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
A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys and they both look under the streetlight together. After a few minutes, the policeman asks if he is sure he lost them here, and the drunk replied, "No Sir, I … Continue reading 3 Reasons Why You Should Read Annual Reports
Gold's rally in 2019 is not showing any signs of abating, with prices climbing to fresh highs amid uncertainty in global markets. I've decided to take a look at CNMC Goldmine to see if there are any investing opportunities. Company Background CNMC Goldmine Holdings Limited is a Singapore-based investment holding and management company. The Company … Continue reading CNMC Goldmine (SGX:5TP) – Time to Shine Again?
The greatest trader of all time, Jesse Livermore, said, "It was never my thinking that made the big money for me. It always was my sitting." Some companies have the ability to make you sit for very very long before they realize their value. This is one of them. Considered by many to have one … Continue reading Sing Holdings (SGX:5IC) – Worth The Wait?
What a horrible week for the markets with all the US-China trade war, Brexit and the Huawei saga. To keep me from being depressed, I told myself to quit looking at the markets and news for the time being. And if I ever feel the need to bet, skup the market and have a go … Continue reading Powermatic Data (SGX:BCY) – Full Year Results 2019
Over the years, I have observed that there are many people who like to fabricate stories in order to make sense of what is happening in the world. Philosopher Nassim Taleb also introduced this notion called "narrative fallacy". He said that we humans like to fool ourselves by constructing flimsy accounts of the past and … Continue reading The Illusion of Understanding
At first glance, this company has a very solid balance sheet and their business margins are at double digits and it also has a very earnings yield at around 17%. Moving forward, I also believe that their core business, which is in wireless connectivity, will ride onto the growing trend of 5G telco networks and … Continue reading Powermatic Data Systems Limited (SGX: BCY)– Believing in the Future of Wireless Connectivity