Lone wolf investor

  I am surprised the current month SSBs never got full subscription. Only 400m found buyers. The yield on SSBs had gone past the 6 months T-Bill. Next month, the yield on SSBs are going to lower. It follows the lower yield on the 10 year SGS bonds. 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 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...

  (Image credit: makeheadway.com) Market Summary 21-27 Apr 2025 *USA* -ICE US Dollar Index fell as low as 97.92 to the lowest level since Mar 2022   + Fed’s Hammack says Jun rate move in play if data is clear  -US consumer sentiment declined further in Apr to 52.2, down by 8.4% MoM n 32.4% on annual level, lowest since Jul 2022  -US PMI Composite Output Index at 51.2 in Apr, down from 53.5 in Mar, hitting 16-mth low  + US new home sales rise by 7.4% MoM in Mar to 724,000   -US existing home sales down 5.9% MoM in Mar, down 2.4% YoY to 4.02m, median home sales price up 2.7% YoY to US$403,700  -US mortgage applications observe a weekly plunge of 12.7%, purchase index down from 164.2 to 153.4, refinance index down from 841.9 to 673.6, average rate for 30-year fixed rate mortgages went up from 6.81% to 6.9% + US is planning to eliminate major funding that could cut billions in the budget proposal for fiscal yr 2026   + Trump said he’s open to talking ...

  (Large turnout, bigger than some GE rally) This year’s edition was held in Suntec City where the company welcomed 400 shareholders. I am excited to share my observations. Below are the 5 things you need to know about ComfortDelGro’s agm 2025. (Non-vegan menu) (Vegan menu) 1.) Let me start with the all important buffet. There was no buffet, but shareholders were given a bento set. I had the vegan set. It was quite unique. It is an adventure for my tongue to try something new. The bento was packed beautifully. All the greens you would associate with a vegan meal are all there. It is not too shabby to have it once in a while, but I wouldn’t recommend having it every day. Bento rating 6/10. The non-vegan bento yakitori set looks a lot better.  2.) The Chairman and CEO took turns to address the crowd. They were very patient in answering shareholders’ questions. Many questions about CDG recent acquisitions were asked. The management reassured prudences when they decided to do a de...

  (Image credit: headway.com) Market Summary 14-20 Apr 2025 *USA* -Trump and his team are studying whether firing Federal Reserve Chair Powell is an option -Philadelphia Fed Manufacturing Index down 39 pts to -26.4 in Apr, down sharply from 12.5 in Mar  -US reportedly launched probe into chip, pharmaceutical imports, as part of a bid to impose tariffs on both sectors -US average rate on 30-year fix mortgage backed by Freddie Mac surged to 6.83%, highest in 2 mths  + US building permits rose by 1.6% to seasonally adjusted annualised rate of 1.482m in Mar: preliminary estimate  -US homes selling at slowest pace in 6 years, with typical property under contract in Mar taking 47 days to sell -US housing starts stood at 1,324,000 in Mar, down by 11.4% MoM  + US initial jobless claims down by 9000 to 215,000 -California becomes first US state to file a lawsuit challenging Trump’s spate of tariffs that have upended global trade  -US reportedly may form task force t...

  (Image credit: Freepik.com) The return of Tariffs, Trade Wars and The Misguided Trumpism Under the backdrop of the US-China trade war. The stock market might have difficulty making headway. The rise in 10-year bond yields is uncomfortably high, given the US government has a lot of debts to roll over in 2025/26. Some experts put it at 9T for the next two years. Comparing to the 2.7% average interest cost previously. The high 10-year rates will cost refinancing to be much more expensive. Again I cited some experts giving a figure of around USD 330b more in interest cost for every 1 percent increase in interest rate. If the US government refinances those debts at a much higher rate, the economy will suffer greatly. What the government pays on their interests will deprive money that could be spent on juicing up their economy. The implications on debts-laden balance sheet of US companies will be devastating too. It is a phenomenon that some US companies like Berkshire Hathaway will ha...

  (Image credit: The Straits Times) I have submitted some questions for the up coming AGM. Below are some screenshots of my questions and the management’s replies. I will be attending the shareholders’ meeting on the 25th April@Suntec. I hope to meet the management and fellow shareholders. See you soon.  Below is the link to the full Q&A https://www.comfortdelgro.com/wp-content/uploads/2025/04/ComfortDelGro-20250417-Responses-to-Shareholder-Questions-Released.pdf 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...

  My last contributions to the Wilmar’s investing community before I sold the share today. Below were the questions I submitted before AGM. Question in bold. Can you provide the figure for the total shareholders' return for 3, 5, 7, 10 years respectively? The point of my question was due to poor shareholders' return over the past 3 years, where Straits Times Index is at 18 years high and Wilmar's stock price languishing at decade low valuation. 3. Is Wilmar doing anything to tackle the high gearing given the company needs to come up with more than USD 1b for the purchase of Adani Wilmar held by Adani at the end of this year. If I add purchase price to your gearing, Wilmar is trading close to 1x which in my view is high. The management might be comfortable with the seemingly high gearing, but the company shouldn't be oblivious to market perception. The underperforming of the company's share price in my view might be due to the high gearing. Your commentary. Our debts...

  I have decided to sell my Wilmar at the price i paid for. The selling was done with very in depth consideration. I am concerned with the escalation of the trade war. China GDP might look good in 1Q, but I expect 2Q to see the effect of the trade war. Wilmar with 50% revenue coming from China is likely to see softer demand from consumers due to a weaker economy. Lone Wolf Fund wiped the face for Wilmar position. Capital will be held as cash in the mean time. More details at 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 ...

  (Source: MAS) Welcome to another SSBs review. As a stock market pundit, I look at bond yields very closely. Bond yields of companies and countries can tell you a lot of potential credit stress. Those invested in bonds are what I classify as the smart money. Bondholders will be able to detect stress much early than the stock market.  This month SSBs yield is still attractive for people seeking safe haven for the next 10 years. Singapore Savings Bonds are also great interim tools for standby cash waiting for deployment while waiting for the stock price to goes lower in a recession. The recent cut in savings rate will prompt more demand for risk-free products. Closing date for applications fall on 25th April @9pm. 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/joincha...

  (Image credit: Parade.com) Market Summary 7-13 Apr 2025 *USA* -US govt bonds underwent big sell-off on Wed, at some points reached levels not seen since 2001  -US year-ahead inflation expectations quickened for 5th straight mth to 6.7% in Apr, steepest since Nov 1981  + US inflation adjusted 0.1% in Mar, putting 12-mth rate at 2.4% vs 2.8% in Feb; core inflation at 2.8% YoY, up 0.1% for the mth -US University of Michigan consumer sentiment plunged to 50.8 in Apr, lowest level since Jun 2022 from 57 in Mar   + US producer prices rose 2.7% YoY in Mar, easing from 3.2 increase in Feb, smallest annual gain since Sept  -US factory gate prices down 0.4% MoM in Mar, first decline in PPI since Oct 2023  -US core producer prices rose by 3.3%, the least in 6 mths, vs 3.5% in Feb  -US initial jobless claims rose by 4000 to 223,000  -US bond sell-off raised instability threat, influencing Trump tariff U-turn, ‘the worst self-inflicted wound’: Yellen -US 10-...