tag:blogger.com,1999:blog-7944902213075756335.post4543790636492169836..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): Investing for income and position sizing for peace of mind: Inspired by an exchange of words in Kallang Wave Mall.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger38125tag:blogger.com,1999:blog-7944902213075756335.post-31355006585686011712015-06-11T14:39:26.173+08:002015-06-11T14:39:26.173+08:00Great story AK!
A lot of people don't conside...Great story AK!<br /><br />A lot of people don't consider position sizing. I too, only nibble when I feel that the stock is overvalued. <br /><br />Nice post!Anonymoushttps://www.blogger.com/profile/13000129815314451477noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8727528677531874802015-04-26T13:23:49.353+08:002015-04-26T13:23:49.353+08:00The US$300 million (S$400 million), 225-megawatt p...<i>The US$300 million (S$400 million), 225-megawatt power plant is located in the Myingyan district of the Mandalay division. When it is completed in 2017, "the new facility will help to ease the country’s severe power deficit, which is estimated to be approximately 500 megawatts during peak periods," said Sembcorp.<br /><br />“Sembcorp is well-positioned to cater to Myanmar’s AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28434068190661804792014-12-20T23:23:11.481+08:002014-12-20T23:23:11.481+08:00Hi Jeremy,
I like to keep things simple. My brain...Hi Jeremy,<br /><br />I like to keep things simple. My brain cannot handle anything too complicated. ;p<br /><br />Hope to hear from you again soon. Merry Christmas! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16270625085200468922014-12-20T22:22:32.128+08:002014-12-20T22:22:32.128+08:00Haha cool...best answers are the simplest ones. th...Haha cool...best answers are the simplest ones. thanks AK. have always been reading your blog, it belongs to my daily reading bookmark, just pretty busy and no time to comment. <br /><br />Keep blogging! and Merry Christmas in advance!<br /><br />Cheers!Don_Jeromehttps://www.blogger.com/profile/11172711184173179573noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37566373232473961472014-12-20T20:36:12.982+08:002014-12-20T20:36:12.982+08:00Hi Jeremy,
Hey, long time no hear. :)
Well, ther...Hi Jeremy,<br /><br />Hey, long time no hear. :)<br /><br />Well, there is a very simple reason. I think ST Engineering and SATS have more diversified income streams and, hence, should be safer. I like the fact that the SAF is a good customer of these two companies' too. I have a very simple mind. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19409688697422798752014-12-20T20:03:31.654+08:002014-12-20T20:03:31.654+08:00Hi AK
with your interest in SATS and ST Eng, migh...Hi AK<br /><br />with your interest in SATS and ST Eng, might I ask why you don't seem interested in SIAEC?<br /><br />thanks.Don_Jeromehttps://www.blogger.com/profile/11172711184173179573noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23417844824038970692014-12-17T16:54:47.436+08:002014-12-17T16:54:47.436+08:00Hi jojo,
Always good to have the words of great m...Hi jojo,<br /><br />Always good to have the words of great men to remind us to do what is sensible and to stay the course. Thank you. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34183121340115542622014-12-17T15:29:33.875+08:002014-12-17T15:29:33.875+08:00Hi AK,
"This AK recently like very bad luck.....Hi AK,<br />"This AK recently like very bad luck..."<br /><br />I couldn't stop laughing when I read this line. Anyway, this post brought up a lot of intelligent opinions from readers about O&G and other stocks, which always interest me.<br /><br />Some nuggets ...<br />Warren Buffett : "We will continue to ignore political and economic forecasts, which are an expensive anonhttps://www.blogger.com/profile/14933269878913721933noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37362561372423999042014-12-17T10:49:52.499+08:002014-12-17T10:49:52.499+08:00Hi Felix,
I tend to agree with you that SembCorp ...Hi Felix,<br /><br />I tend to agree with you that SembCorp Industries' stock is undervalued now.<br /><br />However, sentiments are still weak and we see that in the price action. Yes, I know. I am corrupted by some TA knowledge. Bad AK! Bad AK! -.-"<br /><br />I wouldn't go all in at this point or at any point, actually. I am done nibbling at SembCorp Industries for now.<br /><br /AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85050768605589131522014-12-17T10:38:58.883+08:002014-12-17T10:38:58.883+08:00Hi I just when all in on semb corp industries as i...Hi I just when all in on semb corp industries as i really like its utilities business that contributes half its earnings. I value the utilities business at 15 times earnings so a fair value of $3 per share, and we are paying only slighly over a dollar per share for the marine business that contributes 40% of profits, what a steal! I estimate fy14 dividends to be around 15-20 cents , cheers!^_^https://www.blogger.com/profile/18369072100189617179noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55015857124446200002014-12-17T08:23:56.677+08:002014-12-17T08:23:56.677+08:00Hi boonchin,
Thanks for this. It will take me too...Hi boonchin,<br /><br />Thanks for this. It will take me too long to read it in Chinese. So, thanks to Google Translate, I got a close approximation in English:<br /><br />"International oil prices have fallen, the most popular conspiracy theory is United in the Middle East oil exporters to force oil to combat the decline in value of foreign exchange earned by oil exports to Russia, in orderAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11537999646674546052014-12-17T08:19:14.935+08:002014-12-17T08:19:14.935+08:00Hi iwimsasl,
There is nothing magical about those...Hi iwimsasl,<br /><br />There is nothing magical about those numbers. They are just where the 150% Fibo lines are for the stocks. In a downtrend, supports could break more easily. There is also no guarantee that they would be tested. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-10768979188965029072014-12-16T23:25:15.374+08:002014-12-16T23:25:15.374+08:00AK71,
Wah u can give a precise no. like 3.06, 2.6...AK71,<br /><br />Wah u can give a precise no. like 3.06, 2.63 - Pei Fu.<br /><br />I am too lazy for details, thus can only aga a range. Besides, who can say he is 'zhoon' other than Mr Market himself.<br /><br />If STI cannot hold @3k, I'm looking at near term $3.0 - 2.8, $2.7 - 2.5 for STE & SATS respectively to start collecting for long term passive income. Target yield ~5% toiwimsaslhttps://www.blogger.com/profile/10446339986884258399noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15158643800478915632014-12-16T22:56:54.477+08:002014-12-16T22:56:54.477+08:00Hi AK,
Recently read an article written by 曾渊沧博士....Hi AK,<br /><br />Recently read an article written by 曾渊沧博士. I extracted one paragraph particular talked about oil price. Just to share ;)<br /><br /><br />国际石油价格大跌,最盛行的阴谋论是美国联合中东石油出口国逼石油跌价以打击靠石油出口赚取外汇的俄罗斯,以此来制裁俄罗斯在乌克兰的军事行动。也有说美国开采页岩油的技术有了突破,导致页岩油供应大量增加。奥巴马更打破一百年来石油出口禁令,允许石油出口冲击国际石油市场。过去,美国的大战略是先用其他国家的能源,自己地下所储藏的能源不论是石油、煤等等都尽量不开采,留给子孙后代。但是,不知道为什么奥巴马取消了这个禁令。<br /><br />新加坡是世界上最大的石油提炼中心,石油价格大跌,石油提炼boonchin.nghttps://www.blogger.com/profile/13837327834666862796noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27863341666219688032014-12-16T21:48:16.036+08:002014-12-16T21:48:16.036+08:00Hi PH,
It is always good to have a strong convict...Hi PH,<br /><br />It is always good to have a strong conviction and a target price to home in on. I might just join you to get more at $3.50 a share. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54439509101693356122014-12-16T21:45:53.494+08:002014-12-16T21:45:53.494+08:00Hi qook,
In general, my analysis follows the same...Hi qook,<br /><br />In general, my analysis follows the same vein. :)<br /><br />If we believe that oil is no longer required by the world and that alternative forms of energy is going to become dominant, then, we should dump all our O&G stocks. <br /><br />Oil price could go lower and it could wreak more havoc on the prices of O&G stocks in the meantime but I see this as a good AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22614025075199544772014-12-16T21:41:09.626+08:002014-12-16T21:41:09.626+08:00Hi shun,
This is something all investors in S-REI...Hi shun,<br /><br />This is something all investors in S-REITs which have foreign income should be aware of and concerned about.<br /><br />In the beginning, tax exemption on foreign income was to be permanent. Unfortunately, the government went back on the decision and gave an expiration date on this exemption. That date is 31 March 2015.<br /><br />If the exemption is not extended, then, any AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58936280903852513592014-12-16T21:35:41.726+08:002014-12-16T21:35:41.726+08:00Hi Cory,
Intuitively, I feel that $4 should be a ...Hi Cory,<br /><br />Intuitively, I feel that $4 should be a strong support. With the CMI forming higher lows, I have the feeling that negative momentum could be weakening.<br /><br />At $4.00 a share, based on my estimate of an EPS of 40c, we are looking at a PE ratio of 10x. Given a more normalised range of 11+x to 13+x, I can say that the stock is now undervalued. If $4.00 does not hold and if AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59917633573000151342014-12-16T21:28:50.046+08:002014-12-16T21:28:50.046+08:00Ak,
As SCI counter is still overvalue, Debt+ $4.5...Ak,<br /><br />As SCI counter is still overvalue, Debt+ $4.5 Billions, Cash = S2.2 billions, PE less than 10. I think $ 3.50 will be safer entry point. Now be patient to wait for Mr market to head south further....<br /><br />PHAnonymoushttps://www.blogger.com/profile/01697070498616198396noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38448595407814604162014-12-16T21:21:21.592+08:002014-12-16T21:21:21.592+08:00Hi AK, I have no analysis of SCI except the belief...Hi AK, I have no analysis of SCI except the belief that oil will always be needed. I worked in the O&G sector during the time when oil ran up from $50-60 to $150, then crashed to $30s, then back up to $100s, and then now. All in the span of less than a decade. I am slowly nibbling on stocks related to O&G including some overseas counters which I have held for a long time and give good qookhttps://www.blogger.com/profile/16589715121656455558noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4256506070448157342014-12-16T21:06:58.706+08:002014-12-16T21:06:58.706+08:00Hi, AK,
Need your input on this:
Not very sure on ...Hi, AK,<br />Need your input on this:<br />Not very sure on this, but it seems our govt is planning to tax (or increase the tax rate?) the income of foreign properties held by locally listed Reits, whereas currently, the income from these foreign properties are exempted from taxes. Appreciate ur views on whether this is true and the estimated impact on the profits & DPS of MGCCT & Croesusshunhttps://www.blogger.com/profile/10400231181932504385noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42989687835610199472014-12-16T20:55:40.586+08:002014-12-16T20:55:40.586+08:00SBI $4 is a resistance stronger than Keppel $8 i f...SBI $4 is a resistance stronger than Keppel $8 i feel. Anyway when STI was breaking "New high" when oil related stocks are down significantly i did feel weird. Now most of the others started to be on x'mas sale as well. And this tell the STI story. Talking about market manipulation, i will bet investment house structured that.<br /><br />Anyway your nibble is literally a nip ! But Coryhttps://www.blogger.com/profile/18166646368324976318noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41564453116115383512014-12-16T19:42:50.520+08:002014-12-16T19:42:50.520+08:00Hi iwimsasl,
I have an idea that crude oil price ...Hi iwimsasl,<br /><br />I have an idea that crude oil price is being manipulated and although it could go much lower to around US$50 a barrel like you said, I don't think such a low price would last very long.<br /><br />Having said that, waiting for more clarity before investing in SCI is not a bad idea.<br /><br />Simplistically, if I thought that $5.04 was a fair entry price for SCI and ifAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41270686213949285352014-12-16T19:26:42.826+08:002014-12-16T19:26:42.826+08:00Hi qook,
Please feel free to share your analysis ...Hi qook,<br /><br />Please feel free to share your analysis of SCI with us here. I could have overlooked stuff in my own analysis. So, I will be happy to hear from you and other readers. :)<br /><br />As for the ladies in question, there is a good reason why I have included related post number 5 at the end of this blog post. It was inspired by something legendary investor, Peter Lynch, said AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20343536639062467132014-12-16T19:23:04.616+08:002014-12-16T19:23:04.616+08:00Hi imdna,
I think you must be the 10th reader to ...Hi imdna,<br /><br />I think you must be the 10th reader to ask me this. LOL. ;)<br /><br />Well, they are conglomerates. Their common area of business is in O&G. That is why they are being sold down by Mr. Market because oil prices have been dropping.<br /><br />The other significant business arm for Keppel Corp is real estate. The other significant business arm for Sembawang Corp is AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com