Saturday, February 28, 2015

Good Investment Advice via Comics

Scott Adams, the artist behind the Dilbert comic, has recently started a short series of investment-related strips, like the one below. Because of the author's frequent use of sarcasm, you cannot be sure whether to follow the advice doled out by the usually incompetent boss. 

As a follower of the strip (I bought a compilation of his strips more than 14 years ago!), and maybe because of his newly introduced Disqus-powered comments sections, there was a lot more discussion generated for this series of strips.

The lesson I gleamed from this series is that better to be the Boss than the Intern! 

Friday, February 27, 2015

Portfolio down 0.3% month-on-month

The portfolio fell marginally in February. The end February value was SGD 119,111 or SGD 375 lower compared to the previous month. SGD 11,462 of the current portfolio is in cash.

Colex, GMG, F&N and Hong Leong Finance all lost some of their January gains. Petra was unchanged, while Super Group added 7.7% or 8.5 cents in share price.

There is still some leg to this market. I am actively eyeing F&N, Super Group and Kris Energy as targets for the remaining SGD 11,000. I can of course stay liquid.

Thursday, February 19, 2015

A Secret Bull Market Indicator for the Singapore Stock Market

Why we are not at the market peak and how to identify it
I analysed the number of IPOs floated on the Singapore stock exchange since 1997. What I discovered plotting the data graphically against the Straits Times Index shocked me.

Monday, February 16, 2015

Is the Brazil bubble bursting and bringing Keppel and Sembcorp along?

There is plenty of bad news coming out of Brazil and this will impact Singapore's rigbuilders Keppel Corp and Sembcorp Marine. The national oil company Petrobras is being caught in an ongoing corruption probe that has seen its CEO resign and international suppliers such as Keppel and Sembcorp implicated. Sete Brasil, formed by a group of Brazilian companies to run the offshore rigs working in Brasil has difficulty obtaining financing. As a result, Sembcorp and other rig and shipbuilders have not received payment

If Petrobras and Sete Brasil do not sort their issues out in time, it will mean earnings downgrade for the two Singapore stock exchange heavyweights. Sembcorp is much more exposed to the rumble in the Brazilian jungle. Half its net order book comprises drillships ordered by Sete Brasil. Both Singapore rigbuilders have also invested in setting up a yard in Brazil to meet the country's local content requirement.

Thursday, February 12, 2015

My very brief experience with the Fitbit activity counter

I bought the two Fitbit Flex from the Challenger store at Funan the IT Mall about two months ago. One was for me to monitor my own activity level, since I put on about 5 kg of weight over the past 4-5 months due to my injury. The other was for my girlfriend as a Christmas present. It was also to encourage her to monitor her activity levels, since she leads a more sedentary lifestyle than I do.

The Fitbit Flex is considered mid-ranged in terms of price for similar wearable technology It cost me about more than SGD 100 per unit, and that was after a 10% discount, as my friend was a Challenger store member. It came with the actually counter, two wrist bands, a RFID USB dongle (to sync from counter to computer) and a USB charging cable.

My experience with the Fitbit was brief because I might have dropped it somewhere in camp while on my recent ICT and only realised it when I was almost home that same day. The Fitbit wristband should not come out that easily but I was guilty of playing with the strap to while some time away.