A-Smart in Focus

A-Smart in Focus

A-Smart in Focus (2017-08-21) close: S$0.695 Mean Target price: No research houses covering A-Smart. No consensus estimates is available 1. Sector: Print Management 2. Core business structure: Time-sensitive financial printing, conceptualisation, design, copywriting, translation, typesetting, colour proofing, printing, post-press packaging, global distribution and delivery. 3. Segment that generates the highest revenue: Print media 4. Countries that the business operates: China and Hong Kong, Singapore, Malaysia 5. Challenges: Operating deficit of S$1.4 million experienced by their dissociated firms and accompanying loss incurred by them. 6. Strengths: The group restructured their overall…

Sins of Investing – Gluttony (Part 6)

Sins of Investing – Gluttony (Part 6)

Having covered Sin 5: Wrath in the previous article, I will be covering on Gluttony in today’s article. Sin 6: Gluttony – Living for today Lets face it, we all give in to instant gratification from time to time. How often are we able to delay gratification for the sake of the longer term? Perhaps putting off the many creature comforts / luxuries when we are younger so as to be able to save and invest that amount for the longer term. While it may seem little, but accumulated, it could mean quite a…

Sins of Investing – Wrath (Part 5)

Sins of Investing – Wrath (Part 5)

Having covered Sin 4: Envy in the previous article, I will be covering on Wrath in today’s article. Sin 5: Wrath – Failure to solve the root problem It is normal to get angry, however, getting too angry may result anger to cloud our judgement and causing us to make impulsive decisions that we may later regret. As a proponent of stoicism, we should always evaluate every situation calmly and rationalise things in a logical manner. Ask yourself, during this recent bear market, where all the stock prices have been falling, what is your…

Sins of Investing – Envy (Part 4)

Sins of Investing – Envy (Part 4)

Having covered Sin 3: Sloth in the previous article, I will be covering on Envy in today’s article. Sin 4: Envy – Constant need to compare In today’s competitive world, we have build up this constant need to compare ourselves with others. Just looking at Singapore, we can see this being cultivated since young. Parents comparing their children’s results/achievements at school with other kids and pushing their kids to do even better. Bring it back to investing, how does envy affect one’s investments? As value investors, our route to success is always not a…

ABR Holdings Limited in Focus

ABR Holdings Limited in Focus

ABR Holdings Limited (2017-08-29) close: S$ 0.710 Mean Target price: No research houses covering ABR. No consensus estimates is available.   1. Sector: Food and Beverage 2. Core business structure: Swensen’s operations 3. Segments that generates the highest revenue: Revenue from external customers 4. Countries that the business operates: Singapore, Malaysia, Asia 5. Challenges: Amid economic ambiguity, people are choosing to eat simply rather than at high class restaurants. This affects Swensen’s revenues 6. Strengths: While the Malaysian Ringgit has depreciated relative to the Singapore Dollar, their Malaysia outlets nonetheless…

Sins of Investing – Sloth (Part 3)

Sins of Investing – Sloth (Part 3)

Having covered Sin 2: Pride in the previous article, I will be covering on Sloth in today’s article. Sin 3: Sloth – Taking the easy way Ever felt that moment of laziness, that time when you wanted to take the easy way out. Well, in investing, there are few short cuts. Understanding what you are investing in means doing the hard work even though it is rarely the quickest way. Only when we have done our due diligence can we truly rest in peace. Imagine if a company you invested in dived 50% because you…