Pros Acceptable moat - only listed road specialist, many years of experience and track record Strong financials, FCF, ROE, margins Good dividend yield Even though undertaking mostly government projects, margins are high - shows management competence China Sonangol catalyst (construction of condos, overseas opportunities, can be acquisition target) Oil and gas industry catalyst Property development … Continue reading OKP Pros and Cons Analysis
Strengths Good numbers and better than Brady’s (better NPM, ROE, ROA, div yield, lower PE than industry) Barriers to entry - stringent requirements; strong relationship with clients (Seagate, Maxtor, HP, WD) and clients want reliability; established track record Integrated capabilities and production facilities 70% repeat customers Management holds around 40% of company Experience of management … Continue reading Adampak SWOT Analysis
Many of us have heard that the best time to buy stocks is during a stock market crash or during a correction. However, how many can actually put this into practice? The sure way to make money is to buy low and sell high. However, how many of have done the exact opposite? They buy … Continue reading Emotions taking over during a crisis?
During a prolonged market downturn, many good companies get beaten down in price due to market sentiments. A few months back, some good companies such Capitaland, SIA Engineering, Hyflux, ARA, etc were at low prices. I was very tempted to buy some of these companies for a short-term trade up. Even though the companies might not … Continue reading Trading vs Value Investing During a Recession
Andrew Hallam is an English teacher at Singapore American School. He built a million dollar portfolio on a teacher's salary, while still in his 30s. His book, Millionaire Teacher, is an international bestseller. FFN: At what age did you get started in investing? AH: I started to invest when I was nineteen. FFN: How did you … Continue reading Coffee with FFN and Andrew Hallam