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 amazing stuff) in an easy to digest format for my readers.
In the meantime, I will also like to pay tribute to these wonderful content creators all around the world, not just here in Singapore.
Please share any great blog posts or podcast episodes with me through the comments section. I value your input and feedback which will in turn allow me to share the most beneficial content.
Without much ado, let’s get started into the Weekly Roundup – Academy’s Finest Vol 7
MY BLOG POSTS THIS WEEK
A STEP-BY-STEP GUIDE TO FIGURING OUT YOUR RETIREMENT SUM. I wrote about an article which I believe is useful in helping one figure out how much he/she really needs for retirement. While a simple calculation shows that a 30-year old will actually require S$1.5m when he/she retires in 35 years time, that retirement figure can be easily achievable by starting one’s investment journey early. And that monthly figure to get you started could be as low as S$110/month! The KEY is to get started ASAP.
ST ENGINEERING (STE): 3Q19 EARNINGS MISSED DUE TO ONE-OFFS. SHARE PRICE DOWN 1%. ST Engineering’s (STE) 3Q19 earnings missed due to one-offs pertaining to provision made for it’s marine division. The company remains one of the very few blue chips we believe have earnings growth visibility over the coming 2-3 years. The street remains generally positive of the counter. STE’s share price has also ran up 4% post earnings.
VENTURE 6% PRICE DECLINE POST-RESULTS; SATS’ 2QFY20 COULD REMAIN WEAK. Venture’s relatively weak set of earnings ignited a slew of analysts’ downgrades, with most citing a more challenging operating outlook ahead. Despite strong performance from its key client, Philip Morris, we believe that the flow-through effect will be less evident due to lower device requirement by the latter. SATS’s 2QFY20 results remain relatively lackluster as expected, with earnings declining from S$65.7m to S$60.7m in the current quarter. There was marginal share price correction post results. We expect the counter to drift lower in the coming months due to earnings growth concerns and still hefty valuation premium.
SEMBCORP MARINE 3Q19 LOSSES BALLOONED TO S$53M. WHAT YOU SHOULD KNOW. Sembcorp Marine’s 3Q19 losses were likely higher than what the market expected. We expect the counter to announce full year losses in excess of S$100m for 2019. Outlook is unlikely to improve drastically in 2020, with the counter running the risk of fully depleting its order backlog by mid-2020 if new order wins fail to materialise. We see a consolidation between Keppel O&M and Sembcorp Marine, spearheaded by Temasek as the ultimate END GAME for our local shipyards.
TOP 10 HOTTEST STOCKS THAT SUPER-INVESTORS ARE BUYING. We highlighted 10 stocks that were recently purchased by super-investors in the last quarter. While stock-picking might not be the forte for most, following the picks of these super investors will greatly enhance the odds of picking the “right” stock.
FSMONE NOW THE CHEAPEST REGULAR SAVINGS PLAN (RSP) OPTION. We believe that FSMOne recent introduction of a low-cost RSP ETF plan is a major game changer. Not only are they charging the lowest cost (only 0.08% with min of S$1) among the brokerages, but their wide variety of ETF (40 global/local ETFs) options allow for portfolio diversification all in a single location.
Blog Posts
JL Colin, a notable figure in the world of personal finance, wrote about his own personal experience of what a new car really cost him over the years. In total, he spend US$63k over the 13 years of ownership or an average of US$5,154/year. His conclusion is that if you want to buy a new car, go for a base model of a mid-level car. If you want all the luxuries, jingle and bells that comes with a premium brand, buy a used car.
- November 2019 BTO Launches, Brutally Ranked by Seedly & 99.co
With 3 candidates in the recent November BTO Launch, the team from Seedly concluded that the Tampines BTO is the best choice. Their reasons are 1) Close proximity to MRT, 2) Access to a number of shopping malls, 3) Close to public facilities like swimming pools and libraries as well as 4) only 10-mins drive from IKEA and Giant. They believe that the demand for this BTO will be extremely high. For the other two candidates (Ang Mo Kio and Tengah), the main draw down is the lack of easy access to the MRT. The BTO at Ang Mo Kio is situated pretty far from the central area while the Tengah BTO, a massive 3,460 units being made available, is likely going to be the pioneer of the area, which means it is seriously lacking in amenities.
WRAPPING IT UP
That’s all for this edition of Academy’s Finest. Have a great week ahead everyone!
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