Lone wolf investor

This is a repost which I wrote a couple of months ago. The latest Federal Reserve meeting minutes released had shown most members favour a tapering by end of this year. The timeline is similar to my own forecast. The Fed is also concern with the runaway valuation of the stock market. The US market did get a reaction, most indices are down around 1% after the announcement. Going forward there might be a repricing of risks by the market participants.  Wolf Money(interest rate watch) June 24, 2021 Lone Wolf Investor interest rate watch officially start this week . Recently Fed Chairperson Jerome Powell had indicated interest rate increase might move forward from the previous communicated timeline of 2024 due to better than expected employment numbers and rising inflation. Now the market is expecting interest rate to increase sometime in 2023, about 1.5-2years from now. There is also the fed tapering of QE(quantitative easing which mean buying bond in cash effectively inject cash into the

  I was asked “why no vegan food or healthy food in my wolf bargain?” In the name of diversity, this is for you, the vegan.  (The impossible $5.90 made possible by 7-Eleven) Is it possible to have an impossible burger for less than 6 bucks? I would have find it unbelievable too. The cheapest impossible burger could be found for around 15-20 bucks in a cafe. Price of the impossible burger had been coming down recently(just like our stock market). It used to cost 30 bucks a burger when it was first launched.  (Juicy meat patty) Here come the low cost leader, 7-Eleven. I found the impossible burger(plant base) during the recent lockdown where any form of dinning in is forbidden. Armed with an empty stomach I chanced upon the impossible burger at 7-Eleven PLQ. It cost just $5.90. I thought my eyes are playing trick with me but it turnout my skepticism is unfounded. The mushroom Swiss Impossible Burger come with sweet soft burger bun, a nice impossible meat patty, mozzarella cheese, sautéed

The company had just released an announcement stating they have appointed Credit Suisse and UBS as lead managers and financial advisors for a listing of their Australia subsidiaries in ASX by end of 4Q this year. Good news for poor suffering shareholders who had to bear the brunt of falling share price and the cut in dividend over the last 2 years. Finger crossed if they can get the listing over the line. Sgx link  https://links.sgx.com/1.0.0/corporate-announcements/DQETU6ZSM7WQPIHM/a6e59aad6875a6ecf97cd0788c579db2c8ad29163718b4cc92ec226262ef9f79 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 informa

Jolly Koh Singapore 1941 Fan Fern, IV(after Fan Fern, 1968) circa 1991 Collection of the National Gallery Singapore Market Summary 9-15 Aug 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US consumer sentiment index fell to 70.2 in preliminary August reading, lowest reading since 2011  - US July consumer prices jumped 5.4%, up 0.5% MoM, core inflation rises less than expected  + Yellen reportedly weighing a trip to China in coming mths + Fed is nearing the point of reducing its massive support for the economy, to begin cutting its US$120bn in mthly purchase of Treasuries, mortgage-backed securities  + US job openings top 10m in June, a new record, 3.9m workers quite their jobs the same mth  + US jobless claims total 375,000, falling for 3rd straight week, down 12,000 + US home prices soaring 23% in Q2 YoY amid low number of listings and robust demand + US senate narrowly approved US$3.5 trillion budget plan  + US House Democrats seek at least US$160bn in new EV funding as part of US$3.5 trillion spen

  Thai Beverage PCL had shown an increase of 11.5% in EBIDTA to a tune of 36.6b Baht vs 32.8b Baht previously. It was a valiant performance given the dire covid 19 situation in Thailand and Vietnam. Profit seem to be unaffected by the pandemic. There are strong growth in spirits and beer profitability. With weakness in food segment. Debt to equity had fallen from 1.01 to 0.95x which show the business is generating strong cash flow. Overall it was a commendable 9m given the difficult operating environment. Thai Bev is more of a spirits play than a beer play. Spirits contributed more than 80 percent of profit.  Please refer to my previous blog on Thai Beverage.  Thai Bev 9m business update SGX link https://links.sgx.com/FileOpen/Business_Update_9M21.ashx?App=Announcement&FileID=678945 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 natu

I have included Comfortdelgro(CDC) into my situational play bowl. There are a few points which I found the current operating environment to be more conducive for CDC.  1.) Our government and the UK government are dead set on reopening the respective economies given the language used by the politicians in both countries. “ You have to live with covid whether you like it or not”. With two countries contributing 75 percent of revenue,CDC is likely to see an uptick in revenue in both countries if the path toward reopening continue. (UK and Singapore are key market for CDC) 2.) 1H 2021 result is encouraging with net profit coming in at 91m which resulted in eps of 4.2c. Interim dividend of 2.1c had resumed since last year. (Latest profit number shown encouraging improvement given lower government subsidy) 3.) Taxi revenue had fallen to less than 13 percent which doesn’t affect profit of CDC as much as previously. Ground chat with drivers indicate better value to drive a taxi than to be priv

I remember Gabriel Yap as a broker from DMG Partner securities. I used to watch quite a lot of business news on tele when I was just starting out as a broker decade ago. He is also a regular stock market pundit on Channel News Asia. He always made a flamboyant appearance on tv with a different pair of fashionable specs. He will end it with his signature goodbye after every show “This is your angel Gabriel Yap signing off”. I find him quite an interesting pundit to watch on tv.   “Making your millions in reits” by Gabriel Yap is a book on reit investment. It is a comprehensive guide on what to look out for when one is considering investing in reits. There are also the questions of why, how and when to invest in reits. There are certain pitfalls to look out for when one is investing in the space of reits.  (Contents) Drawing from my experience. A CEO of a company which happens to be a sponsor of a reit once mention the way to maximise value of a property is to sign a sale and lease back