Lone wolf investor

  (Somewhat confident outlook from management) The company reported a 30 percent increase in profit. Real Estate and Vietnam business contributing to the uplifting of profit. The company is guiding better profit compare to last year. Overall I think it is a good start to the new financial year after the lifting of covid restrictions in Singapore. The company is in a net cash of 155m about 49.5c cash per share even after the big purchase of Bideford Building. Asset value stood at $1.265. More detail commentary at my end of the month portfolio update. Cheerio 👋  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 ac

CDG had just announced multiple contracts win in Australia totalling AUD 1.7B for a duration of 7-8 years in Sydney and NSW. A good announcement to start the week for CDG. CDG is providing a q3 update this week.  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 whatsoever warrant

Tan Swie Hian Singapore 1943 Longevity Tree Circa 1980s Gift of DBS Bank Ltd Collection of National Gallery Singapore  Market Summary 31 Oct – 6 Nov 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fed raised interest rate by 0.75% at 14-year high, hints could slow pace of rate hikes in Dec  + US Nonfarm payrolls went up by 261,000 in Oct vs 200,000 forecast, jobless rate rises to 3.7% from 3.5% in Sept  - US 2-year Treasury yield hits new 15-year high  - US job openings in Sept at 10.7m, up by 437,000  - US trace deficit at US$73.3bn in Sept, up by US$7.6bn from revised figure US$65.7bn in Aug  + US factory orders up 0.3% in Sept after up 0.2% in Aug  - US number of job cuts 13% higher than previous mth, highest since Feb 2021  - Trump expected to announce 2024 Presidential bid soon after midterms  - Biden’s student loan forgiveness program remains on hold pending legal challenge brought by 6 Republican-led states   - US officials discussing with European allies’ possibility of tightening export rest

  With the recent rise in interest rate, banks are outdoing each other by increasing interest rate on saving account. Sing Investments & Finance GoSavers account is probably one of the highest interest paying pure vanilla saving account. Starting rate at 2.5% for first 100k to 3.5% for 250k and above. A good account to provide liquidity with no string attached. SDIC insurance protects up to 75k. Other T&C may apply. https://www.sif.com.sg/gosavers-account/ 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 p

  (Credit : Mark Möbius LinkedIn,I forget to take a snapshot of the book cover🤦‍♂️) The book titled “The Inflation Myth and The Wonderful World of Deflation” by former legendary Templeton fund manager Mark Möbius discussed the topic on misinformation of inflation. The book was published before the current inflationary madness plaguing the world.  Another term to describe inflation is currency debasement. If one substitute inflation with currency debasement, the narrative become clearer. Over centuries many irresponsible government from the Roman Empire to the modern day political office went through period of overspending (books balancing skill lacking, accounting wise). During Roman Empire, government start chipping away the gold and silver content in coins to pass it off as full gold and silver coins. The full gold and silver content during Augustus reign was reduced to only one five of thousandth(equaling 0.0002) by Aurelian Reign, unable to reduce the gold and silver further, Aure

  Wu Guanzhong China 1919-2010 Households of Hainan circa 2001 Gift of the Artist  Collection of National Gallery Singapore  Market Summary 24-30 Oct 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US GDP grew 2.6% in Q3 YoY: advanced estimate from Bureau of Economic Analysis  - US spread between yields on 3-mth Treasury bill and benchmark 10-year note started going negative this week: WSJ + US personal consumption expenditures (PCE) surged by US$113bn or 0.6% in Sept, PCE price index rose 0.3% MoM  + US consumer spending rose 0.6% n Sept, data for Aug revised higher to 0.6% instead of 0.4% previously reported   + US Consumer Sentiment Index at 59.9 pts in Oct, up 2.2% MoM   - US consumer confidence index falls to 102.5 in Oct from 107.8 in Sept: Conference Board  - US trade deficit in goods widen to US$92.2bn as exports stumble  - US key 30-year mortgage rate jumped to 7.08%, top 7% for 1st time over 2 decades  - US new home sales fell 10.9% in Sept from Aug, down 17.6% YoY, pending home sales fall

(CCP party flag)   Lone Wolf Fund(LWF) Portfolio as at end of Oct 1.) Cash 2.) Bank of China(3988.HKG) 3.) Comfortdelgro(CDG) 4.)  Boustead Projects(BP) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   It had been a while since I felt the butterflies in my stomach. There are plenty of mixed emotions at play. I would be lying if I told you I am not chuffed by the recent falling market. Finally value had arrived for a proper bargain hunt. On the other hand, it felt like déjà vu, the ghost of GFC had returned.  (My Trading desk) I was a young broker then at the height of GFC panic which was bought on by the near collapsed of AIG, of course some may argued Bear Stearns collapsed was the armageddon of GFC ,to me Bears Stearns failure was only an appetizer of what was to come during GFC. Telephones were ringing non stop. Some clients even called, asking what should they do with their AIA policies unfortunately I am i