November 19 Review – Pretty Good Earnings Season

Whoa, my portfolio on steroids. Earnings season came and went. Overall, I was pretty happy with the results of the companies I'm holding. There were a few surprises; Pacific Century(SGX:P15) declared another $0.055 dividend per share! Is Richard Li going all out to milk the company and the take it private after he's done? I … Continue reading November 19 Review – Pretty Good Earnings Season

Pacific Century Regional Developments (SGX:P15) – The Peculiar Case of PCRD

PCRD (SGX:P15) is an investment holding company with interests in telecommunication, media, IT solutions, logistics and property development and investments. You know it is just a holding company when they only have the corporate information and investors' relations in their website, nothing more. Business Overview Its crown jewel is its 22.72% stake in PCCW (SEHK:0008). … Continue reading Pacific Century Regional Developments (SGX:P15) – The Peculiar Case of PCRD

Straits Trading (SGX:S20) – Value Unlocking Continues but…

Real estate company Straits Trading (SGX:S20) is valued by the company at a 44% discount to its net asset value of $3.66 based on its current share price of $2.07. If based on my RNAV calculation done in my previous post (see here), it would be trading at 43% of RNAV of $4.79. I decided … Continue reading Straits Trading (SGX:S20) – Value Unlocking Continues but…

Scorpio Tankers (NYSE:STNG) – IMO2020 an Upcoming Catalyst

IMO2020 is a upcoming catalyst that would boost tanker charter rates due to the rush to stock up on low sulfur blend fuels in ports worldwide. Combined with supply straining and demand picking up in a seasonally strong quarter, Scorpio Tankers (NYSE:STNG) could benefit from the industry's bullish fundamentals and share price could go higher … Continue reading Scorpio Tankers (NYSE:STNG) – IMO2020 an Upcoming Catalyst