When I first invested in Powermatic Data, what I saw was a company with huge margin of safety with its cash hoard and properties. If you ask me then, what does it do, I would probably say "they have something to do with modems". That was almost 3 years ago. Today, Powermatic Data is a … Continue reading Powermatic Data (SGX:BCY) – The Right Place at the Right Time
Another busy month for me. Overall, not a very smooth month for me. hit a couple of snags at work. Sub-contractors facing cash flow problems and my company have to bail them out a few times. We are still trying very hard to tender for new projects but the construction landscape is so competitive now, … Continue reading Trick or Treat! – October 19 Review
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
I shorted 3 stocks in a matter of 2 weeks. I ended up with profits for all 3 trades. But I gotta admit, I was lucky that my short trades were successful as there were other factors that had a hand in the tanking of share price. My lack of in-depth research due to FOMO … Continue reading Three Times Lucky
Last Friday, US and China trade negotiators have met for the 13th time since the US imposed trade tariffs on China. The markets were initially buoyed by the news of a "love fest" between the two nations and commodity prices like soybean and cotton soared. However, the more I read into the "trade deal" and … Continue reading Second Thoughts
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…
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
On 30 September 2019, United Global (SGX:43P) announced that Spain's oil major Repsol (BME:REP) will purchase a 40% stake in one of their subsidiary, United Oil Company, for up to US$46.5mil. While selling a huge stake in their core business does not sound like good news, I felt otherwise. After understanding Repsol's ambitions in the … Continue reading United Global (SGX:43P) – Taking off with Repsol (BME:REP)
September came and flew past. Events, both life and work, stacked up so closely that everything seemed to happen so fast. I had my 2 weeks reservist and it felt like a much needed vacation. The low point is when I had to fork out $2k for my car repair cost and my root canal … Continue reading September 19 Review – Big Win for REITs
Anyone can be an investor. Select a strategy, approach, strategy or model and put in your money to create your portfolio. Depending on the performance, you may get returns that beat whatever index you bench-marked your portfolio against and be considered a "good" investor. But what does it takes to be elevated into "great" status … Continue reading The Difference Between a Good Investor and a Great Investor
