Wolf Money(Banyan Group)sold another 20%

-

 


The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer.

Good morning, I usually don’t comment on partial sales of my share, but due to substantial interest in the stock and for the benefit of transparency. I have decided to disclose my partial sale of another 20% of my holdings due to the share breaking my trail stop. The sale has allow me to lower my holding cost to below sub 20c. The goal is to fully recover my invest dollar back. With the sale, I am holding 50% of my original position. It also put the Lone Wolf Fund in a favourable position to make a profit in Banyan barring any catastrophic event. The latest sale provided a gain of more than 57%. I will continue to hold the share with strict trail stop strategy in place. Thank you. 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 are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


Comments

Post a Comment

Popular posts from this blog

Wolf Money(Genting Singapore)

-
Image
  (Image credit: Genting Singapore) The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I took a small position in Genting Singapore after the share hits 52 weeks low today. There are a lot of negatives surrounding Genting Singapore.  1.) Casino license renewed for 2 years instead of usual 3 years due to unsatisfactory performance. 2.) Poor Q3 results because of falling tourists numbers into Singapore, primarily Chinese tourists, and the poor win rates. 3.) The huge capex needed for rejuvenation of the RWS Sentosa to a tune of $6.8b over the next 8 years. 4.) Competition from other casinos in the region.  I find the entry level attractive given the 5.3% dividend yield, valuations of Genting Singapore has fallen to its lowest level since listing with exception to sharp and short drop during covid to 50c. The stock is trading at less than 1.1x p/b which compar...
Read more

Wolf Money(Genting Singapore sold)

-
Image
  The stock had broken the support level at 72c. I am maintaining market discipline by selling the shares. The company remains undervalued, but the price action speaks otherwise. Given our market hasn’t been doing badly, the weakness in Genting SP is perplexing. There were news about Genting Malaysia joining the bid for Thailand casino license. I find it strange, as this will be in direct competition with Genting Singapore which is also bidding for the Thailand license, potentially driving up the price of the bid. If Genting Malaysia win the bid, will it be a direct competition with Genting Singapore for the same pool of players? I don’t know. Disappointed, I maybe, but life goes on. Lone Wolf had a 6% loss on Genting Sp’s position. God bless. Thank you 🙏  (Source: asgam.com) 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 se...
Read more

Wolf Money(Keppel Ltd)sold

-
Image
  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...
Read more