Caveat Emptor

Yeo hiap seng 1) Sitting on a one off huge pile of cash of 138.35 million from the disposal of super shares. Used partially to pay for disposal of subsidiary (-1.21million) and decrease in (-3.27 million) from fnb division  2) Decrease in q1 revenue due to dispute with Cambodia distributior. Sales will be decreased in the short run  3) Challenging business risks include forex rate, weak market condition, delay shipment to markets, water provision  4) Decline in gross profit due to lower revenue and higher cost of finished goods (temporary, not yet delivered goods).  5) Company is able to successful decrease advertising, distribution and administrative experiences to soften the decrease in profit.  6) Loss of pepsico exclusive bottling agreement.  7) Preliminary analysis on its balance sheet revealed after 2014 , there is a sharp fall in profitability and revenue that decline has been persistent since then and the company profitability has no

General Sentiment After attending the investment seminar talk held at suntec city on 06/08/17, my general impression is that there has been an active interest between the brokers in offering competitive rates for their brokerage services. There are a lot of proficient speakers there, ranging from the bond experts at fundsupermart, general brokerage providers, investing-note (Facebook for investors) as well the dubious schemes promoting quick to rich schemes with 99% of beating the market. I really enjoy those talks but that will be a post for another day.  The general trend of brokerages now (borrowing ideas of SCB low cost model) is to create a savings account at their brokerage so that they will have a much lower credit risk if client have insufficient funds to make the trade. That way, they can reduce default risk, trade timing issues, turnabout trades, buy in issues and also bolster the amount of funds accessible to them. SCB took one step further by not even setting up booth at

Looking at the 5 year chart of SGX, there might be evidence of yearly seasonal trends in the stock price of the Singapore Exchange. It might be worth it to start stocking up cash in anticipation of the market correction there might be occurring around October to December period.    *edit* dividend policy is around the period from 27oct to 03 Oct explaining the drop in share price. Not sure if dividend payout is considered a seasonal factor but oh well.  SGX is a company with 0 debt and very good cash flow. I am bullish about its measures to improve profitability and some fundamental changes in an attempt to boost trading volume. Nonetheless, a quantitative analysis on its figures is necessary prior to any purchase position.

I took a day off work today to consolidate some of my investment portfolio matters. I went to the Suntec investment seminar on Sunday to listen to some seminars regarding portfolio building and bond investing, and consolidate the findings on Monday.  Although I confess I am not into bond investment at the moment, with interest rates expected to rise all the way until next year, it is a rare chance to listen to professionals speak regarding this matter. Stocks may be overvalued as the economy picks up and I may have to research on picking bonds to supplement my portfolio. I will be also meeting my Philips capital adviser to consult him on portfolio matters as well as to meet up with my ex colleagues for lunch  Taking a sombre view at my active picking results, I gather that value investing is bound to be vastly underperforming in the short run. I bought Hyflux, raffles medical, I trust and singtel within the span of this year, and upon getting notice of their 52 week low tradin

Peter lynch once state that there is no point in doing market timing. If a company is good it will continue to grow. Small Amount of over valuation should not matter in the long run for growth stocks. This is in contrast of Benjamin Graham focus on margin of safety. Focus on value investing.Modern fundamental school of thought is to choose good growth / value companies with a long term outlook, and use technical analysis to price entry and exit points. So far, my portfolio has made overall gains throughout with only 2 positions resulting in losses. Granted it is a small portfolio (diversification through deep analysis and market exposure and risks), the plus is successful in overwhelming the minus. Still, I admit I really suck at the market timing portion via technical analysis. I initially buy stocks at certain level above resistance lines. The thing about technical analysis is it is very short term based (short term is hours, long term is less than a month). At this point of time,

Links http://thecollegeinvestor.com/1332/invest-lump-sum-small-chunks-dollar-cost-averaging/ http://www.moneychimp.com/features/dollar_cost.htm https://www.fool.com/how-to-invest/2014/11/12/dollar-cost-averaging-your-way-to-wealth.aspx http://forums.hardwarezone.com.sg/stocks-shares-indices-92/%2Aofficial%2A-standard-chartered-bank-online-equities-trading-5287938.html https://the-international-investor.com/investment-faq/stock-broker-account-safety http://dollarsandsense.sg/standard-chartered-to-introduce-minimum-commission-fee-for-online-brokerage-trades/ https://heartlandboy.com/standard-chartered-brokerage/ https://the-international-investor.com/investment-faq/stock-broker-account-safety http://dollarsandsense.sg/7947-2/ Pros 1) You Don't Have The Money Upfront 2) Psychological appeal: if the market dips, people will be happy because DCA will be saving them money; and if the market goes up, people will be happy regardless . 3) You don't believe in mar

1) markets are not rational. Share performance will be more volatile than company real performance. Share price is most widely tracked but least useful. Book value is not accurate reflection on company's ability to generate profit. 2) strong opponent of emh. If you are so smart why am I so rich. William Sharpe. Outperformance of market is a sigma event. It is easier to explain a sigma event than explain gaps in Emh. Opponent of capm (unrealistic assumptions )and technical analysis (not reproducible) There is poor autocorrelation in prices and technical analysis should fail. There is no way to reproduce results reliably. Flip a chart over and the results are not reproducible 3) Business schools and markets reward complex behaviour more than simple behaviour. But simple behaviour is more effective. Strongly prefer simple business with predictable results. If you can't explain why you want to make an investment, don't do it. Invest within your circle of competence. If res