“Diversification is protection against ignorance” – Warren Buffett “Diversify. In stocks and bonds, as in much else, there is safety in numbers.” – Sir John Templeton Don’t put all your eggs in one basket, diversify? Or… Put all your eggs in one basket and watch them closely? Which advice should you listen to? … Read More Diversification vs Concentration: The Great Debate.
It is widely known that US stock markets are on record highs on the back of Trump-inspired ‘reflation trade’ and leading the pack are ‘FANG’ stocks an acronym for Facebook, Amazon, Netflix, Google, the most popular and high performing tech stocks in recent years. The sentiments at home in Singapore are not quite jubilant as… Read More How attractive are Singapore stocks? – Global Stock Market Valuation
Baker Tech is in strong position to survive the challenging landscape ahead in the Oil and Gas equipment services sector. $128 million in cash with no debt, stock price trading at discount to Net Current Asset value. With $130 million market cap, Baker Tech is trading on multi year lows as the industry goes through… Read More Baker Technology: Strong balance sheet to help survive distressed and challenging petroleum industry.
I’m not sure if any of you own shares of Imperium Crown, but I can imagine that it must have been a bumpy ride being a shareholder of this company. 2 years ago in mid 2014, the company then known as Communicating Design International Limited proposed divestment of its outsourcing and marketing business to venture into… Read More Imperium Crown: Proposed Divestment from core operations (twice in 2 years)
If you’re not a member of the Malay community in Singapore, chances are you’ve never heard of Second Chance let alone know what this brand represents. And if you’re a member of the Malay community, I’m guessing that you’re probably not aware that Second Chance does not only sells traditional Malay clothing and jewellery. With… Read More My thoughts on Second Chance Properties
Business Background Hanwell Holdings supplies provisions and household consumer products in Singapore, Malaysia, and China. The company operates through Consumer Businesses and Strategic Investments. Consumer Business engages in manufacturing, brand management, marketing and distribution of consumer goods and is organised into 3 main entities: Fast Moving Consumer Goods (FMCG), Franchise and Health solutions. Subsidiaries under… Read More Hanwell Holdings: Will this strategic investor be catalyst?
Key statistics: Market Cap (SGD): 124,310 mil 52-week Low range: S$ 0.34-S$ 0.29 Rolling P/E: 3.03 Net Asset Value (SGD) : 62.9 cents Price to Book Value: 0.493 Cash per share (SGD) : 17 cents Total debt to Equity : 15% Net-Net Working Capital (SGD): Cash (100%) + Receivables (75%) + Inventories (60%) = 68,293 + (84,380… Read More Sing Holdings: 43% discount to Net-Net Working Capital
I was searching for deep value stocks that are trading at 52-week lows when I chanced upon Hor Kew Corporation Limited, a building construction group that provides an integrated range of construction and related services. From a statistical standpoint, Hor Kew Corp looks cheap as it was trading at 0.18 price to book value with… Read More 4 things you need to know about Hor Kew Corp
Does deep value stocks makes you uncomfortable? Does it give you that irk factor? You’re not alone. Deep value investing sounds good on paper, buying a dollar for 50 cents. I mean, who wouldn’t want to? But the truth is, it is easier said than done. You are probably concerned if the problems in the company… Read More Are you facing these problems in deep value investing?
Deep Value stocks are cheap for a reason, these stocks are often plagued with operational problems. The common problems that these businesses faced are earnings and cash flow related. Hence, understanding the cost structure of a business is crucial in tracking earnings and cash flow. As a deep value investor, this gives you edge in… Read More Simple guide to understanding the Cost Structure of a company