Lone wolf investor

Mochtar Apin Indonesian 1923-1994  Batik Variant Truntum II cicra 1985 Collection of the National Gallery Singapore Market Summary 7-13 Jun 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US CPI jumped 5% in May to highest since 2008; oil prices rose to pre-pandemic level, supply chain disruption drove up prices  + US consumer sentiment roe in early June, preliminary estimate at 86.4, up from 82.9 in May  + US posted record 9.3m job openings in April, up by 12% MoM, however employers hired just 6.1m, up 1% from March  + US 10-year Treasury yield falls to 3-month low of 1.43% despite inflation fears + US-China agree to push forward trade, investment ties in 3rd call between senior officials - Biden revokes Trump-era TikTok, WeChat ban orders, but orders to conduct security review of apps related to China  + US household net worth surged to fresh record to US$136.9 trillion in Q1, propelled by gains in stock prices, home value + US CDC has eased travel recommendations for ...

  Another day another IPO on Catalist, this time OTS Holdings Ltd. This IPO has nothing to do with elevator(OTIS). The company is known for their Made in Singapore, Taiwan Sausage and Luncheon meat under Golden Bridge brand. Personally I am not a fan of processed meat but I did try out their products, the black pepper luncheon meat is rather tasty.  The company is offering 41m shares including 6m vendor shares through placement, only 1m is available for public subscription at 23c. I am a bit half hearted in writing this blog. The financial figures look all right but there are only 1m shares for public subscription which mean most people will get little or no share when they apply for the public tranche. The low number available for public tranche will ensure the IPO will be many times over subscribed. SGX should mandate any IPO aspirant to have a min size of at least 10 percent of newly issued shares to be make available for public subscription or else what the point of callin...

“The 25 Habits of Highly Successful Investors” is written by Peter Sander who happens to be the author of  “Value Investing for Dummies” and “101 Things Everyone should know about Economics”. In the book, the author list out 25 habits of highly successful investor. I personally deployed some of the habits in my investment. There are a few habits which I would like to mention specifically  . He mentioned about habit 1 “Knowing Yourself”. Knowing oneself or self realisation is very important. It will set your mind on why you want to invest? what is your expectation? how much risk tolerance can you take? Drawing on my past experience as ex broker, I used to have a client who is always at the cliff edge when it come to her stock investment. After checking the fundamental of the company with me, she executed her buy orders. The very next moment she felt the stock might be too risky for her and she wanted out immediately. She will always ask me these two questions in quick successio...

Gog Sing Hooi 1933-1994 Chinatown, Singapore circa 1980 Gift of DBS Bank Ltd, collection of National Gallery Singapore  Market Summary 31 May – 6 Jun 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + Democrats offer US$547bn for infrastructure ahead of Biden’s meeting with Republican Senator   + US business PMI increased to 64 in May from 62.7 in April: ISM  + US manufacturing index rose to 61.2 in May, on 12 straight month expansion  + US jobless claims down 20,000 to 385,000 in May 29 week, below 400k for the first time since March 2020 + US economy added 559,000 jobs in May, unemployment fell to 5.8%  + US private payrolls rose by 978,000 in May, accelerated at its fastest pace in nearly a year, vs 680,000 estimate: ADP + US average hourly earnings for workers in leisure and hospitality rose to US$18.09 in May to highest ever  - US wants to correct China trade ‘imbalances’: Tai  - Nations across the world have to diversify more as US is using dollar to put poli...

What am I doing here at Plaza Parkroyal at 6.40am? I have not woken up so early to do a blog. I am here at Plaza Parkroyal in June to buy tarts made by June Bakery. It is June and June bakery, anyone get the link here 😎☃️. June Bakery has been in operation for more than 20 years. They operate out from a little shop at the basement of The Plaza Shopping Arcade.  If you want to buy their tarts, you need to be early, I mean very early. The tarts get sold out within an hour or two after 7am. Do expect a queue after 7.30 am. Queue can be 20 paxs strong.  June Bakery is de authority for yam tart or what Teochew called Or Nee tart. The yam tart has a nice “yammy” flavour to it. This is the real deal. I have tasted other yam tarts before most tasted just sweet, nothing else. Most of them lack the earthly taste of real yam. The ginkgo nuts give the tart that bitter sweet fragrance. June Bakery uses good ingredients for their tart. The freshly made tart come with a good crust, a balanc...

Warning !!! long post  Lone Wolf Fund(LWF) Portfolio as at end of May 2021. 1.)  Nam Lee Pressed Metal 2.)  Pico Far East (hk.0752) 3.) Singapore Medical Group   4.) Cash *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell. Commentary   Most markets went through a volatile month of May. With Nasdaq and tech stocks starting the month with some heavy correction. STI was not spare from the volatility. By middle of May our index was close to 7 percent down from April due to confluence of negative factors arising from weakness in US market and our government reimposing a partial lockdown due to surging covid-19 cases. It caused STI to drop quickly as the market participants reassess economic and market risks associating to the partial lockdown. A big crash in cryptocurrency occurred in May. At the lowest point bitcoin was down 40 percent from its high. In general cryptocurrency had a bad month. US market...

Singapore Courtyard@Former City Hall Building National Gallery Singapore  Market Summary 24-30 May 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US unveiled US$6 trillion budget proposal that would ramp up spending on infrastructure, education and climate change  - Republicans unveiled US$928bn over 8 years infrastructure counter offer vs Biden’s original US$2.25 trillion   + US jobless claims fell again to fresh pandemic low to 406,000 from 444,000 prior week  + US consumer spending rose 0.5% in April  - US fiscal 2022 budget plan will push debt above size of US economy, but will not contribute to inflationary pressures: Yellen  - US labour market tightening than many appreciate, calls for taper talk: Fed’s Kaplan  + US economy growth in Q1 unrevised at annualized 6.4%  + US proposed US$52bn boost in govt funding for semiconductor production and research could result in 7-10 new factories  + US senate advanced sweeping package of legislation intende...