Contrarianism
Meditations On Value Investing
A big part of my life as an investor intertwines with my spiritual life. As much as investing has been about making the right decisions on stocks, to me at least, investing has been for Read more…
Bonds
Nam Cheong : A Painful Experience For Bondholders
It was just another day for me but to the bondholders of Nam Cheong, they must be having a bad day. Yet again, another company within the marine sector hit by financial woes. Now, if I may say so in a way that does not mock, the problem with most investors is that they chase yield without looking at the underlying issuer's finances. And to tell you truthfully, my heart goes out to those affected by Nam Cheong's Bonds. I think, maybe, this is one of those instances that I could talk about as I have some ideas regarding the analysis of bonds. Do note that this is just a "back of the envelope" sort of analysis and we won't be going into a full on in depth credit analysis here. In fact, these sorts of "rough" calculations do shed some light on these matters. (more…)
Deep Value Investing
A Reckless Comparison Of A Low Price To Book Vs A Supposed Moated Corporation
We all know the story that has been over sensationalised by the media. Buy a moated stock and leave it be. And watch your wealth grow. But as I said before. It is very hard to find a moated stock that will keep growing.
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Benjamin Graham
The Case For Cosmosteel Holdings Ltd
Feeling a sense of peace and calm in my life currently, I felt it was time for another article. The hustle of life does get to one sometimes . The chaos, the noise, the incessant flow of the river of life and meaningless, unnecessary unproductive going on's drain my limited life force. Until I find my centre again. And this is my centre. This is it right here. I am living the life I want. Oh! The annual reports. The daily chatter in my mind of earnings, assets, balance sheets and dividends. I start to love my life again immediately. I was born to do this! I love counting and the deepest echoes of my soul tell me this : That I Am Aware Once Again.
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Case Study
Kimly Limited IPO : Count Us Out On This!
Kimly Limited IPO: One of the few things that confound me as an investor is why do retail investors demand participation in a hot IPO that seems overvalued? And the answer is simple. Everyone wants the opportunity of making a quick buck. And the problem is this : IPO's are usually fairly or overvalued. Didn't you know already? IPO stands for It Is Probably Overvalued. It probably isn't the first time you have heard this and it won't be the last. But the truth of the matter is retail investors will not pay heed to prudence in investing. Rather, they pay heed to greed.
Enticing Story
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