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…
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)
Say, what's the most expensive condom selling in Lazada.com? A quick search revealed the one product that beats the rest hands down. Snapshot from Lazada.com There we have it. Okamoto's Zero One, arguably the world's thinnest condom yet, is the most expensive selling at about $5 per condom (box of 3) while the rest ranges … Continue reading Okamoto Industries (TYO:5122) – The Quiet Innovator
I watched "Moneyball" back in 2014 and was fascinated by it even though I'm not a baseball fan. The film, adapted from the book by Michael Lewis, is based on the true story of how the Oakland Athletics upended baseball by shunting tradition and putting their faith in the numbers. In doing so, the A's … Continue reading Moneyball Series Part 1 – Get on Base
The first time I had the famous Chili Crab by Jumbo Seafood was at their Dempsey Hill outlet. Imagine my surprise when I saw that their restaurant is packed on a Tuesday night. Even when we left the premises at 10pm, it is still relatively full, mostly tourists. As I dug deeper into the company's … Continue reading Jumbo Group (SGX:42R) – Workable, Scalable
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
Last week, we had a little drama in Singapore's investing landscape when Yangzijiang Shipbuilding(SGX:BS6) plunged more than 20% from $1.29 to hit a 2.5 year low at $0.86. It has then recovered to about $1.01 currently. For more info, you can click on the link below; https://www.businesstimes.com.sg/companies-markets/yangzijiang-hits-rough-waters-amid-beijings-probe-into-individual-linked-to-firm It has stirred up tons of discussions among … Continue reading Math is the Simple Part
