Go Find A Purpose!

Zuckerberg to Harvard students: Eureka moment is a lie, go find a purpose I know what you are thinking. You are right.  Newton's third law of motion: For every action, there is an equal and opposite reaction. That's why I always like to hear the opposite view: Survivorship bias   Want to have a bit of fun this weekend?   Look at those people who wear "goals" on … [Read more...]

Sino Grandness and rights issue.

Reader: Just checking can you comment on SINO GRANDNESS rights issue? Is it worth subscribing to the rights? Thanks AK: Always ask what is the reason for issuing rights. It seems like they have trouble repaying debt and, hence, the rights issue. If so, the rights issue does not add value for investors. Subscribe if you believe that the company is able to do much better in future. Reader: ok … [Read more...]

My thoughts on this tiny stock: Singapore Kitchen Equipment (SKE) Limited

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Singapore Kitchen Equipment (SKE) Limited is a tiny stock listed in the Catalist. It was only recently listed on the Catalist on 22 July 2013, and has a market capitalization of only S$24 million. The Business Singapore Kitchen Equipment (SKE) Limited, operating with the trade name Q’son Kitchen Equipment Pte Ltd (Qson), since established in Sept 1996, had gone from strength to strength, … [Read more...]

Singapore Semiconductor Stocks Riding the Cyclical Upturn

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Global semiconductor industry is in a cyclical up-cycle, driven by Internet of Things (IoT) and mobile devices. Strong growth in electronics and precision engineering clusters likely to provide support to Sinapore’s economy in 2017. The 12 semiconductor SGX-listed stocks, riding on the strong near-term momentum in the industry, generated an average total return of 65.7% in the year-to-date, … [Read more...]

Figtree Holding – What really matters in a Stock

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Build Industrial and Commercial Facilities | Developments in China & Australia | Projects in Singapore, Malaysia, China Comparison will be done with Green Build Technology (Y06) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.124 (12.4% below fair value) Y06 – 4.391 Price to earning ratio : 6.306 ( Below industry standard – 27.96) Y06 – 24.13 2)  LEARN … [Read more...]

FIVE GOOD SINGAPORE STOCKS

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The recent episode about the southing of Noble Group stock price as well as recent sagas over beleaguered offshore and marine stocks highlight the importance of good fundamentals for listed entities. From all these years of my investing experience, before an investor could even talk about a stock being a growth stock, the investor has to better ensure that the company he or she invests in has … [Read more...]

8 things I learned from Al-Salam REIT’s 2017 AGM

For those who have travelled between Singapore and Malaysia through the causeway, you have noticed the City Square Mall located right beside Johor immigration complex. For years, City Square Mall has been the only modern mall located on the main street of Johor Bahru. However, in recent years, the redevelopment of Johor Bahru city has brought us the Komtar JBCC mall. Fully opened only in 2015, … [Read more...]

Guest Post On Haw Par Stock By InvestingNote

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Heartland Boy had previously analyzed Haw Par but could not totally comprehend its valuation as a conglomerate. To err on the side of caution, he decided not to proceed with his investment thesis further. However, the analytics team at InvestingNote did a brilliant report on Haw Par that clearly explained its business models as well as valuation. Therefore, their analysis is reproduced with … [Read more...]

7 Things To Note About UOL Group Limited Before Investing

Have you stayed in a Pan Pacific or a ParkRoyal hotel before? Not many people realized that these two famous hospitality brands are actually based in Singapore. Both Pan Pacific and ParkRoyal are part of UOL Group Limited (SGX:U14) (U14 6.93 +0.06 +0.87%) . UOL Group is part of the 30 constituents of the Straits Times Index(STI). It is a property company with presence in the residential and … [Read more...]

CAN THIS STOCK CONTINUE TO RALLY?

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Moya Asia or more correctly called Moya Holdings Asia has been a star performer on the SGX, rising by more than 300% since Q3 of year 2016. The rapid rise of share price of Moya Asia in the previous week is evident as the stock also made it to the top volume Singapore stocks. I have been sharing lots about this stock of my conviction in this stock before its rally and I continue to believe in the … [Read more...]

TTI Portfolio Review – 25th May 2017 + An Interesting VRX Story

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With the strong performance of STI ETF so far this year, I wanted to do a quick review to see where I stand vs the index this year. Since the last update in March 2017, SG TTI has narrowed the gap from STI ETF, but as yet, is still underperforming STI ETF. The passive index is proving to be a real winner so far this year. Based on XIRR, STI ETF has thus far, including dividends, returned a … [Read more...]

5 reasons why Moody’s has downgraded China for the first time in nearly 30 years

For the first time since 1989, Moody’s Investors Service has downgraded China’s long-term local currency and foreign currency issuer ratings to “A1” from “Aa3”, on expectations that the republic’s financial strength will erode somewhat over the coming years due to rising economy-wide debt as potential slows. China’s local currency bond and deposit ceilings, as well as the foreign currency bond … [Read more...]

Bit-Bloody-Coin

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Bitcoin (BTC) is trading at freaking $2500 USD now. That's just mind blowingly insane! (especially when previously I was considering buying in at $500, ehehe #notsalty) I'd say that I understand cryptocurrencies quite well (better than your average Ah Huat). It takes a fair bit of brain power to understand how public and private keys work and how to move the money around. Interestingly, I … [Read more...]

5 S-REITs that Underperformed in 1Q17

While there were outperforming REITs for the quarter, there were a number of REITs that failed to put in a decent set of results for the quarter. In the final part of the 1Q17 report card series for REITs, we highlight five REITs that had a quarter they wish they could forget. 1. Frasers Commercial Trust Frasers Commercial Trust delivered an above average quarterly result with the Australian … [Read more...]

Buying a freehold property in Singapore is still worthwhile.

Reader: Hi AK,         Hello! I only found out about your blog in Jan this year and have benefitted a lot from your analysis and sharing.          I have been reading your recent posts about upgrading to private housing. I happen to work in a landuse planning agency, hence i would like to share my views.  While i agree that one should not upgrade to a condo if it means overstretching your … [Read more...]

8 things I learned from Cambridge Industrial Trust’s 2017 AGM

Cambridge Industrial Trust (CIT; SGX: J91U) is an industrial REIT with a portfolio of 49 industrial, logistics, and warehousing properties located in Singapore. The properties have a total net lettable area of 7.7 million square feet. As at 31 December 2016, its portfolio was worth $1.35 billion. It has been a period of transition for CIT. CEO Philip Levinson resigned in November 2019 which was … [Read more...]

Review of Quarter Results (Vicom, Riverstone, ISOTeam, Colex, Sarine Technologies & Golden Agri Resources)

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Actually, I am quite an impatient person. Perhaps it is because of my job, or me living in fast pace Singapore where everything is about efficiency, or it is just my character…. However, I feel that I might have mellowed down over the years. When it comes to investing, I think I have definitely ‘mellowed down’… I seldom trade, I read more and basically just wait most of the time. Investing in a … [Read more...]

Top 7 Things To Know About SembCorp Industries Limited Before Investing

Sembcorp Industries Limited (SGX:U96) (U96 3.22 +0.03 +0.94%) is a Singapore-listed conglomerate with a market capitalization of S$5.4 Billion (May 2017). The company that is also one of the thirty companies that make up the Straits Times Index (STI).SembCorp Industries (SCI) has seen some rough times in the past few years. This was mainly due to the decline in its offshore and marine business as … [Read more...]

Charity to Tzu Chi (慈济) with REITs & Business Trusts Investing Strategies for Passive Income

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Dr Tee, Ein55 Mentor & Graduates have together organised 4 charity investment courses (REITs/Business Trusts in Nov 2015 and May 2017, High Dividend stocks in Mar 2016, and Discounted NAV stocks in Sep 2016) in the past 2 years, donating net income of around $70,000 to Tzu Chi 慈济 (Singapore). We hope to inspire more Ein55 Graduates to reach out the society, helping others who are in need.  … [Read more...]

IREIT Global

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On 23 May 2017, purchased 10,000 shares of IREIT Global at $0.755 per share. IREIT Global is a pure focused Europe office reit listed in SGX which comprises of 5 freehold office buildings in Germany. Distribution per unit is  SGD 0.0633 for FY 2016 , however the distribution policy for FY 2017 is 90% of the income instead of 100% of the income. That will translate to DPU of SGD … [Read more...]