Aercap (NYSE:AER) – Surprise Winner in Airline Industry Collapse

Aercap (NYSE:AER) reported 2Q2020 earnings this week and results have shown that they are the surprise winner in the airline industry selloff.

It’s Hard to Measure Management Quality (Revisited)

I have written on this topic sometime last year. https://themosspiglets.com/2019/06/19/the-importance-of-assessing-management-quality/ Last week, we received news about a corruption case involving a former LTA staff and directors from several construction firms. https://www.businesstimes.com.sg/companies-markets/former-lta-deputy-group-director-charged-with-corruption I was surprised at this news especially with the people involved. Mr Henry Foo was once touted as one of the more promising LTA … Continue reading It’s Hard to Measure Management Quality (Revisited)

Understanding Financial Statements : Working Capital and Why It Is Important in Investing

I have started a series of posts on understanding financial statements. This is because I have received questions from readers asking whether there is a need to have a financial background in order to analyse annual reports/financial reports. I did not receive any formal finance or accountancy training. The only course I took was a … Continue reading Understanding Financial Statements : Working Capital and Why It Is Important in Investing

Powermatic Data (SGX:BCY) – Still Picking Up The Cash Flow

Powermatic Data (SGX:BCY) just released their long awaited full year results after a 2-month time extension filed with SGX RegCo. Since Feb 2020, the Group released updates on their operations in Suzhou. In a nutshell, operations were halted on 3 Feb 2020 due to mandatory closure under the directive of the local government and has … Continue reading Powermatic Data (SGX:BCY) – Still Picking Up The Cash Flow

Nordic (SGX:MR7) – Will Contract Backlog Will Push Nordic Back Up?

Nordic Group Limited (SGX:MR7) is a global solutions provider in areas of System Integration, Maintenance, Repair, Overhaul & Trading, Precision Engineering, Scaffolding, Insulation Services and Petrochemical & Environmental Engineering Services. In 2020, they are hit by a number of issues relating to Covid-19 such as the extended closures of the Group's operations in China and … Continue reading Nordic (SGX:MR7) – Will Contract Backlog Will Push Nordic Back Up?