RT 
I recently came across this dated study (2017) of “The Food & Beverage Brands That Own The Grocery Store”. While there are plenty of startups pushing forward new food trends, the market still largely belongs to a handful of companies. Nestle ranks top with a market capitalization of approx. USD310bn and revenue of USD92bn. These … Read more
Recently, Dollar and Sense wrote a post called “How you can make your child a CPF millionaire by contributing by contributing S$400 every month until they turn 21”. It was an interesting article to me as a parent to two young boys. However, it also got me thinking if me and the missus should … Read more
According to Barron’s, Morgan Stanley recently put together a team of quantitative strategies to work, determining which stock signals have tended to best predict stock price performance over time. In this article, we highlight what this stock signal is and using a combination of screening criteria linked to this signal, we derived a list of … Read more
The Weekly Roundup – Academy’s Finest is a collection of my favorite blog posts, podcasts and other useful contents that I have enjoyed over the past week. I will be releasing this series of posts with a short summary of the content for easy summary. My goals is to share quality content (or what i think are … Read more
Like any business, the world of investing has its fair share of super stars. These are renowned investors who have achieved sensational results over a long period of time. It’s easy to be a one-hit-wonder but a mountain of a challenge to achieve consistent long-term success. This requires not only discipline but a sometimes a … Read more
Sembcorp Marine announced its 3Q19 results this morning. The company incurred S$53m losses in this quarter alone (3Q18 losses of S$29.8m), bringing YTD total losses to S$59m. While the losses might seem massive, management has previously guided that the company will incur significant losses in 2H19 as a result of low work load, a direct … Read more
Venture announced its 3Q19 results after market hours on 8 November. Market was not impressed despite a 5% YoY earnings growth and consequently, its shares were sold down c.6%. Several brokerage also downgraded the counter to a Neutral rating. We have previously written about Venture in our article: VENTURE CORP DECLINED BY 4% DESPITE SOLID … Read more
ST Engineering (STE) announced its 3Q19 earnings before market hours on 11 November. While its top-line was a strong 27% YoY growth, STE’s net profit only registered a dismal 3% YoY growth. This was due to a one-off provision for its Marine’s division arbitration outcome. Excluding that negative impact, earnings would have grown by 12% … Read more
How much should one have in retirement savings when it is finally the time to leave the rat race? Based on my calculation, a 30-year old will need approx. S$1.5m when he/she retires at the Age of 65. What! Are you kidding me? Before I delve into my STEP-by-STEP guide towards getting that magic retirement … Read more
The Weekly Roundup – Academy’s Finest is a collection of my favorite blog posts, podcasts and other useful contents that I have enjoyed over the past week. I will be releasing this series of posts with a short summary of the content for easy summary. My goals is to share quality content (or what i think are … Read more
A good opportunity or a structural trap? Arista Network’s stock plunged by c.24% after it announced its 3Q19 results. We took the opportunity to enter a small position in the counter. The counter has been on our radar since it was first recommended by Motley Fools US back in Sep 2017. We detailed why we … Read more
Yangzijiang’s share price is currently up 7%. The company is set to report its 3Q19 results on 7th November. Is the market expecting a set of solid results from the company this coming Thursday? Yangzijiang’s share price impacted by Chairman’s investigation Share price of the counter has declined by about 40% since hitting the peak … Read more
Singapore Airlines (SIA) is set to announce its 2QFY20 results after market hours today. Here is what to expect. Passenger business SIA’s passenger business is expected to remain relatively robust. According to a UOB brokerage report on 17 October, the analyst is expecting operating improvement on both a YoY and QoQ basis for the airline. … Read more
NET WORTH UPDATES – 2019 Net worth updates October, 2019 – $1.201m (+0.4%) Hi all. Welcome to New Academy of Finance first portfolio and net worth report! This is where we look to provide transparency in terms of our financial well-being. To be honest, its a little scary disclosing to the world what my household … Read more
Robo or DIY? We have previously written articles pertaining to robo-advisors available here in Singapore as well as the ALL-IN costs of choosing robo-advisors vs. a DIY approach. While the preliminary conclusion points in favour of a DIY approach when it comes to minimizing cost, I am not dismissing the usefulness of robo-advisors as a … Read more
The Weekly Roundup – Academy’s Finest is a collection of my favorite blog posts, podcasts and other useful contents that I have enjoyed over the past week. I will be releasing this series of posts with a short summary of the content for easy summary. My goals is to share quality content (or what i think are … Read more
