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…

Start right with your business partners – the pre-nuptial way

Start right with your business partners – the pre-nuptial way

By Christopher Quek I have seen the fall of startups caused by many reasons, one of which is the relationship of the founders/ business partners. Startups are formed by many types of founders. I have the general one where good friends from army, school, previous workplaces or childhood friends coming together. I also met founders where a senior mature experienced founder will have two young passionate energetic co-founders, to an exotic mix of a Hong Kong, Taiwanese and Singapore mix, or a Singaporean, French and American combination, to an Australian and…

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…

AA Group Holdings Ltd

AA Group Holdings Ltd

  AA Group Holdings Ltd   (2017-08-23) close: S$0.044   Mean Target price: No research houses covering AA Group Holdings Ltd. No consensus estimates is available. 1. Sector: Manufacturing 2. Core business structure: High-end audio equipment 3. Segments that generates the highest revenue: U-yokes (S$7,879,966) 4. Countries that the business operates: Asia, North America, Europe 5. Challenges: Poor economic performance in China, negatively impacting the worldwide steel trade (the groundwork for any developing market like China). Other FY2016 revenue lessened by 36%, due to the weakening Chinese Yuan. 6. Strengths:…

Sins of Investing – Pride (Part 2)

Sins of Investing – Pride (Part 2)

Having covered Sin 1: Lust in the previous article, I will be covering on Pride in today’s article. Sin 2: Pride – Being Overconfident Everyone possesses an egoistical side, that need for face. Males more so than females. There are always moments in our life where we are blinded by our own pride/overconfidence. This could be us thinking that since we are working in a certain industry, we somehow become experts in it or years of successful investment returns resulting in us thinking we are investment professionals. At times, just by owning a good, that…