tag:blogger.com,1999:blog-7705310109640509742026-02-14T16:52:58.947+08:00To SGD 700,000 in stock investment by 55.Unknownnoreply@blogger.comBlogger523125tag:blogger.com,1999:blog-770531010964050974.post-36662750864377032332019-08-17T08:58:00.001+08:002019-08-17T08:58:28.900+08:00

I am a like broken clock. I am right only only 2 times a day. I am calling the recent poor market a correction. This is because there was a correction from April 2018 to October 2018, a bear cub. The way ahead until 2020 should see more gains than losses. Once we enter 2020, I expect more downside and I believe portfolios should move to cash heavy allocations. Current holdings DBS Colex Delfi

Unknownnoreply@blogger.com10tag:blogger.com,1999:blog-770531010964050974.post-87503635237145984442019-07-27T09:33:00.003+08:002019-07-27T09:33:51.980+08:00

Videos have been circulating showing mature people of at least 54 years forming long queues at Huawei stores across Singapore on Friday. They wanted to get their hands of one of the sets that usually retails for $200, at $54. This was part of Huawei's marketing campaign for the period leading up to Singapore's National Day. Predictably, supplies were short and those who queued for long hours were

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-13632432581580180632019-07-20T14:47:00.001+08:002019-07-20T14:47:03.514+08:00

If you bought an expensive watch thinking that it is a great investment, you probably have been duped. This is because not all watches can appreciate in price. Rolex is probably the only brand that has consistently appreciated in price over the past five years and can appreciate over the next five years. This is because of the brand has been great at marketing, stimulating demand for its watches.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-61931399105117442572019-07-11T11:29:00.000+08:002019-07-11T11:29:17.084+08:00

I plan to offload DBS by September or October this year. This is also the plan for the rest of my portfolio. My thinking is that any upside for 2019 will be limited, and we should go into cash for 2020. This is the 3rd year of Trump's presidency and stocks tend to perform well. Going into year 4, we should be cautious as the most important country in the stock market, elects its new leader. 

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-66719807975205221482019-07-04T18:23:00.002+08:002019-07-04T18:23:53.888+08:00

At the end of 4 July 2019, the portfolio is 79% Singapore shares Delfi DBS Colex Hong Leong Finance 21% cash Onwards and upwards.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-20722341704970514532019-07-04T14:11:00.000+08:002019-07-04T14:11:37.720+08:00

In the foot steps of most fund managers, I have decided to close my old portfolio and start tracking the portfolio as if it is new. I will compare my stock performance with the STI as of 4 July 2019. Currently my portfolio comprises Colex Delfi Hong Leong Finance Cash Will update when necessary.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-7130767883656180602019-07-03T16:01:00.001+08:002019-07-03T16:01:06.997+08:00

Yesterday, I sold my 7 lots of shares in F&N. After a holding period of 56.6 months, I suffered a 36% loss, mitigated partially by the dividends received during the period. Looking at my portfolio, it now consists of Delfi, Hong Leong Finance and Colex. A quick back of the envelope calculation shows that I am just slightly ahead on my capital. That is, after more than 10 years of investing, I

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-82594984569696735092019-04-17T10:26:00.001+08:002019-04-17T10:26:43.868+08:00

It has been more than 6 months since I last posted and I even lost my adsense account! Now that the dust has settled me (I think) I should be able to start posting on the renovation, the wedding, my watches and hopefully some investments. I have had to use up my cash to pay for the two big ticket items and will need to start saving again to hit my target. Watch this space.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-35277176891961198432018-08-19T10:11:00.001+08:002018-08-19T10:11:34.956+08:00

It is important to disclose my current position in the market before discussing the market. I currently hold on to the following shares in my for-public-sharing portfolio: Colex F&N Delfi (former Petra Foods) Hong Leong Finance There is also about 30k in cash sitting the portfolio following sales. At current market value, the total portfolio is just under water for the first time in

Unknownnoreply@blogger.com8tag:blogger.com,1999:blog-770531010964050974.post-255545032809939852018-08-09T11:36:00.001+08:002018-08-19T09:27:12.140+08:00

The state of the collection is the term for watch lovers to show case their watches. This is similar to the annual portfolio review. Unlike your stocks, watches generally lose value, even if it is a Rolex.  I started 2018 with just 4 watches, two of them gifts and two of them bought in 2016. Two-thirds into the 2018, I have acquired ten more watches. They join the four incumbents on the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-15815579684260377412018-06-12T15:35:00.002+08:002018-06-12T15:35:58.896+08:00

Did a watch strap change for my  Citizen NH8350s. I ordered a crocodile grain and an ostrich grain strap from http://www.holbensfinewatchbands.com/ and the average cost was $40. Here are some before and after photographs from the strap change done a few weeks back. You will need a watch maker tool and I bought mine from Gnomon watches at  Millennia Walk. They some

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-57095647315363046432018-05-26T10:25:00.000+08:002018-05-26T10:25:18.154+08:00

I bought my first Seiko watch on 16 April after much consideration. The desire to buy a watch was driven probably by my need for retail therapy. So many things have not been happening in my life and I guess buying something other than darts helps a bit. It was not helped by the fact I noticed my boss was wearing a Rolex Submariner the day I had a one-on-one session. I previously thought he wore

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-48219995591908195072018-05-26T09:28:00.000+08:002018-05-26T09:28:02.953+08:00

I quite like the young Belgian Dmitri van den Bergh. That he will be pairing with Kim Huybrechts (my other favourite) means that other than Singapore, I will most likely support Belgium. van den Berg almost lost in the finals of the German Darts Masters 2018. The Dream Maker as he is also known, beat MVG and Gary Anderson en route. That is quite the achievement. Anyway, here is a video of van

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-62544560041642656562018-05-25T08:25:00.004+08:002018-05-25T08:25:53.600+08:00

I currently am holding on to Colex, Hong Leong Finance, Delfi and F&N. The latter two are held at a loss. I am pretty much a buy-and-hold kind of investor because trading stocks is too much for me. Given that I am expecting a not so good second half of the year, I am looking to unload my stocks. However, the trading volumes on the above four stocks are so thin. For example, for Delfi, for

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-19148527800794752892018-05-20T16:51:00.002+08:002018-05-20T16:51:33.259+08:00

In my post at the start of the year I said: I expect the market to top in the coming 6 months before we see a correction and a short down trend. While the newspaper headlines suggest that the local economy is doing well, I think these are false indicator. Expect a bumpy ride in the second half of 2018. Since early 2016, there market has been on a non-stop uptrend and pretty much everyone is a

Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-770531010964050974.post-4571690017542607462018-05-13T05:42:00.002+08:002018-05-13T05:42:34.372+08:00

Heaven and earth. I bought this chronograph together with the dress watch. The colours reminded me of Optimus Prime from Transformers. However, almost everyone who has seen me wear this, says it is too loud and tacky. I have been told to stop wearing it if possible. Which is why I wear it on days I have darts league matches at night, my opponents will get distracted and possibly overwhelmed

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-770531010964050974.post-73120871453012006552018-05-13T05:25:00.002+08:002018-05-13T05:25:51.939+08:00

 The Casio Edifice EFB 301JL 7ADR is the first dress watch I bought for myself. I bought the quartz watch in September 2016 along with another watch I will review later. I love the sapphire glass, rose gold casing and bezel. Further research informs me that this version does not have an anti-reflective coating, which would probably cost a bit more on top of the fact it is sapphire.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-41872103932312194972018-05-12T09:32:00.002+08:002018-05-12T09:32:32.666+08:00

This is probably the most expensive gift to me by my girlfriend so far, the Seiko Kinetic Premier SRN039P2, with a retrograde day indicator. The small white hand will move all the way back up from Saturday, when it is Sunday. This is quite a cool complication which I will avoid for my future watches. More complications will also mean long run servicing issues. Nevertheless, it is a lovely dress

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-47930616047394473962018-05-12T09:15:00.000+08:002018-05-12T09:15:06.594+08:00

 These are some of my older watches. On the left were two watches gifted to me. The two on the right were ones I bought myself.  My dad sent this Casio (EF514D 7AVDF EF514D) my girlfriend bought way back in 2007 for servicing. The B button has been stuck inside and I needed to get it out. However, the technician at Casio service centre, which is now at Novena, said it was beyond

Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-770531010964050974.post-84338292034033590572018-05-09T22:15:00.000+08:002018-05-09T22:15:36.754+08:00

In line with my expectation that the market will start to turn bearish, I have sold my shares in Halcyon Agriculture. This is probably the shares I have held the longest - 108 months. However, despite the promise of a big China auto boom, over the 108 months, I have taken a 40.8% loss on the counter. I am currently left with 4 counters, F&N, Delfi, Colex and Hong Leong Finance. I will look

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-58016500345621976942018-01-01T12:40:00.001+08:002018-01-01T12:40:27.001+08:00

The Straits Times Index ended 2017 18% higher than the start of the year. Carrying over the momentum since the US elections, the index surged during 2017 to end 2017 at 3,403. The portfolio declined marginally weighed down heavily by the continued decline in the share price of Delfi as well as the fact I had a good deal of cash on the sidelines. Excluding dividends, my portfolio would have

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-72765500078157600712017-12-17T08:56:00.001+08:002017-12-17T08:56:20.345+08:00

I recently bought some Delfi shares at $1.43. This was the first time since March 2016, that I bought shares. Delfi is one of the few companies that has not risen with the Trump tide.  I did a cursory glance at its financial results. Earnings were declining slightly due to rationalising of its portfolio but I did not think it justified the a least 44% decline year-to-date. Queuing for the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-66902262322425008992017-12-13T08:02:00.000+08:002017-12-13T08:02:09.187+08:00

I have not really been looking at the portfolio, until my friend asked me recently if I have been investing. It was when I realised that her clients that were invested in funds, were up 15%, while I was most likely down. Delfi, has swum against the rising Trump rally by halving in price. I took the opportunity to look at my portfolio, which comprised 6 companies. Now, on 1212, the portfolio

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-91166444597069124002017-11-18T11:24:00.000+08:002017-11-18T11:24:30.785+08:00

Target Phil Taylor Power 9-Five Generation 3 Asia  Target Agora A31 Showtime Koban http://showtimedarts.co.uk/product/koban-soft-tip/ Harrows Plexus Harrows Quantum

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-770531010964050974.post-79189351874298180272017-06-25T09:30:00.001+08:002017-06-25T09:30:53.683+08:00

You can watch European darts that are played over the weekend on Youtube about 2-3 hours they have ended. Aside from watching actual games, there are two interesting and helpful people you can subscribe to on YT. Japanese Guy TV: https://www.youtube.com/user/08uj0045 I am guessing this guy works at for an airline as he travels to the UK and the Netherlands very often, two countries with

Unknownnoreply@blogger.com0