T.U.B Investing

Warning: This will be a slightly long post. But it will be packed with information. I will like to apologize for the delay in putting up with this post due to the information I need to gather. I will be writing on Singhaiyi Group Ltd (Singhaiyi) that I am currently already vested in and also on its industry. I have wrote a few articles on Singhaiyi before – some good and some bad. Although in the last post, I already stated that I was going to ignore them. But I re-purchase them again recently. Prior to me explaining why I did that, let me explain about what had happened over the last 12 months (Earliest to the latest) :  1. Sold their stake in TripleOne Sommerset, 2. Did not exercise the rights to own OKH Global, 3. Owning 100% of the development of City Suites, 4. Acquire Sun Rosier via Enbloc Sales along with Haiyi Holdings 5. Acquire How Sun Park via Enbloc Sales along with Haiyi Holdings 6. Investing in Cromwell Property Group, the sponsor of Cromwell REIT. 7....

As a blogger, I like to write about my analysis to keep track of what I thought of the counter previously and if the situation have change now. Therefore, I decided to do a general review on all the counters that I wrote in 2017 for this post. I believe I will be able to pick up some factors that I could improve on next year so that I can eventually make more gains! *Do note that I will only be doing a review on counters I wrote a full post on. Those that had more than 1 counters in the post will not be tagged in this review. *Click on the date to refer back to the old posts. Counter 1: Bukit Sembawang Estates Ltd ( 23 Jan 2017 ) This first article in 2017 is a counter I have been vested since 2016. Bukit Sembawang Estates Ltd is a major property giant with a huge land bank. While all the property firms are busy participating in the current en-bloc frenzy, the company do not need to do anything due to its huge land bank. Decisions In 2018 I really like Bukit S...

Singhaiyi Holdings Ltd (Singhaiyi) was a great call previously by me. I average upwards when it announces an exceptional Q1 2017. However, its recent purchase of Sun Rosier is a bit hard to accept. There were explanations that their purchase price was too high. Nevertheless, I decided to hold on to them as I believe the management may have a different view. But I realized Singhaiyi missed out reporting that it was awarded a public tender of a string of commercial units from OKH Global Ltd (OKH) when they were the only bidder. Announcement made by OKH on 11 Jul 2017 No announcement by Singhaiyi on 11 Jul 2017 For those that do not know, Singhaiyi and OKH technically are owned by the same parent company - Haiyi Holdings Pte Ltd.  This meant that this was actually a related party deal. From my experience, I doubt any related party deal will be fair to the minority shareholders. Furthermore, not announcing the "award" makes it looks like Singhaiyi maybe o...

With another wave of results being released, I will be doing my 2nd review of some of the counters in my portfolio. Read the 1st review here. The Comeback Kid - Singhaiyi Group Ltd -  Full Year 2017 Results [No Review via Super Scorecard] Read here for the past write up of this counter. The reason this counter was name as  'Comeback Kid" because I bought, sold and bought this counter again over the space of 5 months. In January, I purchase this counter in at 97 and sold some of it at 113 within 2 days due to the sudden rise. By mid-Feb, I sold all of the remaining shares of this counter at 135. In April, I decided to repurchase this counter over 3 tranches at 120, 116 and 117. This was because based on my previous write up , I believe there are still many catalysts yet to be realised Thus, I was hoping that during the release of results, the company will be providing some catalyst to push the share price up. However, this did not materialize and the share pric...

This is just an update to readers who had read about the post " Counters In My Watchlist ". So what had happened to these counters after 1 month and what is my decision moving forward? 1. Yongnam Holdings Ltd As predicted, Yongnam's share price has ranged from 0.199 to 0.210 over this 1 month. I had told many people (even during my sharing session conducted recently) , and also stated in the initial post, I doubt the share price will go below 0.199 or have a drastic fall like other counters such as Noble Group. This is mainly due to the breakdown of the number of shareholders holdings as well as the public float. If people wanted to sell, they will have done it earlier. Everyone is waiting for the breakthrough. For me, I did purchase Yongnam at 0.199. However, I should be offloading them in the next few weeks to free up some cash as my new strategy of wealth preservation is in full swing. 2. Singhaiyi Group Ltd The counter's share price has not managed...

Last weekend, I scouted the whole of SGX for counters to buy. But I eventually only bought 1 counter. In fact I fully sold 3 counters while some of the counters in my portfolio were partially sold. As stated on my Facebook Page and IN, many of the counters that I came across did not react in the way I expected it to be. One example was Rowsley Ltd - a Peter Lim company. It made significant HUGE LOSSES in its latest full year financial report. But the share price did not even move decrease. Another similar example was Yongnam Holdings Ltd. As I always say, " Expect the Unexpected" . Nevertheless, I re-reviewed all the counters on SGX again and I came up with some counters that I intend to purchase. From my lists, these are the more certain targets. 1. Yongnam Holdings Ltd Prior to its recent profit guidance announcement, I actually bought some of this counter. However, on that day of the profit guidance announcement, I managed to sell all of it for 10% profit due t...

Happy Chinese New Year! Hope everyone have a great year ahead! For many investors and traders, Chinese New Year came early asthe Singapore Stock Market is in a buoyant mood and a lot of people are making gains. For me, I was lucky to get enough rights excess of the Sabana REIT to have an average price of $0.320. I have since sold all my Sabana REIT shares. The other lucky shot I had was Singhaiyi Group Ltd . As I have written on 25 Jan 2017, I bought the shares at a low average price of $0.099. A day after my article was posted, the company made the announcement that they have divested all their holdings in TripleOne Somerset for $100 Million. This is a gain in disposal of asset for at least $30 Million. SGX Announcement Another important fact on this transaction is that on the 2016 annual report, the company actually has $45.8 Million of junior bonds issued to the entity owning TripleOne Somerset. This junior bonds will be returned in full to Singhaiyi Group Ltd. 2...

As some of you have read, I have adjusted my investment methods this year in order to achieve my target gain of in excess of 10% for my portfolio by the end of 2017. Other than looking at counters that pass my Enhanced Triple S Scorecard or the Dividend Scorecard Portion, I am also looking for counters with sustainable business model with catalyst that will ignite the share price significantly. Last Friday I came across Singhaiyi Group Ltd . The share price was at 52 weeks low of 9.6 cents. By the end of Tuesday, the share price was at 12.8 cents. A 33% jump in share price within 3 days! Profile In Short As per their website, "SingHaiyi Group Ltd is a fast-growing and well-rounded real estate specialist with unique access to real estate opportunities in Asia and USA. With our knowledge in real estate development, real estate investment and real estate management, we enjoy multiple income streams through our diversified portfolio of quality residential, comme...