T.U.B Investing

Updated on 20 May 2017: I should have updated this earlier. I have actually sold off all of BBR Holdings Ltd on 16 May 2017. The main reason is due to my rebalancing of my portfolio. This is one of the counters that I had already made about 20% gain, so it seems to be good to liquidate at that point in time. The selling has nothing to do with the financials or fundamentals of the company.  Before I start, I like to apologize for the lack of post and updates on my TUB Investing Facebook Page and InvestingNote . This was because of my new role at work (I think I stated this before) and I was overseas recently. In addition, I will be on reservist soon. So the lack of updates will most probably continue. As per the title of this post, many of my small and mid caps has just released their most recent quarterly results (6 of them were released on 12 May!).  However, due to the lack of time, rather than a long lengthy analysis on each counter, I will be reviewing and commenti...

Do note that there are some inaccuracies from the expected figures stated in the previous post on BBR Holdings (S) Ltd as pointed out by SG Thumbtack Investor . I will be pasting the comments here for easy viewing: In addition to what he commented, I like to emphasize that this analysis is based on the fact that: - Lakelife Executive Condo is fully sold by the 4th Quarter of 2016; - All revenue and net profit from Lakelife Executive Condo is recognised and return as cash to BBR Holdings (S) Ltd immediately; - Loan from Associates of $20 Million, as stated in the 3rd Quarter financials remains the same and will be returned fully upon the complete sale of Lakelife Executive Condo. - etc... (There could still be many other assumptions in place which i did not recognised). I have also realised an error in my input of dividend for the year of 2016. Upon making the changes, the Enhanced Triple S Scorecard with Dividend Yield Portion change into the following: ...

Update on 6 Dec 2016: Do read the comments on additional information from SG Thumbtack Investor.  I will also be doing an amendment to this post following some inaccurate information I may have placed in the scorecard. Sorry for the inconvenience caused. However, my conclusion stands - there is no turning back! Recently this company caught my eye when someone compared it to TTJ Holdings Ltd on valuebuddies. This comment is by Ksir on valuebuddies After reading the comment, I took a look at its latest financial statements and spotted this specific paragraph; This paragraph amazed me. This is because I remembered I read SG Thumbtack Investor blog posts ( here and here ) on this company before. Quoted from the 2nd post, SG Thumbtack Investor stated that "...upon TOP, the company’s income statement will show a nice boost to earnings of approximately 6.5 cents, and the balance sheet will have a mega boost to cash and cash equivalents of ($19.9 mil due to it’s 35% s...

This will just be an extremely short post. In addition to the previous post , BBR Holdings (S) Ltd just announced their full year results. - Revenue dropped considerably. - Net Profit dropped significantly. - Dividend dropped half.  - And also hearsay "the company sold their leasehold property at a low price and buy back at high price"... However I am vested in this company due to its discount to net asset value. Current Price: 0.161 as of 21 Feb 2016 Please do your own due diligence before you invest in this stock. Do note the author is vested in this stock/company at 0.165.

Due to the extreme downtrend, I started looking at companies with asset value that are 50% more than their share price. While searching, BBR Holdings (S) Ltd appeared in my list.  Profile In Short The BBR Holding (S) Ltd engages in the general construction, specialized engineering, and property development businesses. The company’s General Construction segment offers design and build, general building construction, and civil and structural engineering construction services.  Its Specialized Engineering segment is involved in the construction engineering activities, including piling and foundation systems, post-tensioning, stay cable systems, heavy lifting, bridge design and construction, and maintenance repair and retrofitting, as well as prefabricated pre-finished volumetric modular construction activities.  The company’s Property Development segment engages in the development of residential and mixed commercial properties. Its Green Technology segme...