Lone wolf investor

  Tropical exhibition@National Gallery 18 Nov 2023-24 March 2024 Market Summary 27 Nov – 2 Dec 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US Personal Consumption Expenditures price index (PCE) up 3% in Oct YoY: prices for good up 0.2%, services up 4.4%, food prices up 2.4%, energy down + Powell resisted market’s anticipation of interest rate reductions, yet emphasised monetary is “sufficiently” restrictive  + US 10-year bond yield fell to 4.2%, almost hitting 3-mth low  - US manufacturing PMI confirmed at 49.4 in Nov, lowest in 3 mths: S&P Global  - ISM manufacturing PMI unchanged at 46.7 in Nov, 13 consecutive mth stayed below 50, new orders continue to decline, factory employment decreases as hiring slows down   - US pending home sales decline 1.5% MoM in Oct, pushing the index to 71.4, lowest since records began in 2001  + US construction spending rose 0.6% MoM to seasonally adjusted annual rate of US$2027.1bn in Oct, beating estimates  + US average rate on 30-yr fixed mortgage at 7.22% a

  (Merry X’mas and A Happy New Year everyone) Lone Wolf Fund(LWF) Portfolio as at end of November  1.) Cash 2.)  Valuetronics Holdings Limited   3.)  SBS Transit   4.)  Boustead Singapore(BSL) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   The Cashare portfolio of companies continue to offer stability to Lone Wolf Fund. Just to recap on my pivot into buying companies with huge cash or cash equivalents in their books. The huge cash pile adds to earnings growth of SBS Transit, Valuetronics and Boustead in the recently concluded earnings season due to tailwind from higher interest income. All companies in my portfolio had shown an improvement in earnings even though some companies’ revenues were lighter year on year. The high cash holdings will probably keep all the companies in portfolio out of trouble for the foreseeable future. There are possibility of those companies return excess cash to shareholders. The

  Result for Dec SSBs is out. Unsurprisingly the Dec issue saw overwhelming interest from investors due to high yield. Those who applied $20,000 or below get full allocation. An additional $500 were given to 27.83% of applicants who applied more than $20,500. Congratulations to those who got the issue. 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 subm

(Landmark 81 Skyview@Ho Chi Minh City)   Market Summary 20-26 Nov 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US black Friday shoppes spend a record US$9.8bn in US online sales, up 7.5% YoY  - US Oct existing home sales fell 14.6% YoY to 3.79m units as median price up 3.4% to US$391,899 - US-EU delay a trade meeting due to take place next mth amid deadlock in negotiations   - Citigroup to layoff >300 senior manager positions  - US transition to EVs faces delays with concerns about vehicle range and limited charging capacity + Tesla ready to invest up to US$2bn in India if the govt approves a concessional duty of 15% of its imported vehicles first 2 years  + US EV sales expected to hit record 9% of all passenger vehicles  - Nvidia delaying launch of new AI chip it designed to comply with US export rules unit Q1 24  - Ford to scale back plans for US$3.5bn battery plant as EV demand disappoints  + Sam Altman will return to lead OpenAI, fires Board that sacked him last week  - Binance CEO Zhao ste

Lone Wolf Investor will be taking a 3 weeks break for a holiday. Updating of the blog will be patchy. Have a great December holiday everyone. God Bless. 🙏  

(Image credit: benchmarkseniorliving) Old is gold I never quite understand the true meaning of the phase until I reached a more advanced age now. We treat old paintings and old historical artefacts with great care. Old wines and vintage cars commanded great value at auctions. It is one's great fortune to receive a grandfather’s bequest of a Mercedes 300 SL Gullwing. A model was sold for USD $6.8m in 2022 which was bought in the ‘50s for slightly less than USD$ 7,000 or USD $71,000 equivalent in today's money. In recent times, I can’t pass a week without my government reminding me about the ageing society issue having an impact on our economy. In the recent announcement of forward sg, the government announced a broad range of initiatives to have seniors aged well in our society. There are a few points which I would like to talk about from my own observations.  Assisted living/daycare facilities   There is a lack of affordable assisted living/daycare facilities for seniors who do

Low Kway Song Singapore 1889-1982 Sultan in his Chambers circa 1930s Collection of National Gallery Singapore Market Summary 13-19 Nov 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation flat in Oct from previous mth but increased 3.2% YoY, both below WS estimates  + US wholesale prices in Oct posted biggest decline in 3.5 years, PPI down 0.5% in Oct, biggest mthly drop since Apr 2020  - US manufacturing output fell 0.7% in Oct, data for Sept revised to lower to show production up 0.2% instead of 0.4% + US retail sales fell 0.1% in Oct MoM, ending 6 straight mths of gains, partly driven by falling prices of gasoline and cars  + Biden Xi meet in San Francisco Baay area on sidelines of APEC  + US-China agreed to start talks on AI and commit to working toward further increase in schedule passenger flights early 2024 - US auto strikes sank manufacturing output in Oct  + US GDP is projected to expand 2.1% in 2024 on full-year basis: Golden Sachs  - Americans filing new claims for jobless benefits