Geo Energy is one of the top leading coal producers which has presence all across Indonesia. What the company does is actively to seek new acquisitions to grow and increase the number of existing coal reserves they have while controlling the production of their coals during periods where coal prices are weak. Recent M&A is…
Author: B
Nov 19 – Portfolio & Networth Update
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Ho Bee Land 300 2.33 700.00 1.00% 2. Warchest 100,000.00 99.00% Total 100,700.00 100% We are 2 months away from closing the year so I thought I’ll update this early. The portfolio…
Why I Think OCBC Q3FY19 Profit Results Are Going To Fall Double-Digit Percentage YoY
UOB announced its Q3 results this morning which gives a big hint of what is to come for the other two banks. The drop in NIM and increase in NPA is worst than expected, and if not for the loan growth segment in the Singapore that helps, it might look like a worsen Q3. OCBC…
We Bought A New Home
After months of intensive research on the residential property sectors, my wife and I have decided to proceed with purchasing our second property here in Singapore. Just yesterday, we’ve submitted the cheque, went to the lawyer and signed everything that we needed to settle. We’ve never previously thought of the idea that we’d be buying…
6 Reasons Why DBS Is Prime For Shorting
DBS is scheduled to be the last bank among the 3 giants to announce its Q3FY19 results on the 11th November 2019. The other two banks will report on 1st Nov (UOB) and 5th Nov (OCBC) respectively. As some of you might know, I have a short-sell position for DBS in my earlier October Portfolio Update…
8 Key Takeaways From SPH FY2019 Results
SPH announced its’ Full Year 2019 earnings this evening after market-hours. Here are some of the key takeaways from the results: 1.) Print & Media Business Disappoints Again Revenue for the traditional media business declined by $78.9m from $655.8m in FY2018 to $576.9m in FY2019, which translates into 12% down year on year. Revenue contribution…
Gathering of Financial Bloggers 2019
It’s been quite a year for 2019 for most of the people I know, especially with my Dad’s situation not too long ago and also Chris’ unfortunate incident with his Dad too. So with almost the end of 2019 fast approaching, we thought why not do a light gathering where we can catch up on things we…
6 Reasons Why I Think DBS’ Report On Singtel Is Overly Bearish
I am writing this in a response to an article from DBS which caught everyone’s attention regarding the likelihood that Singtel may cut its dividend for the first time in 20 years from FY2021 onwards. If you have not read the article, you can read it here. In the article, the analyst drew from the…
My Experience Using Redbrick Mortgage Advisory Service
As part of my property investing series research which I’ve been writing since last month, I am trying to reach out to as many groups of people involved in the end to end chain process of a property purchase. This includes the likes of subject matter experts, agents, mortgage advisors and property portals such as…
Why I’m Joining The SG Active Trading Tournament 2019
It was around this time last year when the SGX Bull Charge Stock Challenge competition was held and I participated in the competition which lasts about 2.5 months. It was heavily contested with more than 136 participants competing for the main prize. I managed to lead the competition for most of the period until the…