2020 is the year of COVID-19, a year of uncertainty, and changes happening at a fast pace. It offers several interesting lessons for me. Portfolio Performance My portfolio returned 55.96%. With a bit of luck, I managed to turn it around after that disastrous first half of 2020. At one point I was down 25%. … Continue reading 2020 Review, Lessons Learnt, What I’m looking out for in 2021
On a SOTP basis, Boustead is undervalued with fair value at $1.45 per share, an upside of 85% from current levels. Investors who own the stock in the long run should do quite well.
Banks are a cash cow and will remain a cash cow in the next 5 years. I feel that the banks will continue to give strong dividends even in this crisis and the years to come. However, I question the ability of the banks to grow in Singapore and the future of it.
Avarga Ltd (SGX:U09) is set to benefit from the huge spike in lumber price. Avarga Ltd is an investment holding company and its crown jewel is Taiga Building Products Ltd, a wholesale distributor of building materials in North America. Increase in homebuilding and renovation demand, combined with production cuts due to Covid-19, has caused lumber … Continue reading Avarga Ltd (SGX:U09) – To Benefit From Crazy Lumber Prices
HRnetGroup (SGX:CHZ) has 27 years of proven track record to show that they will emerge stronger from this economic downturn.
BRC Asia Limited (SGX:BEC) is one of the companies that were badly affected by the Covid-19 pandemic. With the construction industy picking up, we must be realistic with their short term prospects while we look at its potential looking beyond FY2020.
Aercap (NYSE:AER) reported 2Q2020 earnings this week and results have shown that they are the surprise winner in the airline industry selloff.
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)
Herman Miller has set the course to emerge stronger from this crisis. I feel that it is an opportunity to invest in a high end furniture maker as they recover from Covid-19
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 Working Capital and Why It Is Important in Investing