Issues On Debt

Thalassa Holdings – Up Up Up And Away

Chart Of Thalassa Holdings They say that time is the friend of a great business but the enemy of the mediocre. While that statement has a pervading ring of truth to it, the sagely quote excludes commodity businesses with a high probability of self sustenance and mean reversion into the future. Can I tweak that to say time is the friend of those companies that can survive an industry downturn? (more…)

Issues On Debt

EZRA EZRA , No Longer The Bella Of Dreams

Ezra Holdings 

Ezra Holdings! When inspiration hits me and the juices flow and I feel an explosion of information welling up, my outlet is to share and tell. It may be amongst good friends and confidantes or it could be a humble blog as such. And with a feeling of perkiness, I entitled this article Ezra Ezra, No Longer The Bella Of Dreams. I was reading the newspapers recently. The headlines. " Winding Up Application Filed Against Ezra" . Another headline . "Ezra Receives A Statutory Demand From Forland for $25.5 Million". The thing is this. Before it even makes the headlines, the smart investors have already scooted off elsewhere, leaving thousands of ignorant investors in a trail of financial destruction.

Many retail investors have been bruised financially as a result.  In investing , being formally educated is wise and cheap. Being an ignoramus is bloody expensive. Let not your negative experiences be your tuition fee. Let the prominent investors of our time guide you! Read their books. Digest them! Assimilate them! Educate yourself through the eyes of another I say to you. And you shall surely find your way! Slowly but surely!

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Benjamin Graham

Hong Leong Asia Ltd – Notes From My Investing Journey

Hong Leong Asia  On the 27th of November 2016, I noted an entry into my investing journal. My modus operandi is to create a master folder of companies that I am interested in. And within these folders contain the information with which I do my research. The folder may also contains annual reports, links to news articles in the media and any filings related to the company. Within 1 of these master folders contained a company called Hong Leong Asia Ltd, a holding company of various subsidiaries operating in diverse industries. It has a total of 5 core business segments. They are: (more…)

Uncategorized

Oriental Watch Holdings

If you are in Asia and you consider yourself a value investor, Hong Kong is a great place to find bargain companies at more than fair prices. And that hunt begins in Hang Seng Index. Although the index, a representative of market performance has held its ground at 23700 levels with respect to global indices, our screens have begun to show a number of candidates worth considering. (more…)

Low PB

Swing Media Technology Group : A Potential Value Trap

Swing Media Technology Group I spend my days looking at companies and their annual reports. And what I do on a daily basis is to try and understand the businesses of these companies from these annual reports. The annual reports, the financial statements and the notes to the financial statements can give you an understanding into the operations of the company that one is researching. Amongst my favourite places to search for undervalued securities are stocks which are trading below book value. (more…)