Lone wolf investor

  https://links.sgx.com/FileOpen/20240429_GEH_1Q24%20Financial%20Summary.ashx?App=Announcement&FileID=800968 News just out this morning. Great Eastern Holdings reported a 26% increase in Q1 profit due to a more favourable market condition. The 34% increase in new sales also drove up the profit. Base on current run rate, achieving 1b net profit for FY2024 is a possibility. Overall a Great result. More detail 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 personal advice from your professional investment advisor and to make inde...

  (Sophia Koo Sze Min Year 4 student with SOTA) Market Summary 22-28 Apr 2024 *USA*  -US GDP adjusted for inflation grew at 1.6% in Q1, slowest in nearly 2 yrs, consumer prices rose at 3.4% in Q1 -US S&P Manufacturing PMI declined to 49.9 from 51.9, Composite PMI fell to 50.9 from 52.1, Global Services PMI lower to 50.9 from 51.7 in Apr    -US year-ahead inflation expectations complied by Uni of Michigan rose to 5 mth-high of 3.2% in Apr, vs 2.9% in Mar   -US consumer sentiment revised lower to 77.2 in Apr from preliminary of 77.9, vs 79.4 in Mar + US durable goods orders up 2.6% or US$7.3bn in March at US$283.4bn  + US Q1 estimated earnings growth looking stronger at nearly halfway mark of reporting period + Blinken in Beijing for talks with top Chinese officials  -Biden has signed a new law could potentially lead to TikTok being banned in US  + US GDP growth for Q1 could be revised higher after more data is in hand and inflation will ease to...

  The demand for SSBs is still below trend. Out of the 900m available for applications, only 289.6m found buyers. The higher SGS 10 years yield throughout the month may have impacted demand. Next month SSBs is likely to offer higher yield. 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 beli...

10 things you need to know about Great Eastern Holdings AGM 2024. First and foremost, I would like to thank the Chairman for his patience in answering shareholders’ questions. He is calm and respectful. He set a high bar for others to follow with his grace. I thank the management for taking time in answering my questions. My thank you also goes to Chin Woo for galvanising the minorities. The minorities have a competent leader. My apologies for my limited bandwidth if I miss out anything.  1.) The AGM was held at Great Eastern Centre@ 1 Pickering Street. It was a capacity crowd with almost 400 shareholders in attendance. Given the small float of GE shares, it is amazing to see such a large turnout. I had a good time interacting with other shareholders. (Full capacity) 2.) The all important Lone Wolf AGM buffet rating….drum roll…. 5.5 out of 10. It was nothing special. Mapo Tofu could be less spicy.  (The mapo tofu pack a punch) 2.) The high turnout didn’t surprise me. The recen...

  (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...

  The yield on SSB is creeping up slowly as 10 years SGS yield is on an uptrend. The rise in 10Y UST yield is having an impact on our own 10 years. The higher and longer interest rate narrative by the Fed is putting pressure on bond prices. There is a good chance next month SSBs yield will be higher than the current issue. Closing date for the current issue ends on 25th April 2024@9pm. Good luck.   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 ...

  (Contents) Welcome to another book recommendation. When this book was out a couple of months back, I knew I was going to get one. The subject person of today’s reading happens to be the Legendary Chairman, Kwek Leng Beng of City Development Limited.  Strictly Business, The Kwek Leng Beng Story by Peh Shing Huei is probably the only book written about the Chairman and his company. He is well known in the business circles for not giving many interviews or ever had a book written about him before this latest title. After much persuasion from his friends, he thought it might be time to give his thoughts on how he sees his family, friends and business.  If one mentions Kwek Leng Beng, one can’t go on without mentioning his father, Kwek Hong Png, who had a profound role in shaping his business philosophy. His father came from Fujian, China, seeking a better life in Singapore by working for his uncle’s company supplying construction materials. He eventually founded the Hong L...