Category: Uncategorized

I initiated a position in Dairy Farm International a couple months back which I have written here. Today, I added to the position further by accumulating them at a price of $5.83 and then $5.79. The overall investment thesis remains the same as what I’ve written before and valuations remain more compelling in terms of…

It’s been quite a while since I last updated developments on SCI. Last, I managed to divest all my holdings at $4.80 before the vicious spiral downwards to where it is today. You can view the previous post here back in April. You might recall that I compiled 5 years of future cashflow into the…

I recently updated Ho Bee Q3 results here for those who are interested in the counter.         Today, they once again made an announcement that they have made their 6th acquisition of prime office building in London. It is a freehold property named Apollo House and Lunar House located at Croydon, London…

I wrote an article some months back about how I was planning to utilize my warchest strategy should the market trend lower. You can view them here. Since then, the market has gone down at one point to less than 2800 and many people were scratching their heads when would be a good time to enter.  …

I am attempting to tabulate the dividend income update on a quarterly basis from now onwards since I think it provides a better visibility comparison year on year. The purpose of doing this is really just about forcing myself to consolidate the amount of dividend income received every quarter because this will ultimately be what…

There is a wave of companies reporting results traditionally in today’s busy market and I’ve got a few results to look at on my hands but let me pick Ho Bee Land for this time round. Ho Bee Land reported a very impressive 3rd quarter net profit increase of 50.3% year on year while YTD…

I am running through the Vicom quarterly results as part of my usual keeping up routine with the company.   You can view the past quarterly results I have covered here.           Vicom results have been pretty much straightforward in the past couple of years. However, there has been a couple…

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. China Merchant Pacific 45,000 0.96 43,200.00 12.0% 2. Vicom 6,000 6.11 36,660.00 11.0% 3. Kingsmen 37,000 0.78 28,860.00 8.0% 4. Accordia Golf Trust 38,000 0.64 24,320.00 8.0% 5. ST Engineering 5,000 3.22 16,100.00 4.0% 6. Stamford Land…

I wrote an analysis previously about the company which you can view here.   We knew that the chances to get them for the public would be massively low and that is because only 2,000,000 shares were offered. Most of them (86,233,000) goes to the placement which was also oversubscribed.   As you can dissect…