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
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%
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
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
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
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
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.
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
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
Riverstone is one of the leading manufacturers of cleanroom and healthcare gloves in Malaysia. The company is expected to announce its 3Q19 results sometime around 1 November. After many quarters of rather lackluster results, we believe this quarter has the potential to surprise positively, particularly on the back of a low comparison base last year.
Sheng Siong is expected to report its 3Q19 results around 30 October. The company, with its defensive business model, has generally been well-liked by the market, with the exception of Maybank, which currently rates the counter a sell. Despite current market volatility induced by US-China trade tension, Sheng Siong’s domestic grocery business has been relatively
Show me the money! These are the star-making four words made popular by the 1996 film Jerry Maguire that still resonates within us after more than 2 decades. Let’s admit it. These are the words that we have always want to spew it to our bosses. ” You want me to work Overtime, SHOW ME
Recession-proof stocks offer products or services that we simply cannot go without, or that are much more attractive when money is tight, like in a recession. There are however varied opinions as to whether a recession is imminent. The man who predicted the dot-com crash of 2000 and the housing crisis of 2007, Nobel-Prize winning
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
Quick Intro: I recently attended an event by one of the robo advisors here in Singapore, Endowus, jointly organised by Dollar and Sense (DNS). DNS Co-founder, Mr Timothy Ho hosted an informal session where Endowus management team, lead by Co-CEO/CFO, Mr Sun You Ning shared with us some insights on what it means to invest
Quick summary In a move that caught the market by surprise, Temasek announced that it will make a partial offer to acquire an additional 30.55% of Shares in Keppel. If successful, the partial offer will result in Temasek owning an aggregate 51% of Keppel. Given that the Offer Price of S$7.35 is a hefty 26%
