Lone wolf investor

  (Merry X’mas and A Happy New Year everyone) Lone Wolf Fund(LWF) Portfolio as at end of November  1.) Cash 2.)  Valuetronics Holdings Limited   3.)  SBS Transit   4.)  Boustead Singapore(BSL) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   The Cashare portfolio of companies continue to offer stability to Lone Wolf Fund. Just to recap on my pivot into buying companies with huge cash or cash equivalents in their books. The huge cash pile adds to earnings growth of SBS Transit, Valuetronics and Boustead in the recently concluded earnings season due to tailwind from higher interest income. All companies in my portfolio had shown an improvement in earnings even though some companies’ revenues were lighter year on year. The high cash holdings will probably keep all the companies in portfolio out of trouble for the foreseeable future. There are possibility of those compan...

  Result for Dec SSBs is out. Unsurprisingly the Dec issue saw overwhelming interest from investors due to high yield. Those who applied $20,000 or below get full allocation. An additional $500 were given to 27.83% of applicants who applied more than $20,500. Congratulations to those who got the issue. 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 com...

(Landmark 81 Skyview@Ho Chi Minh City)   Market Summary 20-26 Nov 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US black Friday shoppes spend a record US$9.8bn in US online sales, up 7.5% YoY  - US Oct existing home sales fell 14.6% YoY to 3.79m units as median price up 3.4% to US$391,899 - US-EU delay a trade meeting due to take place next mth amid deadlock in negotiations   - Citigroup to layoff >300 senior manager positions  - US transition to EVs faces delays with concerns about vehicle range and limited charging capacity + Tesla ready to invest up to US$2bn in India if the govt approves a concessional duty of 15% of its imported vehicles first 2 years  + US EV sales expected to hit record 9% of all passenger vehicles  - Nvidia delaying launch of new AI chip it designed to comply with US export rules unit Q1 24  - Ford to scale back plans for US$3.5bn battery plant as EV demand disappoints  + Sam Altman will return to lead OpenAI, fires Board that ...

Lone Wolf Investor will be taking a 3 weeks break for a holiday. Updating of the blog will be patchy. Have a great December holiday everyone. God Bless. 🙏  

(Image credit: benchmarkseniorliving) Old is gold I never quite understand the true meaning of the phase until I reached a more advanced age now. We treat old paintings and old historical artefacts with great care. Old wines and vintage cars commanded great value at auctions. It is one's great fortune to receive a grandfather’s bequest of a Mercedes 300 SL Gullwing. A model was sold for USD $6.8m in 2022 which was bought in the ‘50s for slightly less than USD$ 7,000 or USD $71,000 equivalent in today's money. In recent times, I can’t pass a week without my government reminding me about the ageing society issue having an impact on our economy. In the recent announcement of forward sg, the government announced a broad range of initiatives to have seniors aged well in our society. There are a few points which I would like to talk about from my own observations.  Assisted living/daycare facilities   There is a lack of affordable assisted living/daycare facilities for seniors who d...

Low Kway Song Singapore 1889-1982 Sultan in his Chambers circa 1930s Collection of National Gallery Singapore Market Summary 13-19 Nov 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation flat in Oct from previous mth but increased 3.2% YoY, both below WS estimates  + US wholesale prices in Oct posted biggest decline in 3.5 years, PPI down 0.5% in Oct, biggest mthly drop since Apr 2020  - US manufacturing output fell 0.7% in Oct, data for Sept revised to lower to show production up 0.2% instead of 0.4% + US retail sales fell 0.1% in Oct MoM, ending 6 straight mths of gains, partly driven by falling prices of gasoline and cars  + Biden Xi meet in San Francisco Baay area on sidelines of APEC  + US-China agreed to start talks on AI and commit to working toward further increase in schedule passenger flights early 2024 - US auto strikes sank manufacturing output in Oct  + US GDP is projected to expand 2.1% in 2024 on full-year basis: Golden Sachs  - Americans fili...

  (Credit: MAS)  The average 3.4% yield for Dec issued SSBs has the highest yield for the year. Yield hunters are likely to take notice of this month issue. Dec issue is likely to be over subscribed as yield for Jan issue is likely to be lower than Dec issue due to falling 10 years SGS bonds yield. Dec SSBs had similar yield of 3.3% for the first 6 years, slowly increasing to 3.68% on the tenth year. Good luck to those applying. 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 inve...

  (If Cash machine has a name, it is call Boustead Singapore) Boustead Singapore reported a 19% increase in net profit excluded one off. Revenue for the reported half year was up 49%. Almost all business units experience growth with the exception of healthcare. The company is purposing 1.5c dividend, payable on 1 Dec 2023. I find the result quite impressive given last year there was a $11m currency gain. The result was a 10% improvement if currency was taken into account. Net cash per share had risen to 79.5c per Boustead Singapore share which represents close to 93.5% of the current market capitalisation base on last traded price of 85c.  The company had purposed an exit offer of $1.18 per share for Boustead Projects shareholders. Congratulations to the minority shareholders of Boustead Projects, your resolve had finally paid off. A resolution on the majority owner to accept the new exit offer needs to be voted by independent shareholders of Boustead Singapore. More detail at...

  (Prominent shop located at the junction of Paya Lebar & Geylang Road) (The magical door into the Christmas wonderland)  There is one special shop in my neighbourhood that caught my eyes. The shophouse is prominently located at the junction of Paya Lebar Road and Geylang Road. People who drove past that road can’t miss it.  Who on earth loves Christmas so much by calling themselves Henry Christmas Wholesaler? Amazingly the shop’s facade is decked out in Christmas decorations for 365 days. The only time I have seen a Christmas shop operating the whole year round is a shop named, The Nutcracker in Stratford Upon Avon, England, also the Home of Shakespeare. (Trees in all shapes,sizes and colours are on sale) Christmas trees in all shapes, sizes and colours are available. Shoppers can choose from the many paraphernalia associated to the festival. One could recreated the scene of The Church of Nativity by buying the whole set of the figurines. There are plenty of accessor...

Ibrahim Hussein Malaysia 1936-2009 Untitled (Rumble Period) circa 1960 Collection of National Gallery Singapore    Market Summary 6-12 Nov 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fed won’t hesitate to lift rates again if needed, not confident the inflation battle has been won: Powell  - Moody lowered outlook on US credit rating to negative from stable, citing large fiscal deficits, decline in debt affordability  - US debt interest bill tops US$1 trillion on annualised basis end Oct: Bloomberg  + Biden and Xi will meet next week  for talks on trade, Taiwan and managing fraught US-China relations  + US-China set to launch fresh round of economic and trade talks  - University of Michigan’s consumer sentiment index preliminary reading likely 63.7 in Nov vs 63.8 in Oct  + US unemployment benefit claims fell 3000 to seasonally adjusted 217,000 last week + US regulator plans to overhaul federal home loan bank system  + US 30-year mortgage rate tu...