tag:blogger.com,1999:blog-72435062646130087992024-03-16T15:47:55.987+08:00Stocks & SavingsBuilding my retirement with stocks and savings.Unknownnoreply@blogger.comBlogger143125tag:blogger.com,1999:blog-7243506264613008799.post-74789935312803809632024-03-03T07:00:00.012+08:002024-03-03T07:00:00.141+08:00China Sunsine Chemical Holdings FY2023 Earning Result
China Sunsine Chemical Holdings ("CSSC") reported their FY2023 earning result on Thursday [here]. Here is a quick dive into the numbers:
Numbers in million RMB unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
3,490.4
3,825.0
(8.7)
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-86630758473228277472024-03-02T07:00:00.002+08:002024-03-02T07:36:28.424+08:00Singapore Technologies Engineering FY2023 Earning Result
Singapore Technologies Engineering Limited ("STE") reported their FY2023 earning result on Thursday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
10,101.02
9,035.10
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-67640605359380775862024-03-01T07:00:00.001+08:002024-03-01T07:00:00.138+08:00Portfolio Summary for February 2024As of 29 February 2024
CDP
Security
# shares
Price S$
%
DBS
400
33.33
3.91
UOB
400
27.95
3.28
OCBC Bank
700
12.98
2.66
SGX
3,200
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-61987480124030498752024-02-29T07:00:00.010+08:002024-02-29T14:30:29.238+08:00OCBC Group FY2023 Earning Result
OCBC Group ("OCBC") reported their FY2023 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Full Year Ending
31 Dec 2023
31 Dec 2022
% Change
Total Income
13,507
11,286
19.7
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-66406494533510662612024-02-28T07:21:00.003+08:002024-02-29T14:30:39.973+08:00Sheng Siong Group FY2023 Earning Result
Sheng Siong Group ("SSG") reported their FY2023 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
1,367.72
1,339.46
2.1
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-51059478346195720452024-02-27T10:02:00.003+08:002024-02-29T14:31:14.662+08:00Nanofilm Technologies FY2023 Earning Result
Nanofilm Technologies International Ltd ("Nanofilm") reported their FY2023 earning result this morning [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
177.02
237.41
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-54282953649438225282024-02-26T08:16:00.001+08:002024-02-26T12:14:08.576+08:00Credit Bureau Asia FY2023 Earning Result
Credit Bureau Asia ("CBA") reported their FY2023 earning result this morning [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
54.17
48.62
11.4
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-42980144183384847532024-02-25T07:00:00.022+08:002024-02-29T14:31:22.861+08:00HRnetGroup FY2023 Earning Result
HRnetGroup ("HRnet") reported their FY2023 earning result on Thursday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
578.47
611.78
5.4
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-75407445239931798732024-02-24T08:00:00.001+08:002024-02-24T08:00:00.234+08:00A shareholder survives off the balance sheet
Over the week past the Lunar New Year, I was deeply immersed in the field of professional money management.
Not literally of course, but through literature.
I had perused several books written by seasoned fund managers, who possess more than a century's worth of successful investment experience in the stock market combined.
One of these books is titled, "Common Stocks & Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-67856030859079685892024-02-23T07:00:00.043+08:002024-02-23T07:00:00.159+08:00UOB FY2023 Earning Result
United Overseas Bank ("UOB") reported their FY2023 earning result yesteday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Full Year Ending
31 Dec 2023
31 Dec 2022
% Change
Total Income
13,932
11,575
20.3
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-81367497105901694912024-02-22T07:16:00.001+08:002024-02-29T14:48:29.540+08:00VICOM Limited FY2023 Earning Result
VICOM Limited ("VICOM") reported their FY2023 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
111.90
108.30
3.3
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-28382878706006444072024-02-21T07:38:00.002+08:002024-02-29T14:48:20.282+08:00TalkMed Group FY2023 Earning Result
TalkMed Group Limited ("TalkMed") reported their FY2023 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Twelve Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
83.79
76.60
9.4
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-52295787220701375452024-02-17T08:00:00.245+08:002024-02-17T08:00:00.130+08:00Are you prepared for the downside?
Over the Lunar New Year long weekend, I had time to do some reading. I had borrowed a stack of books from the public library on my favourite subject (no prize for guessing what it is).
After completing the first two books, I noticed a common theme among the writers. There was an emphasis on effective risk management and protecting our portfolios against the downside.
The Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-45155480302196820012024-02-16T07:29:00.008+08:002024-02-29T15:18:42.143+08:00Silverlake Axis 1H2024 Earning Result
Silverlake Axis Limited ("SAL") reported their 1H2024 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in RM million unless stated otherwise.
Six Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
397.37
392.28
1.3
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-31478633331518197932024-02-07T07:28:00.005+08:002024-02-22T07:28:49.262+08:00DBS FY2023 Earning Result
DBS Group ("DBS") reported their FY2023 earning result this morning [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Full Year Ending
31 Dec 2023
31 Dec 2022
% Change
Total Income
20,180
16,502
22.3
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-65176872340826937122024-02-02T08:00:00.021+08:002024-02-22T07:28:56.962+08:00SGX 1H2024 Earning Result
Singapore Exchange Limited ("SGX") reported their 1H2024 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Six Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
592.2
571.4
3.6
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-7975223683117111982024-02-01T08:00:00.002+08:002024-02-29T14:32:41.930+08:00Portfolio Summary for January 2024As of 31 January 2024
CDP
Security
# shares
Price S$
%
DBS
400
31.88
3.95
UOB
400
28.37
3.51
OCBC Bank
700
12.89
2.79
SGX
2,700
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-86719053076659795432024-01-30T07:22:00.018+08:002024-02-22T07:29:06.651+08:00Micro-Mechanics Holdings 1H2024 Earning Result
Micro-Mechanics Holdings ("MHH") reported their 1H2024 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Six Months Ending
31 Dec 2023
31 Dec 2022
% Change
Revenue
29.35
36.91
(20.5)
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-85430470261859109532024-01-27T08:00:00.249+08:002024-01-27T08:00:00.134+08:00Steady Sam vs. Genius George - Why capital matters in investing
Being able to identify winning stocks is a valuable skill in investing. There is no lack of investment newsletters out there purporting to share potentially profitable trade ideas, albeit on a paid subscription basis.
However, there is another factor in the investment equation that is seldom mentioned, or conveniently left out.
That is: a LARGE CAPITAL BASE is also required for Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-58402572792465955662024-01-20T08:00:00.116+08:002024-02-29T14:31:56.822+08:00When investing, it is okay to...
One morning while I was riding on the MRT train, I caught sight of a lady wearing a green tee-shirt with the following words printed on the back:
"It is okay to pause and relax. The most productive thing you can do is to rest and rejuvenate yourself."
Whoever coined the phrase must be worldly-wise, though I suspect it is the nifty advertising slogan for some product brand.
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-23679191918881061992024-01-13T08:00:00.002+08:002024-01-25T14:21:58.689+08:00Don't throw caution to the wind for S-Reits
The financial world - broker analysts in particular - have turned bullish on S-Reits as a horde. You can read about their upgrades [here], [here], [here] and [here].
What's with the sudden exuberance?
The answer: Words.
Literally.
Post the 12-13 December 2023 meeting of the U.S. Federal Reserve, Federal Open Market Committee (FOMC), a press release was made.
HereUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-30935626064987239282024-01-12T10:13:00.008+08:002024-02-29T14:49:47.556+08:00HC Surgical Specialists 1H2024 Earning Result
HC Surgical Specialists ("HCSS") reported their 1H2024 earning result yesterday [here]. Here is a quick dive into the numbers:
Numbers in S$ million unless stated otherwise.
Six Months Ending
30 Nov 2023
30 Nov 2022
% Change
Revenue
9.62
10.12
(4.9)
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-68251359932215166512024-01-09T12:30:00.009+08:002024-01-25T14:22:45.789+08:00Don't predict the market. Stick to the plan.
Endowus CIO Samuel Rhee penned an op-ed in the Business Times today, titled "Market predictions could go awry; stick with long-term investment plan" [here].
He reminded how the market forecasters were so pessimistic at the start of 2023, but the major equity markets had actually ended the year higher. He also shared a quote from the famed American economist John Galbraith, who Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-644382467391911982024-01-07T12:26:00.008+08:002024-01-25T14:23:20.828+08:00The Veiled Threat of Inheritance
This is a non-investment post. Sharing an incident that happened in my life recently.
My wife and I were visiting my parents-in-law during the New Year. My parents-in-law are a classic rags-to-riches story of the Merdeka Generation. After graduation from NTU with an Accountancy degree, my father-in-law (FIL) started work as a property manager, earning a paltry income. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7243506264613008799.post-21359153179689793142024-01-03T14:26:00.008+08:002024-02-29T14:32:11.071+08:00You have S-Reits. What about S-Banks?
Perhaps the worst kept secret in the financial world today is that the U.S. Federal Reserve wants to bring the benchmark overnight borrowing rate lower this year.
A lower rate means that banks will have to lower their loan rates, resulting in a compression of the Net Interest Margin (NIM) - the lifeblood of their profit.
For the uninitiated, NIM is the difference between the rate banksUnknownnoreply@blogger.com2