Lone wolf investor

  Bouncy Fun(Suntec City Mall) (Image credit : Suntec Mall website)  (The Bouncy Castle is huge, it got the kids excited) Suntec City Mall is organising a free Looney Tunes theme Bouncy Castle from 25 May to 25 June. If you have young kids, it will be a great place for them to burn their limitless energy. Just follow a few steps. 1.) Download the Suntec plus app. 2.) Head down to the mall starting 10.30am to register for a play slot. 3.) Each Suntec plus app can booked up to 4 slots of 20 mins from Monday to Friday and 2 slots for Sat and Sunday. A ticket for each slot is required. 4.) The playing time starts from 11am and end at 9pm with half hourly interval. (20 slots per day, first come first serve basis) 5.) Parent need to fill up the indemnity form before play are allowed. All safety rules are as follow. 6.) Suitable for Kids 4-12 years old with a minimum height of 85cm. 7.) At least one parent is required to keep a watchful eye on the kids. 8.) Limited slots are on a fir...

(Me and my trusty “steel horse” needing a break) (New outlet at Aperia Mall) Luckin Coffee has finally landed in Singapore, 5 years after their first store in Beijing and Shanghai. The Chinese challenger to Starbucks had a chequered history. Luckin Coffee Inc was caught in an accounting scandal a few years ago. Muddy Water Research had flagged accounting irregularities at the firm in Jan 2020. A full investigation was conducted by the SEC which discovered the company had inflated revenue by $300m. The case was eventually settled with the company paying a $180m fine to the Securities Exchange Commission. Trading of the company shares had since suspended. Before the fraud was discovered, I was contemplating buying their shares listed on NYSE as I felt the disruptor of coffee retailing had a sound business model which was different from the incumbent. Thank god I didn’t proceed. Fast forward from those trouble days, Luckin Coffee is currently the fastest growing coffee chain in China. The...

  (Image Credit : ACM,Singapore Heritage Board)  Andrew Gn Fashioning Singapore and The World Exhibition 27 May to 17 Sep 2023 @ACM  Market Summary 29 May-4 Jun 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US congress approved debt-limit raise, 103 times since 1945; Biden singed debt-limit deal into law, averting default + Nonfarm payrolls in May up by 339,000, better than 190,000 DJ estimate, 29th straight mth of positive job growth  + US unemployment rate at 3.7% against estimate 3.5%, highest since Oct 2022, labour force participation rate unchanged   + US private payrolls rose by 278,000 in May ahead of DJ estimate for 180,000: ADP + US job openings hit 10.1m in Apr, up from 9.7m in Mar  - US banks report biggest capital outflow in 40 years, deposit losses topped US$470bn in Q1: FDIC  - Goldman Sachs considering another round of job cuts expected affect <250 ppl, 3rd round of jobs cuts in under a year - Biden orders 20-year ban on oil, gas drilling in ...

  (Image source : Sembcorp) Lone Wolf Fund(LWF) Portfolio as at end of May 1.) Cash 2.) Bank of China(3988.HKG) 3.)  Boustead Singapore(BSL) 4.)  Haw Par Corporation(HPC) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   The general mood of our local market was one of weakness in May due to on going uncertainty about US Congress ability to pass the bill for debt ceiling hike. A default on debt obligation by the US government is akin to an economic Maguire scoring an own goal coined by a Ghanaian MP. On local front, a few companies caught my attention for various reasons. SingPost warning about the lack of profitability for its domestic mail business. I hope it is not a prelude in asking the tax payers to carry the unprofitable baby. I hope not to see another “SPHing” happening in SingPost. It will be troubling if unprofitable business are nationalised under the cover of public good. Priva...

  As expected, the lower yield did had an impact on demand. June issue was massively undersubscribed. Only about 30% of June issue SSBs found buyer. Next month SSBs yield will be higher than current month.  Please follow 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 verifica...

The Children’s Biennale from 27 May 2023-31 March 2024@National Galley Singapore   Market Summary 22-28 May 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US inflation rose 0.4% in Apr and 4.7% YoY; key gauge for Fed  + US consumer spending up 0.8% in Apr, beats expectations + Biden and McCarthy reached a tentative deal to raise federal govt US$31.4 trillion debt ceiling to avert default  + McCarthy: I expect a majority of House Republicans to vote for debt-ceiling bill  + US debt ceiling deal keeps non-defence spending roughly flat until FY 2024: Reuters  - US House voted to block Biden’s student loan forgiveness plan + US economic growth in Q1 revised up to 1.3% annual rate from previously estimated 1.1%  - Fed emergency lending to banks fell in latest week to lowest level since banking crisis began in Mar - USD share of official gold and foreign currency reserves dropped to nearly 3 decades low of 58% in Q4 2022 - US won’t tolerate China’s ban on Micron chip: commerce ...

  (Image credit : Yale insight) Meritocracy The word “Meritocracy” came from a combine of Latin word for Merit meaning “Mereo”, “I earned” and cracy in Ancient Greek suffix “Kratia” mean “power or rule”. Combine it together it mean “I earned the right to rule” . The subject had been the focal point of the government recently. My commentary might not sit well for some but they are my general observation, no malice in my commentary. Since our independence in 1965. We have set out on a course to be a meritocracy society. I give my government credits for closing the gap of the have and have not through education over the past 58 years. In recent years, at least in my impression, the door of meritocracy has been closing slowly due to a few factors. Education We were told all schools are created equally and all schools are good school. On infrastructure wise I have no disagreement but the brain and culture behind every schools are different. If all teachers and students are created equal...