Lone wolf investor

  Eduardo Masferré Philippines 1909-1995 Woman with Pipe circa 1954 Collection of National Gallery Singapore  Market Summary 6-12 Mar 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - Powell reaffirmed of higher and potentially faster interest rate hikes, emphasised debate still under way  - California banking regulators closed Silicon Valley Bank, putting it into receivership, to disposal its assets to protect despositors   - SVB is seeking a buyer after regulators closed its bank unit, transaction might involve selling assets piecemeal or as a whole  - US 4 largest banks saw stock prices lose cumulative US$52bn after trouble at SVB  - Yellen says working to address SVB collapse, but not looking at bailout, wants to avoid contagion  - US consumer debt across all categories totalled US$16.9 trillion in 2022 YoY, up by US$1.3 trillion, delinquencies all up  + US private employment up by 242,000 in Feb, increased more than expected: ADP + US payroll rose 311,000 in F...

US government steps in and backstops SVB depositors https://www.cnbc.com/2023/03/12/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard   Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  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 whats...

  All the informations from the experts across all news media. This is the current situation facing the bank. The US treasury had forcefully taken over the bank. 1.) The collapsed was due to mismatch of long term investment vs short term funding needs. The bank had a good chunk of their capital lock in long dated treasuries couple with the withdrawals of funds by institutional depositors. They have to sell their long dated treasuries and mortgage backed securities to meet the short term outflow of their deposit in process suffering a 1.8b loss on investment. The cash call of 2.25b sent the depositors fleeing. In layman term “a bank run” 2.) The year long interest rate increase by Fed cause those long dated bond to fall in value. Given the pressing needs to meet the withdrawing customers, they have to sell the bonds at a huge discount to realise the losses on their investment. Under normal circumstances, underwater long dated treasuries and mbs need not be marked to market if it is ...

  I have taken a position in Haw Par Corp(HPC). I am sure a lot of value investors would have long drawn to this deep value company. Haw Par Corp has three core businesses, one part healthcare, one part investment and one part leisure. The two main businesses which generate the most profit for the group are healthcare and investment. Healthcare    (A range of ointments well like by generations)  Tiger balm brand is very well established in Asia, very popular with tourists buying back as a gift for their friends and relatives when they travel to Singapore. The Singapore heritage brand was founded by the Aw senior in 1870s. The healthcare unit generates a steady profit for the company in the range of 30-40m a year. Investments The investments portion mainly comprises a 4.4% stake in UOB and a 8.5% stake in UOL are the prime cuts of the “mix grill”. Dividends from both companies amounting to 104m making up most of the HPC’s 148m profit in FY 2022. The market value of UO...

  (About the Author) The book ‘The Case For Long-Term Value Investing’ by Jim Cullen on surface looks like a boring book with alot of boring data and statistics for a hard read. To my surprise the author with his illustrations of graphs and charts made it a much lighter book to read. As a value investing practitioner myself or at least trying to be one, this book help to sharpen my thoughts on things to look out for when hunting for value stocks. Two sets of data stands out. Portfolio return on stocks with low p/e and high dividend yield beats high p/e and low yielding stocks by a wide margin over a period of 5 years and beyond. I have long suspected value investing is the alchemist formula to investment success. The book has vindicated my suspicion value investing works! Hours spent reading annual reports didn’t turnout to be a futile exercise.  The author gave some very compelling examples by picking stocks with the cheapest 20% by valuation and top 20% by dividend yield. St...

  I had decided to sell off the small position in Lendlease Reit with a small profit. LWF also walk away with 2.45c in dividend. LWF holds no portion in the counter. A few things which I don’t like  1.) The rising 10 years bond yield leading to higher risk free rate and potentially higher borrowing cost for the reit. 2.) Lendlease reit manager selling shares in open market 3.) The issue of scrip dividend which had a dilutive effect.  Cash will be redeployed. Thank you. God Bless! Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  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 informatio...

Low Kway Song Singapore 1889-1989 Thai Pyramid Temple circa 1923 Collection of National Gallery Singapore  Market Summary 28 Feb – 4 Mar 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - Fed expects more monetary policy tightening, period of below-trend growth as it continues to knock inflation down to 2% + US consumer spending up by most in 2 years in Jan; surge in wage gains, robust job growth, lowest unemployment >53 yrs   - US manufacturing PMI up by 0.3% MoM to 47.7 in Feb, up from 47.4 last mth, down from 58.6 YoY  - US Consumer Confidence Index at 102.9 pts in Feb vs revised figure 106 in Jan, well below expected 108.5  - US employment index fell to 49.1% in Feb from 50.6% in Jan, entering contraction territory  - US prices index reaching 51.3% in Feb, significantly up from Jan’s 44.5%   + US services PMI at 55.1% in Feb, almost unchanged from 55.2% in Jan  + US govt requires chip makers that want subsidies to share excess profits and provide childcare for emp...