Lone wolf investor

  (Source : MAS website) The current yield on November SSBs is at its highest for the year. At 3.32% average yield, I am expecting good take up for this month issue. As for next month SSBs, it will be similar in term of yield base on 10 years SGS bond yield. It is definitely good time to be a saver now. SSBs could be use to house an emergency fund with flexibility in withdrawal and good long term return. There is no capital risk but do note there is one month lag for withdrawal. Risk free rates are likely to stay stubbornly high throughout next year that makes SSBs a good safe heaven. Closing date for application falls on 26th Oct 2023@9pm. 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

Where do you look for value in this corrective market? Value(tronics) 😅. Joke aside, this company is indeed cheap on ex-cash basis. Valuetronics business revolves around EMS(electronics manufacturing services). The company has an insanely high 80% of its market capitalisation in cash. Lone Wolf likes companies with a lot of cash, as cash deposit become tailwind for earnings growth with risk free rate staying stubbornly high. On an ex-cash basis one is paying 10c for the whole business roughly 2x p/e. They earned roughly about 5c SGD(HKD 30c) a year. The dividend yield which includes special dividend is around 3.5c approximately 6.6%. They have a share buyback program to acquire up to HKD $250m about SGD $44m equivalent in shares. They are only 1/3 through their buyback. The buyback acts as a backstop for the share price. The HKD $1B net cash also helps reduce the downside risk. Over the past 5 years, the company had went through tough times. From trade wars to covid 19. Revenue suffer

  Ong Kim Seng Singapore 1945 Singapore River circa 1980 Collection of National Heritage Board, Singapore Market Summary 9-15 Oct 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US CPI rose 0.4% in Sept MoM and 3.7% YoY, core CPI up 0.3% MoM and 4.1% YoY, shelter costs accounting >50% the rise   - US national debt surged >US$500bn in just 20 days to reach US$33.5 trillion, borrowed by federal govt to cover operating expenses  + Fed Reserve Harker: amid ongoing disinflation, rate hikes likely over  + US jobless claims remains at historically low level of 209,000, job market remains strong in face higher interest rates - US average long-term mortgage rate surges to 7.57%, holding at highest level since 2000  + US import prices edged up 0.1% in Sept, below expectation due to strong dollar  - US consumer sentiment fell sharply in Oct as household anticipated higher inflation over next yr  + US major banks; JPMorgan, Wells Fargo, Citigroup profits get boosted by higher interest rates  + US EV sales j

  (Contents) George Yeo’s Musings 3 was his third and final book exploring his personal life and his views on geopolitical trend of the world. The book took me just over a month to finish as I am keen to know his experience working under our late PM, Mr. Lee Kuan Yew. He had an intimate working relationship with LKY since graduating as a presidential scholar. The late Mr. Lee had in many occasions asked George Yeo to join politics early so he could groom him under his wing as he saw George as a capable person destined for an important role in the government. It was not until at the very end of his service with the SAF when he decided to take a leap of faith into politics. The relationship between the two was one of mutual respect with times of occasional choppy water. I could sense the respect and fear George Yeo had for the late statesman. One such testing time happened during the design of the Esplanade Theatre, where George Yeo was the key man in charge of the project. He got a “lov

 The Rotunda Library@National Gallery Singapore Market Summary 2-8 Oct 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US mortgage rates hit 23 years high in Sept, average 30-year fixed mortgage contract rate rose by 12 bps to 7.53%  - US payrolls increased by 336,000 in Sept, exceeds expectations, fuels interest rate hike fears  - ADP payrolls rose 89,000 in Sept, down from upwardly revised 180,000 in Aug, below the 160,000 estimate by DJ  - US entire banking industry lost total US$872 bn in a year, about 30% or US$260 bn exited JPMorgan, BofA, Wells Fargo n Citi: S&P - Kevin McCarthy voted out as Speaker of the House  + US automakers’ sales rose 16.3% from Jul through Sept despite high prices and interest rates  + US auto workers hold strike expansion after bringing EV battery plants into union’s national contract  + United Airlines making 2nd largest order new planes less than a year, >100 include 50 Boeing 787-9, 60 Airbus A321neos  - US debt crisis to slow East Asian growth: FT - US >75

I had the pleasure of lunching with a friend at the newly opened COMO Cuisine. The restaurant is housed on the 2nd floor of COMO Orchard, Bideford Road. Readers of my blog know the property was frequently mentioned in my blog due to my ownership of Boustead Singapore share. The property is co-owned by Boustead Projects. Como Cuisine, first outlet, is located at Dempsey. Their Bideford outlet was so new, we were one of the first few diners walking through their door. The interior deco of the restaurant had an industrial and modern feel, giving the patrons a sense of space due its high ceiling and the generous spacing between each table.  (A cafe with an Industrial look)  (The bar looks amazing) First up, an appetiser of Tortilla Chip with Guacamole Dipping Sauce. The essence was in the sauce, which gave a wonderful feedback to the palate with it earthy and slightly sweet natural taste. For the main, I ordered a Grilled Chicken Club Sandwich and a COMO Wagyu Burger was my friend’s choice

Kumari Nahappan Malaysia 1953 Suara: 2A, 2B & 2C circa 2005 Collection of National Gallery Singapore  Market Summary 25 Sept-01 Oct 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + US inflation up 0.4% in Aug, core PCE price index gains 0.1%; up 3.9% YoY, personal income up 0.4%, saving rate dips to 3.9%   + US House voted 335-91 to extend govt funding through mid-Nov, to avert govt govt shutdown  + USD on track to post its biggest quarterly gain in a year up for the 11th consecutive week  + Fed maybe done with rate rises: Fed’s William Bank of NY President  + US Presidential hopeful Robert Kennedy Jr to run as independent in 2024 election   - US equity funds witnessed biggest outflows of net US$11.69bn in 7 days to Sept 27, biggest of any week since Jun 2021  - Biden administration’s plan to slash offshore oil drilling plan n gas leasing - US telecom agency’s proposal to reinstate net neutrality rules could force removal of equipment from Huawei, ZTE from us networks, data centres  + Intel said be