12 things I learned from CapitaLand Commercial Trust’s 2017 AGM

With tears welling up in her eyes, she choked on her words slightly as she finished her speech. When she sat down, the audience gave a big round of applause, while the board smiled and nodded their heads in approval. The CEO of CapitaLand Commercial Trust had decided to end her presentation with a show of appreciation for her tenants and business partners who’ve helped make the REIT the success … [Read more...]

Introduction To The Singapore Stock Exchange

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The Singapore Stock Exchange is managed by the Singapore Exchange Limited (SGX:S68) (S68 7.43 -0.04 -0.54%), commonly known as the SGX. At the end of February 2017, there are about 750 stocks listed on the Singapore Exchange with a total market capitalization of about S$977 billion.Although the Singapore stock market is much smaller than its peer in Hong Kong, it is still the largest stock … [Read more...]

ONE OVERSOLD SINGAPORE STOCK WITH A POSSIBLE 59% UPSIDE

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Once trading at $1.06 per share in Feb 2017, just two months ago, Japfa Limited stock is currently trading at $0.63, a 37% down from this high in Feb 2017. Japfa is involved in the animal protein business. Japfa stock is currently oversold and the trend sets to be south for the stock with the stock price already below its 200-days moving average. What’s more, the stock went south by some 6.7% on … [Read more...]

9 things I learned from StarHub’s 2017 AGM

Last year, TPG Telecom was awarded the license to become the fourth mobile telco in Singapore. The Australian company is expected to commence operations in 2018. This event is causing a shake-up in the local telco industry as the marketplace is as crowded as it already is. Adding a new telco only increases the bargaining power of consumers over the telcos. We’re now seeing the telcos lowering … [Read more...]

UOB – What really matters in a Stock

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Comparison done with OCB (039) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.157 (15.7 % Above fair value) 039 – 1.14 Price to earning ratio : 11.768 ( Below industry standard – 17.42)   039 – 11.667 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 81.1% | 53.9% Growth Performance : 5.41% (5 year growth)| 5.24% (5 year growth) Dividend Yield : … [Read more...]

I Read therefore I Write : Next Financial Crisis May Cause by ETF

On 19th April , The Business Time published an article on issues related to ETF , “Vanguard is growing faster than everybody else , combined !! “. No doubt , ETF which is tracking indexes from all over the world is getting so popular because of lower cost as compare to active management. “In the last three calendar years, investors sank USD$823 billion into Vanguard Funds , by any measure , … [Read more...]

Short Portfolio Update

Just a quick update to my portfolio because there has been a flurry of activities. Sale of Hyflux Preference Shares Sold all Hyflux Preference Shares in my CDP to realize an approximate 10% gain. I managed to "pick some pennies" on this company debt instrument and have decided to allocate my capital to the below 2: Memtech International The thesis for Memtech was pretty simple. It is … [Read more...]

Child Portfolio – "Apr 17 – SG Transactions & Portfolio Update"

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We celebrated my elder son 3rd birthday during the weekend and thought I'd do my usual annual update on his portfolio on his birthday. As part of the annual exercise, I'd try to top up his equity position by giving him presents in the form of stock shares, which would help him compound over his years of growing up. Given that Singtel has been dropping recently, I added 300 shares of Singtel … [Read more...]

Asian Pay Television Trust (APTT) – The Reasons Behind Its 7% Jump Yesterday?

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If you are vested with the Asian Pay Television Trust (APTT), I am sure its performance yesterday (which is a whopping 7.14% jump to $0.525) put a smile on your face. Some of you might already took profit out of this "rare" jump. The question is what trigger the jump? Reading through numerous sites, my personal interpretation/guesstimate are : Appointment of new CEO, Brian Mckinley and … [Read more...]

WILL YOU BUY TWO OVERSOLD ONCE “SEXY” STOCKS?

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There are two penny stocks which are oversold in terms of RSI. These are penny stocks which were quite “sexy” before due to the possible growth story. The first of these stocks is QT Vascular, a bio-technology stock which aim for some good innovation in the medical industry. I bought QT Vascular stock before and sold it for some profits and did not look at the stock again until today where I saw … [Read more...]

Aoxin Q&M Dental Group Limited

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Aoxin Q&M Dental Group Limited ("Aoxin" or the "Company") is placing out 57m Placement Shares at $0.20 each for a listing on Catalist. There is no public tranche. The IPO closes on 24 April 2017 at 12pm and will start trading on 26 April. The market cap post the Honour Subscription shares 372m is $74.4m. Principal Business   The Company is one of the leading providers of private … [Read more...]

Engro Corporation – What really matters in a Stock (Construction)

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Investing its not for people with the mentality of wanting to get rich immediately Comparison done with NSL Ltd (N02) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.495 (50.5% Below fair value) N02 – 0.809 Price to earning ratio : 18.827 ( Below industry standard – 20.9)   N02 – 39.28 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 4.8% | 4.68% Growth … [Read more...]

Micro-Mechanics – DCF Analysis

I bought Micro-Mechanics for 15,000 shares at a share price of 86 cents back in Oct 2016 on the thesis of semi-conductor sector rebound and heading back into the upcycle momentum. The semi-conductor sector is cyclical in nature so it pays off big time if you can predict the bottoming and rebounding of the cycle. The same suffering goes if the prediction is wrong the other way round. The … [Read more...]

AEM Holdings (AWX) Revisited

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Introduction AEM has risen 164% in less than 4 months since “My Bull Case For AEM Holdings (AWX)” was published. I have to admit that the rate and extent of the rally exceeded my expectations; which nonetheless is a good thing. I was fortunate in the sense that the general market (STI) started to rally strongly at the start of the year till early April and that the semiconductor industry … [Read more...]

Rickmers Maritime Winds Down. My thoughts on Position Sizing, the True Value of Ships and Prospect Theory

As human beings we tend to be risk seeking(gungho in taking on risks) when we should be risk adverse (afraid of taking risk) and vice versa, often at the wrong time. In the case of Rickmers Maritime, I am not sure which is the case. Rickmers Maritime is a business trust that I wrote about in the past that operates a collection of container ships. They were charter out during the good times … [Read more...]

What Happen to Soilbuild REIT 72 Loyang Way

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72 Loyang Way is an integrated facility comprising offices, single-storey production facilities, blasting chamber, dormitory and a jetty with 142 metres of sea frontage. It is one of the asset under Soilbuild REIT’s portfolio. Last year, due to the headwinds in the marine and offshore, oil and gas industry, Technics Offshore Engineering Pte Ltd defaulted on its rent at 72 Loyang Way. Being a … [Read more...]

ONE SINGAPORE STOCK WHICH YOU MIGHT WANT TO KNOW

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Yesterday, the top 20 volume stocks were again dominated by penny stocks. However, unlike the previous trading session, this time, the top volume stocks made some gains. Singapore stocks markets could however be described as choppy. In this kind of stocks markets environment, investors might want to invest in a stock which has a larger margin of “safety” (in terms of capital preservation). An … [Read more...]

Add Nikko AM REIT ETF to Maybank KE MIP

It’s the end of the work week and the weekend is here! Going to be a busy one as we will be catching up with some ex-colleagues and friends over lunches and dinners. We are thinking of watching The Fate of the Furious, which if you are not familiar with, is the 8th instalment of The Fast and the Furious franchise. My wife still reckons it’s crazy that I have watched all of the first 7 instalments … [Read more...]

Top 25 SINGAPORE STOCK PICKS

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RHB Research Institute has unveiled 25 stock picks at a launch of its 7th edition of its “25 Jewels” books. So investors must be wondering what are these 25 Singapore stocks which made it to the Jewels list? But before we get to that, just to share healthcare, semiconductor company stocks are looking attractive this year according to the book. As for the full list of the stocks picks, I do not … [Read more...]