Lone wolf investor

  (Image credit: FAS; the history making of class of ‘25) My thoughts and prayers to the victims and families affected by the Wang Fuk Court fire in HK. May God grant you solace and strength in your road to recovery. Amen 🙏  Ole Ole Ole Ole  Singapore football had its finest moment recently with the qualification for the Asian Cup 2027. Let me join my countrymen in congratulating our Lions for a job well done. The continental championship will be held in Saudi Arabia. There might be good reason for booking an air ticket to Saudi Arabia for some sightseeing since our national team is in the main draw of the AFC Asian Cup. Gavin Lee did a fantastic job in sending our team to the Asian Cup. He deserves to be given the head coach job permanently. I hope he can create another miracle in the AFC Asian Cup. Many congratulations to the new Lions head coach. (Image credit: CNA; Gavin Lee, the man of the moment) Although our footballing skills are still a few ranks below the tradi...

  (Source: MAS) The low yield in current SSBs continues to have an effect on demand or lack of it if I may add. Out of $400m on offer, $157.1m found buyer. Next month SSBs are likely to come with higher yield given the rebound in 10 year SGS. 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 beli...

  I just sat through 45 mins of the conference call. These are some of the points I gathered during the session. *Spirit business was down due to Thai-Cambodian conflict, as they can’t sell in war zones. Some 600k Cambodians working in Thailand are their customers who fled for their country during the period. In process, pulling down the sales.  * Sales and marketing expenses were higher than normal in the spirit business due to new products launched. Some products have a payback period of 1 year. They foresee sales and marketing costs to be back to normal for FY26. *Capex is likely down for the coming year as F&N dairy farm in Malaysia and 3 Cambodia plants are almost close to operational. * Dividends will be maintained with at least 50% payout subject to cash flow. * Beer unit is improving in Thailand. They see the same in coming year with the government half-half policy likely to help sales in Jan 2026. Historically, in an election year, alcohol sales go up based on the...

  (Source: Thai Beverage PCL presentation slide) After having a quick look at the results. It was a mixed bag. There are a couple of positives and negatives from my reading. Negatives 1.) The biggest negative was the fall in profit for the spirit business which is the biggest segment of Thai Beverage business due to the weak economy. 2.) On hindsight, the share swap last year was slightly more advantageous for TCC given the better profit momentum in Fraser Property Ltd compared to the flat earnings’ growth of F&N. The merit of a valuation uplift as a pure f&b for Thai Beverage from the share swap has failed to materialise so far. Thai Bev is still trading close to 2 standard deviation below its average valuation. Positives 1.) The beer business is showing signs of improvement with profit and margin expansion. The lower raw material costs have helped improve margin. Lower input cost is likely to continue for at least a few quarters. 2.) The improvement to beer unit’s profita...

  (Source: MAS) There was an ever slight uptick, 0.02%, in yield for Dec issued SSBs. First year yield of 1.35% is higher than most savings accounts. The current SSBs is suitable for someone who requires access to liquidity within the next 6 to 12 months. It is poor returns to hold the SSBs for 10 years. The current 10-year yield barely beats inflation, a poor storage for money. The closing date for the current SSBs fall on the 25th Nov 2025@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/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 indepe...

  (Image credit: Fu Yu Corporation) The below article is for educational purposes only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I have taken an initial interest in the company. As most people who know me, I don’t quite like manufacturing companies, but the profitable trade in Valuetronic previously whipped up my appetite for more investment in manufacturing stocks. The company is struggling with boardroom issues. What is attractive to me is the net cash in its balance sheet. They have 6.4c in cash, which represents 64% of the current market cap. The company is also trading at a 43% discount to book value.  There are signs the company is turning around. The losses this year are mainly attributed to one-off charges. They are profitable without those one-off expenses. This year one-off expenses amounted to $8.1m. There is likely to be another $2m contingency payment to the ex-CEO if he won his lawsuits a...

  (Contents) The Price of Being Fair -The FairPrice Group Story by Sue-Ann Chia and Peh Shing Huei mentioned FairPrice Group was founded more than 50 years ago in 1973 to combat runaway inflation. The other mission was to attract more members to join the NTUC union with discounts for its affiliated businesses and services.  Our visionary Prime Minister, Lee Kwan Yew, had envisaged FairPrice, formerly known as NTUC Welcome, to moderate the cost of living in the 70s when the oil crisis struck, pushing basic staples and other necessities like rice and sugar to beyond what the masses could afford. In the 70s, Singapore is nothing like what we know now. The majority of the population are living close to the poverty line.  The mission is simple. FairPrice will source for cheaper rice and sugar far and wide by cutting away the middleman. It had an immediate impact on clamping down on widespread profiteering. Private grocers have to lower their price to meet the competition from...