T.U.B Investing

I had sold off ALL OF MY POSITIONS in The Trendlines Group Ltd . Initially, I believed my losses to be more than 50% due to my excel tracking. But after I calculated, the losses is about 40% instead after holding for about 1.5 years. Nevertheless, it is still a major hit to my portfolio. The main reason why I decided to take the losses was due to a few reasons: - I want to have more cash for my margin REIT strategy (Do note I do not add funds to my portfolio. Thus, if I had a new idea, I will probably need to sell an old idea.) - It is not really about the company. Having already written numerous pieces of the company, I still believe it is a good company. But it is probably not suited to investors living in Singapore whom believes significantly in dividend. Thus, when the company did not release any dividend during the Full Year Report, I decided it was time to breakup with it. - My new investment enlightenment/philosophy – The importance of certainty and comfort-ab...

Recently, I did a poll on InvestingNote . It was an exercise to (1) remove the bias of choosing a company based on brand names and (2) choosing a company to invest in solely using financials. InvestingNote Screengrab as of 21 March 2.20pm Without the company name, most investors stated correctly that if solely based on the financials, value investor will choose Company A. Growth Investors will choose Company B. Overall, it seems that more investors prefer a stable company than one is burning cash. But I have a feeling if I reveal the names of the companies, things may change? Nevertheless, did I carry out this exercise so that I understand more about investors? NOPE.  I was actually looking to invest into TVB due to their recent share price drop and negativity news. Thus, I was looking for a competitor to compare its financials and I picked Netflix. Many may disagree that they have the same business model. But in my opinion, their strategy as stated below are proba...

As a fundamental investor, I always look at financials statement to analysis if a company is good enough to invest in. However, there is always 2 types of balance sheet we need to take note – The regular one and the Financial Institutions (FI) one. Normal Balance Sheet FI Balance Sheet In the past, if I want to invest in a FI, I used to tell myself – I don’t know how to analyze their financials, let’s skip them! But as days, weeks, years went past, and you realise that there are numerous financial firms in of Berkshire Hathaway picks , that’s probably an indication for me to start to learn how to analyze a FI financials. After jotting down a list of criteria and factors, I reduce it to these 4 criteria. 1. Return on Assets (ROA) Formula: (Net Profit - One-time Gain) / Total Assets x 100% In my opinion, Return of Assets is the most powerful ratio of them all to calculate the performance of a FI. I believe it is mention by Warren Buffet before (lost track of th...

With the success of " A.I.M.- Actionable Ideas Movement ", Simple Investor and I had decided to conduct a similar course for Investors of the Singapore Stock Market. I can never say enough. But once again, I will like to say a BIG THANK YOU to everyone that attended AIM. You made the event a success!  What is A.I.M. – SG Version? This is an extension of the newly design course – Actionable Ideas Movement – within the Singapore Market. The main AIM for this course is to: (1) introduce new investing methods to the Singapore Investors; and (2) by the end of the course, we hope participants will be able to invest in Singapore Markets with comfort and the right mindset, regardless of the macro environment. This course also AIMs to provide what participants want such as the following: 1. The course will allow participants to ask questions beforehand. These questions will be answer during the course. (An email will be sent to the email address you registered...

As indicated in my last post, I had already sold Big Idea 5. Therefore, I am still on the lookout for the next idea to invest in. Currently, for my Big Ideas Investing Theory, I have wrote about 12 Big Ideas and I had sold about 3 of them. Overall, I am still holding on to 9 of them which contributes about 60% to 70% of my portfolio. I caught a glimpse of  Big Idea 13  on a valuebuddies forum. Then I went to work on it. I was so excited about this idea that I shared it on my Fundamental Scorecard Telegram Group. Then, Simple Investor shared it on his Facebook Page . Screengrab of Simple Investor Facebook Page OMG...this ballooned the members on my Fundamental Scorecard Telegram Group from 48 members to the current 130 members within 2 days. I am still very amazed by the support and will like to still say a Big "Thank You" to the old and new members in the group. So after my initial analysis on Big Idea 13, I came up with this summary. "The company has 2 ...

This article contains a portion of the Moat Scorecard Analysis Write Up 6 written on 27 Jan 2019 for my Moat Scorecard subscribers. For the Full Write Up, please subscribe to Moat Scorecard. Having sold off one of my biggest holding of a Big Idea (Big Idea 5 - HongKong Land) , I started search for the next possible Big Idea. Firstly, I was looking at Courts Asia. But before I could make a decision, Nojima made a general offer. Damn! Then along came Avi-Tech Electronics Limited (Avi-Tech) . To be honest, I first came across this company when it passes Ultimate Scorecard in January. Portion of Avi-Tech Ultimate Scorecard in Jan 2019. I was surprised to see this new entry in my Ultimate Scorecard. This new company excites me in view that it was able to generate Free Cash Flow constantly for the last few years and the cash profit margin has been consistent. What Does The Company Do? The company specializes mainly in Burn-In Services, with a portion in Manufacturing and E...

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 ...