Lone Wolf Investor will be back in March

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Lone Wolf Investor will be back in March. Till we meet again. Have a profitable month ahead.

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Wolf Money(Genting Singapore)

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  (Image credit: Genting Singapore) The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I took a small position in Genting Singapore after the share hits 52 weeks low today. There are a lot of negatives surrounding Genting Singapore.  1.) Casino license renewed for 2 years instead of usual 3 years due to unsatisfactory performance. 2.) Poor Q3 results because of falling tourists numbers into Singapore, primarily Chinese tourists, and the poor win rates. 3.) The huge capex needed for rejuvenation of the RWS Sentosa to a tune of $6.8b over the next 8 years. 4.) Competition from other casinos in the region.  I find the entry level attractive given the 5.3% dividend yield, valuations of Genting Singapore has fallen to its lowest level since listing with exception to sharp and short drop during covid to 50c. The stock is trading at less than 1.1x p/b which compar...
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Wolf Money(Genting Singapore sold)

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  The stock had broken the support level at 72c. I am maintaining market discipline by selling the shares. The company remains undervalued, but the price action speaks otherwise. Given our market hasn’t been doing badly, the weakness in Genting SP is perplexing. There were news about Genting Malaysia joining the bid for Thailand casino license. I find it strange, as this will be in direct competition with Genting Singapore which is also bidding for the Thailand license, potentially driving up the price of the bid. If Genting Malaysia win the bid, will it be a direct competition with Genting Singapore for the same pool of players? I don’t know. Disappointed, I maybe, but life goes on. Lone Wolf had a 6% loss on Genting Sp’s position. God bless. Thank you 🙏  (Source: asgam.com) Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard se...
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Wolf Money(The death of the Singapore Stock Market-My view on the final offer for Great Eastern Holdings)

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(The Death of the Singapore Stock Market) Great Eastern Holdings(extract from end of month portfolio update) Today we are here to attend the funeral of the Singapore stock market. Besides the low valuation suffered by our market participants, investors of our market have to navigate the complexity of low ball offers from majority shareholders. One would expect a local banking giant to lead as a beacon for good corporate governance. Unfortunately, they have decided to turn a blind eye and join the dark side of the forces, blatantly ignoring the IFA report to pay a fair price for GEH. I could have walked away quietly by accepting the offer for a gain in excess of 40% in 3 months, but I can’t walk away without my conscience pushing me to express my thoughts on this whole takeover saga. I started the journey by supporting Chin Woo. His leadership is top-notch. I think most minority shareholders will agreed, without Chin Woo’s effort, the minority would have been in a much inferior position...
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