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 The Star Media) (Swamp of people going into Shenzhen) Bye Singapore! Hi Malaysia, 2026 This write-up was inspired by a video posted on YouTube. The video talks about Hong Kong hollowing out by Shenzhen. The recent phenomenon of Hong Kongers going to Shenzhen to play, eat and stay is gathering pace with close to 2 millions making the crossing to Shenzhen during the recent Easter Holiday. That is close to 30% of the current HK population leaving for Shenzhen. With deflation taking root in China, things are much cheaper in Shenzhen. The poor economy in HK is another push factor with Hong Kongers trading down their consumption. One traveller from HK mentions his spending in the mainland only cost him 1/3 of the usual price he paid in Hong Kong. Hong Kongers are shopping at Sam’s Club in Shenzhen buying everything from groceries to electronics. The commentator interviewed restaurants and shop owners in HK, most experienced a 30% drop in sales during the holiday. *T...
(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...
(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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