T.U.B Investing

Dear Readers, This is Part 3 of the Review of the Singapore Construction Sector - the final review of the trilogy. Part 1 was meant as a more qualitative approach, while Part 2 reviewed the counters via a quantitative approach instead.  For Part 3, it will be rather short. I will basically be testing each selected counter against, what I am known for , the Super Scorecard . Do read up on Part 1 and Part 2 here. So these are the scores for the selected counters - Are you surprised? Selected Counters Score via Super Scorecard DCF and Graham Method Valuation via Cash Profit T T J Holdings Limited 13 – PASS Fail Nam Lee Pressed Metal Industries Limited 10 – PASS Fail Keong Hong Holdings Limited 9 – PASS Buy – 0.958 and 0.479 Kori Holdings Limited 7 – PASS Buy – 0.481 and 0.654 Lum Chang Holdings Limited 6 ...

This is Part 2 of the Review of the Singapore Construction Sector. Part 1 was meant as a more qualitative approach. Part 2 will be using a quantitative approach instead. Do read up on Part 1 here. Prior to this writing, SG Thumbtack Investor has pointed out on InvestingNote , this maybe too much a generalization of the companies within the construction industry. Read his full comments via the link! I totally agreed on this point as I may have leave out some "good" companies in part 2 of this review. So in the end, I decided to do the review with all the companies again.  However, I also do not want to deem my initial effort as "wasteful". So I decided to come out a contrarian approach to determine the companies I want to review - a scoring system. By picking out the information from SGX Stockfacts (Based on the information on 21st April 2017 after trading hours) , I selected Dividend Yield, Price to Book, Price to Earning and Debt to Equity as cr...

Dear Readers, I am continuing my search for, what Warren Buffett will have exclaimed – the next “wonderful company at only fair prices”. Therefore, to search for this company, I decided to try searching within the construction industry. The interest in construction industry was triggered due to a few reasons such as: This video via Flyinpeach – Singapore continuous infrastructure development for the next 2 to 3 years will continue to provide projects for the construction industry, especially those in the civil engineering sector.  The recent purchases for land at high prices via SP Sertia and Sing Holdings. The continued urbanization of the world, especially within South East Asia. Before we start, do note Companies that are within the construction industry but also within these areas of business will be ignored: - Companies earning more than 50% from Overseas. (I may not have the knowledge to fully understand these companies’ revenue stream. Ex. Civmec) ...