Shares & Derivatives
Yangzijiang Shipbuilding: A review of my margin of safety
By Singapore Stock Picker  •  November 19, 2019
Since YZJ underwent that big drop in August, I’ve been paying more attention to its media releases. Since September, I’ve traded some of the shares to my position when the stock was between $0.90 to $1.10. The last week, YZJ released its 3rd quarter results for 2019 and confirmed my decision to hold on to the stock for my dear life. For readers who are new, here’s a recap of my investment checklist. (A) Is the Company Profitable? (B) Are the Profits Real? (C) Are the Profits Sustainable? (D) Is the Stock Cheap? (E) Is the Manager Track Record Good? Before we proceed, I want to restate that I hold shares in this company and it is a significant percentage of my net worth. I may not post when I cut losses or take profit and you will be left alone on your decision making. Do your own due diligence. With the disclosure...
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By Singapore Stock Picker
I am a full time electronics engineer at a government linked company in Singapore. I enjoy most of my work and it pays reasonably well. However, I dislike waking up early and following a 9am-5pm lifestyle. That’s why I started picking up investing. I want to end up retiring from full time work by 40 and having the option to not being a slave to any company ...
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