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Showing posts from January, 2021

Nam Lee Pressed Metal Industrial Limited covid 19 Vaccines Transportation play?

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I recently chanced upon a potential covid 19 vaccines transportation play. How can a metal company be involved?  Nam Lee make Aluminium frame for refrigeration container for Carrier global corp. Carrier global corp is the market leader for refrigeration container. Nam Lee has more than 90 percent of the revenue contributed by Aluminium product division with Carrier contribute close to half of that revenue. The revenue from Carrier global corp can’t be underestimated. The recent outlook from Carrier global corp is positive with strong demand for it refrigeration containers due to high demand for perishable. There are also talk of using refrigeration container for transportation of ultra low temperature vaccines.  Nam Lee trades at 34c with a 1.5c dividend payable in Feb. It is also trading at close to 45 percent discount to NAV of 60c. With demand for refrigeration container at all time high. Can Nam Lee benefit from it? You decide Please follow us on telegram for the latest update by c

Lone wolf investor opening line

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Welcome to my blog. I started the blog because I have plenty of time on hand and I am also very passionate about investing especially in Singapore equity. This is a blog to share how an ordinary working person can get just a bit ahead in life with proper well researched and  articulated investment. There are no quick bucks here. Just hardwork and grits. I have no incentive how well you do with your investment or how poorly you did but one golden rule I always remember. One can only be true with your own money and no one owe me a living on this earth. Be that Captain of your financial ship.  Why Singapore? Many of my friends had given up on our stock market but I truly believe there are plenty of merits of buying local. I have make my bucks with primarily local companies without going into option,overseas company, no leverage, no cfd, no currency adventure, no financial shenanigans and no Tesla. Merits are as below. 1.) Home ground advantage  2.) No currency risk if you are a local inve