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High class ice cream without the high price.

Saturday, June 1, 2013

I have two big weaknesses when it comes to food: chocolates and ice cream. Put the two together and it is a killer combination as far as I am concerned!

Fairprice Express, the supermarket chain found at Esso petrol stations is running a "Buy 1 Get 1 Free" promotion for this particular ice cream:


So, as you might have guessed, I gave in to the triple temptation of chocolate, ice cream and reduced price.

The box has a cute little badge at the bottom left hand corner:


Wah! Environmentally friendly ice cream! Eat with less guilt!

The box opens like a treasure chest. Oooh, that's different:


It is a bit like a Black Forest Cake but without the cake:


After I was done, I took a closer look at the box and found that the ice cream was produced in Germany! Wow! Atas!

Price: $4.90 for two.
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Added on 7 August 2017:
Burp.

Hock Lian Seng: Buying on weakness.

Friday, May 31, 2013

In my last blog post on Hock Lian Seng, I said that we could see its share price moving lower and it has moved lower. 


Do I believe that this is the lowest it could go?





Well, I certainly do not know if the stock price will stop declining although I will say that it could have found support. 

We can see this if we draw a trendline connecting various lows. 

Also, the higher low in the CMF gives us a positive divergence against a declining share price.








More likely than not, there will be a host of positive catalysts for Hock Lian Seng's share price to move higher but investors must be willing to wait. 

While waiting, the company's payment of meaningful dividends to shareholders annually will provide some comfort. 

If the dividend per share should be a more conservative 1.5c, with a share price of 26c, we will have a yield of 5.77%.





The weakness in Hock Lian Seng's share price allows me to buy more with a bigger margin of safety and any further weakness will create more opportunities to accumulate.

Related post:
1. Hock Lian Seng: Dividend of 1.8c per share.
2. Hock Lian Seng: Insider buying.


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