tag:blogger.com,1999:blog-64666438637015621612024-11-01T17:14:07.459+08:00Common sense investingAlenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.comBlogger248125tag:blogger.com,1999:blog-6466643863701562161.post-36378452498005486632011-09-11T16:15:00.000+08:002011-09-11T16:15:00.162+08:00

It has been a while since I last wrote something. The financial market is hit by double worry, Euro debt problem plus slowing down US economy. I guess it will be a while for the market to sort out the direction. Therefore, I have took the pain to cash out on some of the holdings on loss. In hope that to avoid the volatility and able to buy it back at lower level. Chance for market to go down

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com1tag:blogger.com,1999:blog-6466643863701562161.post-80400169070798660332011-08-06T14:55:00.000+08:002011-08-06T14:55:40.061+08:00

Latest news, S&P downgraded US rating to AA+, one level down from AAA. It is going to unsettle the market for next week. Expect more downside for the stock market. The good part is I didn't really buy a lot these few months, waiting for more opportunity. After the US debt ceiling soap opera, the purpose of S&P to downgrade US rating is puzzling. What is the difference compare now vs

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-73058162015850910032011-08-01T22:18:00.000+08:002011-08-01T22:18:26.735+08:00

Today, one of the stock in my portfolio - C&O Pharm announced the general offer by Shionogi & Co. This shows that although the market has so far ignored the good china company, there are people recognise the value. First, it was Hsu Fu Chi, offer by Nestle. Now, it is Shionogi & Co offer for C&O Pharm. Number of good companies reducing. Hsu Fu Chi has a good brand name, wide

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-60143140603023179832011-03-15T22:22:00.000+08:002011-03-15T22:22:14.125+08:00

Bad things come one after another. Inflation fear, middle east unrest, tsunami and the now nuclear plant blast. The situation is indeed worrying, I do hope it is under control and everybody will be safe. Market selling accelerated. I think it is panic selling, since nobody can predict the consequence of a nuclear melt down. From big to small cap, all stock are under pressure. Any buyer? At least

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com1tag:blogger.com,1999:blog-6466643863701562161.post-57441262646682738052011-03-13T16:26:00.000+08:002011-03-13T16:26:05.091+08:00

Market volatility has returned, starting with middle east and africa unrest, follow by last week Japan earth quake. My portfolio is back in red again. I sold away some of the counters in order to make the portfolio more concentrated. I also kind of realised that small cap, although offer potential great return, also comes with great amount of risk. Longcheer The buy decision originated with a

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-16002543308105776122011-03-01T22:27:00.000+08:002011-03-01T22:27:31.614+08:00

Every investor has different expectation of the share he/she bought. Ultimately, everyone wants to make money. For big company, to attract investor willing to buy company's share is not difficult. The earning is stable and growing slowly. Some are of course grow faster and has high PE. For smaller company, attracting investor money is more difficult. The business is still going through

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com2tag:blogger.com,1999:blog-6466643863701562161.post-79747900263712482042011-02-01T22:07:00.000+08:002011-02-01T22:07:08.330+08:00

Wish all a Happy Chinese New Year and Golden rabbit year. I hope this year will be good for stock market. After the initial rally, market is having a correction now. There are possible buy if the price is attractive. I may post again on my find and stock bought.

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-42002115330708273912011-01-18T22:35:00.000+08:002011-01-18T22:35:39.371+08:00

For the past one weeks, two brokers initiate coverage on OUE Ltd. The target price given is quite close, around $4.2. The stock was also covered in the edge year end issue. Why the buzz around the company? The draw: - Office rental recovery - Hotel business doing well as more tourist arrive - More initiative to unlock value At this price, the upside is about less than 20%. Not that attractive

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-71152247244968046532011-01-17T21:51:00.000+08:002011-01-17T21:51:21.233+08:00

Few weeks ago, Wilmar announced the plan to go into China property development with Kerry properties and Shangri-la. Wilmar's job will be sourcing the site for development with their connection, the partners will be managing the development. The market reacted negatively on the deal. The logic is simple. Why diversify into something that is new and unproven? Furthermore, China property sector is

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-31323690960780732202011-01-14T23:19:00.000+08:002011-01-14T23:19:07.652+08:00

Longcheer is a handset design company which has customer in China, India and other emerging market. I bought into the company share after being highlighted by Lim & Tan. The company is paying good dividend, having sufficient good return on equity, low valuation and business is doing well. Later on, DBS Vickers also recommended the stock. Although it is a tech stock I will usually avoid, I

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-40043206353687696332011-01-02T15:24:00.000+08:002011-01-02T15:24:42.022+08:00

Recently, I have started to read more about Hong Kong market and stock. Being a bull in China, there are not many choices on SGX. Among the few s-chips that SGX have, not many are market leader in China. In contrary, there are many good China companies listed in Hong Kong. Those that can offer superior growth of 20% per year and having ROE of more than 20% can be more easily found on Hong Kong

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-69633129421378434282011-01-02T14:39:00.000+08:002011-01-02T14:39:15.674+08:00

2010 was a busy year for me. The project work and constant OT took most of my time. However, I still manage to squeeze out sometime for investing. 2007-2008 Since the sub prime crisis, the global economy has gradually recovered. The pace of US recovery is still pretty slow and China has taken a bigger role in supporting global growth. When I think of my investment performance for 2007 to 2008,

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com2tag:blogger.com,1999:blog-6466643863701562161.post-28126414272841663662010-12-07T22:00:00.000+08:002010-12-07T22:00:31.287+08:00

China Animal rallied 9% today. The powerful rally could be due to the news that the company is looking at increasing work force and M&A next year. The other reason could be the coming HK listing. I have high hope on China Animal. If things turn out to be what analysts have predicted, the earning growth could continue and share price heading north. Invest in small cap is about taking position

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-31641083893098751672010-11-20T15:42:00.000+08:002010-11-20T15:42:37.074+08:00

This is a lazy afternoon, sitting in front of the computer, just want to let my mind be empty. However, read some blog entries, this trigger me to write something. The market remain uncertain as the economy data is not so rosy. In view of US QE2 measure and the general comment I read every where, I am confident next year will be a good year for stock. I suspect more hot money will flow to Asia

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-425973078308103072010-11-07T20:12:00.000+08:002010-11-07T20:12:36.812+08:00

Eratat has just released the Q2 result. A quick scan on the financial statement: For 6 months result, Gross profit +3.3% Because of reduced in expenses, Operating profit increased 23.4% Trade receivable is quite high at 347,747 because of lengthen credit term Current liabilities 130,968 Cash and bank balance 131,936 Margin improvement +2.8% for 6 months Operating cash flow at 99,189 But because

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-3587720594797295612010-10-24T17:21:00.000+08:002010-10-24T17:21:40.196+08:00

My random thoughts for this weekend ADR ADR has finally began trading. Some market watchers said the volume is disappointing. Every journey starts with first step right? I think it is a good move. Slowly more will be buying and selling the ADR, SGX stands to gain and also investor stand to gain from saving the custody fee. My favourite will be two - China Mobile and Ctrip.com. I am not sure

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com1tag:blogger.com,1999:blog-6466643863701562161.post-86592971794796279922010-10-20T22:22:00.000+08:002010-10-20T22:22:52.621+08:00

Healthway was in my watch list after it attracted the market attention that Peter Lim has became the major share holder. However, I didn't buy into the company since the valuation is quite high. Basically, the story sounds good but the numbers not delivered yet. To my surprise yesterday, Peter Lim has pared down his stake in the company. Clearly, the stock is now in down trend because the

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-7956471416321326452010-10-15T22:38:00.000+08:002010-10-15T22:38:38.145+08:00

For the past few months, Wilmar has underperformed the general market. It is one of the stock that under my watch list. I seldom have big cap stock in the watch list, primary reason is the slower growth it provides. However, after some brief study on Wilmar, I am interested in investing in the company. It has few draws: - Market leader in China cooking oil - Diversifying into flour and rice -

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com1tag:blogger.com,1999:blog-6466643863701562161.post-8037288612678024812010-10-13T22:24:00.000+08:002010-10-13T22:24:42.826+08:00

Despite the worries, I observed that market is slowly climbing up. Another leg of bull run might be on the card. When market discounted all the bad news, next is for some good news to take the market forward. I remain optimistic about the prospect. We are definitely out of the bottom and not going into the double dip. US recovery will take time, gradually and painfully. We still have China to

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-47121197116854744182010-10-03T00:38:00.000+08:002010-10-03T00:38:32.548+08:00

September has gone by. The expected dip didn't happen, most of the stock go up instead of go down. The focus was still on small cap, and likely remain so in October. Will be see a correction in October? Maybe, just my guess. On the individual stock front, I bought Eratat Lifestyle based on following observation: - Stock price has recovered and unlikely to go down again looking at the trend -

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-81276514432503140282010-09-26T21:14:00.000+08:002010-09-26T21:14:45.915+08:00

My first investment in China sport sector was through China Hongxing which disappoint me very much. Obviously, after Olympic, there is excess capacity and cut throat competition which squeeze every player. In a very competitive environment, it is better to buy the leader than those playing catch up. Recently, Eratat Lifestyle has been making headline. Being mentioned by media and analyst, I

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com2tag:blogger.com,1999:blog-6466643863701562161.post-87538379819550650172010-09-21T23:42:00.000+08:002010-09-21T23:42:55.429+08:00

Today Soilbuild announced a delisting offer by major shareholder at 0.80. For the past few trading session, I noticed a sudden surge on share price. This proves again market know what is going to happen next. Maybe those familiar with the deal have already buy in advance. One less good stock to buy. It is in my watch list, waiting for a lower entry point. The company average ROE more than 20%

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-23266737801491121062010-09-19T14:35:00.000+08:002010-09-19T14:35:04.284+08:00

The past few months haven't been easy on me, I was very busy with work. It will be even so in the coming months. However, this didn't stop me from reading and thinking about investment. I guess I was too obssesed in finding good company. Nevertheless, the stock hunt is coming to the end as I have a list of stock that I am interested and following. The big news last week is about ADR trading on

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-88490641059299521162010-09-18T21:00:00.000+08:002010-09-18T21:00:51.749+08:00

The primary reason for people wanting to trade stock is to buy low sell high. So, they can earn the price difference. Market is driven by greed and fear. Many people made wrong decision because of emotional factor, which causes them to sell low and buy high. Buying stock is different from buying things from supermarket. In supermarket, everyone has a benchmark on the value of goods, you will buy

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0tag:blogger.com,1999:blog-6466643863701562161.post-91643175205575929672010-09-06T23:11:00.000+08:002010-09-06T23:11:48.781+08:00

Last Friday, US release better than expected job data, this cause the worldwide market to soar. I think economy is a complex system where nobody has exact idea on where it will head to. Sometime analyst or economist is right, sometime is wrong. Market has been bearish for quite sometime and this could be the exercise for a relief rally. After that, the fear will set in, the invisible hand will

Alenhttp://www.blogger.com/profile/02419255234988878106noreply@blogger.com0