T.U.B Investing

US Stocks has been rising significantly! It was on FIRE ! Firstly Biden beat Trump.  And then on 9 Nov 2020 -  Vaccine hope increases significantly! Then BOOM! The US market went crazily green . Then Macy's Inc went up significantly! Screenshot from SeekingAlpha Just a recap - I uploaded a YouTube Video on Recovery Stock and also my selection of Macy's Inc as a company to purchase. In the video, I also did a SWOT business analysis! In addition, I also did a fireside chat on FB Live with JR_Chai where we chatted about the Investment Landscape and the sectors I am investing in. During this session, I also explained on my investment in Macy's Inc. So with the sudden share price gain, can I equate that my Macy's Inc analysis was spot on?  MAYBE. After all, without the analysis, I will not have the conviction to hold on to the company when the share price went from US$7 plus to almost US$6.  Nevertheless, as Investors, we must stay realistic and understand luck does pl...

Short Post GSB, which I had just written about recently on 9 Nov 2019, has recently released some good news! Yes! Shortly after I invested in the company, it announces a special dividend of US$3.35 ! That more than 30% of return! So far that is the 2nd piece of good news since the launch of the Crazy Portfolio. I do hope it continues! As for other overseas companies, it is good to note that previously written companies like UVE , GDOT and IGG , still exists within the Crazy Portfolio. Thus that is 5 companies that I have written about. Stay tuned for more! This is the final call! Join us this coming 23rd Nov (Sat)  |  10.30am to 5pm in understanding both FA & TA to make better trading decisions.  iFAST@Ocean Financial Centre 10 Collyer Quay, #26-01 Ocean Financial Centre, Singapore 049315 Course Fee: SGD$30 Register Link Here Thanks for your support!

Short Post With the start of Crazy Portfolio, TUBInvesting new direction is to be the diary of the portfolio and to put up post about my journey to eventually achieve my crazy target! Thus, it was natural that I wanted to record down all the companies that was part of this portfolio. However, this company, Kemet Corporation was acquired by Taiwan-based electronic component manufacturer Yageo for $27.20/share in cash, for a deal valued at $1.8B including the assumption of debt, before I could even do a proper write up. Read about the acquisition here I personally feel the purchase price is too low. Anything above US$30 will be more reasonable. To give you some perspective, the 2018 10-k stated the following: 1. "...The Company has entered into agreements with three of its largest customers pursuant to which the customers have agreed to provide interest free loans to the Company in exchange for assurance of future supply. These interest free loans are being used by the...

This post is a reminder for myself of why I invested in the above company. I am vested and comments maybe biased. For future posts, I will be talking about my positions in the Crazy Portfolio . Numbers/Finance Increasing Revenue, Net Profit – Over the last 3 years, the total revenue has just been increasing. So does the Net Profit. However, if you look at the TTM (Trailing 12 Months) figures over the last 5 years, it is very clear the company’s top line has been improving every quarter, so does the bottom line. Data from Seeking Alpha - Annual Revenue Data from Seeking Alpha - Annual Net Profit Data from Seeking Alpha - TTM Revenue Data from Seeking Alpha - TTM Net Profit Reasonable Balance Sheet, but Great Returns – Balance sheet has been reasonable with very low debt. Its not exactly a NCAV company and it has significant intangible. But it has great returns. Data from Investing.com Low Capex, Good FCF – It has consistently generated FCF for the las...

This post is a reminder for myself of why I invested in the above company. I am vested and comments maybe biased. Numbers/Finance Increasing Revenue, Net Profit, Dividend – Over the last five years, the total revenue has just been increasing. Although you can’t say the same for net profit, but on an overall basis, it has also been increasing. As for the dividend, it has also been increasing. Love it (Remember this trend and it will be explain further in the catalyst) . Source: FY2018 10-K Improving Balance Sheet – Balance sheet has been improving with the rise in total asset along with the rise in Book Value. ROE, Long Term Debt, Combined Ratio – Return on equity has dropped, but it has maintained at 20+%. But this ROE comes along with low Long Term Debt (Hint!) . In addition, just looked at the returns of UVE vs competitors. Furthermore, Combined Ratio* continued to remain below 100%. *As per Investopedia, “The combined ratio is a quick and simple way to mea...

This post is a reminder for myself of why I invested in the above company. I am vested and comments maybe biased. Numbers/Finance Growing Revenue, Net Profit, Cash from Ops, with consistent FCF generated – A business taking on market share and continuously generating FCF. No more debts – A growing business allows the company to reduce its debts. Currently it do not have any debts. Thus, there will be significant interest saving moving forward. US$6.5 million of interest expense is paid in FY2018. DCF calculation – I have a weird way of doing DCF (high discount rate of 15% to 30%) with 0 growth based on the past 5 years of FCF. This DCF allows me to come up with a $19.77. But what happens if 1% of growth occurred and a more regular discount rate of 10% is taken into effect. Reasonable Ratios - PE stands at 13.15 and PFCF stand at 7.94. This doesn’t shout value. But they are reasonable comparing to other Fintech out there which is still burning cash. (I compare with Fintech beca...

As per divestopedia, in the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. In July 2018, this Unicorn had raised US$1.6 Billion in the US Stock Market. The company is no other than, Pinduoduo, the company that intends to rival Alibaba and JD.com. You can read all about this company in this report . If you had watched China Variety Shows, you will not have missed out their advertisement. It has a very catchy song for its advertisement and always seem to be the main sponsor for some of the variety shows. So why do I intend to give it a miss? The main reason is because, on Feb 2019, the company has decided to raised another US$1.5 billion. So after 7 months of raising US$1.6 Billion, it wants to raise another US$1.5 Billion! Furthermore, as quoted from Straits Times Article : "...it intends to issue some 37 million new shares while stockholders sell ...

If you had read my blog regularly, you will have read that I have been investing in HK and US market for about 1 year. Since the start of 2018, I started to engage in more active investing within the HK and US market. I even wrote a full post on a HK counter that I invested in, Win Hanverky Holdings Limited . After investing for over 10 years in the SG market, I thought it will be “piece of cake” for me to just start investing in other markets. But I am wrong. Since the start of the year, the Hang Seng Index and Dow Jones Index had rise about 1%. Without the short-lived market correction period, the 2 indexes will have risen more than 5% within 2 months. However, I am currently in the red after 2 months. My US portfolio went into the red 2 weeks ago. But my HK portfolio have been in the red more than 1 month ago. Here are some thoughts that I like to share so far on my journey of investing in the HK and US market: 1. Higher Volatility in Price Fluctuations The share price...

Firstly, before I start, it will be good to inform everyone again on our Face-to Face Ask-Us-Anything session on 16 Jan 2018. Details of the event are listed in this post . If you are interested to come, just come along that evening. So What Had I Done Since The Last Post? Although I have said in my 1st post of 2018 that I felt the market is boring, but at this point, I had already made A LOT OF PURCHASES . As stated in the same post, I ventured actively into the US and HK Market. In addition, I had also tweaked some of my thoughts about the SG market and made some purchases. This came about after I decided I was STILL holding too much cash after venturing overseas  (I had about 40% to 50% of my portfolio) . In this case, I decided to make some short term investment into companies that are getting into certain "situations". This was not what I planned at the start of the year and I was taking more risk investing in these companies. However, I see the taking of ...

If you had read my blog, you will have read in my previous posts that I had engaged in investing in the US and HK stock market. However, I have yet to explain or even write about these investments. So this will be my first post on my overseas investment. Why did I engage in Overseas Investment? My interest in overseas investment started while I traveled to US and Hong Kong during my last 2 overseas trips. Although traveling overseas were meant to be for leisure, but due to my interest in investing, I tried to understand how the business were conducted in US and Hong Kong during these trips. In the past, I was very skeptical about investing in overseas markets, especially after all those S-chip scandals. But traveling to these countries made me understand how each economy is being supported and there are genuine honest businesses in these countries as well. Thus, these thoughts gave me the comfort of investing in overseas market. Anyway I had decided to invest in US and ...

I will just like to apologize for the lack of post for the last 2 weeks. Other than taking the holiday breaks, I am busy learning about US Stock Market. As I have emphasized so many times, I intend to invest in the US Stock Market in the very near future. Many will ask why will I invest in the US Stock Market now, when Dow Jones Index is at all time high? There are 2 reasons. Firstly I want to have some distraction off Singapore Stock Market, I want to be less active in buying and selling in the Singapore Stock Market. I believe this will help in my goal of attaining a capital gain of 10% eventually at the end of 2017. To explain further, there was a period I was so busy that I ignore the Singapore Stock Market for about 6 months. At the end of 6 months, I realised my portfolio rise more than 20%. Therefore, I believe I need some distraction to take my eyes of Singapore Stock Market and the value portfolio will need some time to be "found out". Secondly, my frien...

This shall be the last post for T.U.B Investing in 2016. This blog grew bigger in 2016 and I really appreciate everyone who read and commented. Without you, I will never be where I am today in this blogging journey. To recap, here are some of the interesting things I did in 2016 as the writer of T.U.B Investing: 1. Started a Triple S Scorecard Online Course with Stockflock. This was the initial start of the sharing sessions. Still remember the feeling I had when there were people who are interested in the Online Course. 2. Did an interview with "B" . After that, I never did another interview because I started to engage in other "projects". Will try to restart this in 2017. 3. A review of my Triple S Scorecard Stocks after almost a year and the enhancement to the Triple S Scorecard . Up till today, I still believe the Enhanced Triple S Scorecard will have been the most important factor I have created during my investing path. 4. The start of the 1...

Recently I got to know TTTI. He is a value investor like me.  We exchanged blog links and decided to guest post on each other's blog.  I am really glad that someone actually asked me to do a guest post. Anyway I understand that he invest in US listed companies too. After traveling back from USA (which I was supposed to do a post on it...please wait for it), I am also tempted to invest in US listed firms. So I asked him to do a guest post of the differences between investing in SGX listed vs US listed companies... This post has been reproduced with the permission of TTTI. His blog can be found at The Thumbtack Investor. I've been asked to write about this topic, and whilst I think there isn't much difference in terms of quantitatively analyzing the companies, there are certainly differences that one must consider when trying to invest in US listed companies. Of course, the differences are also very much dependent on the specific type of company itself. The po...