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. 🙏
I sold my small position in Keppel at the price I paid. After studying the company financial. I felt the current price is fair based on their earnings alone. There might be upside if they are quick to divest their non-core assets. They have to be fast though, the market might not always be readily available for divestments. I find the general market to be complacent amid the poor economic news, stock prices still trending higher. Btw, my feeling towards the market has nothing to do with how the market will performed. An expensive market can last longer than one can stay solvent. Currently, LWF will be a lone stock punt on Comfortdelgro. More details at the end of month portfolio update. God Bless. I am current on a 2 weeks break. 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/join...
I bought an initial interest in the company. As promised, these are the pros and cons of the company. Pros 1.) The value of Banyan Group centred around the 4 square km of land in Phuket which they had acquired in the late 80s. The estimated value of that piece of land currently stands at $4b to $5b in the words of the management. The value of land has been kept at historical cost. 2.) The company has been slowly monetising the Phuket land through residential sales as a developer. This year they are going to book a revenue of $262m on the sale of their projects in Phuket, which is double of what they achieved last year. In total, $620m worth of residential projects were pre-sold. The sales will be booked progressively over the next three years. Their 86%-owned subsidiary, Laguna and Resort PCL reported a close to 250% jump in profit for Q1 25. Laguna and Resort PCL is the largest contributor of profit to Banyan Group. Laguna good result in the first quarter gives Banyan Group a go...
I eliminated my position in Genting SP today. Loss on the position amounted to less than 1%. I sold the share due to their poor results and the lack of capital distribution by the company. It has also hit my max loss allowance on the trade given I had risk more than 10% in gains for more upside. The 4q looks like a kitchen sinking quarter. More clarity will be needed in the upcoming 1Q26 update. I wouldn’t rule out getting back the share if their operation improved. More details at the end of month portfolio update. 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 ...
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