Investors' Blog Trackers | Value Investing @SG

Singapore's #1 Blog Tracker To Retail Value Investors & Traders For Singapore Investors.

Value Investing Bloggers This is an ongoing work we're embarking here to uncover some of the best blogs maintained by value investors and savvy investors living in Singapore; and perhaps all over the world! We have benefitted much from their learnings and these information are sourced directly from them in the hope that their messages gets propagated to all corners of Singapore.

Warning!

Smart value investors are long term investors and they exercise independant thinkings. DO NOT ASSUME accuracies in all the information published in the blog articles here. Do your own due deligences before investing your hard earned money.

You have been warned!

Snapshots from Value Bloggers:

November 2014
Discovered on 25 Nov 2014 at 6:09 am
. Results Announcement 4 Nov 14 : SIAEC (1H15) – EPS 3.75ct vs 6.39ct (1H14) ; Div 6ct vs 7ct (1H14) 5 Nov 14 : Starhub (Q314) – EPS 5.7ct vs 5.5ct (Q313) ; Div 5ct (No Change) 6 Nov 14 : Singpost (Q215) – EPS 1.584ct ; Div 1.25ct 7 Nov 14 (AM) : […]

Herbalife Dying - Part 1
Discovered on 21 Nov 2014 at 9:46 am
We have to digress from Genting a bit given that this story is probably worth telling. We shall get back to Genting soon, hopefully the stock stays low! Ok, Herbalife, as most people would know, is an MLM scheme. MLM stand for multi-level marketing which is a legalized form of pyramid or ponzi scheme. We shall get into this in more detail later. Back to Herbalife. Herbalife sells some nutrition stuff by recruiting people to sell to their friends and their friends hopefully sell to even more f...

Singpost – OCBC
Discovered on 7 Nov 2014 at 9:27 am
  On the growth path Healthy results Lower reliance on mail Prospects remain bright   Results in line Singapore Post (SingPost) reported a 8.1% YoY rise in revenue to S$220.3m and a 5.5% increase in net profit to S$37.6m in 2QFY15, such that 1HFY15 revenue and net profit accounted for 48% and 50% of our […]

Starhub – DBSV
Discovered on 7 Nov 2014 at 9:21 am
Broadband, prepaid mobile decline 3Q14 net profit of S$ 97.7m (+2.5% y-o-y, +4% q-oq) was 3% below our expectations Service revenue growth weak on lower broadband, prepaid revenue 5Scts interim dividend declared, in line with expectations. Maintain HOLD with unchanged TP of S$4.30 Highlights Revenue impacted by broadband, prepaid mobile Competition contributed to the continued […]

SIAEC – DBSV
Discovered on 7 Nov 2014 at 9:18 am
Navigating through turbulence 2QFY15 earnings disappoint, down 41% y-o-y Affected by deferments/cancellations of heavy aircraft checks, extension of engine check intervals Cut FY15/16F earnings by 23%/11% to factor in lower workload, margins Dividend cut also likely in FY15; downgrade to FULLY VALUED with lower TP of S$3.80 Worst quarterly showing in a long time. 2QFY15 […]

Singpost – CIMB
Discovered on 7 Nov 2014 at 9:10 am
Take profit 1HFY3/15 core net profit of S$73.7m formed 46% of our and 47% of consensus full-year forecasts. We view the results as largely in line as we expect a stronger 2H to be driven by the postage rate hike (effective Oct) and full contributions from its recent M&As. However, we cut our FY15-17 EPS […]

Starhub – OCBC
Discovered on 6 Nov 2014 at 9:29 am
Keeps FY14 guidance as expected No change to FY14 estimates Still intense broadband competition Expects EBITDA margin pressure   3Q14 earnings slightly ahead of forecast StarHub Ltd reported its 3Q14 results last evening, which saw the telco posting a net profit of S$97.7m, up 2.6% YoY and 3.6% QoQ, which was also about 10% ahead […]

SIAEC – OCBC
Discovered on 6 Nov 2014 at 9:27 am
2QFY15 results below expectations 2QFY15 PATMI plunged 40.7% YoY More aircraft checks deferred Downgrade to SELL   Disappointing 2QFY15 results SIA Engineering Company’s (SIAEC) reported a 3.0% YoY decline in its 2QFY15 revenue to S$285.2m and a 40.7% drop in PATMI to S$42.1m. Its 1HFY15 results were below expectation as its revenue and PATMI formed […]

Stahub – CIMB
Discovered on 6 Nov 2014 at 9:16 am
No real change in course StarHub’s 9M14 core net profit largely met expectations, forming 75% of our and consensus full-year forecasts. Service revenue was flat qoq, held back by another quarter of declines for broadband, while EBITDA margin improved due to a higher recognition of NBN grants in the quarter. As expected, a quarterly DPS […]

SIAEC – CIMB
Discovered on 5 Nov 2014 at 7:32 am
A year of famine SIE’s 2Q15 net profit of S$42m was below our expectations (S$60m) and consensus (S$68m) due to the weak contribution from JVs and associates that formed 62% of pretax profit. 1H15 net formed 40% of our FY15 forecast. Better engine reliability caused a reduction in engine visits required by its JVs and […]

October 2014
Discovered on 1 Nov 2014 at 8:23 pm
Results Announcement 15 Oct 14 : SPH (FY14) – EPS 25ct vs 2ct (FY13) ; Div 14ct (Final 8ct + Special 6ct) vs 15ct (2H13) 16 Oct 14 : M1 (Q314) – EPS 4.8ct vs 4.3ct (Q313) 21 Oct 14 : SGX (Q115) – EPS 7.3ct v 8.63ct (Q114) ; Div 4ct (No Change) 31 […]

Genting Singapore
Discovered on 1 Nov 2014 at 9:23 am
The author owns Genting and dollars in this post refers to SGD.Genting Singapore has recently dropped to multi-year lows and the stock at this level looks increasingly interesting. The stock has fallen from its high of $2.30 in 2011 to a dismal $1.04 as investors lamented about the lack of growth and the looming accounts receivables on its balance sheet. Genting, needs no introduction. It started the first casino in Malaysia some 40 years ago and was awarded the licence to run the Resorts Wor...

What is Your Legacy?
Discovered on 10 Oct 2014 at 2:26 am
"Seize the day. Gather ye rosebuds while ye may, because... we are food for worms."  - Robin Williams  as John Keating from Dead Poets Society.We are all food for worms. From the moment we were born, the clock started ticking. We will spend no longer than a dozen decades in this universe. For most of us, it's about 7-8 decades. The first 2 decades we spent learning just to get by. The next two we enjoyed a bit, but then we needed to raise the next generation. Then we realized almost half the ...

The Efficient Market Hypothesis
Discovered on 30 Sep 2014 at 11:01 am
Investing, as with life, is a paradox. We have to learn to live with it and hopefully, sometimes, we find the way out. It is not rocket science. It's just about understanding the world and human behaviour. The world is ever changing yet human behaviour rarely changes. That is why it is so difficult for smokers to quit smoking even when we know that smoking is no longer as cool as when they shot Breakfast at Tiffany's. Yes, paradox. And it is equally difficult for diets to succeed and for valu...

Look for Free Options
Discovered on 8 Sep 2014 at 7:30 am
Those who have knowledge, don't predict. Those who predict, don't have knowledge - Lao TzuInvesting is not about predicting the future. Predictions are usually not accurate. We heard the famous ones: Bill Gates predicting nobody needed no more than 640KB of memory, Dow Jones 36,000, who needs cars when we have horses blah blah.Yeah, how right. So what do we do if we do not want to predict?We want to be prepared. This post serves to illustrate how.First we must accept that the future is unknow...

What's Wrong with CPF? (Part 3)
Discovered on 12 Aug 2014 at 10:12 am
This is Part 3 of the CPF discussion, interested readers can start from Part 1.We have come to the most controversial issue, should CPF give us 6-16% return that our sovereign wealth funds generate? It is well documented that GIC generated 6% and Temasek a whopping 16% over a long time frame like 20 years or more. So part of the argument was that why is CPF only paying us 2.5%? Isn't that unfair?Again, this issue has been debated in depth. So just reiterating a few things.First Temasek does n...

What's Wrong with CPF? (Part 2)
Discovered on 26 Jul 2014 at 10:19 am
This is a continuation of the previous post.Let's recap, our CPF (central provident fund aka Singapore's pension system) has four issues:1. The equal contribution rate (employer vs employee) was violated.2. The minimum sum was a total disaster.3. Interest was imposed on fund withdrawal.4. The interest rates are compared to returns of our sovereign wealth funds.We discussed issue #1. The solution is to bring back the equal contribution policy. Since employers will cry foul if they are asked to...

What's Wrong with CPF? (Part 1)
Discovered on 15 Jul 2014 at 2:02 am
CPF refers to Central Provident Fund, Singapore's pension system.I must first profess that I am neither pro-PAP nor anti-PAP. In this post and the posts in the future (hopefully I get the time to write them), I will try to provide independent analyses on our pension system, touted as one of the best in the world, and hopefully readers will find them useful.I also hope that readers would also have read Roy Ngerng's wonderful analysis. I must say it's quite thought-provoking. Though bearing in ...

Attack on Titans: Decisions
Discovered on 29 Jun 2014 at 8:16 am
I just can't help writing down these analogies from Attack on Titans. Here's another post. Let me describe one scene relevant to today's topic.The lead character Eren was in a situation where he had to make a choice: should he trust his teammates or trust himself to defeat the enemy. He chose to trust his teammates which led to all their deaths and he regretted his decision painfully. Eren was advised by the seasoned team leader earlier, one can never predict the results, so one should at lea...

Attack on Titans: Office Politics and Corporate Suicides
Discovered on 4 Jun 2014 at 10:00 am
Here's a well kept secret. Japanese manga and anime have managed to subtly define pop culture and Hollywood for ages. As early as the 60s, robots from the future time-travelled to alter the present in Japanese comics. In more recent times, Ghost in the Shell inspired the Matrix trilogy, Paprika inspired Christopher Nolan's Inception. And the list goes on. Today's topic is about the manga series Attack on Titans or in Japanese: Shingeki no Kyojin.Being a student of corporate analysis, I can't ...

Fallacies of ETFs
Discovered on 23 May 2014 at 8:14 am
I have posted a long time ago that investing in ETFs could be one of the easy ways to make money. The theory was simple. Since 80-90% of all investors never beat the index, then why should we even try? We should just buy the index. That was simply buying ETFs. Since ETFs replicate the indices and are traded just like any stocks. We can easily buy them using one of the brokers like Poems or Kim Eng or whatever.We stand to enjoy market growth (8-10% per year) and we need not worry too much abou...

2014 High Dividend Stocks in Singapore
Discovered on 5 May 2014 at 11:04 am
The annual dividend list is out!This year's list produces only 18 names despite tweaking the factors multiple times. It goes to shows that the market continues to be expensive and it is hard to get as many gems as before. Again, we see the usual suspects: Elec & Eltek, CSE, Transpac, Boustead etc. 2014 High Dividend Stocks in SingaporeAs with previous years' lists, I used just a couple factors: ROE, Dividend Yield, Free Cashflow Yield and Operating Margin. The top 3 names gave amazing dividen...

Three Key Points for Newbie Investors
Discovered on 16 Apr 2014 at 10:39 am
This is really more of a post for me to jot down what to say in the elevator or in a casual setting where I only have a few minutes to talk to someone and I would like to give the biggest impact and let him or her take away as much as possible with regard to the world of investing.Now, I am assuming someone with very little investing background and who may or may not know who is Warren Buffett. If he wants more info, I can always refer him to this blog. But in that span of a few minutes, I mu...

There is no spoon...
Discovered on 4 Apr 2014 at 11:47 am
This is a quote from the movie "The Matrix" almost 15 years ago. For readers who have never seen the movie, I urge you to watch it today. It is one of the best movies in the last century. No joke!For those with no intention to watch it, I shall summarize the plot for you. *SPOILERS ahead*The Matrix follows protagonist Neo (played by Keanu Reeves) as he discovered that his world was not real but a huge computer program called the Matrix designed to imprison human beings. Or rather imprison our...

The Impossible Trinity and the Tapering
Discovered on 21 Mar 2014 at 11:38 am
Quick Summary:The Impossible Trinity is an economic theory that states that a country can only control two of the following three levers: Exchange Rate, Free Capital Movement and Monetary Policy.The recent Emerging Markets Crisis is a real world manifestation of this theory.Countries in ASEAN often chose to control their exchange rate and free capital movement thereby allowing US interest rate to dictate our domestic interest rate.This has created stock market and property bubbles in this par...

Type A and Type B Decision Making
Discovered on 24 Feb 2014 at 10:05 pm
Quick Summary:Type A decision making focuses on the few key factors.Type B decision making understands that the fat tail of factors might become crucial someday.Ignoring the fat tails mean failing to understand that these factors could come and bite us someday. Recognizing the fat tail is the key to Type B decision making.In investing, this means looking holistically at the business and asking questions all round.In real-world decision making, it also means constant reviewing of past decision...

Type A and Type B Personalities
Discovered on 9 Feb 2014 at 9:52 pm
Quick Summary:There are 2 type of people: Type A and Type B.Type A: Digital, Task-Oriented, Focused on One Solution.Type B: Analogue, Multi-Dimensioned, Innovation is the Solution.Type B makes better investors.Type A vs Type B - SIA vs Singtel.Are You Type A or B?Over the course of my work and investing years I have had the chance to get to know and work with lots of people. Most of them are highly intelligent, motivated, diligent and also rational. They have all the traits of being successfu...

Investing Lessons from Ngiam Tong Dow - Part II
Discovered on 24 Jan 2014 at 12:33 am
This is a continuation from the previous post.The second lesson from Mr Ngiam's book is something pretty well repeated in many circles but I think it's worth re-learning. It can be surmised into the following five words: there are no sacred cows.Mr Ngiam recounted the early days when Singapore was supposed to merge with Malaysia and the economic blueprint of the day was the creation of a Common Market where domestic industries would enjoy protection from imports via tariffs and restrictions. ...

Investing Lessons from Ngiam Tong Dow - Part I
Discovered on 9 Jan 2014 at 9:38 am
I just finished this interesting book that gave a good perspective on Singapore's recent history from the former head of civil service Mr Ngiam Tong Dow. It was published a few years ago but the topics are still pretty relevant: public transportation, jobs, housing etc. I think every Singaporean who has an interest in public policies should read this book.Ngiam Tong Dow's BookFor me it was especially enjoyable reading the parts about our political leaders Mr Lee Kuan Yew, Dr Goh Keng Swee and...

Investing is about Swaping Cashflows
Discovered on 23 Dec 2013 at 9:55 am
If we strip down to the bare basics of investing, it is swapping today's money for tomorrow's cashflows (or future cashflows). So, you buy a stock at $100 today. What you actually want is that the stock can generate more than $100 in terms of future cashflows into perpetuity. The goal of value investing is then to determine how much all these future cashflows is worth today, and pay a lower price (at least 30% lower). So in theory, if you can accurately calculate that the value of all the fu...

Snapshots from the Blogosphere (Other Investor's Writings):


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Wah! Teh Hooi Ling’s New Book – Show Me The Money is So HOT!
Discovered on 25 Nov 2014 at 11:36 pm
To be frank, three weeks ago, I have no idea who is Teh Hooi Ling (Ms).   After reading her latest book – Show Me The Money (Book 1) – Sound Principles To Grow Your Wealth and blogged about it a couple of weeks ago (click here to see my earlier post) , I started to learn […]

Genting Singapore - Breakout Higher
Discovered on 25 Nov 2014 at 8:37 pm
Genting Singapore broke out higher! Luckily I took that loss yesterday or I would have suffer more and let my emotions to get the best of me!Ronald K - Market Psychologist - The Big Speculator

Daily Market Opinion for 26-Nov-2014
Discovered on 25 Nov 2014 at 8:25 pm
Daily Market Opinion for 26-Nov-2014 STI had ended slightly bullish yesterday as it continues to struggle with finding its direction. It managed to open with a slight gap up but it failed to maintain its strength quickly. This leads to selling pressure in the morning session which hit a low of 3334.12 level. At this […]

Yuuzoo - A Powerful Run
Discovered on 25 Nov 2014 at 7:14 pm
Yuuzoo is currently having a powerful run! It's so powerful that it's charging and breaking all barriers.Update: 26 November 2014, 11:07amYuuzoo currently is experiencing profit taking.Ronald K - Market Psychologist - The Big Speculator

Market News In 2 Minutes @ 26th November 2014
Discovered on 25 Nov 2014 at 7:02 pm
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too. Hence, I started this “Market News In 2 Minutes” series. Following are the “Market News […]

A New SMMG Service - Nov 27th 2014
Discovered on 25 Nov 2014 at 6:58 pm
I will be launching a new service during tomorrow's Stock Operation Preview. This new service is intended to help and assist all participants to make more decisive decisions and it's deeply infused by my personal input for more accurate calls and alerts. Many have already started to benefit from this service and now I am planning to share with all who are coming tomorrow. For those who are interested, please kindly register:Preview Date: 27th November 2014,Time: 12.15pm to 1.30pmVenue: I will...

Blue Chips With Zero Net Debt
Discovered on 25 Nov 2014 at 5:16 pm
Please read the disclaimer at the bottom of my blog if you wish to continue with the contents below. The market is valuing ST Engineering at 5.31x books. EPS CAGR for 3 years is at +4.93%. If it is able to maintained its DPS at 15cts, its yield will be around 4.48%. Lets take a look at its […]

Malaysia Palm Oil Futures Rise - Hope for Golden Agri and Wilmar?
Discovered on 25 Nov 2014 at 8:31 am
Malaysian palm oil futures rose on 25 Nov 2014, moving away from the one-month low.  It closed at RM2,218 as compared to the 28 Oct low of RM2,187.  Palm oil output rose 2.4% between 1 Nov to 20 Nov compared with a month ago, lifted mainly by a 9% increase in yields in Sabah.  Oil palm is a big thing in Malaysia.Low palm oil prices have caused stocks like Golden Agri-Resources, Bumitama, First Resources, Wilmar, etc to drop in their share price over the past few month.  Export demand is expec...

6 Questions to Ask Yourself Before Investing in Property
Discovered on 25 Nov 2014 at 7:41 am
By Gerald Tay (guest contributor) In a previous article we looked at the 8 Self-Defeating Mistakes Amateur Property Investors Make. The first thing any person should do before investing in property is to complete a personal inventory, by asking himself/herself the following questions: 1. What is my nature and how well am I suited for […]

RH Petrogas, Genting Singapore - A Loss Today
Discovered on 25 Nov 2014 at 6:23 am
Made a loss in RH Petrogas and Genting today. Cut a total of $11,000 today and I think I need to fight back and make this amount of $$ back. Need to look for other counters soon.Ronald K - Market Psychologist - The Big Speculator

Civil servants to get 0.8 months bonus
Discovered on 25 Nov 2014 at 5:59 am
Civil servants will get a bonus of 0.8 months on top of the thirteen-month salary. The total bonus for civil servants for year 2014 is however less than that for year 2013. So who are civil servants? Typically, civil servants are employees of ministries and organs of state while public servants are employees of statutory […]

Buffett’s Total Market Value/GNP metric applied to Singapore and Hong Kong
Discovered on 25 Nov 2014 at 5:23 am
We examine Warren Buffett’s favourite market valuation metric – Market Value divided by Gross National Product – in an Asian context. Buffett believes this metric indicates whether stocks in general are over-valued relative to economic conditions. According to him, around 80% would be a fair value figure. I would think that the current value of […]

Civil Service Bonus End-2014
Discovered on 25 Nov 2014 at 3:05 am
All civil servants will get a total of 1.8 months of bonus at this year end, according to this PSD press release. This bonus consists of the standard one-month NPAA (which is commonly called the “13th month bonus”) and 0.8 month of AVC. The acronym NPAA stands for “Non-Pensionable Annual Allowance”, while AVC stands for […]

Death of Investment Banks
Discovered on 25 Nov 2014 at 1:59 am
Recently, I saw this video by Anton Kreil, a former Goldman Sachs Sales Trader and thought it was quite cool. Well, I will not spoil the fun, so enjoy watching the seminar, its around 2 and a half hours and has five parts in total. I have only uploaded one part so feel free to […]

What you need to have in order to win in the game of stocks?
Discovered on 24 Nov 2014 at 10:30 pm
China will cut back its interest rates, this follows the “quantitative easing” of Japan and both these moves come on the back of the US scaling back its quantitative easing. So what do these moves by the countries mean for the stocks markets and economy? Well, one thing is sure, there is much liquidity for […]

Good Advices from Bad People and Critical Thinking
Discovered on 24 Nov 2014 at 9:56 pm
Two events that happen recently that I thought are good lessons here. The first one, which I brought to readers attention here on Tony Robbin’s new book on something similar to the all weather portfolio. In the article Barry Ritholtz goes back in time to take a look at some questionable forecasts that he made […]

What Footprints Are You Leaving Behind?
Discovered on 24 Nov 2014 at 9:56 pm
Today, feeling inspirational and like to share something for the “mind” instead of the wealth. So, there is nothing related to stock investment or for that matter, nothing to do with any type of investment. To me, life is a journey and since it is an on-going journey (until our very last breath), we are […]

Marco Polo Marine: The matter of letters and FY2014.
Discovered on 24 Nov 2014 at 8:50 pm
I receive emails from a handful of readers from time to time regarding Marco Polo Marine’s share price and some wonder if I am still a shareholder. Well, I did reduce exposure many months ago and I blogged about my reasons for doing so. Since then, I have held on to my remaining long position and […]

Daily Market Opinion for 25-Nov-2014
Discovered on 24 Nov 2014 at 8:23 pm
Daily Market Opinion for 25-Nov-2014 STI seems to be struggling to start the week with a bullish note. It opened with a bullish start which tested 3350 resistance level. In the early trading session, STI is still able to continue to trade bullishly and it even hit a high of 3356 level. However, selling pressure […]

Verbs, Adjectives, and Nouns
Discovered on 24 Nov 2014 at 8:13 pm
The joy of blogging for me is the scintillating engagement with readers. It’s a two way street. It’s the adjective silly! Never the noun. When I wrote the above post, I was feeling  quite smug until a girl with the cutest dimples put me in my place at another post months later: “Without the verb, […]

The Wolf and the Goat
Discovered on 24 Nov 2014 at 7:48 pm
A wolf, who was out searching for a meal, saw a goat feeding on grass on top of a high cliff. Wishing to get the goat to climb down from the rock and into his grasp, he called out to her. “Excuse me, dear Goat,” he said in a friendly voice, “It is very dangerous […]

Capitaland - A Mere Profit
Discovered on 24 Nov 2014 at 7:42 pm
Just booked a mere $500 profit for Capitaland. What a waste! Well, it's ok, I am moving on to the next counter and look for more potentials. For those who are coming for the preview this Thursday, get ready your CFD account, as I will be sharing another blue chip for trading and punting. For those who wants to make $$ with me, please kindly register below:Preview Date: 27th November 2014,Time: 12.15pm to 1.30pmVenue: I will instruct you in the form of emailContact Ronald K at stockmarketmindg...

The 4 Money Moves to Consider in your 40s
Discovered on 24 Nov 2014 at 7:25 pm
If wisdom comes with age, we should be making smarter money moves as we embrace each decade of life. Our money priorities change as we grow, from figuring how to pay off student loan debt to starting a family and saving to buy a home. And when you hit the big 4-0, things can get […]

Yuuzoo - Book Some $$
Discovered on 24 Nov 2014 at 7:13 pm
It's good to book some $$ off the table from Yuuzoo. BBs unloading some shares and booking profits. Be alert.Ronald K - Market Psychologist - The Big Speculator

Market News In 2 Minutes @ 25th November 2014
Discovered on 24 Nov 2014 at 7:00 pm
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too. Hence, I started this “Market News In 2 Minutes” series. Following are the “Market News […]

How investing changed my life’s perspectives
Discovered on 24 Nov 2014 at 6:30 pm
Guest blog by Coftea When I was 1 year into work, I tasted the satisfaction of receiving my first AWS and bonus, which is the greatest amount of money that I have ever received. Many things started to become affordable, a weekly trip to restaurant sounds reasonable and getting the latest and the highest priced […]

Save more than 60%. No need to invest??? (2)
Discovered on 24 Nov 2014 at 3:25 pm
Read? Save more than 60%. No need to invest??? After hearing someone with $5.2M and lost $1m punting in the stock market; she is not wrong in not investing as she had enough to retire with an asset draw down strategy. How many of us actually feel the sharp pain of inflation impact? Likely, most […]

Do you have what it takes to withstand the bear market? Yes. I do!
Discovered on 24 Nov 2014 at 1:45 pm
Read? Do you have what it takes to withstand the bear market? Read? Retirement Income For Life Planning Model Do you have what it takes to withstand the bear market?   Yes. I do! Uncle88888 is mentally and financially well prepared to take the test for PHD. in Stock Market with his Three Taps solution and […]

Singapore Property Weekly Issue 183 now out
Discovered on 24 Nov 2014 at 7:49 am
In this week’s issue: 6 Questions to Ask Yourself Before Investing in Property Singapore Property News This Week Resale Property Transactions (November 5 – November 11) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 183

Lost $1m and left with $4.2m. What should I do? (Part 2)
Discovered on 24 Nov 2014 at 6:00 am
Here is part 2 of the email exchange: Hi AK, You may publish my correspondence without my email address. To help you help me more, these are the answer to your questions: 1. I invest or speculate for the sake of making double what i... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Stock Operation Preview - 27th Nov 2014
Discovered on 24 Nov 2014 at 5:59 am
This coming Thursday, I will be conducting a Stock Operation Preview for those who wants to learn stock speculation from me. In this preview, I will be sharing my bags of tricks of how to identify hidden buying/selling, the different supply and demand zones and of course, I will be picking a stock LIVE in front of the crowd. If you like to make $$ with me and love my recent trades in Genting, Capitaland, etc..then this preview is for you. Interested parties can register:Preview Date: 27th Nov...

Capitaland - OffLoading In Action
Discovered on 24 Nov 2014 at 4:00 am
The BBs in Capitaland was indeed offloading in my personal opinion. I shorted 50 lots earlier in the morning and covered my first batch of profits @ $1000 while my 2nd batch of shorts is still currently running with 100 lots. At the end of the day, the price of Capitaland indeed suffered some selling where the volume at the last 5 minute was indeed huge, an indication of unloading in action. I will watch and see for tomorrow. :)http://stockmarketmindgames.blogspot.sg/2014/11/capitaland-bbs-of...

Lost $1m and left with $4.2m. What should I do?
Discovered on 24 Nov 2014 at 12:25 am
Here is a long email exchange with a reader which might be of interest to other readers: Dear AK, i followed your blogs constantly. Now I would like to write you so to seek seek your views on my situations. I am writing from my wife's account, so... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Capitaland - BBs Offloading
Discovered on 23 Nov 2014 at 7:35 pm
Just I expected Capitaland to suffer some selling first yesterday, it gap up instead and so I needed to find an opportunity to make some $$. In my Stock Operation Course, I taught about how BBs use Gaps as an alibi to make $$ from stocks and today Capitaland exuded this behavior. I did not shorted at the peak but well, 2 pips below the peak and thereafter it dropped to 3.31/3.32 where I secured my profits. A good day to start with. :)http://stockmarketmindgames.blogspot.sg/2014/11/capitaland-...

Keppel and CitySpring Trusts: An unequal marriage?
Discovered on 23 Nov 2014 at 7:30 pm
I got into K-Green Trust (now renamed Keppel Infrastructure Trust) a few years ago at $1.11 per unit. I was attracted by its zero gearing and relatively decent distribution yield. Over time, I received a DPU of almost 8c a year from K-Green Trust.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Capitaland - Gap Up with Retailers Chasing
Discovered on 23 Nov 2014 at 7:16 pm
While I made a call that Capitaland will experienced some selling first last night, well, that did not materialized, instead it gap up first and NOW then it currently experienced some selling where the retailers were chasing after some good news/reports while the BBs were secretly offloading their positions as captured in the chart.http://stockmarketmindgames.blogspot.sg/2014/11/capitaland-selling-first.htmlRonald K - Market Psychologist - The Big Speculator

Genting Singapore - Uprise
Discovered on 23 Nov 2014 at 7:03 pm
Genting Singapore continued it's uprise as of now! Indeed, all reactions in Genting was an opportunity to go long.http://stockmarketmindgames.blogspot.sg/2014/11/genting-singapore-big-hands-exchanging.htmlRonald K - Market Psychologist - The Big Speculator

Bank of East Asia Best Deposit Rates
Discovered on 23 Nov 2014 at 10:30 am
Bank of East Asia Best Deposit Rates We present Singapore Bank of East Asia Best Deposit Rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates available in Singapore: click here. Singapore Bank of East Asia Best Deposit Rates for 2014 are presented for personal information. You should re-confirm bank rates

Genting Singapore - Big Hands Exchanging Shares
Discovered on 23 Nov 2014 at 4:08 am
Genting Singapore indeed trended higher after it suffered some reactions! After some minor reactions as posted on last Thursday, I advise to long on reactions at the correct timing and yes, the stock went up a few more pips on Friday and closed at the day high. Stay tune for more Genting updates if you are a vivid Genting Singapore follower.http://stockmarketmindgames.blogspot.sg/2014/11/genting-singapore-minor-selling.htmlRonald K - Market Psychologist - The Big Speculator

Capitaland - Selling First
Discovered on 23 Nov 2014 at 4:02 am
Studying the chart for Capitaland, it seemed as though some selling may appear first. Be alert of this counter for the moment.Ronald K - Market Psychologist - The Big Speculator

Retirement adequacy for a senior needing long term care.
Discovered on 23 Nov 2014 at 1:48 am
This was a recent email exchange with a reader: Hi AK I've been following your blog for quite a while, but this is my first time writing to you. Hope you could 'talk' to yourself about my sis case below and let me hear it so I will know how to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Lippo Malls Indonesia Retail Trust (LMIR): Fundamental & Technical Analysis, Risk Assessment
Discovered on 22 Nov 2014 at 11:15 pm
Fundamental Analysis of Lippo Malls Indonesia Retail Trust (LMIR): Last Price = $0.37 NAV = $0.415 Price / NAV = 0.89 Price / NAV  = 1.0219 Price / NAV  = 0.7596 Distribution Yield = 7.5% Gearing Ratio = 28.3% Occupancy Rate … Continue reading →

Mortgage a fully paid home and invest the money?
Discovered on 22 Nov 2014 at 6:32 pm
I have always been rather reluctant to borrow. Some might laugh at me for not taking advantage of "good debt" but I believe all of us have different levels of tolerance for debt. It is almost like a religion. It is very personal. Indecent? Lewd?... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

FIRST REIT: Consolidating in a Rectangle
Discovered on 22 Nov 2014 at 10:01 am
FIRST REIT is currently trading sideway in a Rectangle chart pattern. Fundamentally FIRST REIT looks great. FIRST REIT Valuation overvalue. Price/NAV High = 1.7, Price/NAV = 1.05 Technically FIRST REIT on long term uptrend (200D SMA is still trending up) … Continue reading →

Should I have just left my money in fixed deposits?
Discovered on 21 Nov 2014 at 9:11 pm
This blog post is a reply to a comment made by a reader, pf. Read pf's comment: here. Hi pf, Actually, some time ago, that was what someone told me too. I have provided the link to the related post at the end of this blog post, if you are... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

How to grow money put aside for home purchase faster?
Discovered on 21 Nov 2014 at 5:43 pm
I received this email from a reader and provided my take on the situation: Reader's email: Dear AK, I have only recently read your blogs and I must congratulate you for your passion and energy in keeping up such an engaging community going. ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

STI - Top Volume Scanning
Discovered on 20 Nov 2014 at 10:15 pm
This is the most important Top Volume captured of the day. I will share more soon next week!Ronald K - Market Psychologist - The Big Speculator

Sell stocks now and wait to buy back lower?
Discovered on 20 Nov 2014 at 8:14 pm
This blog post is in reply to a question posed by a reader, Poh Huat. Read Poh Huat's question: here. Saruman, the White? Hi Poh Huat, If we can tell accurately when the market is going to crash, it would make sense to sell everything before... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Genting Singapore - Reactions Continued
Discovered on 20 Nov 2014 at 3:21 am
Genting suffered one more pip down to 1.10 since this morning after my post. Indeed the sellers were relentlessly and starting to book profits at the time I posted!http://stockmarketmindgames.blogspot.sg/2014/11/genting-singapore-minor-selling.htmlRonald K - Market Psychologist - The Big Speculator

Calling Brokers and Remisers -
Discovered on 20 Nov 2014 at 1:03 am
Will you like to have an increase in your client activities and engage your clients more frequently?If yes, I can help you to achieve that.Please e-mail me at [email protected] and I will share with you the details.Ronald K - Market Psychologist - The Big Speculator

Genting Singapore - Minor Reactions Suffered
Discovered on 19 Nov 2014 at 8:16 pm
Genting Singapore suffered minor reactions as predicted earlier on.http://stockmarketmindgames.blogspot.sg/2014/11/genting-singapore-minor-selling.htmlRonald K - Market Psychologist - The Big Speculator

Genting Singapore - Minor Selling
Discovered on 19 Nov 2014 at 7:46 pm
Genting Singapore will start to suffer minor reactions now. Look to long on reactions with the correct timing.Ronald K - Market Psychologist - The Big Speculator

Invest in stuff we understand.
Discovered on 19 Nov 2014 at 6:15 pm
Avoid investing in stuff we can't understand. Try to understand the business before plonking down any money in it. "Never invest in a business you can't understand."     - Warren Buffett. Don't buy just because someone else is... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Moutai
Discovered on 19 Nov 2014 at 8:08 am
Baiju is the most popular drink in China, and Moutai is the highest premium brand of Baiju.  It has a long, storied history.  Each bottle takes 5 years to produce.  It is only produced at a specific location (p6).In China there was a Baiju Bubble, which popped in 2012:I don't know Kweichow Moutai itself benefited from the previous high prices, or if their distributors did.The bubble was pricked by Beijing's anti-corruption drive.  Moutai had previously focused on selling to government offici...

Singapore Property News This Week #182
Discovered on 19 Nov 2014 at 8:00 am
Residential Resale prices of non-landed private homes up 0.4% in October From September to October, resale prices of non-landed private homes have increased by 0.4 percent. While prices in the city fringe and suburbs have increased by 0.6 percent each, prices of apartments in the city have fallen by 0.3 percent according to SRX. Despite […]

Genting Singapore - Covered Shorts
Discovered on 19 Nov 2014 at 4:12 am
Just finished a powerful LIVE sharing and trading in front of a big crowd during the noon time. Thank you for coming and yes I had just covered my Genting shorts. I can't wait to watch the next few stocks closely and get the big job done post my trade record here. With that being said, there will be another session soon and yes, you guys will be invited again. Let's monitor those stocks I shared closely.Ronald K - Market Psychologist - The Big Speculator

Get a new HEPA filter and breathe cleaner air while in bed.
Discovered on 18 Nov 2014 at 10:12 pm
I blogged about how I have a Sharp air purifier in my room even before the very bad haze experienced last year. What makes an air purifier works is really the HEPA filter that is inside. "High-efficiency particulate air or HEPA is a type of air... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Genting Singapore - I Shorted Earlier
Discovered on 18 Nov 2014 at 10:09 pm
Shorted Genting earlier in the morning while everyone when the retailers were madly chasing this counter. I am currently riding my profits until I see a turning point that's it's going to trend up and that's where I will look to lock in some fast bucks before going back to long again. :))Ronald K - Market Psychologist - The Big Speculator

Vallianz - Breakkout With Precision Timing
Discovered on 18 Nov 2014 at 8:02 pm
Vallianz ran more today after my bullish call on last Sunday publicly available on my blog! The stock is currently running towards the Top 10 in the Top Volume. The next stock I will be sharing shall be tomorrow! See you guys there!http://stockmarketmindgames.blogspot.sg/2014/11/vallianz-high-selling-day.htmlhttp://stockmarketmindgames.blogspot.sg/2014/11/vallianz-running-up-to-top-volume.htmlRonald K - Market Psychologist - The Big Speculator

One Off LIVE Stock Demonstration by Ronald K - Genting Singapore
Discovered on 18 Nov 2014 at 7:28 pm
There were a lot of registrations flowing for tomorrow's one off LIVE Demonstration, however, I only hand picked certain attendees who can attend this once in a lifetime chance to see how I perform my Stock Picking. So keep the registrations coming and I am planning to do a LIVE Call and Stock Pick in front of you!As usual, after my call in Genting last Friday in Facebook, the stock is currently in a steroid mode where it is the Top number 1 in the Top Volume with price rising. This event is ...

What Scrooge McDuck can teach PAP ministers, TRE born losers etc
Discovered on 18 Nov 2014 at 2:05 pm
In the 60s and the 70s, I loved getting my hair cut once a month in the Arcade at Clifford Pier. One LKY had his hair there too but the reason why I loved going to the the barber was the comics the shop had. A particular favourite comic hero was Scrooge McDuck, the maternal uncle of […]

6 Ways Developers Hide Project Discounts and Why it’s Bad for the Market
Discovered on 18 Nov 2014 at 8:01 am
By Property Soul (Guest Contributor) To survive the cooling measures, property developers have no choice but to constantly come up with creative ways to move their units from the shelves, because buyers are a rare species. Where can they find buyers who possess all of the following? - Can afford the hefty cash downpayment of […]

One Off LIVE Stock Demonstration by Ronald K - November 20th 2014
Discovered on 18 Nov 2014 at 6:35 am
Coming this Thursday, I will be doing a one off LIVE demonstration of how I trade, pick stocks and how I dissect the array of Singapore stocks in the hourly and 5 minute chart where the buying/selling zone are. In this session, I will also share the secrets of the Top Volume counters that I am watching everyday and how to selectively pick the best stock out of a sea of fishes. Of course, finally, I will also do a post mortem on Genting for those who are a vivid fan of this counter. I expect a...

Genting Singapore - Reaching Higher and Running
Discovered on 17 Nov 2014 at 11:48 pm
Genting is currently in a running mode where it reached a high of 1.075 as of now. This call was posted on my Facebook last Friday FREE for all public to participate before it ran. For those who are interested in my precision calls, do to add me in Facebook @ the below. More to come soon!http://stockmarketmindgames.blogspot.sg/2014/11/genting-singapore-facebook-call.htmlhttp://www.facebook.com/stockmarketmindgames/http://www.facebook.com/stockspeculation/Ronald K - Market Psychologist - The...

Yuuzoo - High Volume Breakout
Discovered on 17 Nov 2014 at 11:00 pm
Yuuzoo had a high volume breakout today added with a special appearance in the Top Volume. This counter is current being chased by retailers and in the short term wise, it may suffer some reactions before continuing it's up rise. This is one of the current hot stock now. Watch it.Ronald K - Market Psychologist - The Big Speculator

Getting covered for critical illnesses.
Discovered on 17 Nov 2014 at 7:34 pm
The following is an email from a regular reader, Tree:  Hi AK, Let me talk to myself a bit too. :) To start with, I think it is important for readers to understand what CI coverage is for... it is actually term insurance coverage for the 30... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Ang mohs rioted meh? Not South Asians? Workers’ orms are multi-racial?
Discovered on 17 Nov 2014 at 3:14 pm
Racist joint-exercise at dormitory?  Khaw Boon Wan had said the exercise was to “test our response capability” so that when “quarrels erupt, leading to fights or worse” the police will know what to do. it was not that obvious that they knew what to do in Little India. Going by the KPKBing by people like […]

Singapore Property Weekly Issue 182 now out
Discovered on 17 Nov 2014 at 9:07 am
In this week’s issue: 6 Ways Developers Hide Project Discounts and Why it’s Bad for the Market Singapore Property News This Week Resale Property Transactions (October 29 – November 4) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 182

Reits and other high yielders fit narrative for the “New Neutral”
Discovered on 16 Nov 2014 at 11:58 pm
BOND KING’S MANTRA LIVES ON William H. Gross may have departed Pimco, but executives at the bond giant have embraced his view that a stagnating global economy will force central banks to keep interest rates low, Landon Thomas Jr. writes in DealBook. … Before he left the firm, Mr. Gross called his insight the “new […]

Singapura Finance: Electronic application through ATMs.
Discovered on 16 Nov 2014 at 9:45 pm
I have participated in quite a few rights issues before and the way I do it has always been to visit a POSB or DBS ATM. However, we must not take for granted that this is always possible. I went through the online document on Singapura Finance's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Dark Side of vigilantism
Discovered on 16 Nov 2014 at 2:27 pm
My Facebook avater posted something on FB to the effect that “It waz vigilantism that won the Wild West. Without concerned, fed-up citizens taking action, the US wouldn’t have had the rule of law.” Of course, he was talking rubbish. It’s well documented that innocent people were killed by posses of outraged citizens because they […]

RHB Trio Current Account Interest Rates
Discovered on 16 Nov 2014 at 10:30 am
RHB Trio Current Account Interest Rates We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore RHB Trio Current Account Interest Rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Check out the

Indonesian Thermal Coal
Discovered on 16 Nov 2014 at 7:25 am
In one of his books, Aswath Damodaran mentioned a strategy for investing in cyclical commodity companies. When the commodity price is low, below the marginal cash cost of production, buy the lowest cost producer, who will survive and benefit once the commodity price recovers after the more expensive players are forced out of the market.Newcastle (Australia) coal has dropped 50% since 2011:(Source - indexmundi)Futures have it between USD 63 now and USD 72 in 2020.A google for thermal "coal cos...

Meng Seng would be KPKBing if this happened here
Discovered on 15 Nov 2014 at 3:03 pm
Seriously, I doubt S’poreans would be so tolerant of the u/m. GG would go red in the face and GMS would call this a trespass on our sovereignty. Well at least we know that GMS’s sojourn in HK hasn’t made him as friendly to the Pinoys as the Hongkies he so admires. A COMMUNAL sit-in […]

How to be better investors?
Discovered on 14 Nov 2014 at 10:26 pm
I had a conversation with a fellow blogger whom I have grown to respect earlier today and he said that I might want to remind readers of the fact that I am not infallible. Although I think that I have continually mentioned this in my blog, it... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Education, NS: Korea versus S’pore
Discovered on 14 Nov 2014 at 4:50 pm
Where got liddat here? Even rabid ant-PAP cyber warriors don’t describe such things happening here. The dark side of South Korea’s education model – Although South Korea is renowned for its education system, the consequences of its success should not be overlooked, writes Se-Woong Koo for the New York Times. “Dominated by Tiger Moms, cram […]

Latest US investment philosophy
Discovered on 14 Nov 2014 at 12:58 am
“Buy & hold” is history. “Trading” is in. Locals (before FTs took over SGX and made contra trading even more difficult) and Hongkies have been doing this since time immemorial. The new investors’ philosophy seems to be, rather than pay a financial adviser to let their stocks languish in a buy-and-hold paralysis as the market […]

曾淵滄-股市资讯专栏 14.11.2014 -习近平的亚太梦及中国上市企业的吸引力
Discovered on 14 Nov 2014 at 12:34 am
With some difficulty, AK says "good-bye".
Discovered on 13 Nov 2014 at 11:08 pm
When I was in secondary school, my family was staying in a HDB 3 room flat and my parents cordoned off a section of the living room for me to use as my bedroom and study area. In a way, I had the largest bedroom in the flat! On hindsight, they did... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

PAP voter stops paying S&C charges to force out WP/ Oppo supporters shld imitate?
Discovered on 13 Nov 2014 at 2:16 pm
In response to this, the following was posted by someone who it seems voted for the PAP in Aljunied and who refuses to accept the election result and refuses to pay his S&C fees: I am an Aljunied resident living with my parents. Lately, due to some disagreements I had with the TC, I have […]

StanChart bosses apologise to shareholders
Discovered on 12 Nov 2014 at 11:48 pm
Top bosses at Standard Chartered admitted the bank’s performance had been disappointing as they announced plans to close 100 branches in a $400m (£250m) cost-cutting drive to win back support from disgruntled investors. The admission was made as the bank’s top management team began three days of presentations to investors, who have endured a 30% […]

SAF Group Insurance and CI coverage.
Discovered on 12 Nov 2014 at 11:18 pm
I received an email from a reader, B, and he has agreed for it to be published in the hope of getting more ideas from other readers here: Dear AK, Thanks for your ever inspiring and encouraging blog posts for our daily living. I would like... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

LKY: Why liddat PAP?
Discovered on 12 Nov 2014 at 2:38 pm
I was sadden* when I saw the above. Was it necessary to take photos of LKY standing? When he had to be propped up in such an obvious matter. No-one should be treated like a prop, especially not LKY. There were ways to make sure he could have stood in dignity, if it was tot […]

Singapore Property News This Week #181
Discovered on 12 Nov 2014 at 7:16 am
Residential Luxury home prices fell by 10% over the last year According to Knight Frank’s Prime Global Cities Index, luxury home prices in Singapore have fallen by 10 percent, despite an average of 4 percent growth in most other leading cities, from September 2013 to September 2014. Nonetheless, luxury home prices have also fallen in […]

Tea with Jean: Improving personal cash flow.
Discovered on 11 Nov 2014 at 7:26 pm
The following guest blog is contributed by a reader, Jean: I have done some search from internet and see whether got any way to get return slightly more than FD and also receive some amount of return in the future.   Here's what I have done... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Should You Buy a Property Before You Reach 55 to Use Up Your CPF?
Discovered on 11 Nov 2014 at 7:16 am
By Paul Ho (guest contributor) For Singaporeans, reaching 55 years old marks a major milestone from the perspective of personal financial planning. At 55, you can withdraw a portion of your Central Provident Fund (CPF) savings. Yes, finally after years of waiting, you can use the money locked up in your CPF! But hang on… […]

Singapore Savings Account Lobang
Discovered on 10 Nov 2014 at 10:30 am
Singapore Savings Account Lobang This blogspot site is a deep reservoir of Singapore Savings Account Lobang updates. Take our word on this Singapore Savings Account Lobang. We assure you that you can bank on us for this lobang. In our special Singapore Savings Account Lobang way, we bring you the best lobang on interest rates of Singapore bank savings accounts. You won't find anything more

Singapore Property Weekly Issue 181 now out
Discovered on 10 Nov 2014 at 10:02 am
In this week’s issue: Should You Buy a Property Before You Reach 55 to Use Up Your CPF? Singapore Property News This Week Resale Property Transactions (October 22 – October 28) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 181

Gold is Cheap! Is it the right time to buy Gold?
Discovered on 10 Nov 2014 at 8:47 am
Gold has dropped a lot and getting near to the 5 years low. Gold is getting very attractive at the current level for many gold lovers, and many investors are tempted to buy gold at this level. However, technically speaking … Continue reading →

Singapore properties will surely make money in the long run. There is no need to time the market.
Discovered on 10 Nov 2014 at 7:50 am
JK sent me a link to his latest blog post and has graciously allowed me to extract a portion of it to share with readers here. See what JK has to say:  Bought a condo at a sky high price? I have some doubts on the claim that Singapore... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Last Stage of Bull Market?
Discovered on 9 Nov 2014 at 9:30 pm
As Sir John Templeton puts it so rightly: "Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria."Pessimism is born.After the global financial crisis of 2007-2008, stock markets plummeted and everybody got out of stocks.  People feared a great crash and cashed out.  The worst was feared.  Large financial institutions might have collapsed if not for the bailouts.  Everywhere was gloom and doom.  Nobody actually wanted to enter into stocks.  This would a...

SembCorp Industries: Where are the supports?
Discovered on 7 Nov 2014 at 10:00 pm
I was asked if I feel upset with SembCorp Industries' share price plunging. Well, I don't know if I feel anything, actually. I know what motivated me to become a shareholder of SembCorp Industries. I know that I got in at fairly good prices which... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Safe to Long Crude Oil? Check the USO (United States Oil Fund) Chart
Discovered on 7 Nov 2014 at 8:55 am
Crude oil has reached 5 years low. Base on USO  (United States Oil Fund) chart, the support is at about $29. There is a trading range of $10 ($29 to $39) base on the chart. Risk vs Rewards looks very … Continue reading →

Boeing (BA): Descending Triangle
Discovered on 7 Nov 2014 at 8:41 am
Boeing has been trading within a Descending Triangle consolidation mode for many months. This chart pattern is not for investor (cannot make money from buy low sell high strategy) because the stock price is moving side way. However this chart … Continue reading →

Honeywell (HON): Shorting Opportunity!
Discovered on 7 Nov 2014 at 8:20 am
Honeywell is currently trading within the range between $90 and $98. HON is facing the Rectangle resistance with a Hanging Man. A few ways to short sell US stocks: Long Put Option – Almost unlimited profit (when stock price reaches … Continue reading →

How to have children and a comfortable retirement? WARNING: This answer might be shocking for some.
Discovered on 6 Nov 2014 at 6:10 pm
I have brought up the topic of having children and what a pragmatic attitude towards having children should be before. In an expensive country like Singapore, I believe that having a healthy dose of pragmatism is even more important. For young... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

High Yield SGX Stocks
Discovered on 6 Nov 2014 at 10:30 am
High Yield SGX Stocks of The STI We present Singapore High Yield SGX Stocks of the STI to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore High Yield SGX Stocks for 2014 are presented for personal information. You should re-confirm High Yield SGX Stocks prices and yields before you invest your money based on these rates. High Yield SGX Stocks

Singapore Property News This Week #180
Discovered on 5 Nov 2014 at 9:14 am
Residential Tharman: Home prices not corrected enough yet While HDB resale prices and private property prices have been adjusting in the last four to five quarters, Deputy Prime Minister and Finance Minister TharmanShanmugaratnam said that the price correction mechanism is still working to reverse the effects of the sharp increase in property prices in the […]

Why did AK buy an atas mattress but a cheapo TV?
Discovered on 4 Nov 2014 at 10:15 pm
I have been super busy and super tired recently. I would get home at about 11pm, take a shower, read the news a bit and go to bed. So, you can imagine that I have not had much inclination to blog. Today, I took some time off from work to do my own... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

8 Self-Defeating Mistakes Amateur Property Investors Make
Discovered on 4 Nov 2014 at 9:10 am
By Gerald Tay (guest contributor) We’ve covered Property Valuation utilising powerful ratios – CapRates, Cash-on-Cash, IRR, NPV, and MIRR in previous articles. Although these five ratios are seminal to measuring a property’s value, your attitude is no less critical. There are a number of behaviours that almost guarantee losing in the real estate market. These […]

Hong Leong Finance Savers Plus Account
Discovered on 2 Nov 2014 at 10:30 am
Hong Leong Finance Savers Plus Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Hong Leong Finance Savers Plus

Financial freedom: Your children will become what you are.
Discovered on 2 Nov 2014 at 9:15 am
I have shared before how my annual vacations were funded by dividends received from my investment in ST Engineering for a few years in a row. I have also revealed that I invested some of my niece's savings in SPH a few years ago and how she has been... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore REIT Fundamental Analysis Comparison Table – 2 Nov 2014
Discovered on 2 Nov 2014 at 8:42 am
FTSE ST Real Asset Investment Trust (FTSE ST REIT) Index changes from 753.55 to 763.85 compare to last post on Singapore REIT Fundamental Comparison Table on Oct 6, 2014. The index rebounded from the 200D SMA but currently testing the Rectangle Support Turned … Continue reading →

My stocks portfolio - Oct 2014
Discovered on 2 Nov 2014 at 8:15 am
Apple watch
Discovered on 2 Nov 2014 at 2:16 am
Apple's new watch:Looks nice, I think normal people would wear it.  Beautiful, with a lot of attention to detail.It has new ways to navigate the UI, such as using the crown to zoom.The back of the watch provides 'haptic feedback', buzzing or nudging your wrist silently.The watch does not fit under a shirt sleeve, so cant be a dress watch.What can you do with it?See incoming messages or calls on your wrist.Open hotel doors and act as a boarding pass.Use ApplePay.Provide turn-by-turn walking di...

Global Stock Market Indices PE Ratio At a Glance (1 Nov 2014)
Discovered on 1 Nov 2014 at 10:18 am
Market Indices PE Ratio for Major Stock Exchange globally. US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000 Europe: FTSE100, CAC40, DAX Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOPSI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi S&P500 and Dow Jones … Continue reading →

3 Tips To Increasing Returns On REITs Investments
Discovered on 1 Nov 2014 at 7:08 am
By: Tan Jia Hui Original post from Shares Investment Real estate investment trusts (REITs) in Singapore are mandated to distribute 90 percent of rental income back to unitholders. As such, REITs provide quite a steady source of recurring dividends (distribution) for … Continue reading →

2015 Singapore Savings Account Rates
Discovered on 31 Oct 2014 at 11:30 am
2015 Singapore Savings Account Rates In the coming year 2015, Singapore Savings Account Rates shall bring you more great bank savings account interest rates. We shall present 2015 Singapore savings account rates and other 2015 bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in the future year of 2015. How high will 2015 Singapore

Know the answer to this question and life will be better.
Discovered on 31 Oct 2014 at 8:05 am
Before we have a pet, we must have the correct mentality to have one. How often have we heard of pets being abandoned or neglected? If we are not prepared to be responsible pet owners, don't have pets. "I am fond of pigs. Dogs look up to us. Cats... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

31 October 2014
Discovered on 31 Oct 2014 at 5:13 am
The equity market experienced some turbulence in the first half of the month. This was due to several bad news: Weak economics data from Europe and China, conflict in ME with Isis, Ebola scares, protest in Hong Kong... etc. By the middle of the month STI dropped more than 100 points. Indices recovered, however, in the 2nd half of the month. STI closed today at 3274.25, recovering almost all losses from the first half. My portfolio did slightly better. It's value rose 0.33% for the month. I to...

My Investment Portfolio (October 2014)
Discovered on 31 Oct 2014 at 2:58 am
STI ended this month down to close at almost the same level as last month. The market had been very volatile as it had to digest news from the economic front, Ebola outbreak updates, US Fed meeting decision etc. The fall in oil price also affected oil-related stocks. It seems that markets had been reacting to newsflow everyday rather than focusing on company fundamentals. Markets were down for most of the month until the last week when news of Bank of Japan stimulus package managed to drag ST...

曾淵滄-股市资讯专栏 31.10.2014 --政治问题导致沪港通延期?
Discovered on 31 Oct 2014 at 12:27 am
Tea with KenjiFX: 3 types of people who borrow money.
Discovered on 30 Oct 2014 at 7:15 pm
There are many types of people who borrow money (from friends and family) and here are 3 types listed by KenjiFX (AKA KenjiWealthMgt in FB): 1. People who borrow and want to repay the loan but lack the ability to do so.2. People who borrow and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Tea with Matthew Seah: A pâtissier on financial freedom.
Discovered on 29 Oct 2014 at 6:47 pm
Regular readers know that our guest blogger, Matthew Seah, is a good investor but I dare say that none of us knows that he is also an aspiring pâtissier (pronounced "pah-tee-syay"). In this guest blog, Matthew shares with us what the processes used... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

DBS Multi Currency Renminbi Account
Discovered on 26 Oct 2014 at 11:30 am
DBS Multi Currency Renminbi Account We present Singapore DBS Multi Currency Renminbi Account savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore DBS Multi Currency Renminbi Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based

Berendsen
Discovered on 25 Oct 2014 at 8:29 am
Got this idea from Gannon and Hoang on Investing.  They explain Berendsen's business model and competitive advantage well - in the rental and laundering of textiles for organizations, transportation costs are a major part of such services so clients are clustered around plants, which helps prevent competitors moving in.  Its a route density game.They have traditionally done workwear and linen (for hotels and hospitals), but are not moving into mats, washroom services and cleanroom.Client cont...

Company Warrants Expiring in 2014 - Actions Needed
Discovered on 24 Oct 2014 at 1:46 am
I need to remind myself all the outstanding company warrants that are expiring in 2014 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.WEE HUR W140222, Expiry Date: 22 Feb 2014, Exercise price = $0.25, Conversion ratio 1:1 - Warrants exercised and converted to shares.ASIATRAV W140717, Expiry Date: 17 July 2014, Exercise price = $0.245, Conversion ratio 1:1 - Warrants exercised and converted to shares.GBLYELL...

Sabana REIT Fundamental & Technical Analysis
Discovered on 22 Oct 2014 at 12:48 am
Sabana REIT is currently trading in a down trend channel and it is on a clear down trend.   Fundamental Analysis of Sabana REIT: Type: Industrial Last Price = $1.00 NAV = $1.06 Price / NAV = 0.9433 Price / … Continue reading →

0.8% CIMB Starsavers Savings Account
Discovered on 21 Oct 2014 at 11:30 am
0.8% CIMB Starsavers Savings Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore 0.8% CIMB Starsavers savings account rates for 2014 are presented for personal information. You should re-confirm 0.8% CIMB Starsavers Savings Account rates before you invest your money

Singapore Maybank Youngstarz Account
Discovered on 19 Oct 2014 at 11:30 am
Singapore Maybank Youngstarz Account We present Singapore Maybank Youngstarz Account savings rates to help you make your money work smarter for you at Singapore Savings Account Rates in 2014. Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Singapore Maybank Youngstarz Account :

曾淵滄-股市资讯专栏 17.10.2014 -沪港通随时启动,但占中问题仍未解决
Discovered on 17 Oct 2014 at 4:24 am
Highest Dividend Yield of Top 50 Largest Cap SGX Stocks
Discovered on 14 Oct 2014 at 11:30 am
Highest Dividend Yield of Top 50 Largest Cap SGX Stocks We present Singapore Highest Dividend Yield of Top 50 Largest Cap SGX Stocks to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore Highest Dividend Yield of Top 50 Largest Cap SGX Stocks rates for 2014 are presented for personal information. Highest Dividend Yield of Top 50 Largest Cap SGX

Lobang For Savings Account Rates
Discovered on 12 Oct 2014 at 11:30 am
Lobang For Savings Account Rates Looking for a lobang for Savings Account Rates in Singapore? Well, you just came to the top Singaporean blogspot site in the world for Singapore Savings Account Rates news. For news lobang for savings account rates in Singapore, Singapore Savings Account Rates blogspot dot com is the place to go to. We are the Singapore lobang for Savings Account Rates. We

10 Years of Blogging
Discovered on 6 Oct 2014 at 5:16 am
Dear all,This blog is 10 years old! My first post for this blog was in 7th October 2004. How time files. What started out as a hobby in investment had transformed into a full-time adventure as a private investor for the past 3 years.Blogs come and go, and this blog had become a record of my investment adventures for the past 10 years. It started out as a request from a forumer at sgfunds.com to disclose some of my stock investment and later become a regular monthly updates of my investment tr...

Singapore Dollar HSBC Premier Account
Discovered on 5 Oct 2014 at 11:30 am
Singapore Dollar HSBC Premier Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates available in Singapore: click here. Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you

曾淵滄-股市资讯专栏 03.10.2014--港股因占中而回落,中国股市反而造好
Discovered on 3 Oct 2014 at 3:46 am
Top Three Bank Savings Interest Rates
Discovered on 2 Oct 2014 at 11:30 am
Top Three Bank Savings Interest Rates We present Singapore's Top Three Bank savings interest rates (of local banks) to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore Top Three Bank savings interest rates for 2014 are presented for personal information. We focus only on the top three local Singapore banks: DBS, OCBC, UOB banks. You should

My stocks portfolio - Sep 2014
Discovered on 1 Oct 2014 at 12:47 am
30 September 2014
Discovered on 30 Sep 2014 at 9:22 pm
Regional conflicts in Middle East, Ebola crisis in Africa, unfavourable business data from Europe and China, all these negative factors weighed on the equity market in September. The latest development in Hong Kong doesn't help at all. STI dropped 50.35 points, or 1.51% in the month, to end at 3276.74 at the end of the month. My portfolio did worst, its value drop 2.02% in the month. Will the market continue with the down trend in October? Or worst still, will the 2007 market melt down repeat...

When Will Interest Rates Rise When QE3 Ends in October 2014
Discovered on 30 Sep 2014 at 11:30 am
When Will Interest Rates Rise When QE3 Ends in October 2014 So when will interest rates rise when QE3 ends in October 2014? QE3 refers to Quantitative Easing number three. Yes, there were 3 attempts; with the first QE1 that kicked off in 2008. QE, also known as the package of asset purchase and other measures in the USA, was meant to save the world from the Great Recession. The US Federal

My Investment Portfolio (September 2014)
Discovered on 30 Sep 2014 at 8:29 am
STI ended this month down to close at 3276 points. The market is very much in negative territory especially towards the end of this month, as investors grapple with issues like timing of interest rate hike in US, weak China growth, euro zone sluggishness and lately, unrest in Hong Kong. With so many bad news out there, it is no wonder that most investors had opted to stay on the sidelines. For this month, I have attended the following AGMs/EGMs/briefings - CM Pacific, Hotel Grand Centra...

OCBC Rights Issue
Discovered on 29 Sep 2014 at 4:17 am
Today the result of OCBC right issue was out. This right issue must have been well received and subscribed by investors, because I was only awarded with 29 excess right shares though I applied for more. The excess shares don't even round my holding to the full lot, but only to the next half lot...hmm...Full lot or not, it's not so important. Since I am subscribing to the scrip dividend scheme, I am going to receive odd lot anyway. Since the shares (rights and excess rights) received are at a ...

Singapore STI Blue Chip Highest Dividend Yield
Discovered on 28 Sep 2014 at 11:30 am
Singapore STI Blue Chip Highest Dividend Yield in Percent For a change, we present Singapore STI Blue Chip Highest Dividend Yield in Percent at Singapore Savings Account Rates. STI refers to Straits Times Index. The Straits Times Index (STI) comprises of 30 stocks listed on the Singapore Stock Exchange, ranked by market capitalisation and reviewed every six months. These STI stocks are

UOB 1.38% High Yield Account Promotion
Discovered on 25 Sep 2014 at 11:30 am
UOB 1.38% High Yield Account Promotion We present Singapore UOB 1.38% High Yield Account Promotion rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore UOB 1.38% High Yield Account Promotion rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. UOB 1.38%

Standard Chartered Bank 1.25% Savings Account
Discovered on 24 Sep 2014 at 11:30 am
Standard Chartered Bank 1.25% Savings Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore Standard Chartered Bank 1.25% Savings Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Best Interest Rate for Retirement Account
Discovered on 21 Sep 2014 at 11:30 am
Best Interest Rate for Retirement Account We share the latest news on the best interest rate for retirement account in 2014 in Singapore for our loyal Singapore Savings Account Rates readers. We present best interest rate for Retirement Account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates

直擊阿里掛牌 一度飈近5成
Discovered on 19 Sep 2014 at 6:12 pm
曾淵滄-股市资讯专栏 19.09.2014 -区域股市阻力重重,多加留意中国A股
Discovered on 19 Sep 2014 at 3:54 am
Alibaba plans expansion into US, European markets
Discovered on 15 Sep 2014 at 5:11 pm
Maybank SaveUp Account Rates
Discovered on 14 Sep 2014 at 11:30 am
Maybank SaveUp Account Rates We present Singapore Maybank SaveUp Account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates available in Singapore: click here. Maybank SaveUp Account Rates: First S$3,000 0.1875% p.a.. Next S$47,000 0.25% p.a. Remaining balance above S$50,000 0.3125% p.a.

ICICI Bank Singapore Hisave Savings Account
Discovered on 7 Sep 2014 at 11:30 am
ICICI Bank Singapore Hisave Savings Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates available in Singapore: click here. ICICI Bank Singapore Hisave Savings Account rates for 2014 are presented for personal information. You should

曾淵滄-股市资讯专栏 05.09.2014 -哪些股可以乘着沪港通热潮而受益?
Discovered on 5 Sep 2014 at 6:16 pm
Property, Construction - Eyes on KVMRT 2
Discovered on 4 Sep 2014 at 11:12 pm
Annuity plans are just a function of compounded interest benefits
Discovered on 2 Sep 2014 at 7:29 am
Today I read an annuity benefit illustration on a brochure:40 year old male contributes 24,200 yearly for 5 years. At age 65, he receives $2,000 per month (non-guaranteed) till 85 with a lump sum maturity of $72,000 (non-guaranteed). Hence the total potential return is $552,000.The insurer has a track record of meeting its projection. Hence for simplicity sake, let’s assume above are guaranteed returns.At the onset, it sounds extremely attractive to me. I can have an income to complement my C...

My Investment Portfolio (August 2014)
Discovered on 1 Sep 2014 at 12:57 am
STI ended this month down to close at 3327 points. It had been another quiet month with worries on geopolitical issues taking the centre stage. Some of them had been mentioned by me during my previous monthly posts and therefore I shall not repeat here. There are also not much surprises from companies with financial year ending June 2014 when they reported their results during the month.For this month, I have attended the following AGMs/EGMs/briefings - Goodpack, Longcheer, Tianjin Zhon...

29 August 2014
Discovered on 31 Aug 2014 at 8:39 pm
August has not been a good month for share investors. STI has been in negative region (compare to end of July) the whole month. Globally, the stock market is still affected by the Middle East and East European Conflicts. European market continues to be weak but U.S. seems less affected.As at today, STI closed at 3327.09, down 46.97 point, or 1.39% from July. My portfolio performed slightly better than STI this month, thanks to UE, whose price shot up more than 20% on talk of acquisition. Port...

BEA Singapore Latest Savings Account Rates
Discovered on 31 Aug 2014 at 11:30 am
BEA Singapore Latest Savings Account Rates We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Bank of Eash Asia BEA Singapore Latest Savings Account rates for 2014 are presented for personal information. You should re-confirm BEA Singapore Latest Savings Account Rates before you invest your

My stocks portfolio - Aug 2014
Discovered on 30 Aug 2014 at 10:25 pm
Singapore's Best 5% Savings Account Rates
Discovered on 24 Aug 2014 at 11:30 am
Singapore's Best 5% Savings Account Rates In this post, we share our Little Red Dot's highest savings account rates of 5% per annum. For a savings account (NOT a fixed deposit), this 5% p.a. payout is too attractive for any Singaporean to miss. So we present Singapore's Best 5% Savings Account rates to help you make your money work harder for you at Singapore Savings Account Rates in

曾淵滄-股市资讯专栏 22.08.2014-何时才是进场良机?
Discovered on 22 Aug 2014 at 3:53 am
Indian Bank Singapore Branch Deposit Rates
Discovered on 18 Aug 2014 at 11:30 am
ICICI Bank Hisave Savings Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. ICICI Bank Hisave Savings Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. ICICI Bank Hisave Savings Account

Standard Chartered 1.88% Bonus Saver Promotion
Discovered on 11 Aug 2014 at 12:00 pm
Standard Chartered 1.88% Bonus Saver Promotion We present Singapore Standard Chartered 1.88% Bonus Saver Promotion rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Standard Chartered 1.88% Bonus Saver Promotion for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

UOB Golden Jubilee 1.2% Savings Promotion
Discovered on 11 Aug 2014 at 11:30 am
UOB Golden Jubilee 1.2% Savings Promotion We present UOB Golden Jubilee 1.2% Savings Promotion to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore UOB Golden Jubilee 1.2% Savings Promotion savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

曾淵滄教路 06.08.2014-恒指50年啟示 機會留給有現金的人
Discovered on 9 Aug 2014 at 7:02 am
曾淵滄-股市资讯专栏 08.08.2014-投资股票看长期,看基本因素
Discovered on 8 Aug 2014 at 4:05 am
CNMC Goldmine -Extracting economies of scale (CIMB)
Discovered on 5 Aug 2014 at 9:34 pm
曾淵滄專欄 06.08.2014:投資東亞攻守兼備
Discovered on 5 Aug 2014 at 4:59 pm
31 July 2014
Discovered on 4 Aug 2014 at 1:46 am
STI rose 118.39 points, or 3.64% in the month of July, although the trading volume was not high. Market seemed to be unfazed by the regional conflicts in Ukraine and Middle East. Poll results from Indonesia did not affect the market badly, neither did the aviation accidents happened in July. My portfolio did not perform as good as the STI. Its value rose only 1.56% in the month. Perhaps it was due to the fact that many counters went XD towards the end of the month. I bought some Ascendas H Re...

My stocks portfolio - Jul 2014
Discovered on 3 Aug 2014 at 1:09 am
My Investment Portfolio (July 2014)
Discovered on 31 Jul 2014 at 10:57 pm
STI ended this month up more than 100 points to 3374. There had been some buying interest in index stocks this month as companies with financial year ending 31 December 2014 will be announcing their half year results this month and in August. Investors might be buying some index heavyweights like banks and property stocks in anticipation of good results.For this month, I have attended the following AGMs/EGMs/briefings - SingPost, Azeus, Ascendas India Trust, Grand Banks, MapleTree Logis...

曾淵滄專欄 30.07.2014:贏錢要講心理質素
Discovered on 29 Jul 2014 at 4:54 pm
Temasek Holdings’ foreign investments
Discovered on 29 Jul 2014 at 6:47 am
Temasek Holdings' investments in Singapore
Discovered on 29 Jul 2014 at 6:45 am
10 wealthiest men in Singapore
Discovered on 26 Jul 2014 at 5:47 pm
曾淵滄-股市资讯专栏 25.07.2014 - 资金主力放于蓝筹股,低价股只可小炒怡情
Discovered on 25 Jul 2014 at 6:16 am
Changi Airport's plans for growth
Discovered on 23 Jul 2014 at 7:29 am
曾淵滄-股市资讯专栏 11.07.2014-总结上半年表现;看好香港地产股
Discovered on 11 Jul 2014 at 9:00 am
Leveraging by Pledging My Existing Investment Portfolio
Discovered on 9 Jul 2014 at 9:30 pm
Over the past 2~3 years, I have built up a "sizeable" unit trust investment portfolio with a bank. The funds I invested are mostly of moderate risk. While the prices did not appreciate very much, I have collected good dividend amounting to 4~5% steadily. Two weeks ago, my RM from the bank asked one of the financial consultant to run a "crisis simulation test" on my existing portfolio. The test was to see how my investment would have been affected by "Sub-prime crisis", "SARS crisis" and "Glob...

My stocks portfolio - Jun 2014
Discovered on 2 Jul 2014 at 10:12 pm
曾淵滄專欄 03.07.14:何時加息 考起儲局
Discovered on 2 Jul 2014 at 4:46 pm
My thoughts on CPF minimum sum, retirement and risk hedging
Discovered on 1 Jul 2014 at 9:30 pm
If you were to receive $155,000 and asked to stop working for 5 years, would you agree? How about stop working for 10 years?I have written articles on retirement and income investing long enough to know that one can never solely rely on CPF for retirement. The main reason is because majority of CPF savings are often used to fund your home purchase, the OA account usually has very little left to be set aside for retirement. Hence more often than not, the minimum sum is usually what is left aft...

My Investment Portfolio (June 2014)
Discovered on 30 Jun 2014 at 11:02 pm
STI ended the month on a losing note at 3255 points. Markets had been quiet this month, with low trading volume on most days. This is because of the ongoing FIFA World Cup in Brazil and also worries about unrest in Iraq. Also, there is no much news on the corporate front to move the market.For this month, I have attended the following AGMs/EGMs/briefings - Global Yellow Pages, Sunvic, ISR Capital, 2nd Chance, Transit Mixed Concrete, Global Invacom and A-REIT.For my top 30 holdings, ...

30 June 2014
Discovered on 30 Jun 2014 at 10:03 pm
School holidays plus football world cup, the result is a sleepy market. STI retreated in quiet market for the month, due to tensions in Iraq and Eastern Europe. STI ended for the first half of the year at 3255.67, dropped 1.22% or 40.18 points compared to last month. Surprisingly, my portfolio performed much better than the STI. Its value dropped only 0.04% in the month, thanks to some defensive counters. I did not make any purchase from open market this month, but received some shares from M...

曾渊沧博士-股市资讯专栏 27.06.14物流业是未来新宠?
Discovered on 27 Jun 2014 at 9:26 am
曾淵滄專欄25.04.14:炒股贏錢全靠耐性
Discovered on 24 Jun 2014 at 4:17 pm
曾淵滄專欄 24.06.14 : 大市急插撈貨有法
Discovered on 23 Jun 2014 at 4:47 pm
4 in 10 Singaporeans Want to Retire at Age 55 ....but They Are Probably Not Saving Enough
Discovered on 18 Jun 2014 at 9:26 am
A 2014 Randstad Award survey released earlier this year indicated that almost 4 out of 10 Singaporean employees wanted to retire at age 55.  That is a full 10 years before the official retirement age of 65 in high cost Singapore.  This survey involved over 6,000 employees with ages ranging from 18 to 65.Is retiring at 55 realistic?It is not surprising that many had mixed reactions on how realistic this target is. In yet another survey by HSBC, 4 in 10 Singaporeans were found not to have set a...

My unit trust portfolio
Discovered on 7 Jun 2014 at 2:54 am
Throughout my investment journey I learned the importance of diversification and dividend investing. Diversification hedges against single stock/bonds mishap and over confidence in one company; dividend provides the psycological consolation of recurring income from my investments. Last year after much deliberation, I liquidated part of my stocks portfolio and purchased unit trust in order to diversify the systemic risk. I still hold a good number of blue chips like DBS, SGX CAMBRIDGE, OUE, Se...

30 May 2014
Discovered on 5 Jun 2014 at 7:37 am
It was that magic month "May" again. STI stayed in negative territory in the first half of the month, suggesting that the market was going to fulfil the saying "Sell in May and stay away". But no! STI recovered in the second half of the month and ended above 3300 today (month end). That is 0.88% (28.8points) higher than last month. Market seemed to have digested all the bad news i.e. Ukraine crisis, China slow down, tension in South China Sea, etc. Though these problems are all unresolved, eq...

My stocks portfolio - May 2014
Discovered on 3 Jun 2014 at 12:13 am
My Investment Portfolio (May 2014)
Discovered on 31 May 2014 at 10:42 pm
STI ended the month up at 3296 points. Markets had been quite steady this month. Companies with financial year ending March 2014 had been reporting their full-year results, and most had met market expectations. Basically, markets lack more bad news to pull it down, therefore it had remained steady.For this month, I have attended the following AGMs/EGMs/briefings -Petra Foods, HanKore, Jacks International, Frasers Centrepoint Trust and Low Keng Huat.For my top 30 holdings, the main co...

My stocks portfolio - Apr 2014
Discovered on 4 May 2014 at 6:20 am
30 April 2014
Discovered on 1 May 2014 at 2:56 am
Equity market performed well in the month of April, though the tension in Ukraine and news on Chinaslow down affected the sentiment and limited the up side. Good corporate earning results helped the market to move up. STI performed well except the last week of the month, when rising tension in Ukrainecaused some sell brought down the index. Towards the end of the month, the good results reported by the 3 local banks sent market moving up again. STI closed at 3264.71 today, rising 76.09 points...

My Investment Portfolio (April 2014)
Discovered on 30 Apr 2014 at 11:25 pm
STI ended the month up at 3264 points. It had been a month of buyouts as companies with good asset backing had been a target of takeover offers and privatisation. The companies in question include CapitaMalls Asia, Hotel Properties, LCD Global Investments Ltd etc. This had led the market re-rating some of the stocks in this category which supported the market somewhat. There is also some speculation as to which company will be next in the list of buyout. The 3 local banks also reported their ...

My stocks portfolio - Mar 2014
Discovered on 1 Apr 2014 at 4:42 am
My Investment Portfolio (March 2014)
Discovered on 1 Apr 2014 at 12:38 am
STI ended the month at 3188 points. Good news out from US and China seem to support the market this month coupled with not much bad news from the Ukraine-Russia front. The last week of the month was particularly strong for STI.For this month, I have attended the following AGMs/EGMs/briefings - Qian Hu and Roxy Pacific.For my top 30 holdings, there are some minor changes. Hong Fok and Far East Orchard moved up quite a bit after I added more into them this month. ABR Holdings is a new sto...

31 March 2014
Discovered on 1 Apr 2014 at 12:19 am
The equity market did well in March though it started weak. US stocks rallied despite the problem in Ukraine and weak economic data from China. Towards the end of the month, market spoke about possible stimulus from Chinese government further supported the stock price. STI performed well, rising 2.5% in the month. As at 31 March, STI closed at 3,188.62. This also brings STI into positive territory for the year. My portfolio was less impressive. Its value rose only 1.49% in the month of March....

Yingde Gases
Discovered on 22 Mar 2014 at 10:55 am
This is a cheaper version of Air Liquide and Praxair.  Yingde Gases is the largest bulk industrial gas producer in China:By end of 2013, they say they had a 47% market share.  Currently selling for 11 times earnings and growing fast,  compared to 16-18 times for Air Liquide, and 20 plus times for Praxair.Business ModelSimilar to Air Liquide and Praxair (build plants next to customer, long term take-or-pay contracts), with a few differences:The MNCs prefer to build in clusters (p6) in cert...

My stocks portfolio - Feb 2014
Discovered on 7 Mar 2014 at 8:51 pm
28 February 2014
Discovered on 3 Mar 2014 at 5:43 am
Global equity market did well in February. Good earnings from Companies reports and economic data push the indexes higher. Speech from the new Fed Head also supported the stock market.Singaporemarket started weak after Lunar New Year, but recovered from the second week. Though lagging behind the regional markets, STI stayed in positive territory from then till the end of the month. My portfolio somehow lagged behind STI this month. At the end of the month, STI rose 88.87 points, or 2.94% comp...

Kering
Discovered on 2 Mar 2014 at 6:31 am
Kering (formerly PPR), the owner of Gucci and Bottega Vanetta, is a conglomerate and has recently streamlined its operations to focus on Luxury. 66% of revenue (and 96% of operating income) were from Luxury in 2013.The BrandsGucciGucci is positioned slightly below LV/prada, above Burberry/Coach.  From visiting a small Singapore store (6 months ago):The store was slightly busy/crowded.  We just walked in, they do not make people wait in line like Prada/Vuitton do.Price tags are on the items...

Newbie's IB Portfolio and New Bond Portfolio - End February 2014
Discovered on 1 Mar 2014 at 1:46 am
My Investment Portfolio (February 2014)
Discovered on 28 Feb 2014 at 9:41 pm
STI ended the month at 3110 points. It started the month on a weak note and it actually fell below 3000 points and hit a 52 week low of 2960 points during the month. However, it recovered towards the end of the month to close higher. Companies had been releasing their full-year results towards the end of the month and there are some buying interest as things are not as bad as expected. Also, most companies are still paying dividends and that had attracted some investors back into the market.F...

Bought Kering
Discovered on 26 Feb 2014 at 6:20 am
Bought 117 shares of Kering @ 153.35 Euros on 18/Feb/2014.Will write up later.  Kering is the only Luxury company trading at a reasonable (but not cheap) valuation of 14X earnings.  Their main brand Gucci is out of favor right now.  Long term investment.  This is half a position.  Would buy more if it drops to 120+.Shares are directly managed to avoid counterparty risk.  Held through CACEIS.

Sold ESRX
Discovered on 26 Feb 2014 at 6:05 am
Results on the 24th were below expectations, ESRX gapped down on 2X average volume (not shown in the chart) and is now below 50 EMA.  I thought the results were OK, but the market reaction is what counts.  Although it has not broken the uptrend, I am uncomfortable with the reaction and cut loss.  Sold on Tues 25th 360 shares @ $74.34.  Lost about USD 530.I bought because it was going up.  It stopped going up.

Newbie's IB Portfolio - Short Gold! OMG!!!!
Discovered on 26 Feb 2014 at 12:28 am
Ridiculous Initial Margins In IB For 2 Closed End Funds?
Discovered on 25 Feb 2014 at 12:02 am
Newbie's IB Portfolio - Interim February 2014
Discovered on 24 Feb 2014 at 7:38 pm
Newbie's IB Portfolio - Problems Encountered
Discovered on 20 Feb 2014 at 7:37 pm
Newbie's IB Portfolio - Inception
Discovered on 19 Feb 2014 at 8:26 pm
Bought Express Scripts (ESRX)
Discovered on 16 Feb 2014 at 7:43 am
Had my eye on this for a while; bought because it did not fall when the indexes corrected (22nd Jan to 5th Feb), and the correction is (hopefully) over:Bespoke Investment also notes that the Drugs and Biotech has been the strongest industry group since the start of tapering (mid Dec), and Healthcare is one of the strongest sectors in the February's post-correction bounce. Fundamentally:ESRX is the largest Pharmaceutical Benefit Manager in the US.  Their business is to act as a middleman betwe...

Is the US market correction over?
Discovered on 16 Feb 2014 at 3:45 am
Probably.Long term, we were expecting a correction, but breadth did not indicate the bull market is ending (1) (2).Friday 24th was a 90/90 day. This Lowry Research paper (from TBP) is worth reading.  "Almost all periods of significant market decline in the past 69 years have contained at least one, and usually more than one," 90/90 day.They may signify major declines:They "typically occur on a number of occasions throughout a major decline, often spread apart by as much as thirty trading days...

My stocks portfolio - Jan 2014
Discovered on 6 Feb 2014 at 9:25 pm
30 January 2014
Discovered on 4 Feb 2014 at 5:44 am
January 2014 has not been a good month for the equity market. Weak data from China affected the share market performance. US Fed’s announcement to further trim USD10 Billion in bond buying towards the end of the month sent worldwide stock market in to down fall. Singapore market performed badly this month. STI dropped 145.52 points (4.59%) to end at 3,021.91 at the end of the month. My portfolio dropped with STI. Its value decreased by 3.25% for the month. Judging by the trend and news receiv...

Research report on yield securities - SGX
Discovered on 3 Feb 2014 at 8:57 pm
My Investment Portfolio (January 2014)
Discovered on 31 Jan 2014 at 9:03 pm
STI started the year on a weak note. The expected CNY rally did not happen and STI retreated to around 3027 points. Many factors were cited for this weakness, with the US Fed cutting its stimulus, weak manufacturing data from China, weakness in emerging market currencies etc. At home, property stocks received a beating as investors are worried about slow moving sales in the local residential market after various government measures to cool it.For this month, I have attended the followin...

Newbie's new bond portfolio performance - 2014 against Inception (31st December 2012)
Discovered on 31 Jan 2014 at 7:46 pm
My stocks portfolio - Dec 2013
Discovered on 1 Jan 2014 at 11:53 pm
Investment Strategy for 2014
Discovered on 1 Jan 2014 at 2:27 am
2014 is expected to be a good year for the markets, at least according to the analysts. Corporate profits are expected to go up, and markets are cheering since the tapering had started slowly and not as bad as expected. Economics are humming along, which should be good for equities.Personally, I think one should be prepared for volatility in the markets for the year ahead. Your portfolio must be able to withstand market correction and also take opportunities to re-invest back into the markets...

My Investment Portfolio (December 2013)
Discovered on 31 Dec 2013 at 10:01 pm
STI ended the year at roughly the same level as the start of it. There had not been much news flow this month as most investors are having their usual December year end holidays. Trading volume was thin. The two half day sessions during the month doesn't help things either. Lack of corporate developments was also apparent during the month as most company staff might be away on holidays as well.For this month, I have attended the following AGMs/EGMs/briefings - OUE, UIS, Riverstone, Ezra,...

31 December 2013
Discovered on 31 Dec 2013 at 8:20 pm
December has been a quiet month for Singapore stock market. The market seemed concerned by the US tapering of QE3. STI traded in negative territory in the first half of the month with thin volume. Towards the end of the month however, the market started to move upwards, probably due to the year-end “window dressing” effect. At the end of the month, STI closed at 3167.43, down 8.92 points or 0.28% from last month. My portfolio performed slightly better. Its value rose by 0.32%. I received som...

Review/Reflections for 2013
Discovered on 28 Dec 2013 at 9:20 pm
It is time of the year to do a review again. Thinking through what to write for this post, I thought readers out there might be bored to read the same old things again. Because there is not much change in what I had been doing in 2013 as compared to 2012, which means there is nothing new to write. Except for adding onto my existing portfolio and also reducing my stake in some old ones, there is not much change in the way I manage my portfolio.But of course, if I want to write about market "no...

REITs scrip dividend scheme - Beware of its pitfalls
Discovered on 9 Dec 2013 at 11:07 pm
Dear readers,I have shared previously at this blog on the scrip dividend scheme or dividend reinvestment plan (i.e. DRP). Readers who missed it previously can review it again at the link below:http://ghchua.blogspot.sg/2010/11/scrip-dividend-scheme-details.htmlRecently, during my conversation with one investor, I have discovered that he had elected to participate in the DRP for a REIT but did not choose the part cash, part share option. He choose Option 1 to let the company decide the number ...

My stocks portfolio - Nov 2013
Discovered on 8 Dec 2013 at 9:21 pm
29 November 2013
Discovered on 1 Dec 2013 at 8:13 pm
November has been quite a lull month in the local stock market. Market sentiment seemed to be dampened by the talk that US will scaled back the bond buying program next year, and the coming debt ceiling deadline early next year. Towards the end of the month, US market rallied, with index hitting highs. However, the local market went into an unusual lull period, moving side way for the past few days. STI ended last month at 3176.35, down 1.07% from last month (October). My portfolio perform sl...

My Investment Portfolio (November 2013)
Discovered on 30 Nov 2013 at 8:55 pm
STI closed down to 3176 points by the end of November 2013. It was a lacklustre month for the S'pore market despite Dow hitting new highs. Low volume and lack of direction had been the characteristics of the local market this month. The Thai demonstration towards the end of the month had further dampened interest in the market.For this month, I have attended the following AGMs/EGMs/briefings - Southern Packaging, Jason Marine, F&N, Sunright, Sinopipe, Vicplas, Khong Guan, Mermaid, CSE Gl...

Managing a portfolio of 500+ stocks - The Process
Discovered on 11 Nov 2013 at 2:04 am
Dear all,How do you manage a portfolio of 500+ stocks?I think this question came out quite often during my conversation with many people out there and also comments on my blog postings. Therefore, I have decided to write this blog entry to response to some of the queries out there.Previously as a Test Development Engineer, I was required to run more than 3000+ regression test cases for my product across various platforms. Nobody asked me how I managed to do so and I was surprised that many pe...

My stocks portfolio - Oct 2013
Discovered on 3 Nov 2013 at 10:29 pm
31 October 2013
Discovered on 2 Nov 2013 at 5:10 am
The US politicians did not find a solution to raise the government debt ceiling on time and part of the US government was shut down for 2 weeks. The equity market reacted negatively to this. However when the politicians agreed on a temperary solution and the shutdown Wayang ended, market recovered immediately. The positive earning results of US corporation (and some SG companies) supported the market as well. As a whole STI ended in positive territory in October. STI closed at 3210.67 on 31...

My Investment Portfolio (October 2013)
Discovered on 31 Oct 2013 at 10:28 pm
STI closed at around 3210 points by the end of October 2013. Although it seems that STI had gained some ground this month as the US government shutdown issue had been deferred further, it is really a bad month for retail investors in Singapore. This is because of the meltdown of the penny stock segment of the market, mainly due to the trading curbs imposed by broking firms on the now infamous trio of designated counters. Chaos were witnessed by me personally at the cashier of a broking house,...

The UIS Story - The End Game?
Discovered on 24 Oct 2013 at 9:39 am
The UIS story first appeared in this blog at the following link:http://ghchua.blogspot.sg/2009/12/uis-story-closed-end-fund-vs-open-end.htmlA few years had passed and the majority shareholders request to liquidate the fund:http://infopub.sgx.com/FileOpen/UOB-A2013-109.ashx?App=Announcement&FileID=261029Is this the end game for UIS? Will minorities support the liquidation? Will it be able to liquidate close to NAV, considering there are other liabilities to take care of like liquidation costs,...

My stocks portfolio - Sep 2013
Discovered on 5 Oct 2013 at 11:41 pm
30 September 2013
Discovered on 4 Oct 2013 at 7:44 pm
“世事如棋局局新”. Whatever were affecting the stock market negatively in August, were suddenly seemed averted: Fed announced that they were not scaling back their bond buying as yet, USmilitary action against Syriawas hold back. So the market reacted to the good news positively and rallied.STI rose 94.95 points, or 3.13% in September. My share portfolio performed even better. Its value rose 5.24% (net of amount invested this month), almost recovered the losses in August. During the month, all my C...

My Investment Portfolio (September 2013)
Discovered on 30 Sep 2013 at 8:13 am
STI closed at 3167 points by the end of September 2013. It was a volatile month for investors. Markets had cheered as US decided to postpone tapering but worries about Europe political woes and US government shutdown towards the end of the month pulled back some of the gains.For this month, I have attended the following AGMs/EGMs/briefings - Fortune REIT, SGX, MIIF, GK Goh, Lian Beng, TEE International and China Sky.For my top 30 holdings, Guthrie GTS dropped out of the list as I have a...

Air Liquide and Praxair
Discovered on 28 Sep 2013 at 8:47 pm
A look at the numbers for the companies in this industry. Revenues and ProfitsComparing the size of the four largest players, their revenue and profits (in same currency):Linde's profits are for the Gas Division segment only (probably excluding admin costs), which is why they are so high.  Ignore them.Air Liquide is by far the largest, in terms of revenue and profit.   Praxair is far more profitable, with a 20% operating margin in 2012 vs a 14% margin for Air Liquide.  Praxair has also gr...

Insights into Risk Management & Financial Markets: Do you think I am an idiot
Discovered on 21 Sep 2013 at 4:15 pm
Insights into Risk Management & Financial Markets: Do you think I am an idiot: 2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post ...

Do you think I am a financial idiot?
Discovered on 21 Sep 2013 at 4:02 pm
2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post on GFC, QE1 QE2 (QE3, QE infinity, QE finite) what’s next is the series of events on a blueprint of how financial markets is designed to trend. Why QE? Global (and US) QE were designed to lower long term interest rates with the objective of improving growth!

Bulk Industrial Gases
Discovered on 15 Sep 2013 at 8:16 am
This industry is interesting due to its natural barriers to entry.  Because gas is expensive to transport relative to its value - basically they are selling air! - operations are regional.  Once a region is served by an incumbent, it is not economical for a newcomer to make the investment required to enter.  In addition, there are only a handful of global players.Most of this comes from a Morningstar article, and Air Liquide's 2012 Annual report.Industry SegmentsBecause bulk gases are mo...

My stocks portfolio - Aug 2013
Discovered on 5 Sep 2013 at 10:14 pm
My Investment Portfolio (August 2013)
Discovered on 31 Aug 2013 at 3:30 am
STI closed at 3028 points by the end of August 2013. It was a bad month for investors. Markets are worried not only on the volatile currency movements, Fed expected tapering but also US and some of its allies considering military action on Syria. Obviously, with so much bad news, markets had been sold down badly.For this month, I have attended the following AGMs/EGMs/briefings - China Animal Healthcare, Jubilee, United Engineers, Petra Food, Novo Group, Stamford Tyres, Elite KSB and Freig...

31 August 2013
Discovered on 30 Aug 2013 at 8:47 pm
August has not been a good month for stock investers in Asia. Fear that US will scale back their easy money policy soon and the treat of a US-lead UN military action in Syria rock the global stock market. Value of Rupee, Rupiah and Ringget depreciated in recent months Hot money flowing out of Asian emerging markets like Thailand and Phillippines. Alls these news are not good for stock market. China Minzhong was ambushed by a US short seller, whose report accused CMZ of fabricating customer re...

My stocks portfolio - Jul 2013
Discovered on 4 Aug 2013 at 11:14 pm
31 July 2013
Discovered on 1 Aug 2013 at 5:12 am
After falling for two consecutive months (May and June), the stock market stabilised and recovered in July. As the fear that Fed stopping easy money policy gets over, investors' confidence seems to return. STI recovered some losses in the month. At the end of July, STI rose 95.01 (3.02%) to close at 3245.45. My portfolio did not do as well as STI, its value only rose 2.26%. This is mainly due to poor performance of property related counters and some Reits. This month I bought some CapitaLand ...

My Investment Portfolio (July 2013)
Discovered on 31 Jul 2013 at 2:38 am
STI recovered to 3221 points by the end of July 2013. It was a decent month for investors as markets are more confident of the US recovery story. Also, back in S'pore, the numbers for economic data are decent and that supported the market as well.For this month, I have attended the following AGMs/EGMs/briefings - Far East Orchard, MapleTree Logistics Trust, Metro Holdings, Global Logistic Properties, MapleTree Industrial Trust, SIA Engineering, Azeus, MapleTree Commercial Trust, Bukit Semb...

Notes on GoodPack
Discovered on 5 Jul 2013 at 9:50 pm
Since I last looked at it, the profile of this company has changed a little.Note their financial year ends June. CashflowsHaving being leasing IBC's for the past few years, they have been able to generate free cashflows (yellow below):But from this year onwards, Capex will rise as they go back to buying IBCs. As of 3Q 2013 (May), they have already spent 102m on PPE.  Both OCBC and DBS-Vickers predicted higher capex for 2013 and 2014.:Balance sheet As of May 2013, total debt was USD 266m, off...

My stocks portfolio - Jun 2013
Discovered on 3 Jul 2013 at 10:26 pm
28 June 2013
Discovered on 30 Jun 2013 at 10:04 pm
The month June has been an unpleasant one. The global stock market was hit by news that US would scaled back the QE program and some bad news from China. Singapore market was not spared and went into correction mode. Some even fear the bear is back. Market corrected quite a fair bid, depite some rebounds in between. As at month end, STI drop 161 points, or 4.86% compared with end of May. The value of my portfolio dropped 4.04% in the month, almost in line with the index. As the market correct...

My Investment Portfolio (June 2013)
Discovered on 30 Jun 2013 at 12:59 pm
STI was sold down to 3150 in June 2013. It was another bad month for investors as markets are worried about bad loans in the China banking system, in addition to the usual worry of interest rate hike. High yielding liquid stocks like REITs and stocks with exposure to China are targets of major sell down. Also, the haze and news of a contractor for MRT project being in financial stress had caused some of the construction stocks to be hit as well.For this month, I have attended the following...

Still Waiting....
Discovered on 30 Jun 2013 at 4:16 am
After a 9 month rally: finally a pullback! Due to the Fed's comments on 'tapering'.  And something about China.My gut feeling is that this will probably be a 10-20% correction.  Don't think we reached the euphoria seen at the end of a bull market.  Maybe we get a *real* bear 1 or 2 years later.We are also in the twelfth year of a secular bear market, which usually last 12-18 years.  I must consider the possibility, however wrong it feels, that the secular bear is over, and its 1982 again.And ...

Company Warrants Expiring in 2013 - Actions Needed
Discovered on 7 Jun 2013 at 9:38 pm
I need to remind myself all the outstanding company warrants that are expiring in 2013 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.TRANSCU W130109, Expiry Date: 9 Jan 2013, Exercise price = $0.04, Conversion ratio 1:1 - Warrants expired worthless.PANASIAN W130111, Expiry Date: 11 Jan 2013, Exercise price = $0.08, Conversion ratio 1:1 - Warrants expired worthless.ERATAT EW130111, Expiry Date: 11 Jan 2013,...

31 May 2013
Discovered on 31 May 2013 at 4:54 am
For many years, May has always been a month when I received big dividend, but at the same time suffered loss in share prices. So this year, when STI did well in the first half of the month, I thought: "Hmm...., finally this year is different." Then came the bad numbers from China and Mr. Market reacted adversely to it. Alas.. history repeated itself. Personally, I feel the sell down in the past few days was overdone. The market was waiting for a trigger to "correct" the run-up earlier. So whe...

Good savings from SRS and CPF voluntary contribution
Discovered on 24 May 2013 at 8:14 pm
It is the time of the year to pay income tax. The company owners are happy to receive dividends instead of income as they are tax a maximum of 18% at corporate level. The income I receive from REITs and listed company has already been taxed at source. Hence, I do not benefit from the corporate tax structure. For ordinary middle income Singaporeans like you and me, we can contribute to SRS and CPF (special account) to save a little on tax.I have completed my last module last year for my postgr...

What happened to my Sembcorp put option trade I did in March?
Discovered on 7 May 2013 at 4:55 am
After entering the trade on my ELN for SCI, my initial outlay for 11,000 shares was 54,604.28. It was converted to shares, instead of just earning the option premium. Just after it went XD, I sold it at $5.02, settlement amount was $55,107.73. Hence capital gain was about $500. I am also entitled the $0.15 per share dividend, which works out to be $1650. Hence the total gain was $2,150. In percentage terms, my gain was 3.9% over 1 month. Given the current rising/range trading markets, I will ...

30 April 2013
Discovered on 30 Apr 2013 at 4:39 am
This month, US market seemed to perform pretty well, following some good corporate results. Not so for the local market. Corporate results was mix, and the ST Index was hovering up and down without a clear direction. Most of the months it stayed slightly below March closing, until the last week. Then it suddenly moved forwards to new high on the last few day, at a time when GDP forecast was revised downwards by some local bank. You ask me? I don't understand.As at today, STI closed at 3368.18...

SPH CRASHED 5.65% IN ONE DAY
Discovered on 15 Apr 2013 at 4:41 am
Fortunately I closed my entire SPH position in one day when it reached $4.47. It is facing the stark fact that it is a sunset/declining industry, inching its demise towards paperless age. The REIT story was a nice opportunity to exit at a modest profit. Will it materialize? Perhaps not in the next 6 months. I have since reinvested the proceeds in unit trust, oil and gas, utilities sector and embarked on portfolio financing by pledging all my shares and unit trust to a bank. By end of May, I s...

The Car Industry
Discovered on 13 Apr 2013 at 6:51 am
I like Volkswagen's branding, due to their ownership of multiple brands at different price points.Unlike Mercedes or BMW, for instance, who risk diluting their brand as the move downmarket to sell cheaper and smaller cars.  Or Toyota, who created an upmarket car, but can't quite break into the luxury market...because its still a Toyota.  Always a bad idea to have your branding based on a single name. Volkswagen have increased their European market share from 18% in 2005 to 24% in 2012, due ...

F&N to be delisted?
Discovered on 4 Apr 2013 at 10:13 pm
Fraser and Neave (F&N) might not be delisted after all.  After controlling shareholder took over the company, there has been 2 senior appointments to the board of F&N.  The property and beverage conglomerate has appointed Koh Poh Tiong and former Singapore finance minister Richard Hu to the board.  Mr Koh Poh Tiong is a food and beverage veteran.These appointments have led to speculation that Mr Charoen who bought over F&N might be keen to keep F&N listed on the Singapore stock exchange.  Mr ...

28 March 2013
Discovered on 28 Mar 2013 at 4:51 am
Time really flys! Before one realises it, a quarter of the year has passed. Since it's a public holiday tomorrow, today is the last trading day of the month. The biggest news this month affecting the stock market must has been the banking crisis in Cypus. The worst seems to be adverted, but as the problem was not yet solved, it may come back again. With the news that this problem was somehow released, the equity market did quite well in the past few days. STI movement was somehow rangebound, ...

iWatch vs Swatch
Discovered on 25 Mar 2013 at 4:13 am
Apple's rumored iWatch would not be a watch, but a complement to an iPhone.  Probably some snap around bracelet, with a wireless connection to it.  With, for example: automatic passcode unlocking, NFC for automatic payments, help finding your lost phone, etc.Samsung has also confirmed they are also working on a watch.The Swatch CEO has come out to say that he does not think its a big deal.Yes, luxury mechanical watches and an electronic iPhone-complement device are different products, address...

Marco Polo Marine- A Buy
Discovered on 19 Mar 2013 at 7:30 pm
Marco Polo Marine (MPM) headquartered in Singapore is an investment holding company which was founded in 2006. Its primary business is to offer tug boats & barges to a diverse set of customers spanning from commodities, mining, infrastructure, construction, property development and land reclamation industries amongst others It also engages in transshipment services which could be defined as transportation of coal from the Indonesian mines to coal purchasers and from their transporting it to A...

Nam Cheong Limited - A Buy
Discovered on 18 Mar 2013 at 10:36 am
Nam Cheong Limited (NCL) is the largest Offshore Support Vessels (OSVs) shipbuilders in Malaysia. It is also one the largest regional players. Established four decades ago, NCL is headquartered in Kuala Lampur, Malaysia. Its prime focus is on building environment friendly & technologically advanced OSVs which are used in the exploration & production of offshore oil & gas.Currently, NCL has 37 vessels in October 2012, under its shipbuilding program which is due for completion by 2013.NCL’s glo...

Sold off all my SPH at $4.47!
Discovered on 13 Mar 2013 at 4:57 pm
I sold off my SPH at almost 5 years high of $4.47 pocketing a nice profit and the dividends since 2007. I received about 6% dividends every year while sitting of paper losses of between 100,000 to 10,000. It was a difficult period to hold on to such a stock with very limited upside. During the Lehman brother crisis, the generous dividends gave me strength to buy ARA, Fortune Reit, Parkway Life, Starhill Reit, Lippo Malls, Cambridge, OUE etc, while all these counters have gave me nice dividen...

3 Bedroom or 3 Bedroom Dual Key
Discovered on 9 Mar 2013 at 7:41 pm
The dual key unit costs $975,000, which is about $250,000 more than the unit I bought. I was struggling whether to spend that $250,000 for the unit for investment. However I decided against it, not due to affordability issue, but rather value principles. The dual key unit costs $250k more compared to 3BR, $300,000 more than a 2BR. Hence buyers are paying more than 1,000 psf for the 250 square feet studio. This costs the same as buying private condominium studios. If Topiary appreciates, likel...

Finally bought a property! (Part 3)
Discovered on 9 Mar 2013 at 5:58 am
Then, we chanced upon Topiary, which looked very far off on the Singapore Map near Sengkang, along Fernvale and Yio Chu Kang Road. It is not within 5 minutes to walk to Fernvale LRT. It is a good 15 minutes. We walked over to Greenwich, which has a cold storage and a number of nice restaurants. The nearest MRT was Buangkok 3km away, followed by Yio Chu Kang, a 10 minutes drive away. Clearly, the location was not the best. However, we noticed that new condo developments just across the road ...

Finally bought a property! (Part 2)
Discovered on 9 Mar 2013 at 3:47 am
Upon deciding to purchase Riversail, I brought my family members, fiancée, colleagues to view my chosen unit. They all feel it is a good buy, given current market situation. My fiancée who started work 6 years ago also said she could contribute some money for our future (be it for own stay or investment). All the better, then I will include her in the mortgagor as well. We did our sums and financing was extremely comfortable; she has about $70,000 CPF and $20,000 cash to contribute, I can cov...

Finally bought a property! (Part 1)
Discovered on 8 Mar 2013 at 3:43 pm
The next few posts will document my journey to search for a value property and the thinking process, dilemma I had during the hunt. The first property showroom I went was Riversail near upper Serangoon Cresent. It was a private condominium developed by Allgreen. The property was about 3KM from where I am staying. I like the property for several reasons. - Near to my current home. I am familiar with surroundings such as Hougang Mall, Buangkok, Compass point, Nex, Kovan heartland mall. - Next t...

ARA Asset Management - Good Business, Great Stock?
Discovered on 2 Mar 2013 at 6:55 am
ARA Asset Management is an Asian real estate fund management company that focuses on the management of public-listed real estate investment trusts (REITs).  ARA is listed on the Singapore Stock Exchange and is also an affiliate of Cheung Kong Group (whose chairman is currently Li Ka Shing).Company InfoARA was listed on SGX on 2 Nov 2007.  It manages various REITs that are listed on both the SGX as well as the HKSE and Malaysia Stock Exchange.  REITs that it manages includes Hui Xian REIT (HKS...

28 February 2013
Discovered on 28 Feb 2013 at 4:30 am
The bull that had run up quite lot since late last year appeared to be a bit tired this month. Renew worry on the European crisis dampened investor sentiment. The global stock market started to consolidate and doing some yo-yo. The Italy poll result didn't help the situation. STI went up and down, but somehow range bound. It settled at 3269.95, or 10.44 (.32%) lower than last month. Corporate results were mix, while banks did well, others lik SCI, SCM reported lower profit (and lower dividend...

Global Premium Hotels - A Buy?
Discovered on 27 Feb 2013 at 11:34 pm
Global Premium Hotels (GPH) operates one of largest chain of budget hotels in Singapore. Its established track record and reputation of providing affordable accommodation has led to its "Fragrance" brand of hotels becoming well-established in the local and regional hospitality industry. Most of GPH’s assets and hotel operations are located in the city or city-fringe areas in Singapore.                                      Global Premium Hotels runs 23 hotels across the country out of which 22...

6.9M population? I don't believe...
Discovered on 10 Feb 2013 at 9:03 am
I do not follow a lot on the ranting of increasing our population to 6.9M. The existing infrastructure have their own constrains to be able to cope with another 1.5M of population. Look at our expressways. If we were to widen the roads, it will cut into temples, homes, pavements. Our main MRT stations are already near to maximum capacity. How much more can they transport? Our cars are already very expensive. Must cars be so expensive that it is only a privilege for the wealthy?   The fundamen...

A Visit To #1 Loft at Geylang
Discovered on 10 Feb 2013 at 2:13 am
Few days ago I passed by a condo showroom about 400M away from Mountbatten MRT. I was curious about the climate of sales in new launches and decided to pop in.  As usual, the actual location of the development was not at the showflat but about 1km away at Geylang Lorong 24.  Nice bed that matches with decorThere were only 2 prospective buyers in that afternoon (including me) in the showroom. The agent was very warm, telling me it is a 5 minute walk to Mountbatten MRT and Aljuned M...

Beware of BID and ASK Spread for Cars!
Discovered on 4 Feb 2013 at 6:36 am
Lately out of curiosity, I decided to check out the value of my 7 year old Japanese car. A search at sgcarmart revealed that the same make/model/year cars would have asking prices of between $20,000 to $25,000 depending on mileage and month of registration. I bought this car in 2006 for $46,000  (no loan) and the car has a residual value in 2016 of $6,000. This means the average depreciation over 10 years is $4,000 yearly, assuming a straight line depreciation accounting. However, if I can ...

31 January 2013
Discovered on 3 Feb 2013 at 7:54 pm
The stock market got onto a good start this year with STI powered to 3,280, or up 3.58% in January. Investors worldwide seem to have shrugged off their concerns and got on to a risk-taking mode. Recent datas from US and China also gave investor confident a boost. My portfolio performed even better than STI in January. Its value rose 5% in January, due to price movement of some mid-cap counters. I did my first sell trade this year and sold off Union Steel shares. I bought some Yangzijiang shar...

Secular Bear Markets - don't wait for another big crash
Discovered on 21 Jan 2013 at 8:14 am
I'm now waiting for a recession or bear market.   As an amateur doing this part time, the safest way is just to wait for a crisis, which seems to happen at least every ten years.   I dream the market drops 40%, like in 08, and I get to buy stocks on the cheap.  I'll probably be waiting a few years more.  From "The Great Super Cycle" by David Skarica:Since 1900, four secular bears lasting 15-20 yearsSecular bull starts when valuations are compressed: In 1949, S&P's PE ratio was 9.1, In 198...

31 December 2012
Discovered on 31 Dec 2012 at 9:11 pm
December turned out to be a good month for the stock market. Though US fiscal cliff problem is still hanging and the European situation not getting better, the stock market remained quite calm and the indices rose in quiet sessions. STI continues its upward movement and ended the year at 3167.08 , 3.16% higher than last month. My portfolio did not do as well as STI. As at 31 Dec, the value only increased by 3.12%. In the month of December, I bought some shares of Popular, and got cambride IT ...

How to measure your life?
Discovered on 25 Dec 2012 at 4:45 am
Clayton Christenson, retired professor of Harvard Business School spoke to a group of students about life. He applied his business theories on life and offered some good advices on how to live a good and satisfying life. Prof. Christensen argued that, when we measure our lives, we always mistaken short term tangible indicators such as social hierarchy and wealth as the true measure of a successful life. i.e living in a capitalist society, we are nurtured, so to speak, to measure our lives the...

Prada
Discovered on 3 Dec 2012 at 4:47 am
3rd largest luxury handbag brand/company in the world.  For fashion and leather, the Prada brand had 2011 sales of 2b Euros, compared to:LV's sales of 8.7b (includes all LVMH's fashion and leather brands - Fendi, DKNY, Loewe, Celine and others - majority of sales are probably from Vuitton).Gucci's 3.1b (part of PPR). What do they do?In 1H12, 62% of their (company wide) sales were leather goods (excluding footwear), so we'll concentrate on that.  In Asia, I would say that all the 'fashio...

Why having an investment philosophy is important
Discovered on 28 Nov 2012 at 8:00 am
If you are a reader of my blog, you probably have heard of Muddy Waters and OLAM. Let’s look at the 4 charts of OLAM, NOBLE, WILMAR, GOLDEN AGRI .   Poor performance relative to local STI. In fact if you look at commodities asset class as a whole, most of them are performing poorly, with the exception of physical gold and oil. Recall my post here in 2008 where I blogged about my investment philosophy. I wrote at one point on NOT investing in high volatile stocks and assets classes. “I do no...

Quick notes on Swatch
Discovered on 13 Nov 2012 at 7:39 am
1) Omega is trying to move upmarket, having:        - increased prices dramatically (~30 to 50%) in the past few years, with       - more marketing: Olympics and James Bond, and        - pulling stock from third party stores while relying on their own boutiques.  Who no longer give the expected 20% off MSRP.If successful, they will end up like Rolex: widely known to the general public as an expensive watch to buy when you've 'made it'.  Instead of 'the watch for when you cannot afford Rolex'....

Tough time ahead for Tiger Airways
Discovered on 8 Nov 2012 at 10:30 am
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Time to hold Neptune Orient Lines
Discovered on 4 Nov 2012 at 10:30 am
Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso...

Dynasty REIT IPO - Li Ka Shing linked to launch end October
Discovered on 14 Oct 2012 at 7:58 am
Backed by Hong Kong billionaire Li Ka Shing, Dynasty REIT will be the first yuan denominated REIT IPO to be launched in the Singapore stock market.  The IPO of Dynasty REIT will be the largest in Singapore this year, surpassing that of Far East Hospitality Trust that was just launched in August 2012.So far, the trust has secured two cornerstone investors: Credit Suisse AG and Amundi (a joint venture between Credit Agricole and SocGen).  Together, they have subscribed to 137.6 million units.  ...

Superior quality makes Ascott a favourite
Discovered on 26 Sep 2012 at 11:00 am
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First REIT - Healthcare REIT to Buy 2 New Properties
Discovered on 25 Sep 2012 at 10:08 am
Long have I held First REIT.  Bought and sold First REIT multiple times making a good profit.  Have also received multiple dividends from it.  While First REIT has usually traded around $0.78cents (at least base on my memory), it has now surged past $1.00 perhaps on news that they are about to acquire two new properties.First REIT has basically entered into a conditional sale and purchase agreements for the proposed acquisition of two new properties in Indonesia - comprising an integrated hos...

Steady progress for Palm Oil industry
Discovered on 23 Sep 2012 at 11:00 am
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CPPUs conversion a positive step for FCOT
Discovered on 20 Sep 2012 at 11:00 am
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How many hours did you spend in your car?
Discovered on 20 Sep 2012 at 7:01 am
My colleague was lamenting that cars used to be cheap to own and he regretted not buying earlier. I need to correct him, car ownership is never cheap in Singapore, especially if you use my calculation matrix. Ever since I started using a GPS to navigate directions, I noticed that I drive an average of 1km/min. If the journey is 15km, I usually take 15 minutes to reach the destination. Hence my average travelling speed works out to be 60km/h. This is largely consistent with the average speed o...

3 months from June low... Markets are up again!
Discovered on 18 Sep 2012 at 10:08 pm
In early June there was an opportunity to invest into the markets as markets looked bleak with eminent downside risks. This was an exact replication in April 2012 when markets have moved up swifty, with STI surpassing the 3,000 mark in April, before correcting to 2700 levels in June. Fast forward 3 months later, markets are again in euphoria and STI has rallied 12% (before dividends). If you look at fundsupermart GM’s portfolio, it has rallied about 10%( with dividends likely to be reinveste...

Analysts are positive on Ascott REIT
Discovered on 17 Sep 2012 at 11:55 am
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CDL has the potential to grab growing tourism industry
Discovered on 13 Sep 2012 at 8:00 pm
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M&L Hospitality Trust
Discovered on 11 Sep 2012 at 7:30 pm
M&L Hospitality Trust is a real estate investment trust that was originally intended to list on SGX in 2012 but deferred its IPO listing as investor demand was less than expected.  Given the recent listing of Far East Hospitality Trust and Acscendas Hospitality Trust, will M&L Hospitality Trust list in the recent future? Only time will tell.  In the mean time, let's look at some background material on this trust.It was founded by the Kum family which is one of the wealthiest family in Singapo...

Because you're worth it
Discovered on 8 Sep 2012 at 9:42 am
L'Oreal is the largest beauty company in the world, selling a variety of different brands.Also owns a minority stake in Sanofi-Aventis - this is ignored here, all earnings are operational earnings.  Sales and ProfitabilityBy sales, the company is the largest in the world, closely followed by the beauty divisions of P&G and Unilever.  The other players, such as Ester Lauder, Avon have less than half their revenue.Notes on the categories:For P&G we are looking at 'Beauty' category: this excl...

Higher yields make Ascendas attractive bet
Discovered on 8 Sep 2012 at 6:58 am
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Hospitality Brand name Hotel properties Limited
Discovered on 2 Sep 2012 at 9:18 am
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Demystifying Capitaland Group
Discovered on 29 Aug 2012 at 1:34 am
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Massive constructions of Starhill Global REIT
Discovered on 21 Aug 2012 at 12:05 am
Starhill Global REIT is a real estate investment trust. This trust provides support in the real estate finances which are generally for office spaces and retail purposes.  It is spread across both Singapore and overseas. The Company got listed on the main board of the Singapore Exchange Securities Trading Limited in the month of September, 2005. Since, then the company huge and have improved its portfolio. It has two landmark properties in Singapore and the rest are in Malaysia, China, Austra...

Future is bright for Banyan Tree Holdings Limited
Discovered on 17 Aug 2012 at 1:06 am
Banyan Tree Holdings Limited is an investment holding company. It works in developing and managing hotels and spas in Singapore and abroad. It was started in 1994 and now caters in several segments such as hotel investment, hotel management, gallery operations, spa operations, design fees, property sales, golf course operations, resorts, design management and many others related in hospitality business. It is spread in more than five countries including China, Thailand, Indonesia, Seychelles ...

The Beauty Industry
Discovered on 12 Aug 2012 at 1:32 am
Want to look at beauty products because they are based on branding.  Unlike other supermarket products, such as tissues, cleaning detergent, or breakfast cereal - I've never seen a woman buy a generically branded beauty product.A quick look at the market, to get a feel for the products sold and the industry.Breakdown by CategoryAn estimated breakdown of the total beauty product market, from L'oreal's 2011 Annual Report: Some of these products, like toiletries, deodorants, nail polish, hai...

Leading manufacturer of Bakery Items
Discovered on 11 Aug 2012 at 11:04 pm
Introduction: BreadTalk group is one of the largest bakeries in Singapore established in 2000. It has expanded hugely in the past and now caters in three categories which are bakery, restaurant and food court. It deals with the supply and manufacturing of bakery food, confectionery and drinks. By the end of December 2011 Company had started 76 new outlets and this made the total number of outlets owned by the company in 471. Out of the 76 new outlets started with the company 24 are owned and ...

Enormous growth for Sheng Shiong Group
Discovered on 8 Aug 2012 at 11:13 pm
Introduction: Sheng Shiong Group is one of the largest supermarket chains in Singapore. Sheng Shiong is over S$628.4 million in revenue for year 2010 and has reported a net profit of S$7.0 million till the Q2 which ended on June 30. They have stores located in the retail locations of Singapore and are designed to provide wide shopping options to their customers. To support their retail operations they have in-house systems such as warehouse facilities, food processing and distribution network...

The Swatch Group
Discovered on 13 Jul 2012 at 4:27 am
Largest watchmaker in the world.  Provides a 'ladder of brands', from low end to high end:Swatch and Flick Flak: $30 to $100+ Hamilton and Tissot: Around $300 to $1500Longines: 1.5 to 3.5K per steel watchOmega: 3K to 8K: per steel watchBreguet, Blancpain, Glashuette Original: starting at 15KCompetes with Citizen/Seiko/Casio and many others at the low end, Rolex and Richemont in the luxury range, Richemont, LVMH and Independents in high end luxury. Segment breakdownHow much of their sal...

Richemont
Discovered on 12 Jul 2012 at 8:09 pm
Second or third largest luxury goods company in the world, after LVMH and PPR.  Sell mostly watches and jewelery.  Owns Cartier, Van Cleef and Arpels, IWC, Panerai, Jaeger-LeCoultre, A Lange & Sohne, Montblanc, Shanghai Tang and others.Its a holding company for the South African Rupert family's Luxury goods companies.  The CEO, Johann Rupert, owns 10% of the stock but has majority voting rights. Some Brand HistorySome scattered bits and pieces about their brands....to get a fee...

The Luxury Watch Industry
Discovered on 21 Jun 2012 at 8:20 am
Market SizeAs most luxury watches are Swiss made, we take the Swiss watch sales published by FH.  These are export prices; multiply by 2.5 to 3 to get the retail values. The numbers are not broken down into segments: the total covers everything from a million dollar handcrafted luxury piece to a $35 dinosaur watch.The hard luxury industry is highly cyclical - we have a 22% decline in 09:2011 export sales were 19.3b Swiss francs, or 16b euros.  Multiplying by 3 for retail price, gives 48b to...

Luxury Watches for Beginners
Discovered on 15 Jun 2012 at 8:41 am
The watch industry is confusing to newcomers.  So many big words, countless brands to choose from...and why do some pieces sell for 2K and others sell for 20K?  When you buy a watch, what do you look for? And what are you paying for?  Also useful for when I look at listed watch companies later.   Price SegmentsSee this link for the different price segments.Scarcity is the main thing determining which segment a brand is in.  For example, the high end luxury brand "A Lang...

What is missing in your financial plan?
Discovered on 12 Jun 2012 at 8:00 am
A financial plan is an on-going process of fact finding, analyzing your current budget and financial goals to accomplish the final financial goal or a set of circumstances, e.g. elimination of debt, retirement preparedness, etc. If you have a sound financial plan, you could probably ignore the rest but please send me a bouquet if you find something that is 'of thought' in my post. Thanks in

Why financial markets are not going your trend?
Discovered on 8 Jun 2012 at 12:32 am
Financial markets are not predictable. Financial markets are not logical most of the times.Most would wonder why Asian equity markets plunge while US Dow rallied for a third day or US markets ended mixed. While ·         China’s ‘good news’ rate cut spooks market from MarketWatch ·         Bernanke Sees Easing Options While Not Specifying Them from Bloomberg ·         Spanish Banks Need $50

Buy equities now and maybe after June 17 2012
Discovered on 5 Jun 2012 at 8:59 am
Usually when the fundsupermart General Manager’s personal portfolio is in the red, it gives a clear indication of a buy for equities. Down slightly as at 5th June 2012There are likely 3 scenarios after June 17.Greece pro austerity measures government wins election. Stock markets will rally.Greece’s anti bailout government wins and Greece exit EURO. Short term pain, but European central bank will pump in money to stabilize economy. Buying opportunity for rebound.Greece leaves Eurozone, central...

China Making Contingency Plans for a Greek Exit
Discovered on 4 Jun 2012 at 7:24 am
The above post was just released from CNBC. It discusses a call for contingency plans from the China authorities for a possible Greek exit. As you probably know, news providers are eager to broadcast the latest news. There are times when they do not verify the source of information. Do you recall the Spain-IMF rescue which was later denied? Whichever, we too, have a contingency plan.If the above

Think deep and hard before you invest
Discovered on 4 Jun 2012 at 3:22 am
Think deep and hard before you invest / advise / share.The markets had been tough since 2010. Most (if not all) investors are losing their capital. Even if you are a ‘pro’, your experience would have assisted you to cushion the fall in value. I am suggesting that you leave your investment to the ‘experienced’ professionals. Let me try to explain. Are you able to replace the professional

2012 Q1 was a bull trap
Discovered on 31 May 2012 at 11:04 pm
The Year 2011 was indeed a difficult year for the financial markets. We had the earthquake, tsunami, US credit rating and Europe issues, etc. To cushion the fall in 2011 Q3, major economies intervened. The effects started to materialise in late 2011 Q4 as it takes time. Most of 2012 Q1 rally was spanned by the massive pumping of liquidity from major economies not forgetting from Japan and TWO (2)


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