Lone wolf investor

  (Credit: Freepik.com) Lone Wolf Fund(LWF) Portfolio as at end of December 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  Now and 2024 The market in 2023 had not been easy due to where I choose to “fish”. The high borrowing rate and high inflation had an impact on the profitability of local companies. The difficulty was compounded by poor sentiment in our market. I share the same frustration with many local investors, our market is sick. The patient needs to be treated. There will be no miracle cure if the exchange and policymakers leave the stock market on its own. Our market abysmal performance stands in stark contrast to Wall Street’s bullish rally. Driven by the rebound in tech, S&P and Nasdaq had a field day(year). Each index showed a high historical double digit gain i...

  SIngapore Savings Bonds result for Jan 2024 was a pleasant surprise. All those who applied within individual limits, get full allocation. Congratulations to those who got it. Next month issue will be less attractive than this 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 believe a...

  Wishing everyone a Merry Christmas and a Happy New Year, may all your dreams and wishes come true.  Market Summary 18-24 Dec 2023 *USA*  + US 12-mth PCE price index increased by 2.6%, down from Oct’s 2.9%, annual inflation slowed further <3% in Nov + US GDP increased at 4.9% annualised rate in Q3, revised down from previously reported 5.2% pace  + S&P 500 registered longest weekly win since 2017  + US 10-year treasury held below 3.9% at near 5-mth low  + US new orders for manufactured durable goods surged by 5.4% MoM in Nov, revising a 5.1% decline in Oct  + US consumer sentiment revised higher to 69.7 in Dec from preliminary of 69.4, hitting highest reading in 5 mths  - US new single-family houses sank by 12.2% MoM to seasonally adjusted annualised rate of 590,000 in Nov  - US Commerce Dept will begin gathering information on Chinese Chipmakers as Biden mulls tariffs  - US Supreme Court declined to hear case that will decide wh...

  (Credit Sony Pictures; This is your Captain Phillips speaking, we are under attack from the Houthi) The huge drop in Jan SSB’s yield came as a shock to me. If this is not shocking enough, I have more shocking news for you. Feb 2024 SSB’s yield will be missing its 3 handle, not even 2.9%, more likely between the range of 2.7-2.8% base on the lower yield seen on 10 years SGS bonds. The drop in SSB’s yield was substantial given the recent Dec issue(last month) was 3.4%. This month SSBs will be hotly pursued by yield-hungry savers. The closing date for this month SSBs fall on the 26th Dec. Good luck. The reason for the falling SSB’s yield was due to the Federal Reserve changing their interest rate outlook. The market is expecting more than three cuts to the Fed fund in 2024. In my opinion, the market might have overreacted. As a market pundit, I am estimating the Fed fund to come in around 4.75% at the end of 2024 which is two 2nd half cuts.  The recent attack by the Houthi on c...

  Manila Galleon Exhibition@ACM Singapore  17 Nov 2023- 16 March 2024 Market Summary 11-17 Dec 2023 USA USA USA USA USA + Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%, 2.2% by 2025, reach target of 2% in 2026 + US inflation slowed to 3.1% annual rate in Nov  + US retail sales rose 0.3% in Nov vs expectations for a decline of 0.1% - S&P Global Flash US Manufacturing PMI fell to 48.2 in Dec, lowest in 4 mths, vs 49.4 in Nov  + S&P Global US Composite PMI rose to 51 in Dec, marking private sector’s 3rd straight mth of growth, fastest pace in 5 mths  + S&P Global US Services PMI rose to 51.3 in Dec from 50.8 in previous mth  + US manufacturing output rose 0.3% in Nov, lifted by rebound in motor vehicles, business activity picks up in Dec  + US wholesale prices unchanged in Nov, providing a leading indicator that inflation is easing: Labor Dept  + US 10-year Treasury yield fell 35bps toward 3.9% to 5 mths low...

  Given the strong Singapore dollars, there is never a better time to travel for an overseas holiday. Ho Chi Minh City, a 2 hours flight from Singapore represents an excellent value for money proposition for a quick getaway.  Here are my top five Wolf Bargains in HCMC.  Grab Ride hailing service in Vietnam is dominated by Grab. One could travel to different parts of Ho Chi Minh City within District 1 for less than 60,000 VND or $3.3 SGD per ride. Each Grab Bike ride is half the price of a Grab car. Grab Ride hailing service helps act as a bridge for the lack of public transport options within the city. The speed of service is good. Ho Chi Minh City will be opening their first metro line in 2024, finally, after a 12 years construction. It will make traveling within the city much more convenient. (GRAB dominates the Ride Hailing industry in HCMC) MCDONALD’s If you are traveling with diet picky kids. Having a few McDonald’s outlets near your hotel at your disposal can save y...

   Macaws and their Symbolism@Topical Exhibition National Gallery Singapore from 18 Nov 2023 to 24 March 2024 Market Summary 4-10 Dec 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US consumers’ outlook for inflation in the year ahead plunged to 3.1%, lowest since Mar 2021  + US economy added 199,000 jobs in Nov, surpassing 150,000 in Oct vs expectations of 180,000 gain  + US consumer confidence surged to 69.4 in Dec, rising form 61.3 in Nov, surpassing market expectations set at 62 + US consumer sentiment surged to 69.4 in Dec rising form 61.3 in previous mth, vs expectations set at 62 - US to buy oil for strategic reserve monthly through at least May  - US Strategic Petroleum Reserve stockpile at its lowest in <30 years: industry association   - US oil producers to slow capital spending in 2024: Evercore  + US jobless rate fell to 3.7% in Nov from 3.9% in Oct - US consumer credit up by US$5.13bn in Oct, from US$9.06bn rise in previous mth, misses estimates...

  (Vietnam’s Legendary Revolutionary Leader, Ho Chi Minh) (The beautiful 5 stars Rex Hotel at downtown, HCMC) Hello or Xin Chào in Vietnamese. For the past week, I went on a trip to the former Capital City of South Vietnam, Ho Chi Minh City also known as Saigon. (Ho Chi Minh City Hall, A French inspired architecture) I have written a few commentaries about Vietnam in my blog on several occasions due to my investment in Boustead Singapore and Valuetronics. Both companies have a strong presence in the country. There are so many good things to talk about Vietnam, I can almost pass off as an unofficial influencer for the Vietnam economic promotion board. During my trip to Ho Chi Minh City, I can sense a new dawn for this awakening mini-dragon. The country gives me the same kind of vibes which I had on my trip to China in the early 2000s, just before China’s powerful growth in the next decade. If China had done so well by opening its economic doors, Vietnam could potentially be like Chi...

  It had been another year of fun and self learning. I had a lot of good food, bought a few good stocks, make a bit of capital gain, read some very impressive books and commented on some topics close to my heart. Thank you for joining me on my journey of discovery.  Below are some highlights of 2023 Wolf Bargain(shiok circuit) https://lonewolfinvestor.blogspot.com/2023/04/wolf-bargainshiok-circuit.html Wolf Bargain(Hawker Gems, Cheap Cheaper Cheapest!) https://lonewolfinvestor.blogspot.com/2023/07/wolf-bargainhawker-gems-cheap-cheaper.html Wolf Review(Musings 2 by George Yeo, co-created by Woon Tai Ho) https://lonewolfinvestor.blogspot.com/2023/09/wolf-reviewmusings-2-by-george-yeo-co.html I had wrote things in my blogs that are utmost concerning to me, below are three issues I had highlighted during the year. Wolf Money(portfolio update for end May 2023)part 1 https://lonewolfinvestor.blogspot.com/2023/05/wolf-moneyportfolio-update-for-end-may.html Meritocracy in our society ...