Showing posts from May, 2015

My Views on Singapore O&G Ltd IPO

Do you know about the Singapore O&G Ltd IPO?  If not, you can read it on the following links that I found and read: The Moltey Fool - 5 Things You Should Know About Singapore O&G Ltd Upcoming IPO A Path to Forever Financial Freedom -  Singapore O&G Ltd IPO - Thoughts Singapore IPOs - Singapore O&G Ltd As well as, on forum threads like  Valuebuddies  and Hardware Zone . After reading these posts, you should have an idea of what this Singapore O&G Ltd IPO is about. I will not be talking about all the facts stated in the blogs above as it will be repetitive. I will just be talking about my own views of this listing and my action. I have heard concerns such as "Why do they want to list it if its so good?", "CEO only holds 4%" and "Dependable on the doctors", but I will still be BIDDING for this company because of: (1) I believe this listing of the company is an exit strategy for the doctors. Imagine you are a

Lets Talk about Telcos, AIIB & ICT Tenders, Investment Thoughts...

Telcos: M1, Starhub, Singtel (Part 2) You can read about Part 1 here which I wrote on 24 May 2015. However, things didn't go that well for me. I had itchy hands and got myself some lots of Singtel (@4.220) and Starhub (@4.05) on 25 May 2015 as I felt the drastic drop is enough. Never did I expect Telcos to continue to drop and so drastically. My over-confidence in my view blinded my vision and now my portfolio is "Telcos" heavy (I already had some M1 very long time ago). However, I came across an article  by Assi AK. In my opinion, it tell us to question our initial actions and if the investment will still do its job. So why did I enter into these 2 trades (Starhub & Singtel)? 1. For Dividends. 2. Blue Chips Stable company in view of recurring income. 3. Current Drop is due to 4th Telco News and maybe the "Big Boys" selling their shares. With the above reasons, I believe Telcos stocks are still good to hold. I bought them for the long term a

Lets Talk about Telcos, AIIB, Japan Investment...

Telcos: M1, Starhub, Singtel Over the last week (18 to 24 May 2015), the 3 local Telco prices dropped drastically. One of my friend was asking if he should pick up some of M1 stocks that time. I told him -  M1 has been a local company all along (only serving the customer in SG). Therefore, with the 4th Telco coming in, it is very bad being a local player serving mainly HP and Fibre Boardband customers.  In addition, M1 holds little cash (Similar to Starhub) and their high dividend yield is mainly feasible due to the recurring business. Despite being the first company serving the Fibre Broadband market, I believe Singtel is catching up. Thus, M1 recently announced an investment in Oman. This middle east market to me is unproven. Unlike UAE, Oman is not as developed (Correct me if I am wrong). In view of the above, the market may have react too by the selldown of the stocks. However, in my opinion, this sell down is too drastic as many facts are still unproven. Di

Macquarie International Infrastructure Fund (MIIF)

Macquarie International Infrastructure Fund (MIIF) recently announced on 15 May 2015 they will be delisted at 0.0825 per share. As per Business Times , "... The total proceeds to be distributed to shareholders following the proposed divestment are expected to be approximately 8.25 Singapore cents per share..." This is rather sad news for me as I got some of MIIF at $0.085 on 11 May 2015. My argument at that point is 1. Sellers only need to sell an EXPRESSWAY. It is not a factory or machines or product but an expressway that definitely people must use daily. Not much maintenance is required. It is not very hard to sell it unless the China Govt is in the way. 2. RMB is rising upwards. Buyers stand to gain! 3. Macq office only owns 11% at most 15%, if they sell at a price too low, other shareholders can reject to the proposal. 4. More possible gain scenarios that loss situations. Anyway, what is done cannnot be undone. Lesson learnt: Do not get a stock that is

Enlarge Your Pie

Recently while using the SGX's Stockfacts, I just realised there are actually film productions companies listed in it. There is one that caught my eyes - mm2 Asia Ltd (Another is Alibaba Pictures Group Limited - but it's a China related HK company. So it's out.) As per SGX, "mm2 Asia Ltd. produces movies and TV/online content in Singapore, Malaysia, Hong Kong, Taiwan, and the People’s Republic of China. It also distributes third party movies. The company was founded in 2008 and is headquartered in Singapore." Due to its role as a production house for "Ah Boys to Men 3" and a LKY related film, as well as various news report on the net, mm2 Asia Ltd has almost doubled it's IPO price. However, I feel that this rise in share price is due to recent hype. The reason being movie productions is a trial and error business. You never know when your next film is a box office or a flop. Not any movie is an "Avenagers" or "Ah Bo