Lone wolf investor

  (Fair value adjustment in Goto and Hermina caused an additional 5% drop in net profit) Result for PT Astra Int’l was within guidance of the management. 2Q result was down 9% compare to 1Q 14% drop. 2Q had a 5% improvement from 1Q. The management guide for resiliency for the rest of the year given their diversification across different industries. Mining and heavy machinery sales were the weak spots. More commentary in the upcoming 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 in...

(The entrance at Odeon 333 to Han’s cafe at b1) (All time favourite, fish & chips) (Aglio Olio) (Students get a 15% discount during weekdays) (The cafe with it unmistakable minimalism deco) Han’s cafe needs no introduction. It is one of the most successful local f&b in Singapore. The cafe is famous for their affordable western set meal and pastry. From Fish & Chips to Black Forest Cake. It is amazing how they have kept prices reasonable over the years. I was quite sad when they decided against renewing their lease at Central Library. I have been going to the Central Library outlet since their opening due to my frequent visits to the library. I can’t be more happy when I knew they have a new outlet just down the street at Odeon 333 a.k.a the former Odeon Tower. Han’s @Odeon 333 is their latest outlet. Given it is a new outlet, management has increases their presence at the outlet. Mr. Han, the second generation owner of Han’s was on location to greet the customers during the...

  (Source: MAS) The result for Aug 2024 issued Singapore Savings Bond is out. All applicants within individual limits got full allocation. A total of $944.2m out of $1b will be allocated. Congratulations to those who are successful. Next month SSBs will be less attractive due to lower yield seen on 10 years SGS. 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 compani...

Cheong Soo Pieng Singapore 1917-1983 At the Market circa 1964 Collection of National Gallery Singapore  Market Summary 22-28 Jul 2024 *USA*  + US GDP grew at 2.8% pace in Q2, better than expected: advance estimate  + US personal consumption expenditure price index edged up 0.1% MoM in Jun  + US year-ahead inflation expectations fell for 2nd straight mth to 2.9% in Jul, lowest since Mar, from 3% in Jun  + Joe Biden announced he will end  his presidential re-election campaign  + Fed seen on track for Sept rate cut after good inflation data  + US PMI Composite Output Index, take both services and manufacturing business activity at 55 in Jul, at 27-mth high  + US personal income rose 0.2% in Jun after advancing 0.4% in May  + US Services Business Activity Index climbed from 55.3 in Jun to 56 in Jul  -US manufacturing PMI down 2.6 index pts to land at 49.5, lowest pt in 6 mths due to worsening business conditions within the goods-produci...

  (Image credit: Westling headline; WWE Booker T) Booker T or Looker T? An interest group, SVCA which includes GIC and Temasek submitted a plan to the authorities to revive our stock market about two months ago. The market was once again filled with a glimmer of excitement and hope but the recent comments by GIC and Temasek regarding our market are confusing. It gives an impression, I support the idea of reviving the market but don’t come to us for solution. Temasek goes as far as saying  “Singapore market is not our primary concern”. If anyone is looking for “Booker T” to save the day, one will be hit by the disappointment with “Looker T” showing up instead.  The commentaries by GIC, Temasek and our minister in charge of finance were disappointing. The problem in our stock market has become a hot potato where no parties want to get involved. Temasek besides having its obligations to the government for managing the state funds. In my view, it acts as an implied custodian ...

  Ong Kim Seng Singapore 1954 Kampong Radin Mas circa 1967 Collection of National Gallery Singapore Market Summary 15-21 Jul 2024 *USA*  + US Philadelphia Fed Manufacturing Index soared to 13.9 in Jul, highest level in 3 mths  -US retail sales stalled in Jun from May, following upwardly revised 0.3% rise in previous period  + US business inventories rose 0.5% MoM in May, following 0.3% increase in Apr + US manufacturing production rose 0.4% MoM in Jun vs expectations of 0.2% increase  + US industrial production up 0.6% MoM in Jun vs expectations of 0.3% increase  -US export prices fell 0.5% MoM in Jun, vs downwardly revised 0.7% decline in May, import prices flat  -US weekly jobless claims increased 10,000 to seasonally adjusted 243,000 for wk ended Jul 13 vs expectations of 230,000 + US net foreign acquisitions of long-term securities, short-term US securities, banking flows at net inflow of US$15.8bn in May vs revised US$64.2bn inflow in Apr  -U...

  My readers can probably remember I had a humbling experience of losing half of my capital in GRAB test case 2 years ago. Here I am going back for the second time. I bought a small position in Nasdaq Listed GRAB Holdings. I hope it will be second time lucky for me. At time of writing, GRAB has no profit to show for. It is still a work in progress towards profitability. Base on my observation, their economic moats have increased. They seem to be gaining market share from their competitors. The company has become a dominant force in ride hailing and food delivery market in South East Asia. The company is ebitda positive. On my guesstimation, they are likely to be bottomline positive by end of 2025. They seem to be heading towards profitability similar to UBER’s path.  It is my wish to diversify into tech to give my portfolio a more balanced outlook. First support is at USD $3.5 and major support is at USD $3. They have a 500m share buy back program till end of FY2025 which act ...

(Source: MAS website) Welcome to Aug SSBs review. The current yield for Aug SSBs is quite decent. I will be rolling some of my lower yielding SSBs to the current month. One will be getting a starting yield of 3.19% for the first 6 years with yield slowly rising to 3.31% on the 10th year. Average yield for the 10 years duration is 3.22%. Sept month SSBs is likely to be lower due to the lower SGS 10 years bond yield. Closing date of this month application falls on the 26th July@9pm. Good luck. 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 professio...

  European Champion 2024 Spain Market Summary 8-14 Jul 2024 *USA*  + Powell: Fed will not wait for the country’s annual inflation to fall below target of 2% before introducing first cut in interest rates  + Fed faces cooing job market as well as persistently high prices; suggests it is moving closer to cutting interest rates    + US consumer price index fell for the first time in 4 yrs at 3% in Jun amid lower gasoline costs and moderating rents -Fed has quite a way to go in trimming the size of balance sheet with endpoint of quantitative tightening still uncertain: Powell -US Uni of Michigan’s preliminary consumer sentiment index down 3.2% at 66 this mth vs final reading 68.2 in Jun  + S&P 500 and DJIA hitting record highs on optimism that Fed will be cutting interest rates in Sept, hitting 33 times high this yr  -US equity funds faced first weekly outflow in 3 weeks, investors sold net US$3.57bn worth of US equity, partly reversing net US$8.56bn w...