13 15.7 1.3 27.1 -0.8 29.6 Keppel Corp BN4 14.4 7.96 29.6 8.3 18.1 City Developments C09 11.5 12.66 25.8 1.4 33 Venture Corp V03 7.6 26.66 34 30.2 170.2 UOL Group U14 7.1 8.38 22.1 -5.5 27.5 CapitaLand Commercial Trust C61U 6.1...

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Watchlist: ThaiBev Y92

“Operating profit was THB 2,794,794,000 compared with THB 7,172,763,000 a year ago. Net operating profit was THB 3,165,037,000 against THB 7,337,061,000 a year ago. Profit before income tax expense was THB 3,993,173,000 against THB 9,149,891,000 a year ago. Profit attributable to owners of the company was THB 2,911,892,000 against THB 7,714,855,000 a year ago. Basic and diluted earnings per share were THB 0.12 against THB 0.31 a year ago. Net cash from operating activities was THB 5,789,946,000 against THB 7,797,559,000 a year ago.” First Quarter ended Dec 17 [Source: SGX] Price watch points as indicated above and I shall...

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Charting Ascendas H Reit

Recent News DIVESTMENT OF ASCENDAS CHINA HOTEL INVESTMENT LIMITED AND ASCENDAS HOSPITALITY CHINA PTE LTD Ascendas Hospitality Reit will be divesting Beijing Novotel Sanyuan and Ibis Beijing Sanyuan  for RMB1,156.4 million (or approximately S$235.9 million). Aggregate valuation of the Properties was RMB574.0 million (or approximately S$117.1 million) (“Independent Valuation”) as at 31 October 2017. Completion is expected to take place in first half of FY2018/19. Reasons for the divestment: Agreed Purchase Price is Attractive To free up capital and provide greater financial flexibility for fund deployment towards potential acquisitions, value enhancement and/or debt repayment. Reference: http://ir.a-htrust.com/newsroom/20180129_174423_Q1P_VBYBLFV4BCKKIEBG.1.pdf The divestment proceed...

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Elder’s favourite indicators

I was reading Alexander Elder’s book “Entries and Exit” and he mentioned using 5 indicators to help him determine trade actions (there is no need to use more than 5). They are namely – moving averages, channels, MACH-Histogram, Force index (invented by him), and momentum indicator such as Stochastic. Here are a few indicators which I think are relatively easy to use and worth re-visting. I am a believer of using technical analysis to buy fundamentally good stocks. As a reminder to myself when choosing indicators, I have briefly summarized their key features below and if you want to read the...

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Charting DBS, Keppel Corp

I know this is like looking at the rear-view mirror but I shall see how I can apply past lessons to future trades. I charted periods of both when their stock prices declined and also when they ascended. (I prefer to use stoch 20 as it is smoother instead of 14, one of them I forgot to change.) DBS Keppel Corp...

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Distilled thoughts on business & people management

There are many great articles out there, notably from Harvard Business Review and Inc.com, that talk about leadership and how to manage a business. I would say I am quite an amateur in terms of people and business management (as I only started taking on a managerial role in 2013). Regardless of where our core expertise lies – we can be our ‘own shepherd’, the entrepreneurs or in the corporate world climbing the career ladder, I dare say that these two are the most important aspects to master. Within the scope of people and business management, there are of course...

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Asset play – GL limited

Instead of sitting on my current holdings and hoping that the bull doesn’t lose its energy, I decided to reap some profits from OCBC (after reaping Genting last month) and put the freed capital into other ‘down’ stocks with potential of rebound. Recent purchases made are M1, Singtel, Comfort Delgro and GL limited. Regretfully, I didn’t watch the market closely last year and missed...

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Making sense of Warrants

In my previous post, I mentioned one of the investment things I want to learn about this year is warrant. My intention of buying warrant is to use it as a hedging tool for my existing holdings. I have read about options and kind of know how they work. SGX has no options for trading, sg’s version of options are structured warrants, which I won’t go into details introducing it you can go to SGX’s website to find out more. One notable draw back of structured warrant is that it cannot be exercised to purchase or sell the underlying...

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7 years of blogging – flashbacks

Blogging over the years has been a therapeutic hobby to me. It helped me to settle my ever-whirling thoughts, forced me to research whenever I am confused, made me reflect upon my actions and remember the knowledge and experiences over the years (whenever I look back at those archives). 7 years may seem a moderately long period, I have given up on a few other blogs but forged on for this one. Just sad to say, I have yet to receive the blogging’s ‘long service award’ of… Google ad earnings. So blogging is not an alternative sustainable income source...

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My story of Aztech and Bakertech II

I have talked about my Aztech story in the previous post, now let’s move on to the second story, which is BakerTech. The stock is still trading on SGX. 2. The Baker Technology story Why I invested in it? It’s got an attractive dividend yield for its share price and the oil industry was doing very well back then in year 2010. I recalled there was a special dividend in 2013 of $0.085 per share. If you searched around, quite a few finance bloggers / sites did cheer-leading for this stock till year 2014, which further boosted my conviction that this...

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