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Showing posts from 2022

Digital Turbine (APPS): A Contrarian Investment During An Inflationary Period

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As you may be aware, I had been contributing to Seeking Alpha . I just submitted another Digital Turbine (APPS) article to Seeking Alpha, less than two months after my first, and it was denied because a quarterly update was preferred or if there were major changes. As a result, because I had already written about it, I chose to put it here instead. I was writing about investing in APPS amid a period of inflation. It wasn't a forced narrative; rather, I did my homework and understood why Digital Turbine might thrive during this inflationary moment. As a result, I hope this article can help you strengthen your resolve during this trying time. Investment Thesis In my previous article , I had already explain that Digital Turbine (APPS) is a capital allocation machine that has a moat on an exponential growth path with numerous catalysts ahead. However, in this article, I will look at Digital Turbine as a extremely favorable investment during times of inflation. This may sound absurd, bu

uSMART, the platform that lets you invest smarter!

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uSMART Securities (Singapore) Pte. Ltd. (“uSMART”) is the latest low-cost online brokerage to arrive on the shores of our sunny island. Headquartered in Hong Kong, and backed by a strong group of shareholders, most notably the Chow Tai Fok group, one of Hong Kong's major conglomerates, uSMART has expanded its presence to Singapore. uSMART possesses a Capital Markets Services License and is an Exempt Financial Adviser supervised by the Monetary Authority of Singapore (MAS). As such, all its activities and your funds within are regulated under strict conditions laid down by MAS. Having used this platform for slightly more than a month, uSMART have differentiated itself from the range of other offerings out there through these 3 main features. They are: A focus on learning content related to investing and trading SMART features Lowest fees (as of 20th April 2022) for trading SGX listed stocks among all brokerages Visually appealing clutter free user interface If you are a first-time

A Follow Up to "No Recession"

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Short post. In my post on having " No Recession ", I mention that "Money is a flowing concept". However, there is an article lately on the drop in NFT Volume  in Mar 22 when compared against Jan 22. There were further information from TheBlockCrypto on the drop in NFT transactions and volume as shown in the graphs below. Graph taken from TheBlockCrypto Website So, since NFT transactions have decreased, does this imply that demand for alternative assets will decrease as well, potentially leading to a crash? Is it possible that a prospective recession is on the list if that's the case? In addition, where has the money gone? I will try to provide my opinions on the questions. 1. Will there be a crash in NFT? I don't think I'll be able to make any predictions in the near future. However, if one believes in the NFT's functionality, there is a good probability that prices will rebound in the future. 2. Will there be a Recession? I stand by what I said in

Do You Feel The Inflation Yet?

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Have you experienced it yet? I'm not referring to reading them in articles. But the sense of it in your pocket and the realization that "I thought I had already made a cash withdrawal this week? Why has it all vanished so quickly? "kind of thought. For me, as a sole breadwinner by choice , I do felt it.  Inflation appears to be spreading throughout the country; even local hawkers have hiked their rates. Fun Toast has also increased the price of their takeaway coffee/tea to S$2.10 That is why I have been thinking about doing much more (If you know me, you will have knew that I am already doing a lot, for hobby and for the tiny bit more cash),  in order to increase my overall earnings every month.  To be clear, I am not having any difficulties. Rather, my motivation for earning more is to ensure that I can maintain my current standard of living. Changing jobs is the most straightforward choice. However, there are many more elements at play than simply having the desire to s

Deep Dive Into 12 Selected AdTech Firms

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In my last article , I had discussed the general outlook of the AdTech sector and deemed it as a booming industry. For this article, I will looked at the financials, ratios and margins of 12 selected AdTech firms.  I will divide it into three sections: revenue, earnings, and free cash flow, and compare their growth rates, ratios, and margins.  Do note the following: All Information are taken from SeekingAlpha and Roic.oi Website. These are the tickers of the AdTech firms listed - GOOG, FB, ROKU, TTD, APP, APPS, MGNI, PERI, PUBM, EVC, TRMR and ATY. Share price of the counters was based on prices as of 29 March 2022. "Pegged" meant that the past results are calculated based on per share basis using the latest outstanding share count. Only GOOG, FB and EVC are not pegged because their outstanding share count has decreased over 3 years. APPS and EVC has another row based on "Adjusted Revenue" . This is because there has been discussion that these 2 companies' reven

Adtech - The Booming Industry

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In the past, I had done a webinar on EV and also wrote about Sports betting as an industry. In my portfolio, Tesla remains the only EV company, while FuboTV being the only company that is still active in the sports betting industry.  Generally 1 do not write articles on a particular sector - because I am not an expert in these industries and I definitely do not want to provide any wrong idea/information about them.  However, my portfolio has been increasing its allocation towards the Adtech Industry.  Image Credit: Martech Advisor Thus, I did more research for my own benefit and here are some of my opinions. Macro Views: 1. Shift from Traditional Advertising to Digital Advertising With the advent of the internet, more smartphone usage, and increased viewing on streaming channels in recent years, there has undoubtedly been a move toward digital advertising. This was more evident after the pandemic, as many of the Adtech companies hit record revenue and profit in FY2021. 2. Time Saver P

No Recession

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The market has already gone upwards, so this post may be a little late. However, I'd like to share some of my ideas on the current economic situation. There was many discussion about recession fears lately, even at my work place. In my opinion, there will be no recession because many firms are still developing or contributing to society in some way. Goods are still in high demand. In addition, if there is a crash, the alternative investment should crashes first - which I have yet to notice. My view is that there is still a lot of money out there, probably staying on the sidelines or "stuck" in investment that may not be as liquid,  such as NFT and Cyptocurrency. Personally I do not think money will really be destroyed. To me, money is a flowing concept.  The volatility or the sudden lack of liquidity in various investments over the last 2 years has been a result of the massive quantity of money rotating, from one type of investment to another. Information taken from CBIns

TUB Snippets 4: Forgotten Healthcare Companies in SGX

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For those who are new to the blog, I have three on-going series: 10X Potential Series, Portfolio Update, and TUB Snippets. TUB Snippets are for companies that I've looked into (but not necessarily invested in) and want to share my brief thoughts on.  Please note that I no longer own any of the businesses mentioned in the past TUB Snippets. Today, I will be writing about these 3 forgotten healthcare companies in Singapore. 1. Offer Announced - Singapore O&G Ltd (SOG) (Ticker: 1D8) Basically the Group gets S$0.295-a-share takeover offer from vehicle linked to Dymon Asia.  Based on the FY2021 results of EPS of 1.75 cents and NAV of 10.25 cents (Singapore dollars) , this will be PE of 16.85x and PB of 2.87x. Thus, my opinion is that this PE and PB can be taken as a market standard moving forward for medical group with specialized services. 2. Omicron Wave - Healthway Medical Corporation Ltd (HWM) (Ticker: 5NG) When looking at the entire healthcare industry on the SGX, HWM stands o

Updates On My Top 10 Positions (Including The $21.8K Portfolio)

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Its been some time since I updated my portfolio s . To recap, I have a few on-going portfolios  (including the new $21.8k portfolio *) that I am managing. Thus, this update is a result of the consolidation of all companies in the various portfolios.  *Note that I will not be updating the $21.8k portfolio separately. But I will write an article on it once the whole experiment ended. In the last update of my positions , I have already mentioned that things are not looking good in my portfolios, especially since I was more of a small cap investor.  The market has been on a further downward trend as a result of recent macro events such as the Ukraine-Russia war and potential Fed interest rate hikes, and this is reflected in my portfolio as well. Somehow my portfolio may have went back to March 2020 levels.  With the released of the recent quarterly earnings, I have further consolidated the positions through the following actions: Sold 2 of my previous Top 10 positions - Disney and Cerence

Understanding Support Levels For FuboTV (FUBO) Using TA

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Some of my friends have questioned why I am using Technical Analysis (TA) during this period. However, I feel precisely that it is "this kind of time" that investors should embrace TA.  By knowing the important support levels will give me a better grasp of how I should average down when the macro economy is in such a bad situation, with so much uncertainty, and the stock market is on the decline. After all, our resources are limited, thus having more knowledge is essential. Therefore I have requested my friend to provide me another technical analysis for FUBO.  To give you a better idea of what my friend does, he is a swing trader with a longer term timeframes.  He basically does not day trade. If the company hits his target price (even earlier than his timeframe) , he will sell. As a result, what he supplied is most likely an entry point with a time limit of a few weeks to a month. Image taken from SLCDunk Website As compared to the  previous post , he seem to use a differe

Understanding Support Levels For Digital Turbine Inc (APPS) Using TA

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For those who have read my writings, I am a FA investor with a focus on the company's business model, competitors, competitive advantage, management, and financials. Digital Turbine Inc. (Ticker: APPS) is a company that I have the highest conviction in. I have a friend who invests using Technical Analysis. Thus, I asked for his assistance in tracking APPS so that I could figure out what entry points I should pay attention to. After all, APPS is on a downtrend and I want to know the significant support levels which I should average in, especially for someone who do not have any technical analysis knowledge. Thus, he sent me the following on 1st March 22 and explained he will be using Fibonacci and Elliot Wave to determine the potential entry prices: Technical Analysis For Digital Turbine Inc (APPS) as of 1/3/22 To simplify his explanation, he stated that Elliot Wave complements and work well with Fibonacci. 38.2 percent and 61.8 percent retracements are usually significant support

10X Potential: FuboTV (Ticker:FUBO)—Part 3b

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This is a continuation of the previous article . The more interesting findings are here - and also my value-added opinion. 5. Income Statement Calculation  (+positive) Comparison of Income Statement QoQ In view of the breakdown of the income statement and comparing them Quarter over Quarter (QoQ) , it still seen like the figures remains volatile. After all, Fubo is only listed on 20 Oct 2020  (on 3Q20) , and the first actual financials should be 4Q20, which meant only about 5 quarters of financials has been released.  By reviewing the comparison of the Income Statement QoQ  (Note that non-cash items are not included. Technology and Development expenses are deemed as positive growth. Thus, separated from the calculation), do note the following: Total revenue has been growing at a faster pace QoQ since 2Q21. But the great improvement occurs from 3Q21 to 4Q21 due to the significant growth in subscriber revenue and advertising revenue.  4Q21 was also the first quarter that the growth in to