Posts

Showing posts from June, 2023

Wolf Money(portfolio update for end June 2023)

Image
  (Image credit : Sony Corporation of America ; The dynamic duo of Wheel of Fortune) Lone Wolf Fund(LWF) Portfolio as at end of June 1.) Cash 2.) Bank of China(3988.HKG) 3.)  Boustead Singapore(BSL) 4.)  Haw Par Corporation(HPC) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Wheel of Fortune   My favourite TV host, Pat Sajak from Wheel of Fortune will be retiring in 2024. It is not absurd to be saying I had been watching him since I was a kid. Wheel of Fortune longest serving host is a mainstay of Channel 5 primetime. It is also the program which I enjoy watching with my son. I can’t imagine watching Wheel of Fortune without him. Pat Sajak is Wheel of Fortune, Wheel of Fortune is Pat Sajak. 😢 With the closure of Turf Club in 2024, I predict more people will be spinning their “Wheel of Fortune” in the casino. Gambling is in the blood of the Chinese. One can’t get into the mood of Chinese New Year c...

Wolf Money(Singapore Savings Bonds July 2023 result)

Image
  Result for July SSBs just came out. It had gotten poor response from investors. Only 136m out of 600m issues found buyers. Base on the current yield of 10 years SGS, there might be an uptick in yield for next month SSBs. Better luck next month. God bless. 🙏 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 selling, no obligation.  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 ...

Wolf Money(world market review 19-25 Jun 2023)

Image
  Now Boarding : Experiencing Singapore Through Travel 1800s-2000s exhibition@National Museum Singapore. Now-19 Nov 2023 Market Summary 19-25 Jun 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US Fed: more tare hikes are likely this year to fight inflation  - Powell: process of getting inflation back down to 2% has long way to go   - US biz activity fell to 3-mth low in Jun; services growth eased 1st time this year, contraction in manufacturing sector deepened  + US luxury sales increasingly coming from high-end shoppers are performing better  - US existing-home prices suffer largest drop since Dec 2011 + US smaller banks likely will be exempt from higher capital requirements: Powell  - US proposed bill targeting Chinese e-commerce firms which have been rising quickly   - US >50% of ppl don’t think they have enough in emergency savings  + Washington sate plans to require EV charging firms to include Tesla’s plug if they want to be part of state program  ...

Wolf Money/Bargain(Bangkok กรุงเทพมหานคร)

Image
  (The mile long jam) I am back after a short holiday to Bangkok. As usual the story telling part before I go into the bargain side of things. I heard the shocking news of the sinking of the Titan submersible during my trip to Bangkok. My condolences to the families affected by the tragedy.  As the richest of our society pushes the frontier of travelling, going to exotic destinations for extreme adventure is the last untapped goldmine of tourism. Going into space or deep diving to the deepest ocean where no man had went is an attractive proposition for Billionaires that have everything. Gone are the days where a shopping trip to London or Paris on a private jet can satisfied the most discerning Billionaire. Even a visit to Iceland had became common. Iceland was not known to be a popular travel destination just 15 years ago, it had grown to be the country of choice for people with money to spend. Btw Iceland is an expensive country to travel. The growing desire for the next tro...

Wolf Money(world market review 12-18 Jun 2023)

Image
  Wolf Holiday@Streets of Bangkok Market Summary 12-18 Jun 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + Fed pauses interest rate hikes after 15 mths, signals more increases will come  + US inflation rate eases to 4% in May, lowest level in 2 years YoY  + US consumer’s near-term inflation expectation dropped to >2-year low in Jun: survey  - Powell: probably we need about 2 years before we talk about rate cut - Powell: it may make sense for rates to move higher, but at a more moderate pace  + Fed officials see 3.2% inflation end 2023, 2.5% of 2024  - BofA expects Fed to deliver 2 more rate hikes; JPMorgan sees 1 more hike in July  + Blinken holds talks with Chinese FM  in Beijing during highest-level official visit in 5 years - US Treasury Dept placed 7 economies on "monitoring lists” for unfair foreign exchange practices: China, Germany, Malaysia, Singapore, S Korea, Switzerland, Taiwan - US judge blocks Microsoft’s US$69bn purchase of Activision  + Int...

Wolf Money(Singapore Savings Bonds July 2023 review)

Image
  At 2.82% yield, July SSBs issue is only a slight uptick in yield compare to last month SSBs, so far yield on the 10 years SGS is holding well above 3% for this month. If yield on the 10 years SGS doesn’t fall off the cliff for the next 2 weeks or so, August issue SSBs yield is likely to be higher than July. Closing date for this month SSBs fall on 26th June@9pm. Please consider follow 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 selling, no obligation.  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 deri...

Wolf Bargain(Tenya)

Image
  (Image credit : Tenya Singapore. The unmistaken Tenya mascot) Lone Wolf was invited for a taste review at Tempura Tendon Tenya, Orchard Central. This well known Japanese No.1 Tendon chain was established in 1986 at Asakusa, Tokyo, Japan. The first store in Singapore opened its door in 2020. Within the short span of 3 years, the local master franchisee had grown the number of outlets to 4 with further expansion in the pipeline. (Tenya Tendon starts at $9.50) I find the food excellent value for money. A bowl of Tenya Tendon cost no more than a tener, $9.50 to be exact. The pricing is almost similar to having a meal at a foodcourt. The secret to low price which I was told was due to bulk purchasing of ingredients. The owners good track record of running F&B venture and good relationships with landlords allow them to negotiate a lower rental was another factor for lower price. All those cost savings are passed on for the benefit of their customers. The Food I ordered a set of Tem...

Wolf Money(world market review 5-11 Jun 2023)

Image
  Chiang Yu Xiang Singapore  We Move This City circa 2023 Children Biennale 2023@National Gallery Singapore   Market Summary 5-11 Jun 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US trade deficit jumped 23% to US$74.6bn in Apr, widened by most in 8 years  + US shares struck new highs for the year on Fri, helped lift world stocks to 13-mth peak  - Yellen: US economy is strong amid robust consumer spending, while banks may struggle with commercial real estate and face some consolidation + Fed will not raise interest rates for the first time in over a year at it Jun 13-14 meeting: economists polled by Reuters + US household wealth rose US$3.05 trillion in Q1, household sector total wealth US$168.5 trillion, liabilities rose US$23bn to US$19.6 trillion  + US jobless claims totalled 261,000, well ahead of DJ estimate 235,000, highest weekly rate since Oct 31, 2021   - Americans filing new claims for jobless benefits surged to highest level in 1.5 yrs last week  + U...