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Showing posts from February, 2023

Wolf Money(portfolio update for end Feb 2023) Long post!

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  (Brokers left and empty trading room were a common sight) Lone Wolf Fund(LWF) Portfolio as at end of Feb 1.) Cash 2.) Bank of China(3988.HKG) 3.) Boustead Singapore(BSL) /  Boustead Projects(BPL) 4.)  Lendlease Global Commercial Trust   *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   Disruption Galore   My thoughts and prayers to the people affected by the deadly earthquake in Turkiye and Syria. Wishing the victims a speedy recovery from the ordeal.  In 2000s, It was probably one of the worst possible timing to start my career as a stock broker, beside the market was still licking the wound bought on by the 2000 tech bubble crash, 9/11 and sars crisis. The stock brokering industry was one of earliest industry that got disrupted by the boom of internet. The age of internet ushered in the era of low cost online trading. With the birth of online trading, commissions were s...

Wolf Money(listen to Lone Wolf Investor Blog)

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There is a very useful feature in iPad and IPhone. A particular function call speak screen which allow the page to read out. This allow users to listen to my long blog, similar to audiobook. There are a few steps to set up Step 1 Click Accessibility Step 2 Click Spoken content Step 3 Click Speak Screen and Speak Selection. Step 4 Use two fingers to swipe down from the top of your screen to activate the function. Step 5 A control bar will pop out which allow you to skip paragraph or increase the speed of read. I find the function extremely useful for audio reading a long commentary on any website. Now everyone need not use more eye power to acquire knowledge. Try it today! Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourag...

Wolf Money(world market review 20-26 Feb 2023)

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Khamsouk Keomingmuang Laos 1942 Economic Catastrophe circa 2003 Collection of National Gallery Singapore  Market Summary 20-26 Feb 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + US Jan consumer spending up by most in 2 years; surge in wage gains, robust job growth, lowest jobless >53 yrs   - US home sales drop to >12 yrs low in Jan, marked 12th straight monthly decline  - US revised down GDP for Q4 to 2.7%, previously estimated at 2.9% annual rate last qtr  + Fed nearly all policymakers rallied behind decision to further slow the pace of interest rate hike: minutes  + US will resume economic talks with China at an appropriate time: Yellen  - US regulators warn banks to be on alert for crypto-related liquidity risks  - Wells Fargo laid off hundreds of mortgage bankers as part of strategic shift  + Boeing shifts focus to 6-generation combat aircraft, expects to hire more workers and build 3 new facilities  - US Airlines cancelled >1300 flights as win...

Wolf Money(Singapore Savings Bonds March 2023 result)

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  Result of SSBs result was a washout with less than half of what was available taken up. As observed, March yield was less attractive to next month SSBs that is likely to be above 3% on average.  Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warr...

Wolf Money(Boustead Projects sold)

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I have decided to sell out my position in BP in open market with proceeds rolling over to Boustead Singapore. In my personal opinion, the liquidity in Boustead Projects will be a concern for me going forward with concert parties already passed 80% threshold. More detail at month end portfolio update. God Bless 🙏 Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Theref...

Wolf Money(Boustead Singapore increase takeover price for Boustead Projects to 95c)

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 😑 Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

Wolf Money(Singapore Savings Bonds March 2023 review)

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  The average 10 years yield on SSBs for March 2023 came in at 2.9%. The yield is less attractive compare to next month, The 10 years sgs yield which the yield on SSBs took reference has been trading higher at 3.28% unless there is a sharp fall off from the current yield, next month SSBs will be more attractive, likely to be north of 3%. I observed the issue size of 600m is much lower than the past issues which peak out around 1b just a few months ago.  Closing date for current SSBs application is on the 23 Feb 9pm. God bless.  Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on in...

Wolf Money(Sarine Tech sold)

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  I have been stopped out for my position in Sarine Tech, I hold on to the stock as long as I could without suffering a loss till the sale. Lone Wolf no longer hold Sarine Tech. Detail at the end of month review. God bless. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in a...

Wolf Money(world market review 13-19 Feb 2023)

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  Eduardo Masferré Philippines 1909-1995 Man with Turban circa 1953 Collection of National Gallery Singapore    Market Summary 13-19 Feb 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation rose 6.4% in Jan YoY, price pressures remain   + US retail sales post biggest jump nearly 2 years of 3% in Jan after 2 straight monthly declines  - US manufacturing activity falling as businesses and households pull back spending + US import prices dropped for 7th straight mth in Jan amid declining costs for energy products, annual increase smallest in 2 yrs  + US producer prices rise 0.7% in Jan on monthly basis  + US jobless claims fell 1000 last week to 183,000 from 195,000 previous week, 5th straight week under 200,000 - US more Fed officials signalling interest rates need to go higher in order to successfully squash inflation  - US could face debt-cap crisis this summer without deal: CBO - US shortages in labour supply likely to continue: Fed’s Barkin  ...

Wolf Money(SIAS letter to Boustead Singapore asking for fairer offer)

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I have enclosed a link to SIAS letter asking Boustead Singapore for a fairer offer for Boustead Projects closer to NAV of $1.265. https://sias.org.sg/latest-updates/appeal-letter-to-boustead-singapore-for-fairer-offer/ A Poem within Seven Steps 曹植【三国】(cáo zhí, sān guó) By Cao Zhi, Three Kingdoms Period (AD 220280) 煮豆燃豆萁, (zhǔ dòu rán dòu qí,) Boiling beans by burning the beanstalks, 豆在釜中泣。 (dòu zài fǔ zhōng qì.) The beans are sobbing inside the pot. 本是同根生, (běn shì tóng gēn shēng,) Both of them were from the same root, 相煎何太急? (xiàng jiān hé tài jí?) Why should the beanstalk torture the beans so eagerly? Note: 釜(fǔ): pot in ancient China. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice fro...

Wolf Bargain(Working from MRT Staytion)

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(The letters “YTI” making up Staytion were inspired by mrt tracks which I was told ) (Lone Wolf doing some earth impacting work at Staytion@Paya Lebar) Covid 19 has brought on fundamental changes to how we work and play. Work from home(WFH) is one such trend arises from the aftermath of the pandemic. Just a few years ago one couldn’t imagine not going to office and still get proper work done at the comfort of your home. Zooming has allowed us to be more productive without the need to travel half way round Singapore and be physically present for work. What if the comfort of working from home is not possible due to screaming kids or the lack of proper working space? Fear not! Working near home can be your best alternative.  (Large desk good enough for 4) (Hot desking area) (Single pax private studio with decent desk space and comfortable chair) Staytion is one of the latest company to offer co-working space. The concept is as simple as providing the users with a comfortable and affor...