My Knowledge Bank

Thomson Medical Centre Limited

2010-11-01T15:21:00.001+08:00

Bought some shares of Thomson Medical Centre Limited last year when the price was in the 60-70 cents region. Sold all of them last month and was quite happy with the good gain. The stock price surged over 60% today because Peter Lim bought 39.34% of company from the largest shareholder in a married deal last week and triggered a mandatory conditional offer at $1.75. Oh well!

CIMB Report on Elec & Eltek - September 2010

2010-09-21T15:03:00.000+08:00

I continue to like E&E. The Company has been reporting record high quarterly net profit since the recovery from the global economic crisis. As a shareholder, I am happy with the generous dividend that the company consistently pays out and the fact that major shareholder has been buying the Company share in the open market whenever the price dip. Here's an except from the latest report from CIMB

US Market Recovery - Retail, Luxury

2010-07-26T09:56:00.001+08:00

"U.S. retail sales are growing at the fastest pace in four years, driven by an 8 percent jump at luxury chains this year, the International Council of Shopping Centers said on July 7." -- Bloomberg (23 July 2010).

NTA Approach of Valuing a Company

2010-01-13T16:26:00.000+08:00

The NTA (Net Tangible Asset) approach of valuing a company or business is based on the aggregate value of all the assets of te company in their existing condition, after deducting the sum of all liabilities and intangible assets. It is meaningful as it shows the extent to which the value of each share is backed by tangible assets and would be relevant in the event that the company decides to

2009 Singapore IPOs Report Card

2010-01-04T16:03:00.001+08:00

Here's a list of IPOs listed on the SGX Mainboard & Catalist in 2009. Quite wide range of variability in their stock price performance as at end of year. Company Names IPO Date IPO Price Price as of 31 Dec 09 + / - Westminister 22 Jan 09 $0.240 $0.120 - 50% Japan Foods 19 Feb 09 $0.200 $0.230 + 15% Teho 2 Jun 09 $0.240 $0.230 - 4% Heatec Jietong 2 Jul 09 $0.280 $0.315 + 13% JLJ 9 Jul 09

Wishing You a Happy & Prosperous New Year!

2009-12-30T22:57:00.000+08:00

To all readers of this blog, Here's wishing you a fulfilling new year ahead and every success for your investment and finances. Happy New Year 2010 card by BluePlanet

What is Personal Strategic Planning?

2009-12-23T23:45:00.001+08:00

We all know what is Personal Financial Planning but have you heard of Personal Strategic Planning? No, it's not another fanciful name coined by the insurance industry for marketing purpose. Personal strategic planning is a disciplined thought process, which produces fundamental decisions and actions that shape and guide who you are, where you are going, what you do, and how, when and why you do

Interest Earned in Oct - Time Deposit vs. Money Market Fund

2009-11-26T11:47:00.001+08:00

Putting cash in the bank erodes wealth. However, I have a good portion of my cash in bank because I foresee liquidity needs in near term. Anyway, here's a little emprical observation about money placed in Maybank time deposit vs. money in MMF with Phillip Capital over the last 3 months: 3 months time deposit of $10,000 placed in Maybank at the rate of 0.5%. Interest = $12.50 According to

Buying a Used Car in Singapore? - Do Your Maths

2009-11-14T13:04:00.010+08:00

(This is a sponsored blog post)According to "The Millionaire Next Door" by Thomas Stanley and William Danko, half of the millionaires in the US buy used cars. Can I afford to buy a used car Singapore? Say, a used Chery QQ? Correct me if I am wrong, from what I know, Chery QQ is the cheapest car to own in Singapore.A quick research on ST701 Cars, a reputable classified website for Singapore used

Investing in Small Caps: A Buy Side Perspective

2009-10-19T11:53:00.005+08:00

SGX is launching its new research scheme for listed companies in Singapore - SERI (SGX Equities Research Insights), on 20 October 2009. This scheme replaces the old research scheme. I attended SGX's SERI Pre-launch Luncheon Seminar, "Target Institutional Investors", on 14 October 2009. Here's my main take-away:Investing in Small Caps: A Buy Side Perspectiveby Mr. Christopher Wong, Investment

How to Become a Millionaire by Investing - 5 Investment Strategies of Warren Buffett

2009-09-24T18:33:00.002+08:00

Here's another article from EzineArticles by the same person:= = = = =How to Become a Millionaire by Investing - 5 Investment Strategies of Warren BuffettBy Darl FuwongStock investment is one of the fastest ways to become a millionaire. Warren Buffett is a good example of a billion-dollar investor. To be a successful investor like Warren Buffet, you have to first understand his beliefs towards

How to Be a Self-Made Millionaire - 3 Important Steps That All Wealth and Abundance Creators Follow

2009-09-20T11:17:00.003+08:00

Here's an article from EzineArticles:= = = = =How to Be a Self-Made Millionaire - 3 Important Steps That All Wealth and Abundance Creators FollowBy Darl FuwongBefore you read this article, let me ask you: Why do you want to be a self-made millionaire?Are you feeling fed up and unappreciated at work? Is your demanding job depriving you of the time you wish to spend with your loved ones? Or do you

You Have Only 100 Days to Achieve Your Goals By 2009

2009-09-14T13:44:00.009+08:00

Have you set your goals at the begining of the year? It is September 2009 now. 8 months has passed. We have approximately 100 days left. Did you...1. achieve your goals and exceed your expectations?2. barely accomplish what you have set to out to achieve?3. fall below your desired outcome?Simply look at the results of your action to date will tell you if you have been successful in achieving the

Selling in a Tough Economy - 10 Characteristics of Super Sales Representatives

2009-08-27T13:18:00.007+08:00

A useful article by Michael Jefferys, President of Seminars On DVD and The Yes! Network, one of America’s leading seminar training companies.= = = = =When the economy goes into a slump, most salespeople follow. They allow the negativity of the media, other sales reps, friends and family members to affect their performance. Yet, in almost every organization, there are always one or two people who

Attempt to Delist E&E Blocked

2009-08-24T10:11:00.006+08:00

Read announcement:JOINT ANNOUNCEMENT - PROPOSED VOLUNTARY DELISTING OF ELEC & ELTEK INTERNATIONAL COMPANY LIMITED - THE SGX-ST’S DECISION ON THE DELISTING PROPOSAL & WITHDRAWAL OF EXIT OFFER If you are too lazy, here's the essence:SGX-ST rejected E&E delisting application because the terms of the offer are neither fair nor reasonable under current market conditions.Thanks to the independent

Baby Step into Internet Marketing - Joining Wealthy Affiliate University

2009-08-19T12:05:00.005+08:00

I haven't updated this blog for a month! For the last two months, I have been actively learning about internet marketing. The online market is huge and there are many success stories around every corner. There is no reason why I should not participate.However, I am not jumping into the bangwagon blindly. As with any investment decision, I spend time doing research and learning about the market,

Invest For Cash Flow

2009-07-17T14:34:00.005+08:00

"Invest for cash flow, and you'll never worry about money. Invest for cash flow, and you will not be wiped out in boom and bust markets. Invest for cash flow, and you'll be a rich man.""But," I began, "it's easier to make more money with capital gains. Real estate prices are skyrocketing. Finding investments that create cash flow is hard.""I know," said rich dad. "Just hear what I am saying.

17 Wealth Files of Millionaire Mind

2009-06-15T11:51:00.005+08:00

According to the book Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker, rich people have very different wealth files (programming) from the poor people. Hence, they have very different thoughts and feelings which leads to different actions and results.The book is simple to read, the writing is straight to the point and offer excellent food for thoughts.Wealth

Proposed Voluntary Delisting of E&E

2009-05-28T15:51:00.004+08:00

E&E's parent company, Kingboard Chemical Holdings Limited (Kingboard), is seeking to privatise E&E for US$63.3million.It will offer shareholders of E&E cash of US$1.20 per share or 0.45 new Kingboard shares at an issue price of HK$20.50 each. Shareholders can also choose to receive a combination of both.For example, if you own 1 lot of E&E shares, you can choose to receive:(1) US$1,200 in cashor

Temasek-Linked Companies

2009-05-18T16:45:00.009+08:00

Sources:"Who will do a rights issue next" by Goola Warden from The Edge, dated March 16,2009 and Bloomberg.com

What to Expect of the Smaller Companies in the Next 2 Quarters?

2009-05-12T15:29:00.006+08:00

One of the reports in Money section of The Straits Times (12 May 2009) says "Profit results put smile back on analysts' faces". The article talks about better-than-expected results from blue chips companies.I think most of the small companies, especially those in the manufacturing sector, may see business bottomed in Q1 2009. Although many will hand-in dismal results during this reporting season

Why Develop My Own System? Isn't it Easier to Just Go Buy A System with Proven Results?

2009-05-06T16:47:00.004+08:00

By Van TharpThere are hundreds, if not thousands, of trading systems that work. But most people, after purchasing a pre-existing system, will not follow the system and trade it exactly as it was intended. Why not? Because the system doesn’t fit them or their style of trading.One of the biggest secrets of successful trading is finding a trading system that fits you. In fact, Jack Schwager, after

Healthcare Stocks - Singapore Companies

2009-04-29T17:49:00.003+08:00

The swine flu seems to have fueled interest in the healthcare-related stocks recently. Some of those usually "quiet" ones saw sudden surge in volume this week.CompaniesPrice as at 29/04/09 (S$)Market Cap (S$ m)P/E (times)AsiaMed0.08026.820.2HMI0.10550.510.4Healthway0.085115.28.0Medtecs0.11047.832.0PacificHC0.09025.3NAParkway1.1901,345.238.6Raffles0.900466.414.8Thomson0.430125.611.2Asiamedic

Strategies for Defensive Investors - Part 2

2009-04-24T17:36:00.005+08:00

This entry is to related my previous post.Table 2: Investment Schedule for Stategies (3) - (8)Table 3 shows the amount of money the investor put into the market every year under different strategies. The figures in red is the amount of money taken out from the market.Figure 2: Return on Investment In Figure 2, "Total Investment" show the cost of the equity portion of each portfolio at the end of

Strategies for Defensive Investors

2009-04-14T10:34:00.022+08:00

Since the end of last year, I told myself I want to be a defensive investor, ie. investing a fixed amount in STI ETF at the end of every month.However, when the market advanced more than 20% from its low of 1,456.95 (9 March 09) in less than a month, I sold 50% of my investment in STI ETF, thinking such rapid advancement in a bear market was likely to be corrected. After my sale, the market did