The fate of my investment in SPH.

"At SPH, we recognise the power of sharing in a world that's more connected than ever, across multiple platforms." Disruption to the media industry is faster and more frightening than I had expected. Actually, if an IT dinosaur like me can be a blogger, I shouldn't be alarmed by this but I am. That the disruption has impacted SPH is amply evident with its earnings declining in the last few … [Read more...]

Should Investors STILL BUY these NINE stocks NOW?

The Singapore stocks markets is performing well into Year 2017, continuing its rally since the election of President Trump and amidst talks that the US Federal Reserves will scale up its frequency of interest rates hikes. The Singapore stocks benchmark STI along with a number of Singapore stocks have been performing well so much so that some of these stocks are overbought, measured by their RSI … [Read more...]

Portfolio Update and New update of Ellipsiz

Since the last update of my portfolio, I have made a few more purchases: 23,000 shares of silverlake shares at the price range of 52-52.5 cents and 10,000 shares of ARA at s$1.685. The rationale for ARA is straightforward. The company is undergoing a takeover offer at 1.78. With the takeover targeting for completion by 1H2017, I am expecting a return of about 5% over the holding period of half … [Read more...]

Lippo Mall Indonesian Trust – What really matters in a REIT

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26 properties (Sumatra & Java) | Founded in 2007 | Wale is at 3.383 (Not that long) Comparison will not be done as I couldn’t find a Indonesian trust listed in SGX 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.838 (16.2% cheaper than fair value) Price to earning ratio :  36.087 (Growing above industry standard – 20.971) 2)  LEARN ABOUT THEIR … [Read more...]

The Best Singapore Short Term Savings for 2017

I disappoint as a financial blogger sometimes. Managing savings in detail is something I was not very good at. I think its because I always held the idea that it is better for me to focus more on having cash when required versus the return that I get on my cash. Due to that, I didn’t optimize my short term liquid cash well. I think its time to do it a little better. I decide to take a … [Read more...]

Moolahsense / Trading Update – Jan 2017

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I first blog about Moolahsense in May last year. My blog post is here.Since then, I have met up with the management team of Moolahsense and decided to increase my allocation to $75,000.My interest earned for 2016 was around $4,335. Having said that, the potential delinquency has gone up in recent weeks and currently, i have about 3 cases of late/no repayments currently.Let's see if it turns … [Read more...]

Will Noble Group do an OSIM or Swiber?

Will Noble Group do an OSIM or Swiber Holdings? The embattled commodity trader is currently at a cross-road as many investors wonder if it can pull off a dramatic recovery. Once a blue chip stalwart in Singapore stock exchange, the Hong Kong based company is now trading at penny stock price level. The free fall of Noble Group share price wiped off billion of dollars from its market … [Read more...]

Structured Deposit vs Fixed Deposit

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While searching for Chinese New Year fixed deposit promotions, I came across the above promotion advertised. The bank is offering structured deposit that offers up to 12.1% returns over 6 years. It sounds very attractive to me given the high interest rate. As I am not familiar with structured deposit, I decided to do some further research on it. What is a structured deposit? A structured … [Read more...]

2016 Year End Portfolio Review

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Its the end of 2016, let's just do a little checkpoint to see how much am I closer to my target :) I started building my portfolio in Oct 2014. So close to 3 years of results. STI vs my portfolio: My portfolio already beat STI for many months with the cumulative amount of dividends collected, but if you count only capital gain, I still beat the market. Portfolio by stocks: I am … [Read more...]

Digital disruption : Restructuring is going to be long and painful !!

I have blog about this before ( here ) , with below latest released result , I think the re-structuring due to “digital disruption“  is going to be a long and painful process and also the success is very much uncertain for SPH . Quoted below from the CEO on their latest press release : “Having completed our comprehensive business review in October 2016, we are forging ahead with our … [Read more...]

Random thoughts: Annual Report 2016 Sillyinvestor Inc

Chairman statement:  Dear readers, the theme in 2016 is surviving in a volatile world. There are 2 shocker news: first Brexit and next Trump's election. But the market survived and blossom. We are proud to announce we have grow from strength to strength. The company manage a dividend of $3849 in 2016, from a capital base of about $57000, giving a yield of about 6.5%. This is a 2.5% improvement … [Read more...]

Keong Hong FY16 Results Update

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Keong Hong had opened its books for FY2016 ending September 31st. As Keong Hong is one of my counters, I will do a short review on its performance. Interested investors may find my previous assessments of Keong Hong here. In a nutshell:   Source: Keong Hong's Press Release 1) Diluted EPS in FY2016 stands at 15.08 cents, having decreased by 1.33 cents (~8%) 2) ROE … [Read more...]

IPO – Daisin Retail Trust

Daisin Retail Trust is the first IPO listing in 2017. This listing looks very rushing in its timing.  Just read about the news in the newspaper this Saturday morning.  Subscription already opened Friday 9 pm and will close on Wednesday noon. I have doubts in this new Daisin Retail Trust.  The reasons: 1. China. Hmm..... All the initial three properties in one single city, Zhongshan, … [Read more...]

Daisin Retail Trust

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Daisin Retail Trust ("DRT" or the "Trust") is offering 151,768,900 units at $0.80 per unit of which only 2m units will be available for the public tranche. There is an over-allotment option of 9,343,300 units in the event the IPO is oversubscribed. A separate cornerstone tranche of $25m of units have been offered to China Orient Asset Management and Haitong International Fund SPC.Its principal … [Read more...]

Samurai 2K Aerosol Limited

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For information only. Not spending too much time as the placement is already closed with no public tranche.Samurai 2K Aerosol Limited ("Samurai 2K" or the "Company") is placing out 20m shares at $0.20 each for a listing on Catalist. There is no public tranche and trading will commence on 16 Jan 2017 at 9 am with a market cap of $20m. The link to the prospectus is here.Principal ActivitiesThe … [Read more...]

800 Super Holdings – What really matters in a Stock

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Waste management, Cleaning , Recycling, Conservancy Horticultural  | Founded in 2011 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 2.362 ( 1.362 above its fair value) Price to earning ratio :  9.823  ( Growing below industry standard – 20.27) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 57.648 Growth Performance : 29.36% Current Ratio : … [Read more...]

Journey To Retirement Part 10.1 — CapMallsAsia Bond

As of 12th Jan 2017, CapMallsAsia has finally redeemed all its outstanding bond, CapMallA3.8%b220112 and that signaled the end of my investment in it.  For the 5 years period of investment, capital return is 0%, typical characteristic of bond when redeem at par value and interest return was 20.94%, annualized to be 3.87%. I was not a strong believer of bond investment despite the fact that it … [Read more...]

Golden start for gold

What a golden start for gold! Since the beginning of 2017, gold went on a rampage and increased in value by 6% within 2 weeks. This will be a short post to capture the latest trend on gold price. What actually fuel the surge in gold price? Many analysts could not really pinpoint the real cause but it certainly seems like 2016 all over again. But then, when the US Federal Reserve raised interest … [Read more...]

FY2016 Dividend & Trading income

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Compared a few years ago ,I am  now cautious of trading the market frequently to earn faster & bigger returns. But old habit kicks in , sometimes i will initiate a large trading position to make some quick bucks. Perhaps my instincts have turn rusty,  lost a few opportunities to sell my trade position in blue chips stocks else the trading income will be at least 10k +. Nevertheless, … [Read more...]