Tuesday, July 28, 2015

SMRT - Is it a good investment at current level?

Just want to update on SMRT, which I find a little fascinating. I first wrote about SMRT on August 2010, subsequently again on December 2011. My latest update can be found here.

Note: Just for educational purposes. Not a buy or sell call.

Sunday, July 26, 2015

Hong Kong Stock Market - Hang Seng Index

Hello, been a while. Hope you are all doing well and your investment is growing! :)

Hong Kong Stock Market is undoubtedly more interesting and more vibrant than Singapore Stock Market, especially so due to their proximity and connection with Mainland China. Singapore investors too have accessibility to Hang Seng Stock Exchange through our local brokerages and I know many investors are also investing in Hong Kong stocks. Stock Investing in Hong Kong market is not just more interesting, but can also be more rewarding than local Singapore market. See the results below:
Today, we will show the results of Value Investing Strategy builder on HK stocks:

1. Setting Value investing criteria:

2. Results of the above screening on 26.07.2015 on HKEx:

3. Back - Test Results:

As seen from the back-testing results above, the Value Investing stocks (GREEN LINE)  OUTPERFORMED the Index performance (RED LINEvery very nicely!! Impressive, isn't it! :)

Sunday, October 06, 2013

SGX as regulator

This kind of activities that keep happening in Singapore Stock Market certainly erodes investors confidence :

Wonder what is SGX doing all these while. Besides maximizing revenue... Have they failed in their role as regulator? And how can SGX do a good job as a regulator when they themselves are a listed company in Singapore Stock Exchange? Isn't there a conflict of interest in their dual roles as a regulator as well as operator of the casino..oopss I mean exchange? ;) And what is MAS doing about this?

*Not vested.

Friday, February 01, 2013

Raffles Education 01.02.2013

Sorry for the long absence.

Bought a bit of Raffles Education today for investment.

Hope the worst is over for them. Net Tangible Asset (NTA)/share is about 38cts. So nothing much to lose at the current price of 37/38ct.

Price to Book ratio is 0.71 while Price to Tangible Book ratio is 1.04. (source Reuters).

Am bottom-fishing (using extra cash) to gain maximum return.

Target to let go at 52 cent and above.


Saturday, January 05, 2013

Happy New Year 2013!

Yes, a bit belated but won't miss the chance. So, here is wishing You the Best of All things to be in your life for a new year 2013! For all that has been, i say THANK YOU. For all that is to come, ALRIGHT :-)

My wish for 2013 is a world where there will be less greed, less fear, less hate, less ignorance and more kindness, compassion and wisdom for one another.


Sunday, May 06, 2012


Look at STI Weekly chart and Monthly chart below:

What the 2 charts above tell me:
1. Market has been in such a DRAG! Investors are undecided, BUT
2. Market is at a decision point and a resolution will be coming soon.
Personally, I still am more inclined to think that there is still upside to come because of falling volumes while index stays flat for the past week (which show presence of buyers as sellings were absorbed), I am not really that optimistic.
Market can't stay flat like this forever, so I guess we can still expect pockets of opportunities here and there.
Good luck!

Saturday, April 14, 2012


As it is becoming harder and harder to make money nowadays while being squeezed by high inflations, more and more people are resorting to scams/fakes or ponzi schemes. Be aware and Stay alert!

IEV and KepCorp Update

VALUES Don't Lie! (Be it investment values or moral values)
See updated charts below.
IEV has been coming down while KepCorp going up since previous post on 2 April 2012.

(Tips: Personally, I usually take my profits when prices gap up and wait again at gap close area :)

Monday, April 02, 2012


IEV. Absolutely fabulous looking chart, isn't it?

This stock is trading at PE: 35. Price/NAV of 5.3

In comparison:
KepCorp is trading at PE: 11. Price/NAV of 2.7

I hope you will not be the last sucker to be holding on to this overly expensive baby, no matter how beautiful you think the face (chart) looks like as baby face will change when grow up, so will their  nature  lol ;)

Friday, March 30, 2012

Stock selection

I got many questions as to how I select my stocks. There are 700+ stocks in sg stock market alone.
The answer is there can be only 1 way. Through FA (Fundamental Analysis). And I do my stock selection FIRST through FA then TA. From my own experience, FA is more important than TA. You may wish to disagree and it is fine.

Where to learn TA? Plenty of resources available free from internet (which is where I learn mostly from in terms of time spent learning TA). Btw, for retailers, in case you do not know, 90% of the people in this industry know TA. So if you know TA, remember that the BB knows much more than you and most importantly, they have much more liquidity than a retailer.

Where to learn FA? I have a degree in accounting and it makes things a bit easier for me and subsequently did my CFA. This too, I believe, you can learn from internet for free.

Why do stock prices move up?
Ans: Because there is demand (and usually it is BB/funds/institutions who will  move and maintain the price). Why is there demand? Because of value or "perceived" value. What is value or "perceived" value? Warren Buffett talks about it :)

So, if FA is so great why do some fund managers do so badly?
Ans: Because what they perceived as value is not what others perceive as value. Lol!

To apply FA in stock market therefore is not an easy task but if one masters this skill, the risk/reward can be very good. But it is a very difficult skill to learn and most people just want to make quick bucks ignoring the risks, hence many just go for TA. "Break this line buy break this line sell". Making few bids here and there but when stock gaps down/up, one loses all the tiny profits and incur big losses.

As investor, besides VALUE, the other important component to know, is RISK. But, if you know your VALUE, you can minimize your RISK, hopefully; because like many things in life, there is this thing called LUCK too that is specific to each individual.

Complicated? Of course! If so easy, all no need to work, students no need to go to school, all just punt the market everyday. Do not be deceived, assess the Risk and Value but more importantly, know your own Luck! :-)

So there you go, no secret.

Wednesday, March 21, 2012

CMA Update

Outperform the market...AGAIN!! Previous post: CMA 13.3.2012

Wednesday, March 14, 2012


My musings of the day..... 

"The body is balanced when it neither leans backward nor forward nor sideways. The mind is balanced when it neither leans into the past nor the future nor into distractions in the present."

"When we are too eager for someone to understand something, it means we still don't understand."

"Misery loves company. Bliss doesn't need any." BLISS is the BEST company :)

STI 14.3.2012

WAH! 20pts gap up, don't play play! :D
First AHA here. 2nd AHA updated 1 hour later here

Tuesday, March 13, 2012

STI 13.3.2012 (10.45am) update

STI 13.3.2012 10.45am update.

CMA 13.3.12

As the world becomes more and more consumeristic (got such word? lol), shopping & entertainment activities increase...good for CMA? What do you think, good for malls?

CMA daily chart

STI 13.3.2012

AHA! STI Screenshot@13.3.2012 9.25am intraday chart :)

Friday, March 09, 2012

STI 9.3.12

STI 30-min chart

Wednesday, March 07, 2012

STI 07.03.12

STI Intraday

Noble 07.03.12

Noble daily chart

Friday, March 02, 2012

NOL Update

Previous comment on NOL here. Price then was $1.28. I mentioned sellers (shortists specifically) were very kind to give chance to buyers. Today price hit $1.465.
How did I know it was the work of shortists who eventually will have to bring up the price as seen today?
Trade secret :)

Friday, February 24, 2012

Keppel Land

Keppel Land weekly chart

HPH Trust

Very nice pattern

Capitaland Update 24.2.12

Capitaland monthly chart update.

Thursday, February 23, 2012


So kind, sellers give chance to buyers. Unbelievable!

Wednesday, February 22, 2012

Wilmar 22.2.12

Same amazing stunt every quarter....

Tuesday, February 21, 2012


Wilmar Weekly chart
-hit resistance


Yanlord Daily chart
Yanlord Weekly Chart

Monday, February 20, 2012


Thursday, February 16, 2012

Warren Buffett

I like the last one the Best :)

Wednesday, February 15, 2012


First highlighted on 4 Jan 2012 on the nice chart formation here. And price keeps breaking higher.  The co. just declared a 10ct dividend. Definitely a WINNER! Indeed Double Happiness for its shareholder. Congrats!
But at this level, I am NOT looking to chase anymore.