Wednesday, December 31, 2014

Teen to another Teen , Your question , My answer .

Hi in another segment of my diary , i've turned legal age to go and purchase a bottle of red/white (Those who don't get this , wait for the answer in another 3 years, you'll understand , eventually . )


  All right , let's begin proper.



So in a Facebook post , i asked my friends what they would like to see me write about and Branson Lee said
"The different approaches you make before making a buy  the things you consider etc"


For starters , my approach or rather rationale for this way of me investing is simple. Don't pick or go and whack counters that you know that with your holding in it , you'll toss and turn around in bed , in my dialect , it's called "koon bway loh" , so for those that are thinking of doing this kind of move , think again




MAKE SURE YOU CAN SLEEP AT NIGHT , 

and SOUNDLY TOO!





Before i make any move , i'll do these 4 steps . 


1) Eyes open big big , legs don't shake.


 People may ask why look at the corporate structure ? The board ? The operations? The mode of biz , the industry they are in ? The equity structure ? Let me sum it up in this sentence , a sentence i heard when i was doing my second part-time job back in 2012 , 

"In order for (you) to suggest changes , you must know how the Managing Director is managing the firm , you must know who is the one in power and how that power is being used at his / her discretion" . 



An example of a good MD is Popiah King , and probably Sheng Siong's Management team as they know what the consumers,market and shareholder wants and they will try to align their strategies , corporate profile to portray that . So one word for them , 

赞!






2) Listen , don't open your mouth first. Learn to listen. This buy in is not a drag race!


Let me furnish you with a simple example. , it's Chinese New Year / Lunar new year , you're in a room with your aunties , your older cousin and older cousin's younger bro who is educated in finance. They are talking about balance sheets ,  NAV , asset values , trading volumes , moving averages , the only BS other balance sheet i know about is the garena game , blackshot. (minus the bull manure la)


Point in case being : Listen in on conversations and if you have a rebuttal to make anywhere , make sure that it is structured , coherent and that you're in the right state of mind , don't bother whether the fella on the receiving end is your cousin brother , uncle , auntie whatever. As long as you remember this they are also fellow investors . If you can see it this way , i'm definately sure , the convo will be a fruitful discussion .



3) READ , READ , and READ more 


"Mai Kan Cheong!" Investing is not a race

TRADING is . So if you're an investor, you definitely want to know where the heck your $$ is going to end up in and who it's gonna end up with. So read up , read up on the background , profile of the company / counter , who are its gatekeepers and who is in power , any current litigation cases? International Arbitration pending? Competitors who are also listed? If they have competitors (assuming not a niche counter) , COMPARE DATA ! See whose data is more sound , fundamentally , a company better have a good track record (I won't say spotless because in Biz , it has its ups and downs , don't expect everything to be in the black) . Then read up on industry news , go research on market trends towards this industry and consumer/customer sentiments towards this industry , is it a  sunset industry? Or is there untapped market potential that this counter is leveraging on ?


4) Everything also in moderation .


"Ho Jiak Bun Mai Jiak Ka Zhway" 

Even though my size doesn't exactly advocate moderation towards my intake of food , be SMART , don't whack all your plans by putting all your eggs in one basket , diversify !




No matter what your banker , auntie , uncle , financial adviser tells you about this counter , have a back up route , another counter or many many counters where you've already parked $ to cushion the impact .


REMEMBER : YOUR $ IS YOUR $ , not your uncle , auntie or cousin's . OK? 

I sincerely hope all of you will be able to increase the size of your golden egg :) Huat Ah!




Pics from google :)


Monday, December 29, 2014

How to pick counters ! Same thing , go horland play ball don't come back with a vengeance hor!

Hi Peeps




 Ken here, trying to remind you that the week is not over just yet.

For 2015 Q1-3 , please go source for counters that have the following 3 things , if you wanna drink kopi at starbucks , idk if they will have 1 for 1 for the non-seasonal drinks or not other than for their annual BOGO day -.-





1)

LOCAL Presence , whether physical , online , on cloud , on whatever , i don't bother too much with that , for me , what goes , goes.

(They better be number 1 or within the top 3 of their industry) 
(不好就不要啦,就是那么简单。)








2)


CASH RICH , different people have different way of looking at this , but for me , look at the current assets on hand vs the outstanding liabilities or any loan(s) that are due soon.

[some counter pattern more than badminton la , don't know how many fellas they wanna borrow from, so better make sure got enuf firepower in the bank to support the war ah !]







3)

AMBITION , the counter's management better be those that open the eyes and ears big big one , try to have a counter that has expansion plans , history of acquisition during times of economic turmoil etc etc , or a counter that has expanded recently and not spread too thinly on all ends if not like the nutella bread like that , too little i hiam the taste not enuf , too thick , macam drink milo dinosaur -.-




4)

Yar , still got step 4! Step 4 is to see if all the 3 steps above are fulfilled for the counter you are looking at . YOU , yes YOU , have to go and look at past performance ah , and decide yourself whether to park your fortune there or with another few more counters :) For those more TA inclined one , please go chart the progress till swee swee song song then decide :)




Lastly , time is on your side in 2015 , mai kan chiong , no one rushing to steal your hello kitty :p



Here is Ken signing off liao , if not y'all sure find me lo so one ,


Cheers and Huat Ah!





Pics courtesy of google images :)


Sunday, December 28, 2014

My Two REITs Pick for 2015 , if drop till horlan don't come gostan and scold me hor!

Ok B4 i start i need to put a large disclaimer .

DISCLAIMER : I don't have any vested interest in REIT s . My rudimentary understanding of REITs consists of 5hrs and above of "research" .



So here it goes , small kid's picks for REITs 2015. (To be awfully honest , small kid isn't really keen on the thought of me owning half of a basin somewhere in bukit batok or something like that la -.- it's just me , i know ) so with my ranting done , let's go .




PROs of REITs  : Liquidity , leverage on the law of large numbers to purchase space :) , better yields from the dividends as compared to a typical share counter with similar price point , 
** You get to own property!**


1) Mapletree Commercial Trust



Key Figures:



Current Price : SGD 1.43 / Share 

My Expected Share price by 3Q 2015 :

SGD 1.65 / Share

Div Yield : 5.44%  (Don't worry , not 444 la)
**LOOK OUT for Third Party Acquisitions lo**
    Look at the key tenants in its properties , look closely :p

This REIT why i picked leh? Very simple , you see ah , how many people go vivocity at least once in a year? Confirm got once one right? Then ask you again , every year you go walk walk , the shops got change? No right? very rarely has the tenants been chao-ing , you see the most easy to spot and profit margin not a lot one la , cause of the rent ma , the pet store still around means steady la ! 

So Ai Zai , steady a bit , don't worry , worst come to worst , the counter price never go up dividend yield steady steady win the big 3 liao , (Your Red junk ship , your Red rose with a white x one , then the red fence ) wah , all red hor... confirm won't harm people :p


Price/Book Value is a bit higher than SoilBuild at 1.23 , still ok la.

Growth potential is there ,still got more properties for it to acquire la on the market , skarli you see tomorrow some building on orchard got acquired hahahahah!

Period to watch : First two weeks of Jan 2015 , see if they got choot pattern or not !






2) SOILBUILD Business Space REIT 

I really have no idea what to write for Soilbuild Biz Space REIT , except it is a slow and steady horse           , looks a-ok on paper as it key tenants looks to be in business for the next 3 years at least ,                                                     **LOOK OUT for Third Party Acquisitions lo**
                                       Look at the key tenants in its properties , look closely :p



Key Figures:

Current Price : SGD 0.790 / share 

My expected price by 3Q 2015 : 
SGD 1.05 / Share 
(Absurd target , i know -.-)

Div Yield : 7.8% Swee ah!

I mean i like diversified counters la , so this Soilbuild fulfill that , commercial use but got different different pattern of tenants hehe :) 好吃啊!

The reason why i like this REIT is because it is YOUNG , YOUNG REIT wanna expand one , so the management's eyes and ears open big big one , next year can see if any land parcel kenna ambeh by them , then huat lo !

Plus you see the anchor tenants la , don't need to say too much , you look at fusionopolis one can liao, steady rite? 


Price/Book Value i also quite like , 0.9848 , not 1 yet , so got hope !

Period to watch : First Week of FEB 2015 !




So this post wasn't that boring after all right? There are 1001 blogs out there and tons of information out there for you to look at but ultimately , go with your GUT feel , because as an investor , you really need to know what you are paying for la , for traders , DYODD lor , my posts tend not to chunk data and figures and charts one , if you're interested in that , you can refer to google finance . 






Till next time , cheers.

Ken






Pics from google , Info from Bloomberg , SGX and Google Finance , analysis/nonsense commentary from me la

Disclaimer:


The views expressed in this Blog should not be used as financial advice. Accuracy of information in page cannot be guaranteed .

Readers need to do their own diligence.

I bear no undertaking in the information provided and for any losses incurred directly or indirectly based on the views expressed in the Blog.



















2015 5 SGX Stock Picks ! (Kenna 4D or lose Toto not my fault leh)

After a hot and steamy session of tea (what were you thinking of there?)

Small kid Ken is back with my picks for 2015 's SGX counters albeit some of the counters here i might not be able to afford :P

Small kid will also do a bit of a short analysis on why i picked these counters out of the many many in sgx .

So here goes!


1) Haw Par Corp 

(Cause i watched the moodiacork drama and found that the $$ is here )

Got $$ to park in the bank? Park it here instead .

Current price : 8.53 SGD / Share

Div Yield : 2.3% (Still better than your FD :P )

Enterprise Value to Debt Value:  

SGD 1267.6M VS SGD 43.4M -.- 
(Yea , check it out , don't know if i'll even have that amount in the bank in 100yrs)
No la , it is because , who doesn't know this god-like remedy for aches? I mean seriously la , rain or shine someone somewhere in this world is aching ma , so they will definitely need this !

This is for those finance peeps out there , look at the amount of $$ the company is sitting around with! Close to 643M leh! 

               **** I personally like this counter as it is a 包到完 / Bao Gao Liao counter **** 

Which counter has all of the following in one? Underwater world leh, property (already built on land one) , big pharma , investments , LAND (in Singapore, land is king man) . Diversified interests is what draws in the revenue la! The late Mr Aw Boon Haw , was known for his kind heart and also for diversifying his income stream :)  




2) G.K. Goh Holdings Ltd


Current Price : 0.895 SGD / Share
( can makan a bit if it goes lower, if not DYODD)

Div Yield : 4.44% (sure won't die one la) -.- 

** Enterprise value to Debt**  000000 to 184.3M 
                              Impt to note 




This one is definitely not because i like the surname arh ! Look at the top 5 shareholders .... (should give u an idea liao lar , no need elaborate so much ) 

I'm not fazed by the recent 300k loss , no kick to them one lar , next year will be a huat huat year , cause win or lose , u also need their services ma ! Oh yah , btw they also have a stake in boardroom & the SILVER INDUSTRY (i'm studying about the potential of the silver market ma , so should include it here :p ) 

The silver wave is expected to be the next big thing :)


3) ABR Holdings Limited 

Current price: 0.735 SGD / Share

Div Yield : 4.08% (still bway bai la) 

Enterprise Value to Debt : SGD 71.9M to 0.3M 




Your friend's birthday party confirm got one year at least held at this " casual dining outlet " right?
That's rite , ABR is the operator of Swensens in SG! :) Plus they have a lot of foods on their plate too including ice cream (pun intended) . So who wants free swensens vouchers for the AGM? Keechiu!




4) Sheng Siong 
(yar , the x1000 times reward company)
See , even the logo says that they will work hard for you! =)


Current price: 0.690 SGD / Share


Div yield :    4.202% (SWEE)

Enterprise Value to Debt : SGD 858.7M to 0M 

It's easy to see why i like this former pig farm boss turned supermarket giant (pun intended) , i got one within 10mins walking distance, fat kid like me walk slower la , one area to note would be the greater china expansions la , but other than that , HUAT ARH! Oh yah , not forgetting he got where the other former swine boss didn't get to go lor (Prime supermarket if you guys are wondering :p ) , SGX MAINBOARD! 


See , not too boring rite , so far so good?




5) JASON Holdings Limited 


Current price: 0.525 SGD / Share

Div Yield : 0 % (Small cap counter la , pang zui la)

Enterprise Value to Debt : SGD 134.3M to 24.2M 
* Net Profit a bit thin arh , so pls note

I have a soft spot for boss man Jason Sim Aka Sim Chon Ang la, what can i say , True Blue Singaporean entrepreneur ? His "highest highest helicopter , as he coins it , is an ITE education" but this fella here SURVIVED the 08 Crisis , where many many others have failed thanks to his determination and his "thick face" hahaha , so  if Bossman is there, can hold if not , jump ship till it is safe to come back . My own views la , obviously -.-  , need to see if the construction / building development market is good or not because they supply timber afterall la .









All right, that is it. Till another time , cheers!

Ken


Disclaimer:


The views expressed in this Blog should not be used as financial advice. Accuracy of information in page cannot be guaranteed .

Readers need to do their own diligence.

I bear no undertaking in the information provided and for any losses incurred directly or indirectly based on the views expressed in the Blog.


Pics frm google and the other info frm SGX and the wonderful google and yahoo finance :)











Monday, December 15, 2014

Just a simple note

Hi There



   Lazy Ken is back again :) Have been busy with exams, business plans and matters coming into a giant snowball , now that the ice has melted , time for me to swim lor! BTW a strange idea popped into my mind the other day , don't think i'll do it though, this blog is just for entertainment purposes , don;t think i'll commercialize it :p  I'll just keep it as a small kid talking rubbish about the world of finance :) Hehe








Till next time

K

Wednesday, December 3, 2014

Future of local football ^ ^

Hi Peeps



  Boring Ken is back again , just wanted to share some exp on a ride i had in a cab earlier. I met with a u12 coach (Soccer) and we started chatting, he told me about some of the challenges faced with the local sporting arena (eg. not enuf exposure to new media etc.) and i got interested , i mean , i'm a Singaporean and we aren't quitters, we're doers ! I told him i'll figure out a path where by his magazine can be published, with his football academy in the making... Wish myself success (fingers crossed) will be talking to a web designer friend of mine later!





Regards
K






Ps. if you're bored, can go and like my FB page KG Bullion Pte Ltd? [got regular updates on Precious Metals, financial markets too :) ]