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The king and I
By Mr. IPO  •  January 22, 2013
Kingsmen

13082011544 Source of picture here.

I couldn't believe my eyes when i saw the price on Kingsmen last friday. It was flashing to me at 70c. I contemplate if i should add 8 lots to my SRS account as I have been monitoring this counter for a while.

A check with SGX announcement seemed to indicate that there was some inappropriate payments but the amount is not material. I decided that i can afford to wait for a few days till the selling subside.

One moment of hesitation, *blink* and the opportunity to take the king hostage disappeared as well. 


Dutyfree

I have been analyzing Dutyfree last week. I quite like the stock and the business in which it is in but unfortunately, the share buyback is helping to boost the share price and the valuation is not cheap at current price. One way will be to wait ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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